Oil Shortage Notification Sample Clauses

Oil Shortage Notification. 22.1.1 In the event the Authority is notified by the Government of India of the occurrence of any Oil Shortage Event, the Authority shall issue a notice to the Concessionaire of the occurrence of the Oil Shortage Event (“Oil Shortage Notification”). The Oil Shortage Notification shall clearly indicate the drawdown requirement of the Authority (“Drawdown Requirement”) which shall include: (a) total quantity of crude oil required for drawdown; (b) the time period within which the Drawdown Requirement is to be fulfilled by the Concessionaire; and (c) the location where the Drawdown Requirement is to be supplied by the Concessionaire.
Sample 1
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Related to Oil Shortage Notification

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • NOW, THEREFORE the parties hereto agree as follows:

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