Common use of Project Operator Clause in Contracts

Project Operator. The Parties mutually acknowledge and intend that the Project will be directly carried out by the Project Operator, and therefore, subject to Section 2.2 regarding certain several obligations of the Recipients, agree as follows: (a) as between the Province and the Recipients, all obligations of the Recipients under this Agreement will be carried out by the Project Operator as agent for and on behalf of the Recipients, and the Province will look only to the Project Operator to carry out those obligations of the Recipients; (b) the Province shall have no obligation to look beyond the Project Operator or to have regard to contractual arrangements among the AOSP Joint Venture or to communicate with the Recipients other than through the Project Operator as contemplated by Sections 7.5 and 7.6, except as specified in Section 7.5; and (c) all payments of the Funding shall be made solely to the Project Operator on behalf of the Recipients. Shell Canada Energy represents and warrants to the Province that its execution of this Agreement has been duly authorized both in its own behalf and on behalf of and as agent for Chevron and Marathon.

Appears in 1 contract

Sources: Funding Agreement

Project Operator. The Parties mutually acknowledge and intend that the Project will be directly carried out by the Project Operator, and therefore, subject to Section 2.2 regarding certain several obligations of the Recipients, agree as follows: (a) as between the Province and the Recipients, all obligations of the Recipients under this Agreement will be carried out by the Project Operator as agent for and on behalf of the Recipients, and the Province will look only to the Project Operator to carry out those obligations of the Recipients; (b) the Province shall have no obligation to look beyond the Project Operator or to have regard to contractual arrangements among the AOSP Joint Venture or to communicate with the Recipients other than through the Project Operator as contemplated by Sections 7.5 and 7.6, except as specified in Section 7.5; and (c) all payments of the Funding shall be made solely to the Project Operator on behalf of the Recipients. Shell Canada Energy represents and warrants to the Province that its execution of this Agreement has been duly authorized both in its own behalf and on behalf of and as agent for Chevron and Marathonthe Recipients.

Appears in 1 contract

Sources: Funding Agreement