Definition of TEA Agreement


TEA Agreement means the FIS TEA Agreement or the IDIT TEA Agreement, as applicable.
Sample 1


TEA Agreement means the Regional Studies Agreement dated February 28, 2008 between Petron Resources, LP and PeruPetro S.A. covering Areas I, II, III, and IV.
Sample 1

Examples of TEA Agreement in a sentence

Agreement shall terminate at the earlier to occur of (i) the date upon which the Parties agree in writing to terminate this Agreement or (ii) the date upon which the Block XXIV License Contract, the TEA Agreement and all Licenses and License Contracts issued pursuant to the TEA Agreement have been terminated, provided however the terms of Clause 3.1 shall survive termination of this Agreement.
TEA Agreement and all rights and interest thereunder or deriving therefrom of Operator are in full force and effect and no default or act or omission of Operator, or, as far as Operator is aware, of any other person, has occurred thereunder nor is there any notice or intimation to Operator in respect thereof whether as a result of its default, act or omission or those of any other person or otherwise.
Operator has provided Gulf with a complete and correct copy of the TEA Agreement.
Gulf agrees that it will not sell, assign, pledge, or encumber such Participating Interests, TEA Participating Interest, its rights under this Novation, the Block XXIV License Contract, or the TEA Agreement without the express written permission of Operator, which permission shall not be unreasonably withheld.
Gulf hereby ratifies, confirms and accepts the terms of the Block XXIV License Contract and TEA Agreement, and Gulf agrees to abide by and comply with the terms of the Block XXIV License Contract and TEA Agreement to the extent of its Participating Interest.