Common use of Commercialization of Production of the State Clause in Contracts

Commercialization of Production of the State. The Contractor shall deliver to the Marketer at the Measurement Points the portion of the Net Hydrocarbons constituting a share of the State Consideration. CNH may change such Marketer at any time by written notice to the Contractor.

Appears in 7 contracts

Samples: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)

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Commercialization of Production of the State. The Contractor shall deliver to the Marketer at the Measurement Points the portion of the Net Hydrocarbons constituting a share of owned due to the State Consideration. CNH may change such Marketer at any time by written notice to the Contractor.

Appears in 2 contracts

Samples: Contract for the Extraction of Hydrocarbons Under Production Sharing Modality, Contract for the Extraction of Hydrocarbons Under Production Sharing Modality

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