CLAUSE THREE. The STATE is granted a grace period in the payment of interest and amortization in the period from April to December 2016 and, from January to December 2017, only amortization. Single paragraph. Interest and amortization amounts for the period from April to December 2016, as well as amortization for the period from January to December 2017, will be added to the balance due on the respective due dates set forth in the Fourth Addendum. CLAUSE FOUR
CLAUSE THREE. Scope of the Assignment: THE ASSIGNEE for the fact of assigning the six per cent (6%) out of the fifty three per cent (53%) of the “Share Interests” on its behalf, - as shown in the table at the end of the immediately previous clause - , it bears full right on said percentage, the rights corresponding to the 6% included in the aforementioned “Agreement” and that correspond to THE ASSIGNOR, likewise producing the assignment of shares, rights, privileges, obligations and legal benefits inherent to the nature and conditions foreseen in the contract. In this way, one Phase 2 has started, the assignee starts to participate, in respect to its percentage, in every right and obligation derived therefrom. THE ASSIGNOR shall be responsible before THE ASIGNEE for the existence and validity of the “Share Agreement” of April twenty fifth (25th) of two thousand and seven (2007), entered into between PEI and WELL LOGGING, which caused the assignment in its favor by PEI in the “Share Interests” and that for this act, the 6% is assigned. THE ASSIGNOR shall also be responsible for the future compliance with the obligations of WELL LOGGING, for which THE ASSIGNEE shall notify the delay or the failure to comply of its obligations to THE ASSIGNOR, within the ten (10) days subsequent to the fact constituting the delay or the failure to comply.
CLAUSE THREE. NAME OF THE COMPANY shall receive the produce and classify it in agreement with the Quality Standards approved at Ordinance n. 278, of November 30, 1988, from the Ministry of the Agriculture, using that classification for the calculation of the price to be paid for hand picking. Paragraph 1 NAME OF THE COMPANY, for the final calculation of the price to be paid, shall additionally use an internal classification, taking into account the produce’s Brix degree that shall be applied to the calculation of the above clause (three), as follows: Brix Value up to 4,80 0% standard Brix Value 4,81 to 5,20 5% increment Brix Value over 5,20 10% increment Paragraph 2 The State Bureau shall be able to, at its own discretion, inspect and assess the criterion of sorters at any moment or when requested by the signatories of the present agreement.
CLAUSE THREE. The Parties agree that as of December 1, 2016 and for purposes of Annex TC-7 of the Framework Crude Services Agreement, Contracted Capacity for the 14” Ayacucho – Gxxxx and the 18” Gxxxx – Ayacucho systems shall be as follows: Contracted Capacity Use or Pay Use and Pay System (line) BPD BPD BPD TOTAL (*) GXXXX - AYACUCHO L18" 41,500 31,955 9,545 41,500 AYACUCHO GXXXX L14" 30,000 23,100 6,900 30,000 (*) The provisions set forth in Clause 5, Addendum No. 6, as to the release of capacity on these systems, is retained. When the 14” Gxxxx Ayacucho System is functioning in direction Gxxxx – Ayacucho, it will have a contracted capacity of 20,000 (23% S&P and 77% SoP) The Capacity offered for the 18” Gxxxx – Ayacucho system may be affected, depending upon the products Ecopetrol requests to be transported, without this implying a breach by CENIT. Said requests shall be reviewed and, if possible, defined under special agreements in each planning process. In the case of operating restrictions affecting the 14” Ayacucho – Gxxxx and/or the 8” Ayacucho – Gxxxx systems, the Parties agree that all or part of the barrels of the 8” Ayacucho – Gxxxx system may be transported through the 14” Ayacucho – Gxxxx system. Barrels transported under the conditions specified above on the 14” Ayacucho – Gxxxx system, and that exceed for one or more days of the service month the daily capacity initially proposed by ECOPETROL and accepted by CENIT for a specific month on that system shall be taken into consideration in determining monthly fulfillment of the SoP of the 8” Ayacucho – Gxxxx system. For invoicing purposes, these barrels shall at all times exceed the capacity initially proposed by ECOPETROL and accepted by CENIT on the 14” Ayacucho – Gxxxx system, shall be invoiced on the 14” Ayacucho – Gxxxx system, and shall be discounted from barrels to be invoiced under the SoP of the 8” Ayacucho – Gxxxx system.
CLAUSE THREE. (Duration)
CLAUSE THREE. QUALITY: The typical quality of the Sxxxxxx Shared Risk Contract (CPR Sxxxxxx), and the Guayuyaco Association Contract to be supplied shall have the following specifications: API SULFUR BSW % SXX Lb/1000 Bls in maximum volume Maximum
CLAUSE THREE. Hours and Leave 3.1 The Employee’s working hours are outlined as follows: 3.1.1 The Employee shall work <<Service_Request_No_of_Days_Per_We ek>> days per week, the Employee’s normal working week shall be from <<Service_Request_Working_Week_From تازاجلإاو لمعلا تاعاس - ةثلاثلا ةداملا .3 :يلي امك فظوملا لمع تاعاس نوكتس 1-3 فظوملا لمعي <<Service_Request_No_of_Days_P لمعلا عوبسأ أدبيو ،˝ايعوبسأ مايأ er_Week>> موي فظوملل يدايتعلاا <<Service_Request_Working_Week 1-1-3 >> to <<Service_Request_Working_Week_To>> and the Employee's normal working hours shall be <<Service_Request_Working_Hours>> per day (not to exceed 8 per day, excluding the break referred to in clause 3.1.3 below where applicable).
CLAUSE THREE. The host university undertakes to provide additional training in the language of its country.
