Long-Term Test Sample Clauses

Long-Term Test. If the Discovery Evaluation Plan includes a long-term test, the Consortium Members will have to request a specific authorization to perform it from ANP. When there is a Discovery Evaluation by means of a Long-Term Test, the corresponding Production will be shared in accordance with the terms of this Contract, without considering the cost recovery in Oil. The Cost Oil for the Long-Term Test can only be recovered in the Production Phase. The execution of the Long Duration Test without the utilization or reinjection of the Natural Gas will be limited to a period of 180 (one hundred and eighty) days, except in exceptional cases, at the exclusive discretion of ANP. Thirteenth Clause - Declaration of Commerciality Option of the Consortium Before the end of the Exploration Phase, the Consortium Members, by means of formal and written notification to ANP, may, at its sole discretion, make the Declaration of Commerciality of the Discovery, provided the Discovery Evaluation Plan approved by ANP is fulfilled. The Consortium Members, on behalf of the Operating Committee, should take the necessary measures to notify the Declaration of Commerciality to ANP. If it has not been submitted to ANP yet, the Final Discovery Assessment Report should accompany the Declaration of Commerciality. The Declaration of Commerciality will only be effective after the approval of the Final Report for the Evaluation of Discovery by ANP. Return of the Discovery Area The non-submission of the Declaration of Commerciality in a timely manner by the Consortium Members involves the full right termination of the Contract in relation to the respective area retained for Discovery Evaluation. Continuity of Exploration and/or Evaluation The fact of the Operational Committee performs one or more Declarations of Commerciality does not exempt the Consortium Members from fulfilling the Minimum Exploratory Program.
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Long-Term Test well test carried out with the sole purpose of obtaining data and information to understand the Reservoirs, with a total flow time greater than 72 (seventy-two) hours. Second clause - subject matter Oil and Natural Gas Production The subject matters of this Contract are: the implementation, in the Concession Area, of Operations committed in the Initial Work Program and additional to it, aiming at the Rehabilitation of the Area with Marginal Accumulation and Production of Oil and Natural Gas on commercial terms; in case of Discovery, at the Concessionaire's discretion, the performance of Evaluation activities under the terms of a Discovery Evaluation Plan approved by ANP; the Production of Oil and Natural Gas in the Concession Area according to a Development Plan approved by ANP. The use of the Hydraulic Fracturing technique in a Non-Conventional Reservoir in the areas with marginal accumulations granted in the 4th Round of Bidding Areas with Marginal accumulations . Costs, Losses and Risks Associated with the Performance of Operations The Concessionaire must always assume, solely, all costs and risks related to the execution of Operations and its consequences. The Concessionaire must bear all losses it may incur, including those resulting from acts of God or force majeure, as well as accidents or nature events affecting the Rehabilitation and the Production of Oil and Natural Gas the Concession Area. The Concessionaire will not be entitled to any payment, compensation, restitution, reimbursement or indemnity in case of failure of the Rehabilitation Phase or lack of marketability of any possible Discoveries in the Concession Area. The Concessionaire is solely civilly responsible for its own actions and those of its agents and subcontractors, as well as for the repair of any damage caused by the Operations and their performance, regardless of fault. The Federal Government and the ANP must be compensated for any charges that might incur as a result of possible future claims prompted by acts of the responsibility of the Concessionaire, which is also responsible for such compensation. The Federal Government and the ANP will not take any risks or operating losses, nor will be liable for costs, investments and damages related to the Operations and their consequences. Ownership of Oil and/or Natural Gas The Federal Government is the owner of the Deposits of Oil and Natural Gas within the national territory, in the continental platform and in the exclusive economic...
Sample 1
Long-Term Test. 12.8 If the Discovery Evaluation Plan includes a long-term test, the Consortium Members will have to request a specific authorization to perform it from ANP.
Sample 1
Long-Term Test well test carried out with the sole purpose of obtaining data and information to understand the Reservoirs, with a total flow time greater than 72 (seventy-two) hours. SECOND CLAUSE - SUBJECT MATTER Oil and Natural Gas Production
Sample 1

Related to Long-Term Test

  • Long Term Cost Evaluation Criterion # 4 READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@t xxx-xxx.xxx

  • Long Term Cost Evaluation Criterion 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not increase your catalog prices (as defined herein) more than X% annually over the previous year for the life of the contract, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIPS, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentation, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from the “Attachments” section, complete according to the instructions on the form, then uploading the completed form, with any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they may apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@xxxx-xxx.xxx 8 Choice of Law clauses with TIPS Members If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law clauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to read as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. 9

  • Long Term Leaves a. A unit member may be granted a leave of absence, with or without pay, by the Board of Education upon recommendation of the Superintendent or designee for a period not to exceed one (1) year when such action is not contrary to the best interests of the District.

  • Long Term Leave Any employee who declines a reappointment as a Teaching Assistant in order to interrupt his/her program of graduate study for a period not to exceed one (1) year will not jeopardize his/her consideration for reappointment under Article l3.03.

  • LONG TERM AGREEMENT If the Contractor is engaged by UNDP on the basis of a long-term agreement (“LTA”) as indicated in the Face Sheet of this Contract, the following conditions shall apply:

  • Long Term Care The City may offer an option for employees to purchase a new long-term care benefit for themselves and certain family members.

  • Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@t xxx-xxx.xxx Choice of Law clauses with TIPS Members If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law c lauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to re ad as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. 5 Agreed Venue of dispute resolution with a TIPS Member In the event of litigation or use of any dispute resolution model when resolving disputes with a TIPS member entity a s a result of a transaction between the vendor and TIPS or the TIPS member entity, the Venue for any litigation or ot her agreed upon model shall be in the state and county where the customer resides unless otherwise agreed by the parties at the time the dispute resolution model is decided by the parties. Agreed

  • Long Term Substitute A substitute who remains in a single assignment of forty-five (45) or more consecutive workdays.

  • Long-Term Substitute Teachers Long-term substitute teachers who teach continuously for more than thirty (30) days on the same assignment (replacing one individual teacher) shall be paid according to their appropriate lane and step on the Teacher’s Salary Schedule. The maximum experience credit shall be based on the guidelines set forth in Article VIII, Section 1, Subd. 1. This provision is not retroactive.

  • Long Term Upon written request from the Executive Director of AFSCME Council 75 to DAS Labor Relations Unit, one (1) President/designee from an AFSCME Council 75 Central Table participating Agency shall be given release time from his/her position for a period of time up to one (1) year for the performance of Union duties related to the collective bargaining relationship. However, if the Union President/designee or Executive Director requests release time for less than his/her full regular schedule, such release time shall be subject to the Employer’s approval based on the operating needs of the employee’s work unit. AFSCME shall, within thirty (30) days of payment to the employee, reimburse the State for payment of appropriate salary, benefits, paid leave time, pension, and all other employer-related costs. Where this reimbursement is expressly prohibited by law or funding source, the employee shall be granted a leave of absence but the Employer will not be responsible for continuing to pay the employee’s salary and benefits. AFSCME shall indemnify and hold the State harmless against any and all claims, damages, suits, or other forms of liability which may arise out of any action taken or not taken by the State for the purpose of complying with this provision.

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