Contract of Work definition
Examples of Contract of Work in a sentence
PTFI shall also conduct Joint Operations (as defined in the Participation Agreement) in a manner which does not prevent or adversely affect, and at all times shall retain rights under the Contract of Work and tangible assets sufficient for, Block A Base Production pledged to the Lenders.
FCX and its Subsidiaries are in compliance in all material respects with all laws, regulations and orders of any Governmental Authority applicable to them or their properties and all indentures, agreements (including, in the case of PTFI, the Contract of Work) and other instruments binding upon them or their properties, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.
By a Contract of Work dated December 30, 1991 made between The Government of the Republic of Indonesia (the “Government”) and PT-FI, the Government appointed PT-FI as the sole contractor for the Government with respect to the Contract Area, as defined in the Contract of Work, with the sole rights to explore, mine, process, store, transport, market, sell, and dispose of Products, as defined below, in the Contract Area (defined as aforesaid).
Until it is replaced as Operator in accordance with the Operator Replacement Agreement, FI shall remain responsible to the Government of the Republic of Indonesia for the conduct of all operations under the Contract of Work and for all communications with the Government of the Republic of Indonesia under the Contract of Work on behalf of itself and PT-RTZ.
FCX and its Subsidiaries are in compliance in all material respects with all laws, regulations and orders of any Governmental Authority applicable to them or their properties and all indentures, agreements (including, so long as PTFI is a Subsidiary, the Contract of Work) and other instruments binding upon them or their properties, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.
Each Borrower and its Subsidiaries is in compliance in all material respects with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements (including without limitation, in the case of PTFI, the Contract of Work) and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
PT-RTZ hereby accepts the assignment of the PT-RTZ COW Interest and covenants and agrees that it shall, at any such time as PT-RTZ shall become Operator pursuant to the terms of the Participation Agreement, be bound by, observe and perform all of the provisions of the Contract of Work to be observed and performed by the Operator under the Participation Agreement.
By a letter of intent dated March 7, 1995 from FCX to RTZ and signed by RTZ as of March 7, 1995 (the "Letter of Intent"), FCX and RTZ confirmed their mutual intention with respect to, among other things, the establishment of joint ventures and certain financing arrangements in connection therewith, to explore and develop within the Contract Area covered by the Contract of Work.
In accordance with its Contract of Work, PT Freeport Indonesia is working with the Department of Energy and Mineral Resources to review these requirements, including discussion of other options for the mine closure guarantee.
PT Freeport Indonesia: Restated Trust Agreement Contract of Work, Concentrate Sales Agreements and related assets Freeport-▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Inc.