Other Natural Resources Sample Clauses

Other Natural Resources. 2.10. The Consortium Members are prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations.
AutoNDA by SimpleDocs
Other Natural Resources. The Concessionaire is prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Concession Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations. Discovery of natural resources other than Oil and Gas by chance shall be notified to ANP within no more than seventy-two (72) hours. The Concessionaire shall follow the instructions and allow implementation of the relevant measures determined by ANP or other competent authorities. Until such instructions are submitted to the Concessionaire, it shall refrain from taking any measures that may pose a risk or somehow damage the natural resources discovered. The Concessionaire shall not be required to suspend its activities, except when they pose a risk to the natural resources discovered or the Operations. Any interruption of the Operations, exclusively due to the discovery of other natural resources by chance, shall have its duration calculated and acknowledged by ANP for purposes of extension of this Agreement.
Other Natural Resources. The Consortium Members are prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations. Discovery of natural resources other than Oil and Gas by chance shall be notified to ANP within no more than seventy-two (72) hours. The Consortium Members shall follow the instructions and allow implementation of the relevant measures determined by ANP or other competent authorities. While such instructions are not submitted to the Consortium Members, they shall refrain from taking any measures that may pose a risk or somehow damage the natural resources discovered. The Consortium Members shall not be required to suspend their activities, except when they pose a risk to the natural resources discovered or the Operations.
Other Natural Resources. 2.8. The Concessionaire is prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Concession Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations.
Other Natural Resources. 2.8 The Concessionaire may not use, enjoy or dispose in any way or for any purpose, total or partially, of any other natural resources that may exist in the Concession Area that are not Oil and Natural Gas, except when duly authorized, in accordance with the applicable law.
Other Natural Resources. 2.5 This Agreement refers exclusively to the Exploration, Development and the Production of Oil and Natural Gas, and it shall not be extended to any other natural resources which may be found in the Concession Area. The Concessionaire must not, therefore, use, usufruct or dispose, in any way and for any purpose, totally or partially, of these resources, except when duly authorized in accordance with the applicable Laws of Brazil, provided that the provisions of the paragraphs 6.1 and
Other Natural Resources. 2.9 The Consortium Members may not use, enjoy or dispose in any way or for any purpose, total or partially, of any other natural resources that may exist in the Contract Area that are not Oil and Natural Gas, except when duly authorized, in accordance with the Applicable Law.
AutoNDA by SimpleDocs
Other Natural Resources. This Contract is not valid for any other natural resources which may exist in the Concession Area. It is forbidden for the Concessionaire to use, enjoy or dispose, in any ways and under any titles, totally or partially, of any other natural resources which may exist in the Concession Area other than Oil and Natural Gas, except when authorized by ANP, in accordance with the Applicable Law. The Discovery of natural resources other than Oil and Natural Gas must be notified to the ANP within 72 (seventy-two) hours. The Concessionaire must comply with the instructions and allow the implementation of relevant measures determined by the ANP or other competent authorities. Until such instructions are not submitted to it, the Concessionaire must abstain from any action that may involve risk or in any ways, hinder the discovered natural resources. The Concessionaire must not be obliged to suspend its activities, except in cases which they put at risk the discovered natural resources or Operations. Any interruptions of Operations, exclusively due to the Discovery of other natural resources, will have its term considered and recognized by the ANP, for the purpose of extension of this Contract.. Third clause - concession area Identification Operations must be performed exclusively in the Concession Area, described and defined in Appendix I. In case the ring fence of the area with marginal accumulations is located part on land, part in shallow water, the concessionaire that intends to carry out maritime operations must submit such claim to the ANP and obtain the required minimum qualification, without prejudice to obtaining the pertinent environmental licenses under penalty of the sanctions provided for in this agreement and applicable law.
Other Natural Resources. The Consortium Members are prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations. Discovery of natural resources other than Oil and Gas by chance shall be notified to ANP within no more than seventy-two (72) hours. The Consortium Members shall follow the instructions and allow implementation of the relevant measures determined by ANP or other competent authorities. While such instructions are not submitted to the Consortium Members, they shall refrain from taking any measures that may pose a risk or somehow damage the natural resources discovered. The Consortium Members shall not be required to suspend their activities, except when they pose a risk to the natural resources discovered or the Operations. SECTION THREE – CONTRACT AREA and shared deposit area Identification The Operations shall be conducted exclusively in the Contract Area, described and delimited in Annex I. The Joint Operations shall be executed in the Shared Deposit Area.
Other Natural Resources. QMM SA shall advise the State of all discoveries of mineral deposits other than those covered by this Agreement and/or for all other natural resources inside the Fort-Dauphin Exploration Perimeter or the Project Perimeter. If the deposit is located within in the Mining Perimeter and if the State subsequently wishes to mine or concede development of such deposit and/or the other above-mentioned natural resources, the State shall offer QMM SA the opportunity to mine such deposits under terms and conditions to be agreed upon. Notwithstanding the foregoing, if the mining of such deposits and/or natural resources could interfere with the Project Activities under this Agreement, such mining shall only be carried out if it is done so in a way which does not interfere with the Project Activities. QMM SA shall not, however, unreasonably refuse to allow such mining in zones which have already been mined for Mineral Sands by QMM SA. In such cases, QMM SA agrees to cooperate with the State in fixing a schedule for releasing the area in which such discovery has been made.
Time is Money Join Law Insider Premium to draft better contracts faster.