PRODUCTION SHARING MEASUREMENTS Sample Clauses

PRODUCTION SHARING MEASUREMENTS a) Measurements made for the purpose of determining the quantities of Contract CBM to be allocated between the parties hereto ("Production Sharing Measurements") shall be made in accordance with generally accepted methods used in the international CBM industry, it being agreed, however, that other measurements may be made for other purposes (including meters to test or estimate production rates of individual xxxxx) and will not necessarily conform to the same standards as the Production Sharing Measurements. a) Such Production Sharing Measurements shall be made at or near the final outlet flange or flanges of an export pipeline system or such other facility to which Contractor delivers CBM under Article VIII or IX. If Contract CBM is allocated to more than one well or discovery for any purpose, the Contractor shall make such allocations by methods generally used in the international CBM industry. b) It is understood and agreed that neither the Contractor nor the Government Representative shall have the right to take and dispose of its share of Contract CBM until after the Production Sharing Measurements provided for in this Article XI have been made; provided, however, that nothing herein contained shall limit the right of the Government of Mongolia to take and dispose of its share of Contract CBM required to meet demand therefore within Mongolia.
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