Language, Units of Account and Exchange Rates. (a) Accounts shall be maintained in Guyanese dollars and United States dollars; however, the United States dollar accounts will prevail in case of conflict. Barrels shall be employed for measurements of production of Crude Oil required under the Agreement and this Annex. Standard cubic feet (scf) shall be employed for measurements of production of Natural Gas required under the Agreement and this Annex. The language employed shall be English.
Appears in 4 contracts
Samples: Model Production Sharing Agreement, Production Sharing Agreement, Sharing Agreement
Language, Units of Account and Exchange Rates. (a) Accounts shall be maintained in Guyanese dollars and United States dollars; however, the United States dollar dollars accounts will prevail in case of conflict. Barrels shall be employed for measurements of production of Crude Oil required under the Agreement and this Annex. Standard cubic feet (scf) shall be employed for measurements of production of Natural Gas required under the Agreement and this Annex. The language employed shall be English.
Appears in 3 contracts
Samples: Production Sharing Agreement, Sharing Agreement, Petroleum Agreement
