Examples of NAPL in a sentence
No work shall be conducted or undertaken nor shall any Earn-in Expenditure be incurred by GFAP or funded by NAPL (either directly or indirectly through its Affiliates, employees, directors, officers or agents) unless such work or Earn-in Expenditure is contemplated by a Programme and Budget and otherwise complies with the provisions of this Agreement.
In the event that such circumstances continue for 180 days or more, GFBV shall have the right to terminate this Agreement and the provisions of Clause 2.4 shall apply; provided that GFBV undertakes not to exercise its right to terminate for a further period not exceeding 90 days in the event that NAPL may reasonably request so, provided further that NAPL may only make one such request.
GFBV hereby grants to NAPL the sole and exclusive right and option to acquire the Purchased Interests upon and subject to the terms of this Agreement.
Unless otherwise approved by GFBV and NAPL, all work relating to the APP Project under Programmes and Budgets prepared and submitted pursuant to Clause 8.2 shall be implemented by GFAP under the management authority granted to the Managing Director pursuant to the MD Agreement.
The Interests shall be delivered by NAPL to GFBV, GFF to NAPL or by GFF to any subscriber, as applicable, free and clear of any Encumbrances.