, and that permit or licence is in force immediately prior to the entry into force of this Agreement, the Government of the Republic of Indonesia or its authorized agent shall, upon application by the registered holder of the permit or licence, or where there is more than one registered holder, by the registered holder acting jointly, be willing to offer and to negotiate a production sharing contract under Indonesian Law to explore for and to produce oil and natural gas in respect of the same part of seabed on terms that are not less favourable than those provided under Indonesian law in existing production sharing contracts in other parts of the seabed under Indonesian jurisdiction.