GBOC definition

GBOC means the Newell Operating Company Global Benefits Oversight Committee or its delegate, as provided for under Article XII.
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GBOC has the meaning specified in the Recitals.
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Examples of GBOC in a sentence

  • Responsibility for all activities (including Petroleum activities) affecting the Contract Area prior to the date of the GBOC Licence and the direct and indirect consequences of such activities shall remain with the State and the Contractor shall have no responsibility therefor.

  • None of Seller or Seller’s Affiliates or, to Seller’s Knowledge after making specific inquiry of GBOC, GBOC is in violation of or in default under any Law applicable to Seller, GBOC any such Seller Affiliate, the Gila River Power Station or the Pipeline, the effect of which, individually or in the aggregate, would restrain, enjoin or otherwise prohibit or make illegal any of the Transactions or prohibit or inhibit use of the Transferred Assets.

  • The benefits, rights and obligations under the GBOC Licence as amended by this Contract shall extend to Georgian Oil and each Contractor Party.

  • Seller or, to Seller’s Knowledge after making specific inquiry of GBOC, GBOC has, with respect to the Gila River Power Station and the Pipeline, maintained all material records required to be maintained under Laws applicable to it and filed timely all material forms, reports, statements, and other documents required to be filed with all Governmental Authorities.

  • Neither Seller nor, to Seller’s Knowledge after specific inquiry of GBOC, GBOC is infringing the Intellectual Property of any third party in connection with the operation of Power Block 3, the Pipeline or the Common Facilities.

  • Without prejudice to the rights of Georgian Oil and the Contractor to carry out Petroleum Operations in accordance with this Contract GBOC's rights and interests under the GBOC Licence shall be held by it for the benefit of Georgian Oil and the Contractor.

  • GBOC currently pays $US 5,000 per month to deliver water to the drilling rigs.

  • Where there is any inconsistency between the terms of the GBOC Licence or this Contract, then the provisions of this Contract shall apply.

  • Neither Seller nor GBOC has given or received any written notice that any Person intends to cancel or terminate any Assigned Contract.

  • Seller and GBOC have paid or performed all material obligations which are currently due under any Assigned Contract and neither Seller nor GBOC is, or with notice or lapse of time or both, would be, in violation or breach of or in default under any material provision of any Assigned Contract.