Common use of Conditions for Relinquishment Clause in Contracts

Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Contract Area, as well as the consequent reversal of properties, shall be final and made by the Contractor with no liens whatsoever for the Contracting Party, the Manager, or ANP, under articles 29, XV, and 32, paragraphs 1 and 2, of Law No. 12,351/2010.

Appears in 22 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

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Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Contract Area, as well as the consequent reversal of properties, shall be final and made by the Contractor Contracted Party with no liens whatsoever for the Contracting Party, the Manager, or ANP, under articles 29, XV, and 32, paragraphs 1 and 2, of Law No. 12,351/2010.

Appears in 6 contracts

Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement

Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Contract Area, as well as the consequent reversal of properties, shall be final and made by the Contractor Contracted Party with no liens whatsoever for the Contracting Party, the Manager, or ANP, under articles arts. 29, XV, and 32, paragraphs 1 and 2, of Law No. 12,351/2010.

Appears in 4 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

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Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Contract Area, as well as the consequent reversal of properties, shall be final and made by the Contractor Contracted Party with no liens whatsoever for the Contracting Party, the Manager, or ANP, under articles 29, XV, and 32, paragraphs 1 and 2, of Law No. 12,351/2010. The relinquishment of areas or Fields forming part of the Contract Area does not exempt the Contracted Parties from the responsibility provided for in paragraph 26.11.

Appears in 1 contract

Samples: Production Sharing Agreement

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