Common use of Conditions for Relinquishment Clause in Contracts

Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Concession Area, as well as the consequent reversal of properties, shall be final and made by the Concessionaire with no liens whatsoever for the Federal Government or ANP, under art. 28, paragraphs 1 and 2, of Law No. 9,478/1997, and the Concessionaire shall not be entitled to reimbursement.

Appears in 6 contracts

Samples: Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas

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Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Concession Area, as well as the consequent reversal of properties, shall be final and made by the Concessionaire with no liens whatsoever for the Federal Government or ANP, under art. article 28, paragraphs 1 and 2, of Law No. 9,478/19979,478/97, and the Concessionaire shall not be entitled to reimbursement.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Concession Area, as well as the consequent reversal of properties, shall be final and made by the Concessionaire with no liens whatsoever for the Federal Government or ANP, under art. article 28, paragraphs 1 and 2, of Law No. 9,478/19979,478/97, and the Concessionaire shall not be entitled to reimbursement. The relinquishment of areas or Fields forming part of the Concession Area does not exempt the Concessionaire from the responsibility provided for in paragraph 17.6.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Concession Area, as well as the consequent reversal of properties, shall be final and made by the Concessionaire with no liens whatsoever for the Federal Government or ANP, under art. article 28, paragraphs 1 and 2, of Law No. 9,478/19979,478/97, and the Concessionaire shall not be entitled to reimbursement.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Concession Area, as well as the consequent reversal return of properties, shall be final and made by the Concessionaire with no liens whatsoever for the Federal Government or ANP, under art. article 28, paragraphs 1 and 2, of Law No. 9,478/1997, and the Concessionaire shall not be entitled to reimbursement. The relinquishment of areas or Fields forming part of the Concession Area does not exempt the Concessionaire from the responsibility provided for in paragraph 21.8.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

Conditions for Relinquishment. Any and all relinquishment of areas or Fields forming part of the Concession Area, as well as the consequent reversal return of properties, shall be final and made by the Concessionaire with no liens whatsoever for the Federal Government or ANP, under art. article 28, paragraphs 1 and 2, of Law No. 9,478/1997, and the Concessionaire shall not be entitled to reimbursement.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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