Common use of Declaration of Commercial Feasibility Clause in Contracts

Declaration of Commercial Feasibility. formal and written notification of the Operating Committee to ANP declaring one or more Deposits as a Commercial Discovery in the Contract Area.

Appears in 9 contracts

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

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Declaration of Commercial Feasibility. formal and written notification of the Operating Committee Consortium Members to ANP declaring one or more Deposits as a Commercial Discovery in the Contract Area.

Appears in 4 contracts

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

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