By B. Singh, P. Pal Roy, R. B. Singh, A. Bagchi, M. M. Singh
Discussing blasting in floor excavations and mines, this article covers simple rules, traditional strategies, major variables, optimal layout facets, alterations of a few actual suggestions within the context of mine and floor excavations.
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The consent requirements are tuned to the needs of the partners of the Draft Agreement including the Operating Company. Article 19 of Annex IIf reads: "Revision of Contract 1. When circumstances have arisen, or are likely to arise which, in the opinion of either party, would render the contract inequitable or make it impracticable or impossible to achieve the objectives set out in the contract or in Part XI, the parties shall enter into negotiations to adjust it to new circurnstances. 2. » The revision clause should be read in conjunction with the contract revision clause in this Agreement: Part Article 22, pllra.
2) The initial capital shall be paid in cash or as attributable deliveries at market prices. Commentary, Part C, Article 4. Our assumptions about the capital required are taken from the Aachen/Battelle studyand serve illustrative purposes only. To avoid the delicate negotiation problem of the valuation of the prospected area and the contributions through rendering R & D and other development costs of the sea-bed mining technology, we have inserted a clause which excludes these items from the initial capital valuation.
Designated Area The term "Designated Area" shall mean that area of the seabed covered by the plan of work approved by the Authority and described in a Schedule to this Agreement. 41 7. Enterprise The term "Enterprise" shall mean the organ of the Authority which is established to carry out activities in accordance with the Convention. 8. Exploration Period The term "Exploration Period" shall mean the period referred to in Part A, Article 3 of this Agreement. 9. Force Majeure The term "Force Majeure" shall be used as defined in Part S, Article 5 para.