CEPSA definition

CEPSA or the “Farmee”) developing the relationship between them concerning the Block and the Petroleum Operations from the Consent Date (as defined in the Farmout Agreement between the Parties, as defined below) shall include, and be based upon, the following main principles:
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CEPSA means the Capacity and Energy Purchase and Sale Agreement;
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CEPSA or the “Farmee”) developing the relationship between them concerning the Block and the Petroleum Operations from the Consent Date (as defined in the Farmout Agreement between the Parties, as defined below) shall include, and be based upon, the following main principles: i) ii) - 55 - The overriding principle on which the Agreement will be based shall be need for each of CEPSA and ERHC (the “Parties”) to work together to ensure the smooth transition of CEPSA’s Participating Interest in the project and the Operatorship to CEPSA, with ERHC providing all reasonable assistance and advice to CEPSA in Kenya that CEPSA may reasonably require to ensure that: (a) the Contract’s Work Programme obligations can be complied with; (b) any planned work and Operations are not delayed or interrupted; and (c) CEPSA is able to comply with its Operator obligations The services to be provided during the Transitional Period by the Farmor to the Farmee (the “Services”). These Services shall include the following: (a) assistance on the acquisition and interpretation of 1,000 km2 or more of gravity and magnetic data (pursuant to the FTG Contract to be signed with Bell Geospace) if such activity is not completed by the Closing Date; and (b) assistance on the acquisition of 1,000 km/line of 2D seismic data either during the period from January to March 2014 or during the first 2014 weather window; (c) the undertaking and acquisition of any EIA licenses and reports required under Kenyan legislation to enable the project to proceed, pursuant to the EIA Contract to be signed with Africa Renaissance Solutions Ltd, as well as assistance on the acquisition of any further EIA reports that may be required pursuant to the applicable Laws/Regulations of Kenya; and (d) general assistance concerning the development of CEPSA’s physical presence in Kenya from the Consent Date, including all reasonable assistance and advice on the employment and contracting of personnel, procurement processes, contact and correspondence with Kenyan authorities, contracting of services etc.
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Examples of CEPSA in a sentence

  • All insurance policies referred to in this clause shall include a mention exempting CEPSA from any liability and ex- cluding CEPSA from any action for recovery that might be taken by the insurer.

  • It has full flexibility, vis-à-vis BC Hydro, to decide the locations, parties and prices for its transactions.11 10 Powerex also purchases electricity from FortisBC under the Capacity and Energy Purchase and Sale Agreement (CEPSA) and, from time to time, purchases wholesale electricity that is not contracted to BC Hydro, from Independent Power Producers in British Columbia.

  • CEPSA reserves the right to take the perti- nent legal action to defend its interests in relation with any breach of confidentiality.

  • For these purposes, the CEPSA Group companies shall be those included in the group in accordance with article 4 of the Spanish Securities Market Act (Law 24/1988 of 28 July).

  • CEPSA reserves the right to accept or reject quotations, in the latter case without compensation for the prospective supplier.

  • Accordingly, the Supplier undertakes not to disclose such information or to furnish copies or reproductions thereof to third parties without the prior written consent of CEPSA in each case, except where the information may be public knowledge or the Supplier may be legally required to make disclosures.

  • This in- surance policy shall include CEPSA as an additional insured party, but without affecting its third-party status.

  • The Supplier further undertakes to respect any initiatives to which CEPSA may be party, adopting the commitments enshrined in the Universal Declaration of Human Rights, the Basic Conventions of the International Labour Organisation and the Principles of the United Nations Global Compact in relation to the activities of its own and subcontracted personnel.

  • Before commencing the provision of the Services, the Provider shall furnish CEPSA with insurance certificates for the policies arranged.

  • The Supplier warrants that the Materials are free from any liens and encumbrances in favour of third parties not de- clared to or known by CEPSA.


More Definitions of CEPSA

CEPSA. , means Concesionaria Ecatepec Pirámides, S.A. de C.V.
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