Petroleum Costs and Remuneration. (a) No Petroleum Costs or Remuneration shall be payable untilthe Eligibility Date, which shall be the date upon which both of the following have occurred: (i)the obligations referenced in Article 6 and described in Annex E have been completed; and (ii) the First Commercial Production Date.
Appears in 4 contracts
Samples: Sales Agreement, Sales Agreement, Sales Agreement
Petroleum Costs and Remuneration. (a) No Petroleum Costs or Remuneration shall be payable untilthe Eligibility Date, Date which shall be the date upon which both of the following have occurred: (i)the obligations referenced in Article 6 and described in Annex E have been completed; and (ii) the First Commercial Production Date.
Appears in 2 contracts
Samples: Sales Agreement, Sales Agreement