Common use of Moveable Property Clause in Contracts

Moveable Property. Subject to Section 14.2, whenever the Contractor relinquishes any part of the Contract Area, all moveable property located within the part of the Contract Area so relinquished, may be removed to any part of the Contract Area that has been retained.

Appears in 2 contracts

Sources: Offshore Production Sharing Contract, Production Sharing Contract

Moveable Property. Subject to Section 14.213.2, whenever the Contractor relinquishes any part of the Contract Area, all moveable property located within the part of the Contract Area so relinquished, may be removed to any part of the Contract Area that has been retained.

Appears in 1 contract

Sources: Production Sharing Contract