Common use of Extension of Work Program; Extension of Term of Contract Clause in Contracts

Extension of Work Program; Extension of Term of Contract. If the Contractor is unable to comply with any Work Program as a result of Force Majeure, it shall be extended for a period which will not to exceed the length of such delay in performance and only to the extent the Work Program is actually affected, in the understanding that such extension shall not be granted unless it is requested in writing, specifying the reason for the extension (including, to the extent possible, an explanation of how the relevant event actually prevents the Contractor from performing the Work Program), no later than five (5) Days after the Contractor knows or should have known of the occurrence of the relevant event of Force Majeure in exception of the provisions in Annex 13. The Party that receives notice of Force Majeure shall inform the other Party whether or not it accepts the declaration of Force Majeure within no more than thirty (30) Days from receipt of the notice containing complete information. Except as provided in this Contract, the Parties shall resume performance of their obligations as soon as it ceases. The Appraisal Period shall be extended pursuant to this Article 21.3 only when the relevant Force Majeure affects the Appraisal activities for more than thirty (30) Days. The Contractor may request to CNH up to four (4) extension periods of the term of this Contract for three (3) Months each. The Contractor shall submit the correspondent extension request on or before the last Business Day of the following Quarter upon termination of one (1) Year from the notification of Force Majeure as referred to in Article 21.3 or during the three (3) successive Quarters, only in cases when Force Majeure has not ceased. CNH will resolve on the extension request in a period not exceeding (15) Business Days upon receipt of the request under the terms of this Contract. In case CNH does not issue a decision during the provided period, it will be deemed as positive.

Extension of Work Program; Extension of Term of Contract. If the Contractor is unable to comply with any Work Program as a result of Force Majeure, it the Work Program shall be extended for a period which will not to exceed exceeding the length of such delay in performance and only to the extent the Work Program is actually affected, in the understanding that such extension shall not be granted unless it is requested in writing, specifying the reason for the extension request (including, to the extent possible, an explanation of how the relevant event actually prevents the Contractor from performing the Work Program), no later than five (5) Days after the Contractor knows becomes aware or should have known become aware of the occurrence of the relevant event of Force Majeure in exception of the provisions event, except as provided in Annex 13. The Party that receives notice of Force Majeure shall inform the other Party whether or not it accepts the declaration of Force Majeure within no more than thirty (30) Days from receipt of the notice of Force Majeure containing complete information. Except as provided in this Contract, the Parties shall resume performance of their obligations as soon as it the Force Majeure ceases. The Exploration Periods and Appraisal Period Periods shall be extended pursuant to this Article 21.3 22.3 only when the relevant Force Majeure affects the Exploration and Appraisal activities activities, as the case may be, for more than thirty (30) DaysDays over such periods. The Contractor may request to CNH up to four (4) extension periods of the term of this Contract for three (3) Months each. The Contractor shall submit the correspondent extension request on or before the last Business Day of the following Quarter upon termination of one (1) Year from the notification of Force Majeure as referred to in Article 21.3 22.3 or during the three (3) successive Quarters, only in cases when Force Majeure has not ceased. CNH will resolve on the extension request in a period not exceeding (15) Business Days upon receipt of the request under the terms of this Contract. In case CNH does not issue a decision during the provided period, it will be deemed as positive.three

Extension of Work Program; Extension of Term of Contract. If the Contractor is unable to comply with any Work Program as a result of Act of God or Force Majeure, it the Work Program shall be extended for a period which will not to exceed exceeding the length of such delay in performance and only to the extent the Work Program is actually affected, in the understanding that such extension shall not be granted unless it is requested in writing, specifying the reason for the extension request (including, to the extent possible, an explanation of how the relevant event actually prevents the Contractor from performing the Work Program), no later than five (5) Days after the Contractor knows becomes aware or should have known become aware of the occurrence of the relevant event Act of God or Force Majeure in exception of the provisions event, except as provided in Annex 13. The Party that receives notice of Act of God or Force Majeure shall inform the other Party whether or not it accepts the declaration of Act of God or Force Majeure within no more than thirty (30) Days from receipt of the notice of Act of God or Force Majeure containing complete information. Except as provided in this Contract, the Parties shall resume performance of their obligations as soon as it the Act of God or Force Majeure ceases. The Exploration Periods and Appraisal Period Periods shall be extended pursuant to this Article 21.3 22.3 only when the relevant Act of God or Force Majeure affects the Exploration and Appraisal activities activities, as the case may be, for more than thirty (30) DaysDays over such periods. The Contractor may request to CNH up to four (4) extension periods of the term of this Contract for three (3) Months each. The Contractor shall submit the correspondent corresponding extension request on or before no later than the last Business Day of the following Quarter upon termination of after one (1) Year from the notification of Act of God Force Majeure as referred to in Article 21.3 22.3 or during the three (3) successive Quarters, only in cases when Act of God or Force Majeure has not ceased. CNH will resolve on the extension request in a period not exceeding (15) Business Days upon receipt of the request under the terms of this Contract. In case the event CNH does not issue a decision during the provided period, it will be deemed as positiveto have made in favorable decision.

Extension of Work Program; Extension of Term of Contract. If the Contractor is unable to comply with any Work Program as a result of Act of God or Force Majeure, it the Work Program shall be extended for a period which will not to exceed exceeding the length of such delay in performance and only to the extent the Work Program is actually affected, in the understanding that such extension shall not be granted unless it is requested in writing, specifying the reason for the extension request (including, to the extent possible, an explanation of how the relevant event actually prevents the Contractor from performing the Work Program), no later than five (5) Days after the Contractor knows becomes aware or should have known become aware of the occurrence of the relevant event Act of God or Force Majeure in exception of the provisions event, except as provided in Annex 13. The Party that receives notice of an Act of God or Force Majeure shall inform the other Party whether or not it accepts the declaration of an Act of God or Force Majeure within no more than thirty (30) Days from receipt of the notice of an Act of God or Force Majeure containing complete information. Except as provided in this Contract, the Parties shall resume performance of their obligations as soon as it the Act of God or Force Majeure ceases. The Exploration Periods and Appraisal Period Periods shall be extended pursuant to this Article 21.3 22.3 only when the relevant Act of God or Force Majeure affects the Exploration and Appraisal activities activities, as the case may be, for more than thirty (30) DaysDays over such periods. The Contractor may request to CNH up to four (4) extension periods of the term of this Contract for three (3) Months each. The Contractor shall submit the correspondent corresponding extension request on or before no later than the last Business Day of the following Quarter upon termination of after one (1) Year from the notification date of an Act of God or Force Majeure as referred to in Article 21.3 22.3 or during the three (3) successive Quarters, only in cases when an Act of God or Force Majeure has not ceased. CNH will resolve on the extension request in a period not exceeding (15) Business Days upon receipt of the request under the terms of this Contract. In case the event CNH does not issue a decision during the provided period, it will be deemed as positive.to have made in favorable decision. Contract No. CNH-R01-L01-A2/2015