Common use of PERTAMINA Clause in Contracts

PERTAMINA. EP agrees to give consent upon the withdrawal of remaining amount of Cash in Advance and closing such account by PARTNER after all of the Firm Commitment has been completed by PARTNER or in the event PARTNER elects to surrender its rights and be relieved of its further obligations in accordance to clause 15.3 of SECTION XV of the Agreement.

Appears in 2 contracts

Sources: Operations Cooperation Agreement (Indonesia Energy Corp LTD), Operations Cooperation Agreement (Indonesia Energy Corp LTD)