Common use of Projected capacity Clause in Contracts

Projected capacity. Approximate date of commencement of the construction and duration thereof. Within ninety (90) days starting on the date of notification, the other Party shall have the right to decide whether it intends to participate in the projected additional facilities, by giving written notice. In the event that such Party should elect to not participate in the additional facilities, or does not reply to the Participating Party’s proposal, hereinafter “the Constructing Party”, the latter may proceed with the additional facilities and will instruct the Operator to build, operate, and maintain such facilities at the exclusive risk and expense of the Constructing Party, without prejudice to the normal development of the Joint Operation. The Constructing Party may negotiate the use of such facilities for the Joint Operations, with the other Party. During the time the facilities are operated at the risk and expense of the Constructing Party, the Operator shall charge such Party for all operating and maintenance costs of the additional facilities, in accordance with generally accepted accounting practices.

Projected capacity. 21.4.3 Approximate date of commencement of the construction and duration thereof. Within ninety (90) days starting on the date of notification, the other Party shall have the right to decide whether it intends to participate in the projected additional facilities, by giving written notice. In the event that such Party should elect to not participate in the additional facilities, or does not reply to the Participating Party’s proposal, hereinafter “the Constructing Party”, the latter may proceed with the additional facilities and will instruct the Operator to build, operate, and maintain such facilities at the exclusive risk and expense of the Constructing Party, without prejudice to the normal development of the Joint Operation. The Constructing Party may negotiate the use of such facilities for the Joint Operations, with the other Party. During the time the facilities are operated at the risk and expense of the Constructing Party, the Operator shall charge such Party for all operating and maintenance costs of the additional facilities, in accordance with generally accepted accounting practices.

Projected capacity. Approximate date of commencement and length of the construction and duration thereof. Within ninety (90) days starting on from the date of notificationnotice, the other Party shall have has the right to decide whether or not it intends to will participate in the projected proposed additional facilities, by giving means of a written notice. In the event that If such Party should elect elects not to not participate in the additional facilities, or does not fails to reply to the Participating Party’s proposal, 's Proposal- which Party shall hereinafter “be called the Constructing Party”Party , the latter may proceed with the additional facilities and will instruct the request Operator to buildconstruct, operate, operate and maintain such facilities Facilities at the exclusive sole cost and risk and expense of the Constructing Party, without prejudice to the normal development performance of the Joint OperationOperations. The Constructing constructing Party may negotiate with the other Party for the use of such said facilities for the Joint Operations, with the other PartyOperation. During the time the facilities are operated at the risk and expense of for the Constructing Party's sole account and risk, the Operator shall charge such Party for to the latter all operating the costs of operation and maintenance costs of the additional facilities, in accordance with generally accepted accounting practicesrules.