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 Contractor shall pay the following Governmental Revenues: Signature bonus in the amount of XXX Reais (R$XXX); Royalties in the amount corresponding to fifteen percent (15%) of the Total Volume of Production of Oil and Gas in the Contract Area. The general instructions for the Exploration Plan define the objective and the content and set the procedures for its submission to the National Agency of Petroleum, Natural Gas and Biofuels – ANP. The Exploration Plan shall encompass at least the Minimum Exploration Program. Development of the activities of the Minimum Exploration Program may start before approval of the Exploration Plan, as long as ANP is previously notified. The first Exploration Plan shall be submitted by the Consortium Members no later than one hundred and twenty (120) days of the date established in the Agreement for creation of the Operating Committee. In case the Consortium Members are interested in developing exploration activities additional to the Minimum Exploration Program, they shall submit a revised Exploration Plan to ANP upon at least one hundred-twenty (120)-day notice from the beginning of such activities. The activities additional to the Minimum Exploration Program shall start after approval of the Exploration Plan. At its sole discretion, ANP may authorize the beginning of the activities additional to the Minimum Exploration Program before approval of the Exploration Plan. ANP shall have sixty (60) days of receipt of the Exploration Plan to approve it or require modifications by the Consortium Members.
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GOVERNMENT REVENUE. As provided by Law No. 12,351/2010, the Contracted Party shall pay the following Governmental Revenues: Signature Bonus in the amount of (insert the amount in words) (R$XXX); Royalties in the amount corresponding to fifteen percent (15%) of the Total Production Volume of Oil and Gas in the Contract Area. 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. 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. The Exploration Plan shall include: identification of the Consortium Members and the Operator; identification of the Contract Area; name of the Sedimentary Basin; number of the Agreement; schedule for the exploration activities of the Exploration Plan and expected annual budgets, bas...
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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 Use If the Software, Documentation, Materials and any other Licensor services are being or have been acquired with U.S. Federal Government funds, or Customer is an agency, department, or other entity of the United States Government ("Government"), the use, duplication, reproduction, release, modification, disclosure, or transfer of the Software or any related documentation of any kind, including technical data, manuals or Materials, is restricted in accordance with Federal Acquisition Regulation 12.212 for civilian agencies and Defense Federal Acquisition Regulation Supplement 227.7202 for military agencies. The Software, Materials, and any Licensor services are COMMERCIAL ITEMS AS DEFINED BY THE FEDERAL ACQUISITION REGULATION. Use of the Software and Materials by the Government is further restricted according to the Agreement and any amendment hereto.

  • Government Procurement 1. Articles II, XVI and XVII shall not apply to laws, regulations or requirements governing the procurement by governmental agencies of services purchased for governmental purposes and not with a view to commercial resale or with a view to use in the supply of services for commercial sale. 2. There shall be multilateral negotiations on government procurement in services under this Agreement within two years from the date of entry into force of the WTO Agreement.

  • GOVERNMENT REQUIREMENTS The Union and the Employer recognize that an Employer should not lose jobs because of government requirements which conflict with the provisions of this Agreement the Union and the Employer pledge their mutual cooperation in complying with provisions in any contract which the Employer may bid for or enter into with any public or quasi-public or governmental body for the performance of work covered by this Agreement. If the Employer believes that a government requirement conflicts with the Agreement, they shall request a pre-job meeting with the Union to seek alternatives. The Union will not withhold agreement unnecessarily.

  • Government Consent No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental or public body or authority is required on the part of the Borrower to authorize, or is required in connection with the execution, delivery and performance of, or the legality, validity, binding effect or enforceability of, the Loan Documents.

  • 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

  • GOVERNMENT PROPERTY ‌ For task orders awarded under OASIS SB, Government property matters shall follow the same policies and procedures for Government property under FAR Part 45, Government Property and other applicable agency specific regulatory supplements. FAR Part 45 does not apply to Government property that is incidental to the place of performance, when the task order requires Contractor personnel to be located on a Government site or installation, and when the property used by the Contractor within the location remains accountable to the Government. Unless otherwise specified in a task order, the Contactor shall provide all office equipment and consumable supplies at the Contractor’s sole and exclusive expense, including computers/workstations used in daily operation in support of OASIS SB. The OCO must tailor property clauses, provisions, and other applicable terms and conditions specific to each task order solicitation and award.

  • No Government Review The Purchaser understands that neither the SEC nor any securities commission or other governmental authority of any state, country or other jurisdiction has approved the issuance of the Securities or passed upon or endorsed the merits of this Agreement, the Securities, or any of the other documents relating to the Placement, or confirmed the accuracy of, determined the adequacy of, or reviewed this Agreement, the Securities or such other documents.

  • Government Consents Borrower and each Subsidiary have obtained all consents, approvals and authorizations of, made all declarations or filings with, and given all notices to, all governmental authorities that are necessary for the continued operation of Borrower’s business as currently conducted, except where the failure to do so would not reasonably be expected to cause a Material Adverse Effect.

  • 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 Programs The Property is subject to the government programs listed below or on the attached exhibit:

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