Common use of GRANT OF RIGHTS AND TERM Clause in Contracts

GRANT OF RIGHTS AND TERM. The GOVERNMENT hereby grants EGPC and CONTRACTOR subject to the terms, covenants and conditions set out in this Agreement, which insofar as they are contrary to or inconsistent with any provisions of Law No. 66 of 1953, as amended, shall have the force of Law, an exclusive concession in and to the Area described in Annexes "A" and "B".

Appears in 8 contracts

Samples: Concession Agreement (Transglobe Energy Corp), Concession Agreement, Concession Agreement

AutoNDA by SimpleDocs

GRANT OF RIGHTS AND TERM. The GOVERNMENT hereby grants EGPC and CONTRACTOR subject to the terms, covenants and conditions set out in this Agreement, which insofar as they are contrary to to, or inconsistent with any provisions of Law No. 66 No.66 of 1953, as amended, shall have the force of Law, an exclusive concession in and to the Area described in Annexes "A" and "B".

Appears in 2 contracts

Samples: Concession Agreement (Transatlantic Petroleum Corp), Concession Agreement (Transatlantic Petroleum Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.