GOVERNMENT REVENUE Sample Clauses

GOVERNMENT REVENUE. As provided by Law No. 12,351/2010, the Contracted Party shall pay the following Governmental Revenues:
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GOVERNMENT REVENUE. As provided by Law No. 12,351/2010, the Contracted Party shall pay the following Governmental Revenues: Signature Bonus in the amount of (insert the amount in words) (R$XXX); Royalties in the amount corresponding to fifteen percent (15%) of the Total Production Volume of Oil and Gas in the Contract Area. ANNEX VI – GENERAL INSTRUCTIONS FOR THE EXPLORATION PLAN General Considerations The general instructions for the Exploration Plan define the objective and the content and determine the procedures for its submission to the National Agency of Petroleum, Natural Gas, and Biofuels – ANP. The Exploration Plan shall encompass, at least, the Minimum Exploration Program. Development of the activities of the Minimum Exploration Program may start before approval of the Exploration Plan, as long as ANP is previously notified. The first Exploration Plan shall be submitted by the Consortium Members no later than one hundred and twenty (120) days of the date established in the Agreement so the Operating Committee can be created. In case the Consortium Members are interested in developing exploration activities additional to the Minimum Exploration Program, they shall submit a revised Exploration Plan to ANP upon at least one hundred-twenty (120)-day notice from the beginning of such activities. The activities additional to the Minimum Exploration Program shall start upon approval of the Exploration Plan. At its sole discretion, ANP may authorize the beginning of the activities additional to the Minimum Exploration Program before the Exploration Plan is approved. ANP shall have sixty (60) days of receipt of the Exploration Plan to approve it or require modifications by the Consortium Members. If ANP requires such modifications, the Consortium Members shall submit them within sixty (60) days of such request, thus repeating the procedure provided for in paragraph 1.1.7 of this annex. The development of the Exploration activities already initiated shall be interrupted if reasonably required by ANP. Purpose The Exploration Plan shall: be prepared according to the instructions for its approval contained in this Annex; include information sufficiently comprehensive and detailed for its approval; and allow ANP to know, monitor, and inspect the exploration activities contained therein. Content of the Exploration Plan The Exploration Plan shall include: identification of the Consortium Members and the Operator; identification of the Contract Area; name of the Sedimentary Basin; n...
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GOVERNMENT REVENUE. As provided by Law No. 12,351/2010, the Contractor shall pay the following Governmental Revenues: Signature bonus in the amount of XXX Reais (R$XXX); Royalties in the amount corresponding to fifteen percent (15%) of the Total Volume of Production of Oil and Gas in the Contract Area. ANNEX VI – GENERAL INSTRUCTIONS FOR THE EXPLORATION PLAN General Considerations The general instructions for the Exploration Plan define the objective and the content and set the procedures for its submission to the National Agency of Petroleum, Natural Gas and Biofuels – ANP. The Exploration Plan shall encompass at least the Minimum Exploration Program. Development of the activities of the Minimum Exploration Program may start before approval of the Exploration Plan, as long as ANP is previously notified. The first Exploration Plan shall be submitted by the Consortium Members no later than one hundred and twenty (120) days of the date established in the Agreement for creation of the Operating Committee. In case the Consortium Members are interested in developing exploration activities additional to the Minimum Exploration Program, they shall submit a revised Exploration Plan to ANP upon at least one hundred-twenty (120)-day notice from the beginning of such activities. The activities additional to the Minimum Exploration Program shall start after approval of the Exploration Plan. At its sole discretion, ANP may authorize the beginning of the activities additional to the Minimum Exploration Program before approval of the Exploration Plan. ANP shall have sixty (60) days of receipt of the Exploration Plan to approve it or require modifications by the Consortium Members.
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GOVERNMENT REVENUE. The State Government will get revenue as royalty from selling of mineral, Land Tax/surface rent, Sales Tax/VAT; Income Tax etc. will be addition.
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GOVERNMENT REVENUE. Pursuant to article 29, X, of Law No. 12,351/2010, the Contractor shall pay the following Government Revenue:
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Related to GOVERNMENT REVENUE

  • Government Procurement ARTICLE 6.1

  • Government End Users The Apple Software and related documentation are “Commercial Items”, as that term is defined at 48 C.F.R. §2.101, consisting of “Commercial Computer Software” and “Commercial Computer Software Documentation”, as such terms are used in 48 C.F.R. §12.212 or 48 C.F.R. §227.7202, as applicable. Consistent with 48 C.F.R. §12.212 or 48 C.F.R. §227.7202-1 through 227.7202-4, as applicable, the Commercial Computer Software and Commercial Computer Software Documentation are being licensed to U.S. Government end users (a) only as Commercial Items and (b) with only those rights as are granted to all other end users pursuant to the terms and conditions herein. Unpublished-rights reserved under the copyright laws of the United States.

  • GOVERNMENT PROPERTY (a) Company may furnish to Seller property as may be required for performance of work under this Agreement, or have Seller acquire such property as mutually agreed. Title to property furnished or acquired shall vest in the Government, and hereafter be referred to as "Government property." If Seller purchases property for which it is entitled to be reimbursed as a direct item of cost, title shall pass to the Government upon delivery of the property to Seller. Title to all other property, the cost of which is reimbursable to Seller, shall pass to the Government upon the earliest of (1) issuance of property for use in performance, (2) processing property for use in performance, or (3) reimbursement of cost of property. Title shall not be affected by the incorporation or attachment to any property not owned by the Government, nor shall any Government property become a fixture or lose its identity because it is affixed to any realty.

  • GOVERNMENT REGULATIONS Notwithstanding anything contained herein to the contrary, the Company’s obligation hereunder to issue or deliver certificates evidencing shares of Common Stock shall be subject to the terms of all applicable laws, rules and regulations and to such approvals by any governmental agencies or national securities exchanges as may be required.

  • Government Rights This Agreement is subject to Title 35 Sections 200-204 of the United States Code. Among other things, these provisions provide the United States Government with nonexclusive rights in the Licensed Patent. They also impose the obligation that Licensed Product sold or produced in the United States be “manufactured substantially in the United States.” ***** will ensure all obligations of these provisions are met.

  • GOVERNMENT-FURNISHED PROPERTY (1) The Government shall deliver to the Contractor the Government-furnished property described in this contract. The Government shall furnish related data and information needed for the intended use of the property. The warranties of suitability of use and timely delivery of Government-furnished property do not apply to property acquired or fabricated by the Contractor as contractor-acquired property and subsequently transferred to another contract with this Contractor.

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