Common use of ORGANIZATION OF THE CONSORTIUM Clause in Contracts

ORGANIZATION OF THE CONSORTIUM. The Consortium shall have its principal place of business in the city of _________ (Brasília, DF or Rio de Janeiro, RJ), Brazil. The Consortium, as well as the execution of the subject matter of this Consortium Agreement and the use of the Common Assets, does not constitute a company between the Parties.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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ORGANIZATION OF THE CONSORTIUM. The Consortium shall have its principal place of business in the city of _________ (Brasília, Brasília – DF or Rio de Janeiro, Janeiro – RJ), Brazil. The Consortium, as well as the execution of the subject matter of this Consortium Agreement and the use of the Common Assets, does not constitute a company between the Parties.

Appears in 3 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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ORGANIZATION OF THE CONSORTIUM. The Consortium shall have its principal place of business in the city of _________ (Brasília, Brasília – DF or Rio de Janeiro, Janeiro – RJ), Brazil. The Consortium, as well as the execution of the subject matter of this Consortium Agreement and the use of the Common Assets, does not constitute a company between the Parties. SECTION FOUR – OPERATIONS MANAGEMENT – OPERATOR AND OPERATING COMMITTEE 4.1. Under article 4 of Law No. 12,351/2010 and CNPE Resolution No. 25/2017, Petrobras is the Operator and leader of the Consortium.

Appears in 1 contract

Samples: Consortium Agreement

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