Common use of DISPOSAL OF NATURAL GAS Clause in Contracts

DISPOSAL OF NATURAL GAS. 22.1 Each Party has the right and obligation to take in kind and dispose of a share of produced Natural Gas which shall be equivalent to its Participating interest. The property right, and the liability and risk pertaining to the Natural Gas are transferred to the individual Party upon lifting at a delivery point which shall be determined by the management committee prior to commencement of production.

Appears in 4 contracts

Samples: www.regjeringen.no, www.regjeringen.no, nea.is

AutoNDA by SimpleDocs

DISPOSAL OF NATURAL GAS. 22.1 28.1 Each Party has the right and obligation to take in kind and dispose of a share of produced Natural Gas which shall be equivalent to its Participating interestUnit Interest. The property right, and the liability and risk pertaining to the Natural Gas are transferred to the individual Party upon lifting at a delivery point which shall be determined by the management committee Management Committee prior to commencement of production.

Appears in 2 contracts

Samples: Agreement, Agreement

DISPOSAL OF NATURAL GAS. 22.1 Each XXXIII.1Each Party has the right and obligation to take in kind and dispose of a share of produced Natural Gas which shall be equivalent to its Participating interestUnit Interest. The property right, and the liability and risk pertaining to the Natural Gas are transferred to the individual Party upon lifting at a delivery point which shall be determined by the management committee Management Committee prior to commencement of production.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

DISPOSAL OF NATURAL GAS. 22.1 Each 28.1Each Party has the right and obligation to take in kind and dispose of a share of produced Natural Gas which shall be equivalent to its Participating interest. The property right, and the liability and risk pertaining to the Natural Gas are transferred to the individual Party upon lifting at a delivery point which shall be determined by the management committee prior to commencement of production.

Appears in 1 contract

Samples: www.regjeringen.no

Time is Money Join Law Insider Premium to draft better contracts faster.