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Common use of Evaluation Program Clause in Contracts

Evaluation Program. It is the program that will be developed in order to determine if the Field is commercially exploitable or not as foreseen in Article 14.

Appears in 3 contracts

Sources: Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons

Related Clauses

  • Program Evaluation
  • Evaluation Cycle
  • Evaluation Criteria
  • Evaluation Process
  • Orientation Program

Parent Clauses

  • DUTIES OF LICENSOR
  • DUTIES OF SONIC
  • Definitions
  • General Provisions
  • Miscellaneous Provisions

Sub-Clauses

  • COST OF THE PROGRAM
  • PREPARATION AND CONDUCT OF EVALUATION PLAN
  • ACQUISITION OF DEVICE
  • EXCHANGE OF INFORMATION; REPORTS DURING THE EVALUATION PERIOD
  • DEVELOPMENT AND COMMERCIALIZATION DETERMINATION
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