Perenco definition
Examples of Perenco in a sentence
The Company shall have the right, at any time after the Perenco Contract has been terminated, to redeem the Series A Special Units in whole from any source of funds legally available for such purpose.
If SNH or Perenco commences arbitration otherwise than jointly with the other, the arbitrator appointed by it shall be deemed to have been appointed with the agreement of the other.
SNH, Perenco, Golar and Golar Cam, and their respective successors and permitted assignees (if any), may sometimes individually be referred to throughout this Agreement as a “Party” and collectively as the “Parties” (and, where the context requires, each of SNH and Perenco may together be referred to as a single Party, and each of Golar and Golar Cam may together be referred to as a single Party).
Seller or Nuevo Energy may initiate dispute resolution procedures by sending written notice to Buyer and/or Perenco or Buyer or Perenco may initiate dispute resolution procedures by sending written notice to Seller and/or Nuevo Energy (in each case the Party receiving such notice, the “Receiving Party”) specifically stating the claiming Party’s claim and requesting dispute resolution.
In determining this amount, the parties shall consider, among other things, (i) the then-recent history of Incremental Perenco Revenues, (ii) the remaining term under the Perenco Contract and reasonable estimates for future Incremental Perenco Revenues, (iii) the then-current price of ▇▇▇▇▇ Crude and reasonable estimates of future ▇▇▇▇▇ Crude prices and (iv) Series A Distributions paid for all prior Series A Distribution Periods.
Perenco is designated as Operator in this Agreement, and agrees to act as such.
If the Parties are unable to agree upon a single arbitrator, Buyer, on behalf of Buyer and Perenco, and Seller, on behalf of Seller and Nuevo Energy, shall each select a natural person who meets the qualifications for the arbitrator.
To the knowledge of Golar and Keppel, as of the Closing Date, the LTA will be a valid and binding agreement of Perenco and SNH, enforceable against Perenco and SNH in accordance with its terms, except as may be limited by the Enforceability Exceptions.
Hilli Corp, Golar Cam, Perenco, the Republic of Cameroon and SNH are parties to a Gas Agreement, dated September 30, 2015 (the “Gas Agreement”), which provides the technical, legal, financial and economic conditions for the FLNG export project in Cameroon which includes the Vessel.
In determining this amount, the parties shall consider, among other things, (i) the then-recent history of Incremental Perenco Revenues, (ii) the remaining term under the Perenco Contract and reasonable estimates for future Incremental Perenco Revenues, (iii) the then-current ▇▇▇▇▇ Crude Price and reasonable estimates of future ▇▇▇▇▇ Crude prices and (iv) Series A Distributions paid for all prior Series A Distribution Periods.