Powers and Duties of Operating Committee. The Operating Committee shall have power and duty to authorize and supervise Joint Operations that are necessary or desirable to fulfill the Contract and properly explore and exploit the Contract Area in accordance with this Agreement and in a manner appropriate in the circumstances.
Powers and Duties of Operating Committee. The Operating Committee shall have the power and duty to authorize and supervise Joint Operations that are necessary or desirable to fulfill the Licence and properly explore and exploit the Contract Area under this Agreement, the Licence, the Laws, and generally accepted practices of the international petroleum industry under similar circumstances; provided that Operating Committee may not compel any Party to exercise, make, or take, or prevent any Party from exercising, making, or taking, any right, decision, or action concerning any matter or proposal under this Agreement, which right, decision or action is reserved or delegated to a Party or the Parties.
Powers and Duties of Operating Committee. (a) The Operating Committee shall have the power and duty to authorize and supervise Joint Operations that are necessary or desirable to fulfil the obligations arising under the Permits, the Laws and this Agreement, to properly explore and exploit the Permit Area in accordance with this Agreement (including any decision to form a New Area JOA under clause 12) and the Laws and in a manner appropriate in the circumstances. Amending Deed – Joint Operating Agreement (Beetaloo JV) 43 (b) The Operating Committee will have no power to amend or otherwise vary the terms of this Agreement.
Powers and Duties of Operating Committee. Unless otherwise provided, the Operating Committee shall have power and duty to authorize and supervise Joint Petroleum Operations under the EPCC that are necessary to fulfil the EPCC rights and obligations, in accordance with this Agreementand in a manner appropriate in the circumstances.
Powers and Duties of Operating Committee. The Operating Committee shall have power and duty to authorize and supervise Joint Operations that are necessary or desirable to fulfill the PSC and properly explore and exploit the Contract Area in accordance with this Agreement and Laws / Regulations and generally accepted practices of the international petroleum industry under similar circumstances; provided that Operating Committee may not compel any Party to exercise, make, or take, or prevent any Party from exercising, making, or taking, any right, decision, or action concerning any matter or proposal under this Agreement, which right, decision or action is reserved or delegated to a Party or the Parties. The Operating Committee shall meet at least three (3) times per year at regularly spaced intervals, if a regular meeting is not so scheduled, within thirty (30) Days prior to each Management Committee meeting or as otherwise agreed by the Parties.
Powers and Duties of Operating Committee. The Operating Committee shall have the power and duty to authorize and supervise Joint Operations that are necessary or desirable to fulfill the Contract and properly explore and exploit the Contract Area under this Agreement and the Contract, and in accordance with the Laws and generally accepted practices of the international petroleum industry under similar circumstances; provided that Operating Committee may not compel any Party to exercise, make, or take, or prevent any Party from exercising, making, or taking, any right, decision, or action concerning any matter or proposal under this Agreement, which right, decision or action is reserved or delegated to a Party or the Parties. Without limiting the generality of the foregoing, and except as otherwise provided in this Agreement or required under the Laws, the powers and duties of the Operating Committee shall include:
Powers and Duties of Operating Committee. 4.3 The Operating Committee shall have power and duty to:
