مجموعة ٣٠/ ١٣٨ "النفط: اتفاقية دبي السياسية واتفاقية مصفاة التكرير." [ظ‎‎٨] (٣٦٩/١٦)

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calendar months and the royalty shall be adjusted accordingly. If the Company
should liud it necessary to alter, repair or replace any measuring appliances it shall
give reasonable notice'to the Shaikh or his representative to enable a representative
of the Shaikh to be present during such alteration, repair or replacement.
The Company shall keep full and correct records of all measurements as
aforesaid and the said representative of the Shaikh shall have access at all reasonable
times to such records and shall be at liberty to make extracts liom them. Such
records shall be treated as confidential by the Shaikh and his representative.
Article 17—(a) The Company shall have the right at any time after the expiry
of three years from the date of signature of this Agreement to give the Shaikh
six months’ notice in writing of its intention to terminate this Agreement, and this
Agreement shall absolutely determine on the date fixed for such termination in such
notice.
(6) If such notice be given not later than 30 years alter the date of such
signature the Company shall be entitled on such determination to remove free of all
taxes and duties all plant buildings stores material and property of every sort
provided that for a period of three months from the receipt of such notice the
Shaikh may purchase—should he so desire—the same at a price equal to the
replacement value at that date less depreciation which price shall be agreed or
failing agreement settled under Article M hereof.
(c) If such notice be given later than 30 years after the date of such signature
all the property aforesaid shall become the property of the Shaikh free of all cost.
Article 18. On the expiry of this Agreement at the end of the period of
75 years provided in Article 2 or any extension or renewal of that period all the
movable and immovable property of the Company in the State shall be handed
over to the Shaikh free of cost. Producing wells or borings at the time of such
expiry shall be handed over in reasonably good order and repair.
Article 19. Subject to the provisions of Article 22 hereof the Shaikh shall have
the right to terminate this Agreement and to take without payment all the property
of the Company in the State if—
(a) the Company shall fail to make any of the payments prescribed in this
Agreement within six months of the date on which they fall due ; or
(b) the Company shall be in default in respect of an arbitration award under
Article 24 hereof.
Article 20. Nothing in this Agreement shall be read as restricting in any way
the right of the Shaikh to grant to other parties concessions or permits for materials
other than the substances as defined in Article 3 provided that the operations and
rights of the Company hereunder are not thereby injuriously affected.
If the Shaikh should at any date subsequent to the date of signature of this
Agreement grant to any other parties concessions or permits as aforesaid the Shaikh
undertakes that such concessions shall contain provisions requiring the holders
thereof to abstain from damaging, impeding or interfering with the property,
operations and interests of the Company.
Deposits of minerals such as gold, silver, copper, lead, potash, sulphur and salt
or the like which may be discovered by the Company shall be reported to the Shaikh
and shall not be worked by the Company except under special concession or permit
from the Shaikh.
Further, the Company shall instruct Geologists to mark carefully and report to
the Company any area and its location which appears to them to give promise of
yielding minerals or fresh water from a bore-hole and the Company undertakes to
keep the Shaikh informed of all such minerals and water reports and the sites of
the area or areas.
Article 21. The Shaikh hereby agrees that the Company may transfer the
obligations and benefits of this Agreement to a British Company to be called
“Petroleum Development (Trucial Coast) Limited” or to any other Company
registered within the British Empire.
Article 22. Failure on the part of the Company to fulfil any of the conditions
of this Agreement shall not give the Shaikh any claim against the Company or be
deemed a breach of this Agreement in so far as such failure arises from force
majeure, and if through force majeure the fulfilment by the Company of any of the
conditions of this Agreement be delayed, the period of such delay shall be added to
the periods fixed by this Agreement.