Common use of Effectiveness and Efficacy Clause in Contracts

Effectiveness and Efficacy. This Agreement shall be effective for thirty-five (35) years, being valid and in effect as of the date of its execution. Division into phases This Agreement shall be divided into two phases: Exploration Phase, for the whole Contract Area, with expected duration set forth in Annex II; and Production Phase, with the duration defined in paragraph Error: Reference source not found. PRODUCTION SHARING

Effectiveness and Efficacy. This Agreement shall be Agreement, effective for thirty-five (35) years, being shall be valid and in effect as of the date of its execution. Division into phases This Agreement shall be divided into two phases: Exploration Phase, for the whole entire Contract Area, with expected the estimated duration set forth established in Annex II; and Production Phase, with the duration defined in paragraph Error: Reference source not found. Erro! Fonte de referência não encontrada.. PRODUCTION SHARING

Effectiveness and Efficacy. This Agreement shall be effective for thirty-five (35) years, being valid and in effect as of the date of its execution. Division into phases This Agreement shall be divided into two phases: Exploration Phase, for the whole Contract Area, with expected duration set forth in Annex II; and Production Phase, with the duration defined in paragraph Error: Reference source not found. Erro! Fonte de referência não encontrada.. PRODUCTION SHARING