Rights and Duties of Operator Sample Clauses

Rights and Duties of Operator. (A) Subject to the terms and conditions of this Agreement, Operator shall have all of the rights, functions and duties of Operator under the Contract and shall have exclusive charge of and shall conduct all Joint Operations. Operator may employ independent contractors and agents (which independent contractors and agents may include an Affiliate of Operator, a Non-Operator, or an Affiliate of a Non-Operator) in such Joint Operations.
Sample 1Sample 2Sample 3See All (35)
AutoNDA by SimpleDocs
Rights and Duties of Operator. (a) Paltar shall have all of the rights, functions and duties of Operator under this Agreement and will have exclusive charge of and shall conduct all Operations on the Nation Blocks under the overall direction of the Operating Committee. Paltar may employ independent contractors and agents, including Related Bodies Corporate of Paltar, in such Operations.
Sample 1Sample 2Sample 3See All (8)
Rights and Duties of Operator. (a) Subject to the terms and conditions of the JVOA and this Agreement, Paltar shall have all of the rights, functions and duties of Operator under this Agreement and will have exclusive charge of and shall conduct all Operations on the Nation Blocks under the overall direction of the Operating Committee. Paltar may employ independent contractors and agents, including Related Bodies Corporate of Paltar, in such Operations.
Sample 1Sample 2
Rights and Duties of Operator. (a) Officer shall have all of the rights, functions and duties of Operator under this Agreement and will have exclusive charge of and shall conduct all Operations on the Nation Blocks under the overall direction of the Operating Committee. Officer may employ independent contractors and agents, including Related Bodies Corporate of Officer, in such Operations.
Sample 1
Rights and Duties of Operator. Subject to the terms and conditions of this Agreement and unless otherwise specified, Operator shall act on behalf of the Concessionaires to this Agreement, have all of the rights, functions and duties of Operator under the EPCC and shall have exclusive charge of all Joint Petroleum Operations and shall conduct and administer all activities under the EPCC and this Agreement. Operator may, subject to requirements of applicable law and the EPCC, and within the terms of this Agreement, employ any persons (including Affiliated Companies) in such relevant Joint Petroleum Operations. In the conduct of Joint Petroleum Operations Operator shall: Perform Joint Petroleum Operations in accordance with applicable law, the EPCC, this Agreement, and the decisions of the Operating Committee not in conflict with this Agreement; Conduct and administer all Joint Petroleum Operations in a diligent, safe and efficient manner in accordance with applicable law and such Good Petroleum Industry Practices and field conservation principles as are generally followed by the international petroleum industry under similar circumstances; Exercise due care with respect to the receipt, payment and accounting of funds in accordance with applicable law, the Accounting Procedure annexed to this Agreement and Good Petroleum Industry Practices and prudent practices as are generally followed by the international petroleum industry under similar circumstances; Subject to provisions of this Agreement and the Accounting Procedure, neither gain a profit nor suffer a loss as a result of being the Operator in its conduct of Joint Petroleum Operations; Perform the duties for the Operating Committee set out in Article 6 and prepare and submit to the Operating Committee proposed work programmes and budgets, and (if required) AFEs as provided in Article 7; Acquire all permits, consents, approvals, and surface or other rights that may be required for or in connection with the conduct of Joint Petroleum Operations; Upon receipt of reasonable advance notice, and having regard to operational and HSE requirements, permit the representatives of any of the Concessionaires to have, during normal business hours and at their own risk and expense, access to the Facilities relating to Joint Petroleum Operations with the right to observe all Joint Petroleum Operations and to inspect all Joint Property and to conduct financial audits as provided in the Accounting Procedure, HSE audit, compliance audit and any other au...
Sample 1
Rights and Duties of Operator. 3.2 The Parties acknowledge that the Operator has all of the rights, functions and duties assigned to the Operator under the Petroleum Contract and the Parties agree that the Operator will have exclusive charge of and shall conduct all Petroleum Operations required to be carried out pursuant to the Contractor's Obligations. In carrying out the Contractor's Obligations on behalf of the Parties, the Operator will:
Sample 1
Rights and Duties of Operator. 1. Competitive Rates and Use of Affiliates: If it so desires, Operator may employ its own tools and equipment, but its charges there for shall not exceed the prevailing rates in the area and the rate of such charges shall be agreed upon by the parties in writing before drilling operations are commenced, and such work shall be performed by Operator under the same terms and conditions as are customary and usual in the area in contracts of independent contractors who are doing work of a similar nature. All work performed or materials supplied by affiliates or related parties of Operator shall be performed or supplied at competitive rates, pursuant to written agreement, and in accordance with customs and standards prevailing in the industry.
Sample 1
AutoNDA by SimpleDocs
Rights and Duties of Operator 
Sample 1Sample 2Sample 3See All (24)

Related to Rights and Duties of Operator

  • Rights and Duties of Members Subject to the provisions of Article 3, members will have all of the rights and powers of members as provided under the Act and as otherwise provided by law.

  • Rights and Duties The Shareholders shall have the following rights, powers, privileges, duties and liabilities:

  • Rights and Duties of Rights Agent The Rights Agent undertakes to perform only the duties and obligations expressly set forth in this Agreement and no implied duties or obligations shall be read into this Agreement against the Rights Agent. The Rights Agent shall perform its duties and obligations hereunder upon the following terms and conditions, by all of which the Company and the holders of Right Certificates, by their acceptance thereof, shall be bound:

  • Rights and Duties of Successor Entity In case of any such consolidation, merger, sale, assignment, transfer, lease or conveyance and upon any such assumption by a successor entity in accordance with Section 9.1, such successor entity shall succeed to and be substituted for the Company with the same effect as if it had been named herein as the Company. Such successor entity thereupon may cause to be signed, and may issue either in its own name or in the name of NextEra Energy, Inc. any or all of the Certificates evidencing Units issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Purchase Contract Agent; and, upon the order of such successor entity, instead of the Company, and subject to all the terms, conditions and limitations in this Agreement prescribed, the Purchase Contract Agent shall authenticate and execute on behalf of the Holders and deliver any Certificates which previously shall have been signed and delivered by the officers of the Company to the Purchase Contract Agent for authentication and execution, and any Certificate evidencing Units which such successor entity thereafter shall cause to be signed and delivered to the Purchase Contract Agent for that purpose. All the Certificates so issued shall in all respects have the same legal rank and benefit under this Agreement as the Certificates theretofore or thereafter issued in accordance with the terms of this Agreement as though all of such Certificates had been issued at the date of the execution hereof. In case of any such consolidation, merger, sale, assignment, transfer, lease or conveyance such change in phraseology and form (but not in substance) may be made in the Certificates evidencing Units thereafter to be issued as may be appropriate.

  • Responsibilities and Duties (a) As President and Chief Executive Officer, the Executive shall serve under the board of directors of the Corporation and will perform all duties and will have all powers associated with these positions, as set forth in any job description provided to the Executive by the Corporation or as may be set forth in the bylaws of the Corporation. In addition, the Executive shall be responsible for establishing the business objectives, policies and strategic plans of the Corporation. The Executive shall report directly to the board of directors of the Corporation.

Time is Money Join Law Insider Premium to draft better contracts faster.