Common use of Projected capacity Clause in Contracts

Projected capacity. Approximate starting date of the construction and duration thereof. Within ninety (90) days counted as from the date of the notice, the other Party, through a written notice, shall be entitled to decide whether it participates in the projected additional facilities. In the event said Party chooses not to participate in the additional facilities, or does not reply to the proposal of the participating Party, hereinafter called the constructor Party, the latter may proceed with the additional facilities and order the Operator to construct, operate and maintain said facilities at the exclusive expense and risk of the constructor Party, without prejudice to the normal development of the Joint Operations. The constructor Party may negotiate with the other Party the use of said facilities for the Joint Venture. During the time that the facilities are operated for the account and risk of the constructor Party, the Operator shall charge it for all the operating and maintenance costs of the additional facilities in accordance with the generally accepted accounting standards. CHAPTER V - JOINT ACCOUNT

Projected capacity. Approximate starting date of the initiation of the construction and duration thereofof the same. Within ninety (90) calendar days counted as from the date of the noticenotification, the other Party, through a by written notice, shall be entitled has the right to decide whether if it participates in the projected additional facilitiesfacilities projected. In the event said case in which such Party chooses decides not to participate in the additional facilities, or does not reply gives no answer to the proposal of the participating Party, from hereinafter called referred to as the constructor constructing Party, the latter it may proceed with the additional facilities installations and order the Operator to constructbuild, operate and maintain said such facilities at the exclusive expense cost and risk of the constructor constructing Party, without prejudice to the normal development of the Joint Operations. The constructor constructing Party may negotiate with the other Party the use of said such facilities for the Joint VentureOperation. During the time that in which the facilities are operated for on the constructing Party sole account and risk of the constructor Partyrisk, the Operator shall charge it for this party all the operating operation and maintenance costs of the additional facilities in accordance with pursuant to the accounting standards generally accepted accounting standardsaccepted. CHAPTER V - JOINT ACCOUNT

Projected capacity. Approximate starting date of the commencement of construction operations and duration thereofof same. Within ninety (90) days counted as starting from the date day of the notice, the other Party, through a written notice, shall be entitled has the right to decide whether it participates to participate in the projected additional facilitiesinstallations. In the event said Party chooses opts to not to participate in the additional facilitiesinstallations, or does not reply to the proposal of the participating Party, hereinafter called referred to as the constructor Construction Party, and the latter may shall proceed with the additional facilities installations and may order the Operator to construct, operate and maintain said facilities installations at the exclusive sole expense and risk of the constructor constructing Party, without prejudice to prejudicing the normal development of the Joint Operations. The constructor Construction Party may shall be able to negotiate with the other Party the use of said facilities installations for the Joint VentureOperation. During the time that in which the facilities installations are operated for the account at cost and risk of the constructor Construction Party, the Operator shall charge it for to the Construction Party all the operating operation and maintenance costs of for the additional facilities installations in accordance with the generally accepted accounting standards. CHAPTER V - JOINT ACCOUNTACCOUNT CLAUSE 22 - MANAGEMENT