Common use of Participation Interests Clause in Contracts

Participation Interests. On the Effective Date the Participation Interests of the Parties comprising the Contractor are as follows: [The Company] [insert number]% The National Company [insert number]% Total 100%

Appears in 4 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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Participation Interests. 1.3.1 On the Effective Date Date, the Participation Interests of the Parties comprising making up the Contractor are as follows: [The Company] [insert number]% The National Company [insert number]% …% (minimum 20% Carried Participation of the National Company") *COMPANY* …% Total 100%

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract

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