Common use of Completion of Minimum Work Obligations - Staatsolie Verification Clause in Contracts

Completion of Minimum Work Obligations - Staatsolie Verification. 5.11.1 If Staatsolie does not dispute in writing, within thirty (30) Days of Contractor’s notice pursuant to Sub-article 5.10, that Contractor has fulfilled its Minimum Work Obligations with respect to such phase, Contractor shall be deemed to have completed its Minimum Work Obligations with respect to the relevant phase. 5.11.2 If Staatsolie does dispute in writing that Contractor has fulfilled its Minimum Work Obligations, such objections shall set forth the full details of Staatsolie’s objections. Parties shall discuss disputes, which may arise as to whether or not the Minimum Work Obligations have been satisfied, in an effort to reach an amicable solution. Either of the Parties may refer the matter to dispute resolution, pursuant to Article 41, should they remain unable to agree.

Completion of Minimum Work Obligations - Staatsolie Verification. 5.11.1 5.9.1 If Staatsolie does not dispute in writing, within thirty (30) Days of receipt of Contractor’s notice pursuant to Sub-article 5.10Article 5.8, that Contractor has fulfilled its Minimum Work Obligations with respect to such phase, Contractor shall be deemed to have completed its Minimum Work Obligations with respect to the relevant phase. 5.11.2 5.9.2 If Staatsolie does dispute in writing that Contractor has fulfilled its Minimum Work Obligations, such objections shall set forth the full details of Staatsolie’s objections. Parties shall discuss disputes, which may arise as to whether or not the Minimum Work Obligations have been satisfied, disputes in an effort to reach an amicable solution. Either of the Parties may refer the matter to dispute resolution, pursuant to Article 4142, should they remain unable to agree.