Common use of Modifications to the Assessment Program Clause in Contracts

Modifications to the Assessment Program. At any moment during the six (6) Months following the date on which the Assessment Program was submitted to THE A▇▇, THE CONTRACTOR may modify it, for which reason THE CONTRACTOR must inform THE A▇▇ in a timely manner, and adjust the total term of the Program, pursuant to subsection 7.3 sub-item d) in this Clause, without thereby modifying the established initial date.

Appears in 2 contracts

Sources: Hydrocarbon Exploration and Production Contract (GeoPark LTD), Hydrocarbon Exploration and Production Contract (GeoPark Holdings LTD)