Common use of Temporary Interruption of Production Clause in Contracts

Temporary Interruption of Production. The Consortium Members may request ANP to voluntarily interrupt the Production of a Field for a one (01)-year period, 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 Consortium Members. Voluntary interruption of the Production shall not entail suspension of the term of the Agreement.

Appears in 5 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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Temporary Interruption of Production. The Consortium Members Concessionaire may request from ANP to voluntarily interrupt voluntary interruption of the Production of a Field for a period of one (01)-year period1) 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 Consortium MembersConcessionaire. 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, Concession Agreement, Draft Concession Agreement

Temporary Interruption of Production. The Consortium Members may request ANP to voluntarily interrupt the Production of a Field for a an one (01)-year 1)-year period, 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 Consortium Members. 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 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

Temporary Interruption of Production. The Consortium Members Concessionaire may request ANP to voluntarily interrupt the interruption of the Field Production of a Field for a period no longer than one (01)-year period1) 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 Consortium MembersConcessionaire. 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 2 contracts

Samples: Concession Agreement, Concession Agreement

Temporary Interruption of Production. The Consortium Members may request ANP to voluntarily interrupt the Production of in a Field for a one (01)-year 1)-year period, 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 Consortium Members. 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 2 contracts

Samples: Consortium Agreement, Consortium Agreement

Temporary Interruption of Production. The Consortium Members may request from ANP to voluntarily interrupt voluntary interruption of the Production of a Field for a period of one (01)-year period1) 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 Consortium Members. 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 1 contract

Samples: Consortium Agreement

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Temporary Interruption of Production. The Consortium Members may request ANP to voluntarily interrupt the Production of a Field for a period of one (01)-year period1) year, extendable at ANP’s 's discretion. ANP shall assess evaluate the request within sixty 60 (60sixty) days, renewable for the same period, and may request clarification from the Consortium Members. Voluntary The deadline for evaluation will be restarted after the requested clarifications have been presented. The voluntary interruption of Production will not imply the Production shall not entail suspension of the term of the Agreement.

Appears in 1 contract

Samples: Consortium Agreement

Temporary Interruption of Production. The Consortium Members Concessionaire may request ANP request, as long as in a justifiable manner, to voluntarily interrupt stop the Field Production of a Field for a maximum period of one (01)-year period, extendable at ANP’s discretion1) year. The ANP shall assess will evaluate the request within sixty (60) days, renewable for the same periodand, and may if necessary, request clarification from the Consortium MembersConcessionaire. Voluntary Interruptions motivated by an emergency, act of God, force majeure or similar causes, must be immediately reported to the ANP. The interruption of the Production shall will not entail lead to the suspension of the term course of the Agreementterms of the Contract, except when provided herein.

Appears in 1 contract

Samples: rodadas.anp.gov.br

Temporary Interruption of Production. The Consortium Members Concessionaire may request from ANP to voluntarily interrupt voluntary interruption of the Production of a Field for a period of one (01)-year period1) 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 by the Consortium MembersConcessionaire. 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 1 contract

Samples: Draft Concession Agreement

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