Common use of Production Individualization Commitment Clause in Contracts

Production Individualization Commitment. a document that formalizes the allocation of production of a Mine that extends by different Concession Areas, whose rights of Exploration and Production belong to the same Concessionaire.

Production Individualization Commitment. a document signed after the Declaration of Commerciality that formalizes the allocation of production Production of a Mine that extends by different Concession Areas, whose rights of Exploration and Production belong to the same ConcessionaireConsortium Members.

Production Individualization Commitment. a document that formalizes executed after the Declaration of Commercial Feasibility evidencing the allocation of production of in a Mine that extends by different Concession shared pool, extending over areas under distinct concession Areas, whose rights of Exploration exploration and Production production belong to the same Concessionairecompany or consortium of identical composition and the same percentage of participation.