SCHEDULE 4MODEL CLAUSES FOR STANDARD PRODUCTION LICENCES
Term of LicenceI13
1
This licence unless sooner determined under any of the provisions hereof shall be and continue for the Initial Term.
2
Upon expiry of the Initial Term this licence shall, provided always that its terms and conditions continue to be performed and observed, be and continue in force as follows—
a
subject to clauses 4 and 8, for the Second Term; and
b
subject to clause 5, for the Production Period.