Common use of Signature Bonus Clause in Contracts

Signature Bonus. Commercial Royalties paid to Affiliates; Additional information obtained pursuant to paragraph 2.4.3 of Xxxxx XX; Financial charges and amortization of loans and financings; Research, development, and innovation contracted under Section Seven of the Agreement; Fixed assets not directly related to the activities established in paragraph 3.1; Judicial and extrajudicial costs, reconciliations, arbitrations, expert examinations, attorney’s fees, loss of suit expenses, and indemnifications resulting from court decision or arbitration award, even if merely by judicial settlement approval, as well as extrajudicial settlement, when resulting from litigations involving the Contracting Party, ANP or the Manager, in different capacities; Fines, sanctions, and penalties of any kind; Replacement of properties, equipment, and supplies lost, damaged, or destroyed due to act of God, force majeure, or similar causes, as well as willful misconduct, malpractice, negligence, or imprudence by the Operator, its agents, contractors, Affiliates, or associates and related services; Downtime resulting from item “j”, Income taxes, as well as taxes levied on acquisitions and generating credits that may be used by the Contractor; Commercialization or Transportation of Oil and Gas, except for those related to Production outflow; Items covered by the percentage defined in paragraph 3.2.1 of this Annex. Tax credits arising from the non-cumulative nature aiming at the recovery of the tax burden levied on the previous phase that may be used by the Contractor, except for credits required to be cancelled or reversed. Performance guarantees, financial guarantees for compliance with the Minimum Exploration Program and as consideration for the extension of the Exploration Phase, and decommissioning and abandonment guarantees, except for the financial support fund. Award paid by the Contractors not adhering, at first, to the Operations with Exclusive Risk.

Signature Bonus. Commercial Royalties paid to Affiliates; Additional information obtained pursuant to paragraph 2.4.3 of Xxxxx XXAnnex XI; Financial charges and amortization of loans and financings; Research, development, and innovation contracted under Section Seven of the Agreement; Fixed assets not directly related to the activities established in paragraph 3.1; Judicial and extrajudicial costs, reconciliations, arbitrations, expert examinations, attorney’s fees, loss of suit expenses, and indemnifications resulting from court decision or arbitration award, even if merely by judicial settlement approval, as well as extrajudicial settlement, when resulting from litigations involving the Contracting Party, ANP or the Manager, in different capacities; Fines, sanctions, and penalties of any kind; Replacement of properties, equipment, and supplies lost, damaged, or destroyed due to act of God, force majeure, or similar causes, as well as willful misconduct, malpractice, negligence, or imprudence by the Operator, its agents, contractors, Affiliates, or associates and related services; Downtime resulting from item “j”, Income taxes, as well as taxes levied on acquisitions and generating credits that may be used by the Contractor; Commercialization or Transportation of Oil and Gas, except for those related to Production outflow; Items covered by the percentage defined in paragraph 3.2.1 of this Annex. Tax credits arising from the non-cumulative nature aiming at the recovery of the tax burden levied on the previous phase that may be used by the Contractor, except for credits required to be cancelled or reversed. Performance guarantees, financial guarantees for compliance with the Minimum Exploration Program and as consideration for the extension of the Exploration Phase, and decommissioning and abandonment guarantees, except for the financial support fund. Award paid by the Contractors not adhering, at first, to the Operations with Exclusive Risk.