Additional Exploration Period. Subject to this Article 4.3, by written notice to CNH at least sixty (60) Days prior to the termination of the Initial Exploration Period, the Contractor may request an extension of the Exploration Period for two (2) additional Contract Years following the termination of the Initial Exploration Period. The Contractor may request such extension only if it: (i) has fully complied with the Minimum Work Program during the Initial Exploration Period; (ii) agrees to comply with the Increase in the Minimum Program not performed during the Initial Exploration Period, and (iii) agrees in addition to perform at least the Work Units equivalents to one (1) Well during the Additional Exploration Period. CNH will approve such extension, if the three (3) foregoing conditions are satisfied; it receives the Additional Period Guarantee within ten (10) Business Days after CNH approves the extension and if the Contractor has complied with all of its other obligations under this Contract. In the event that during the Initial Exploration Period, the Contractor carried out additional Work Units to those provided in the Minimum Work Program, the Contractor may request the recognition of such additional Work Units as part of the Additional Exploration Period commitment. Such request must be included in the request for the extension of the Exploration Period as provided in this Article 4.3.
Additional Exploration Period. (a) Əgər Podratçı 4.2(a) (i)–(iii) bəndlərində nəzərdə tutulmuş və Kəşfiyyat dövründə yerinə yetirilməli xxxx kəşfiyyat işlərini tam və vaxtında yerinə yetirərsə, yaxud BP 4.2(d) bəndinə əsasən ikinci kəşfiyyat quyusunu qazmamaq qərarına gələrsə, Podratçı Kəşfiyyat dövrünün son doxsan
Additional Exploration Period. Subject to complete and timely fulfilment by Contractor of the exploration work as set out in Article 4.2(a) to be performed during the Exploration Period, Contractor may within ninety (90) days before the end of the Exploration Period, notify SOCAR in writing of its desire to carry out additional exploration work and provide a list of types and scope of work and justification of such additional exploration work. Such notice shall request SOCAR's written approval to the performance by Contractor of additional exploration work during the Additional Exploration Period and SOCAR shall declare in writing its approval or disapproval (such approval not to be unreasonably withheld) within ninety (90) days of receipt of such written request from Contractor and the Exploration Period shall automatically be extended until such approval has been given by SOCAR. Contractor shall have the right to proceed to the Additional Exploration Period which shall be twelve (12) months from the end of the Exploration Period or receipt of SOCAR's approval whichever is later. During the Additional Exploration Period Contractor shall drill at least one (1) exploration well. Contractor’s failure to perform the additional exploration work (or any portion thereof) to be performed during the Additional Exploration Period other than as a result of Force Majeure shall constitute a Material Breach by Contractor of its obligations under this Agreement. In this case SOCAR shall have the right at its sole discretion to terminate this Agreement, and costs incurred by Contractor from the Effective Date during the Exploration Period, and the Additional Exploration Period including but not limited to bonus payments (including credit for any earlier bonus payments or any other payments made by Contractor) and acreage fees, shall not be Cost Recoverable.
Additional Exploration Period. 6g□r Podratçı X□şfiyyat işl□ri proqramını tam v□ vaxtında yerin□ yetirirs□, Podratçı X□şfiyyat dövrünün sonuna doxsan (90) gün qalmış AZ6RQIZIL-a □lav□ k□şfiyyat işl□ri aparmaq niyy□tind□ olduǧunu yazılı ş□kild□ bildirir v□ bu □lav□ k□şfiyyat işl□rinin növl□rinin v□ h□cml□rinin siyahısını t□qdim ed□r□k onların vacibliyini □saslandırır. AZ6RQIZIL Podratçının yazılı sorǧusunu aldıqdan sonra doxsan (90) gün □rzind□ razı olub-olmadıǧını yazılı ş□kild□ bildirir (Bel□ razılıq verm□kd□n □sassız imtina edilm□m□lidir). Podratçı on iki (12) xxxxx xxx olmayan 6lav□ k□şfiyyat dövrün□ başladıqda 6lav□ k□şfiyyat □m□liyyatları yerin□ yetirm□ldir. Subject to the complete and timely fulfillment by Contractor of the Exploration Work Program, Contractor may within ninety (90) days before the end of the Exploration Period, notify AZERGYZIL in writing of its desire to carry out additional exploration work and provide a list of types and scope of work and justification of such additional exploration work to the extent that AZERGYZIL shall declare in writing its approval or disapproval (such approval not to be unreasonably withheld) within ninety (90) days of receipt of such written request from Contractor. If Contractor proceeds to the Additional Exploration Period which shall not exceed twelve (12) months then Contractor shall carry out additional Exploration Operations.
