Date of Production definition
Examples of Date of Production in a sentence
For coal supplies after the Normative Date of Production, additional 40% of the Base Price shall be payable by the Purchaser as ‘Add-on price’ for all coals of GCV of 5800 kCal/Kg and below.
The Consortium Members shall deliver to ANP the Annual Production Program for the calendar year in which the Production begins at least 60 (sixty) days in advance of the expected Start Date of Production, under the terms of the Applicable Legislation.
From the Start Date of Production of each Development Area or Field, the Consortium Members shall, periodically and regularly, measure the volume and quality of Oil and Natural Gas produced at the Measurement Point.
The Contractors shall submit a Guarantee of Decommissioning of Facilities within 180 (one hundred and eighty) days from the Start Date of Production, and may, therefore, use the guarantees or term to ensure the decommissioning provided for in the Applicable Legislation, at the discretion of ANP.
The first adjustment of the prices of the bidding notice will be carried out in the month prior to the Start Date of Production, with the last published index number.