Common use of Sharing Point Clause in Contracts

Sharing Point. 17.2. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates.

Sharing Point. 17.2. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates. Measurement at the Sharing Points shall be inspected by ANP. Any possible difference in volume between the Measurement Point and the Sharing Point shall be deemed an operating loss under the sole responsibility of the Contractor and not recoverable as Cost Oil, except for the provisions in paragraph 17.8.

Sharing Point. 17.2. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates. Measurement at the Sharing Points shall be inspected by ANP. Any possible difference in volume between the Measurement Point and the Sharing Point shall be deemed an operating loss under the sole responsibility of the Contracted Party and not recoverable as Cost Oil, except for the provisions in paragraph 17.8.

Sharing Point. 17.2. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates. Measurement at the Sharing Points shall be inspected by ANP. Any possible difference in volume between the Measurement Point and the Sharing Point shall be deemed an operating loss under the sole responsibility of the Contracted Party and not recoverable as Cost Oil, except for the provisions in paragraph 13.8.

Sharing Point. 17.2. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates. Measurement at the Sharing Points shall be inspected by ANP. Any possible difference in volume between the Measurement Point and the Sharing Point shall be deemed an operating loss under the sole responsibility of the Contractor and not recoverable as Cost Oil, except for the provisions in paragraph Erro! Fonte de referência não encontrada.8.

Sharing Point. 17.213.2. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates.

Sharing Point. 17.2. The Oil and Natural Gas Sharing Points shall will be defined for each Module of the Development Phase in the Development Plan and shall Plan. They will coincide with the place where the Consortium shall will physically provide make available the portion of Production share corresponding to each Consortium Member or to whom it indicates. ANP will carry out the inspection of the measurement at the Sharing Points. Any difference in volume between the Measurement Point and the Sharing Point will be considered an operational loss of exclusive responsibility of the Contractors, not recoverable as Oil Cost, except as provided in paragraph 17.8.

Sharing Point. 17.2. The Oil and Natural Gas Sharing Points shall will be defined for each Module of the Development Phase in the Development Plan and shall Plan. They will coincide with the place where the Consortium shall will physically provide make available the portion of Production share corresponding to each Consortium Member or to whom it indicates.