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Single Phase Sample Clauses

Single PhaseThis Agreement only provides for the Production Phase.
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Single PhaseThis Agreement only provides for the Production Phase. The Contracted Party, in case of Oil and Gas Production, shall be entitled to receive, as Cost Oil, a share of the Oil and Gas Production, according to the terms, criteria, and conditions established in Annex V. T he expenditures below shall be recovered as Cost Oil, according to the methodology and procedures provided for in Annex V: expenditures previously approved by the Operating Committee or those which approval is waived by this Agreement; and expenditures recognized by the Manager. The expenditures below incurred by the Contracted Parties during the period prior to the execution of the Agreement and until creation of the Operating Committee may be recovered as Cost Oil and as long as, cumulatively: directly related to the collection of data and information, acquisition of governmental licenses, authorizations, and permits; subject to recovery, pursuant to the criteria provided for in Annex V; and ratified by the Operating Committee, prior to their actual recovery as Cost Oil. T he compensation due, as Cost Oil, to the Assignee for the expenditures incurred in Exploration and Production in the Co-participated Area, shall be recoverable up to the Effective Date of the Co-participation Agreement, under CNPE Resolution No. 02/2019 and as defined in MME Ordinance No. 213/2019, pursuant to sub-items “a” and “b” of paragraph 5.2. Expenditures to be recovered as Cost Oil shall be registered in proper account, referred to as Cost Oil account. During the Production Phase, the Contracted Party shall, every month, receive the Production share corresponding to the Cost Oil, observing the limit of the Gross Production Value of the Production Sharing Agreement defined in Annex VI. Costs that exceed the limits defined and are not recovered as Cost Oil at a certain calendar year shall be accrued for appropriation in the subsequent years. Expenditures recognized as Cost Oil shall be annually adjusted preferably according to the Extended National Consumer Price Index (IPCA) of the Brazilian Institute of Geography and Statistics – IBGE, or according to another index that better reflects the industry expenditures, at the Manager’s discretion, and return on equity is prohibited. The Manager shall be exclusively responsible for managing the calculation, recognition, and recovery of Cost Oil and managing the Cost Oil account. Any positive balance in the Cost Oil account at the end of the contract term shall not entitle...
Single Phase. The Developer shall provide, at its own expense, all the engineering services required for the Development and Improvements. Engineering services shall be performed by a licensed professional engineer that is registered in the State of Texas. Such engineering services shall conform in all respects to the Town’s engineering and design standards. Engineering services shall include, but shall not be limited to: surveys; designs; plans and profiles; estimates; construction supervision; and furnishing necessary documents in connection therewith as requested by the Town Manager and / or the Town Engineer. All engineering plans submitted shall
Single Phase. More than 5000 xxxxx. Three phase with the 3 circuits kept separate and balanced as far as possible.
Single Phase. Self Testing Refresher Course, required by employees to enable them to complete the necessary Quality Assurance, testing and Certificate of Compliance forms. New employees must undertake this course at the next available course date. Note: Employees who fail to obtain these requirements (listed under
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