Examples of Concession Area in a sentence
The Concessionaire shall previously notify ANP of the start of drilling of any well in the Concession Area.
The Concessionaire shall have the exclusive right to execute the Operations in the Concession Area pursuant to the terms, conditions, and effectiveness of the Agreement.
Termination of this Agreement for any reason shall require the Concessionaire to immediately relinquish the entire Concession Area to ANP.
The Concessionaire is prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Concession Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations.
ANP may authorize the positioning or the construction of facilities or equipment in a place outside the Concession Area, aiming at complementing or optimizing the logistic structure related to the Operations.