Common use of Fiscal Stability Clause in Contracts

Fiscal Stability. The obligations of the CONTRACTOR in respect of this Contract shall not be changed by the GOVERNMENT and the general and overall equilibrium between the Parties under this Contract shall not be affected in a substantial and lasting manner.

Appears in 2 contracts

Sources: Production Sharing Contract, Production Sharing Contract

Fiscal Stability. The obligations of the CONTRACTOR in respect of resulting from this Contract shall not be changed aggravated by the GOVERNMENT and the general and overall equilibrium between the Parties under this Contract shall not be affected in a substantial and lasting manner.

Appears in 1 contract

Sources: Production Sharing Contract