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GOVERNMENT PARTICIPATION Sample Clauses

GOVERNMENT PARTICIPATION. (1) The Government may elect to participate in the petroleum operations in any Development area and acquire an interest of up twenty per cent (20%) (hereinafter referred to as "Participating Interest") of the total interest in that development area. The Government may participate either directly or through an appointee (2) If the Government exercises its right to participate in a Development Area, the Government and the Contractor shall enter into either a Participation Agreement of an amendment and novation of the Joint Operating Agreement, to add the Government or its Appointee as a party to the Joint Operating Agreement within three (3) months after notice to the Contractor under sub- clause 28(1). (3) The Government shall, in exercise of its right to participate in a Development Area: (a) Have a right to a vote in proportion to its Participating Interest with respect to all decisions taken under this Contract and either the Participation Agreement or Joint Operating Agreement as appropriate; (b) Own and separately take and dispose of its Participating Interest share in the Petroleum produced and saved to which the Contractor is entitled under this Contract, corresponding to its Participating Interest in that Development Area; (c) Assume its share of Petroleum Costs incurred in respect of that Development Area, from the Effective Date of its participation as defined in sub-clause 28(3), pro-rata to its Participating Interest; Draft Production Sharing Contract Block L27 Ministry of Energy Page 40 (d) Own a Participating Interest share in all assets acquired for Petroleum Operations in or related to the Development Area; (4) The Government shall reimburse the Contractor, without interest, pro-rata to the Government Participating Interest, its share of all costs, expenses and expenditure incurred in respect of the Development Area from the date the Development Plan for that Development Area has been adopted to the date the Government serves notice pursuant to sub-clause 28(3) exercises its right to participate in that Development Area. This reimbursement shall be made within three (3) months after the Government serves notice pursuant to sub-clause 28(3).
GOVERNMENT PARTICIPATION. If GNPC elects to acquire an Additional Paying Interest (as defined in the Contract) pursuant to Article 2.6 of the Contract, the Parties (other than EO) shall contribute, in proportion to their respective Participating Interests, to the additional interest to be acquired by GNPC and shall execute such documents as may be necessary to effect such transfer of interests. All payments received for the acquisition of such interests shall be credited to the Parties (other than HO or GNPC in the event that GNPC is or becomes a party to this Agreement) in proportion to their Participating Interests.
GOVERNMENT PARTICIPATION. If you are a government (including any specific agency or other entity of a government), you agree that any technology or services provided in any particular program are for your sole use and benefit of the government and are not provided to or for any individual government employee. As there may be legal restrictions on your ability to provide or participate in publicity activities or related program requirements, we agree to negotiate in good faith an amendment to conform specific program requirements related to publicity to your legal requirements.
GOVERNMENT PARTICIPATION. If Government Oil & Gas Company, elects to participate in the rights and obligations of Parties pursuant to Article 15 of the Contract, the Parties shall contribute, in proportion to their respective Participating Interests, to the interest to be acquired by Government Oil & Gas Company. The effective date of the Government’s participation shall be the date of the adoption of the development plan under Article 7 of the Contract. The Parties shall execute such documents as may be necessary to effect such transfer of interests and the joinder of Government Oil & Gas Company as a Party to this Agreement. All payments received for or related to the transfer of such interests and the joinder of the Government shall be credited to the Parties in proportion to their Participating Interests.
GOVERNMENT PARTICIPATION. 11.1 The Government has the option to acquire a maximum interest of [***] in the rights and obligations of the Contractor regarding a commercial discovery. 11.2 The Government must exercise its participation option by written notification to the Contractor within the [***] days following the date of commercial declaration by the Contractor. For lack of submitting a written notification during this deadline of [***] days, the option shall be considered as denied. 11.3 If the Government exercises its option of participation in accordance with Article 11.1, the Contractor shall give up to the Government the share claimed. To this effect, the Contractor shall propose a draft convention to the Minister in charge of Hydrocarbons for consideration. This convention shall specify the terms of the Government’s participation. 11.4 The Government participation shall be effective from the date of receipt by the Contractor of the written notification set out in article 11.2. 11.5 If the Government exercises its participation option, the Minister shall enter into an operational agreement with the Contractor in accordance with the standards of International Oil Operations, which shall govern the rights and obligations of the Parties.
GOVERNMENT PARTICIPATION. If Government Oil Company elects to participate in the rights and obligations of Parties pursuant to provisions of or requirements of the Contract, the Parties shall contribute, in proportion to their respective Participating Interests, to the interest to be acquired by Government Oil Company and shall execute such documents as may be necessary to effect such transfer of interests and the joinder of the Government Oil Company as a party to this Agreement. All payments received for the transfer of such interests shall be credited to the Parties in proportion to their Participating Interests. 57 MODEL FORM INTERNATIONAL OPERATING AGREEMENT - 1995
GOVERNMENT PARTICIPATIONThe Government’s technical contribution towards this effort will include technical management, responsibility for any Federal environmental compliance documents, review and approval of planning and design documents and construction, and overall supervision. The Administration Office will coordinate with the GOTR regarding any changes in scope, schedule or cost.
GOVERNMENT PARTICIPATION. 20.1.1 On the Effective Date, the Government shall acquire a ten percent (10%) participating interest in the Licence, thereby becoming one of the Persons constituting the Licensee(s), so that the participating interest of the Licensee and the Government in the Licence Area shall be as follows: (a) Government as licensee – 10 %; and (b) Licensee (other than the Government) – 90%. 20.1.2 In the event that: (a) a Party transfers in whole or in part its participating interest pursuant to Article 23; or (b) the Government exercises its option under Article 20.3, increasing its participating interest up to an additional five percent (5%), the participating interest of the Parties under Articles 20.1.1(a) and 20.1.1(b) shall be revised accordingly.
GOVERNMENT PARTICIPATIONThe contractor shall notify the procuring activity regarding the starting date of tests and examinations as soon as it is determined.
GOVERNMENT PARTICIPATION. 7 ARTICLE 4 OPERATOR.............................................................................................7 4.1