Excess Local Content Sample Clauses

Excess Local Content. 25.10 If the Contractor exceeds the Local Content required, whether in the Exploration Phase or in a Module of the Development Phase, the excess amount, in national currency, may be transferred to the Modules of the Development Phase to be implemented thereafter.
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Excess Local Content. If the Contractor exceeds the Local Content required, whether in the Exploration Phase or in a Development Module, the excess amount, in national currency, may be transferred to the Development Modules to be implemented thereafter. The Operator shall indicate the Macro-Group to which the excess of the Exploration Phase shall be directed. Any excess verified in the Development Modules may be transferred only between the same Macro-Groups. Request for transfer of the excess shall be submitted to ANP within fifteen (15) days of the first business day after receipt by the Operator of the Local Content Inspection Report of the Production Development Phase or subsequent Modules in case of modular Development. The excess monetary amount shall be adjusted by the IGP-DI or any other index that may replace it.
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Excess Local Content. 20.10. If the Concessionaire exceeds the Local Content required, whether in the Exploration Phase or in a Development Module, the excess amount, in national currency, may be transferred to the Development Modules to be implemented thereafter.
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Excess Local Content. If the Concessionaire exceeds the Local Content required, whether in the Exploration Phase or in a Development Module, the excess amount, in national currency, may be transferred to the Development Modules to be implemented thereafter. For offshore Fields, the Operator shall indicate the Macro-Group to which the excess of the Exploration Phase shall be directed. Any excess verified in the Development Modules may be transferred only between the same Macro-Groups. Request for transfer of the excess shall be submitted to ANP within thirty (30) days of the first business day after receipt, by the Operator, of the Local Content Inspection Report of the Production Development Phase or subsequent modules in case of modular Development. The excess monetary amount shall be adjusted by the IGP-DI or any other index that may replace it.
Sample 1Sample 2See All (5)
Excess Local Content. If the Contracted Party exceeds the Local Content required in a Development Module, the excess amount, in national currency, may be transferred to the Development Modules to be implemented thereafter. Any excess verified in the Development Modules may be transferred only between the same Macro-Groups. Request for transfer of the excess shall be submitted to ANP within thirty (30) days of the first business day following receipt, by the Operator, of the Local Content Inspection Report of the Production Development Phase or subsequent modules in case of modular Development. The excess monetary amount shall be adjusted by the IGP-M or any other index that may replace it.
Sample 1Sample 2Sample 3See All (4)
Excess Local Content. 22.11. If the Contracted Party exceeds the Local Content required in a Development Module, the excess amount, in national currency, may be transferred to the Development Modules to be implemented thereafter.
Sample 1Sample 2Sample 3
Excess Local Content. If the Concessionaire exceeds the Local Content required, whether in the Exploration Phase or in a Development Module, the excess amount, in national currency, may be transferred to the Development Modules to be implemented thereafter. In case of Offshore Fields with water depth over one hundred (100) meters, the Operator shall indicate the Macro-Group to which the excess of the Exploration Phase will be directed. Any excess verified in the Development Modules may be transferred only between the same Macro-Groups. Request for transfer of the excess shall be submitted to ANP within thirty (30) days of the first business day after receipt by the Operator of the Local Content Inspection Report of the Production Development Phase or subsequent Modules, in case of modular Development. The excess monetary amount shall be adjusted by the IGP-DI or any other index that may replace it.
Sample 1
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Excess Local Content. If the Concessionaire exceeds the Local Content committed, whether in the Exploration Phase or in a Module of the Development Stage , the excess amount, in national currency, may be transferred to the Module(s) of the Development Stage to be implemented thereafter. In case of Offshore Fields with water depth over 100 meters, the operator shall indicate the Macro-Group to which the excess of the Exploration Phase will be directed. Any excess verified in the Modules of the Development Stage may be transferred only between the same Macro-Groups. Request for transfer of the excess shall be submitted to ANP within ten (10) days of the first business day after receipt by the Operator of the Local Content Inspection Report of the Production Development Stage or subsequent Modules, in case of modular Development. The excess monetary value shall be adjusted by the General Market Price Index (IGP-M) of Fundação Xxxxxxx Xxxxxx or any other index that may replace it.
Sample 1

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