Common use of Temporary Interruption of Production Clause in Contracts

Temporary Interruption of Production. The Consortium Members may request ANP to approve, upon prior request, the interruption of Production in one Field for a maximum period of one year, except for emergency events, act of God, force majeure, or similar causes, when the interruption shall be immediately informed.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

Temporary Interruption of Production. The Consortium Members Concessionaire may request ANP to approve, upon a prior requestnotice, the interruption of the Production in one of a Field for a maximum period of no more than one (1) year, except for emergency eventsevents of emergency, act acts of God, force majeure, or similar causes, when the in which interruption shall be immediately informedpromptly informed to ANP.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!