Common use of Temporary Interruption of Production Clause in Contracts

Temporary Interruption of Production. The Concessionaire may request the interruption of the Field Production for a period no longer than 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. Interruptions caused by an emergency situation, act of God, force majeure, or similar causes shall be immediately informed to ANP. Voluntary interruption of the Production shall not entail suspension of the term of the Agreement, except for the cases provided for herein.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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