Measurement Point Outside the Contract Area. The Contractor may request, or CNH may require, derived from the correspondent Development Plan, to locate the Measurement Point out of the Contract Area. In the event a share of the Measurement Point with areas operated by a third party different to the Contract Area is foresaw, the Contractor may present for CNH approval the correspondent agreement for the shared use of facilities between the parties as provided by the Applicable Law and the Industry Best Practices.
Appears in 5 contracts
Samples: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)