Common use of Insufficiency Clause in Contracts

Insufficiency. Notwithstanding the foregoing provisions of this Article X, if there occurs an Insufficiency as provided in Section 13.2 of the Gas Agreement and Replacement Gas (as provided in the Gas Agreement) is provided to Songas from the Adjoining Blocks, then: (a) If production facilities are already in place, then with respect to such Replacement Gas, (i) there will be 100% cost recovery (rather than 75%);

Appears in 2 contracts

Sources: Production Sharing Agreement, Production Sharing Agreement