Effectiveness and Amendment. 37.1 This Contract shall come into effect on Effective Date. 37.2 Without prejudice to the Government's prerogative of Sovereign powers to act in the public interest, this Contract shall not be amended or modified except by mutual agreement in writing of the Government, Petrobangla and Contractor. 37.3 All Annexes to this Contract shall be regarded as integral part of this Contract. If there is any inconsistency between the provisions of the Annexes and the Articles, the Articles shall prevail. 37.4 The companies comprising Contractor signing this Contract agree to be jointly and severally liable to the Government and Petrobangla for Contractor's obligations. As between companies comprising Contractor their rights and obligations may be varied by agreement between them with the approval from Petrobangla.
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Sources: Production Sharing Contract, Production Sharing Contract
Effectiveness and Amendment. 37.1 38.1 This Contract shall come into effect on Effective Date.
37.2 38.2 Without prejudice to the Government's prerogative of Sovereign powers to act in the public interest, this Contract shall not be amended or modified except by mutual agreement in writing of the Government, Petrobangla and Contractor.
37.3 38.3 All Annexes to this Contract shall be regarded as integral part of this Contract. If there is any inconsistency between the provisions of the Annexes and the Articles, the Articles shall prevail.
37.4 38.4 The companies comprising Contractor signing this Contract agree to be jointly and severally liable to the Government and Petrobangla for Contractor's obligations. As between companies comprising Contractor their rights and obligations may be varied by agreement between them with the approval from Petrobangla.
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