Common use of Temporary Interruption of Production Clause in Contracts

Temporary Interruption of Production. The Concessionaire may request from ANP voluntary interruption of the Production of a Field for a period of one (1) year, extendable at ANP’s discretion.

Appears in 7 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

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Temporary Interruption of Production. The Concessionaire may request from ANP voluntary interruption of the Production of a Field for a period of one (1) year, extendable at ANP’s discretion. ANP shall assess the request within sixty (60) days, renewable for the same period, and may request clarification from the Concessionaire. The term for assessment shall be resumed upon submission of the clarification required. Voluntary interruption of the Production shall not entail suspension of the term of the Agreement.

Appears in 5 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

Temporary Interruption of Production. The Concessionaire Consortium Members may request from ANP voluntary interruption of to voluntarily interrupt the Production of a Field for a period of one (1) year01)-year period, extendable at ANP’s discretion.

Appears in 5 contracts

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

Temporary Interruption of Production. The Concessionaire may request from ANP voluntary the interruption of the Field Production of a Field for a period of no longer than one (1) year, extendable at ANP’s discretion.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Temporary Interruption of Production. The Concessionaire may request from the ANP voluntary interruption of the to voluntarily interrupt Field Production of a Field for a period of one 1 (1one) year, extendable which may be extended at the discretion of the ANP’s discretion.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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