Common use of Return of the Financial Guarantees Clause in Contracts

Return of the Financial Guarantees. In the absence of outstanding issues, ANP shall issue the certificate of completion of the Minimum Exploration Program within thirty (30) days after its completion and, then, it shall return the respective financial guarantees.

Appears in 15 contracts

Samples: Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas

AutoNDA by SimpleDocs

Return of the Financial Guarantees. In the absence of outstanding issues, ANP shall issue the certificate of completion of the Minimum Exploration Program or, as the case may be, of the additional exploration activities in consideration for extension of the Exploration Phase within thirty (30) days after its completion and, then, it shall return the respective financial guarantees.

Appears in 5 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!