Return of Areas and Reversion of Property. If the Contracted Party uses xxxxx or pre-existing infrastructure, it shall, in relation to these, bear the responsibilities laid down in the Contract and the Applicable Legislation. When it is a Field, the planning of decommissioning and abandonment and the mechanisms to make the necessary funds available will be provided in the respective Development Plan and periodically reviewed throughout the Production Phase. The cost of Operations of decommissioning and abandonment of a Field will be established so as to cover the activities of definitive abandonment of xxxxx, disabling and removing of lines and installations and rehabilitation of areas.
Return of Areas and Reversion of Property. To make the return of areas part of the Concession Area, the Concessionaire will strictly fulfill, in addition to the provisions of paragraphs 3.4 3.4, 18.8 5.8 to 18.11 5.11 and in clause twenty first of this Contract, all other provisions of the applicable law and in accordance with the Best Practices of the Oil Industry on the return and abandonment of areas and removing and reversion of property. The return does not exempt the Concessionaire from the fulfillment of all the outstanding obligations or responsibility for the liabilities, irregularities or infractions found a posteriori, in accordance with applicable laws. If there are, in the Concession Area, xxxxx or pre-existing production infrastructure which may, at any time during the term of the Contract, be used for any purpose, the Concessionaire will take the responsibility, without the right to waiver or any type of compensation by ANP and Federal Government, on the obligations provided in clauses eighteen and twenty-one. The planning and execution of any operations of decommissioning and abandonment, including with regard to areas, xxxxx, structures, fields, transfer lines, parts or units of installations of surface and sub-surface, onshore and offshore, should be made in accordance with applicable legislation, still taking into account the provisions of Clause Twenty First. The planning of the decommissioning and abandonment and the mechanisms to provide the necessary funds should be provided for in its Development Plan, in accordance with paragraph 10.1 2.1. The cost of the decommissioning and abandonment operations should be provided so as to cover the activities of definitive abandonment of xxxxx, deactivation and removal of lines and facilities, and rehabilitation of areas, according to the applicable legislation.
Return of Areas and Reversion of Property. 18.6 To make the return of areas part of the Concession Area, the Concessionaire will strictly fulfill, in addition to the provisions of paragraphs 3.4 3.4, 18.8 18.8 to 18.11 18.11 and in clause twenty first of this Contract, all other provisions of the applicable law and in accordance with the Best Practices of the Oil Industry on the return and abandonment of areas and removing and reversion of property.
Return of Areas and Reversion of Property. 18.6 If the Concessionaire uses xxxxx or pre-existing infrastructure, it shall, in relation to these, bear the responsibilities laid down in the Contract and the Applicable Legislation.
