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

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Temporary Interruption of Production. The Consortium Members members may request the ANP to voluntarily interrupt the Production of a Field for a maximum period of 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 Agreementyear.

Appears in 4 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing 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. Voluntary interruption of the Production shall not entail suspension of the term of the Agreement.

Appears in 2 contracts

Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing 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: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing 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 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 2 contracts

Samples: Production Sharing Agreement, Production Sharing 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 2 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement

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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: Production Sharing Agreement

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: Concession Agreement for Exploration and Production of Oil and Gas

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 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 1 contract

Samples: Production Sharing Agreement

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