Availability of Production Sample Clauses

Availability of Production. 12.4 The ownership of the measured volumes of Oil and Natural Gas pursuant to paragraph 12.1 12.1 will be given to the Concessionaire at the measurement point of production.
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Availability of Production. The ownership of the measured volumes of Oil and Natural Gas pursuant to paragraph 4.1 will be given to the Contracted Party at the production sharing point. Taking into account the provisions in paragraph 4.8, it is ensured to the Contracted Party the free provision of the volumes of Oil and Natural Gas it is granted with. The availability of the volume of Oil and Natural Gas produced will be carried out in accordance with the guidelines in Annex VII- Procedures for Determination of the Cost and Profit Oil, and in accordance with the Agreement for Provision of Production to be signed between the Consortium Members before the start of any production. While the agreement provided in the caput is not signed, the principles set out in Annex XI – Rules of Consortium will be applied. Supply to the Domestic Market In emergency situations that might put at risk the national supply of oil and Natural Gas, as well as their derivatives, ANP may determine the Contracted Party to limit its exports of these hydrocarbons. It is considered as emergency situation that thus decreed by the President of the Republic. The share of production with limited export should be directed to the supply of the Brazilian market or the composition of strategic inventory for the country. ANP will formally notify the Contracted Party regarding the limitation of exports with a minimum notice of 30 (thirty) days. The share of production related to the restriction on the free provision will, every month, be determined in relation to the share proportion by the Contracted Party on the national production of Oil and Natural Gas in the immediately preceding month.
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Availability of Production. 17.5. The Contractors are assured the free availability of the volumes of Oil and Natural Gas granted to them, except as provided in paragraph 17.7.
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Availability of Production. 14.1. ESTABLISHMENT OF VOLUMES THE Hydrocarbons produced, with the exception of those that have been used to the benefit of the operations pursuant hereto, that are unavoidably wasted in such functions, shall be transported by the CONTRACTOR to the Point of Delivery. The Hydrocarbons shall be measured pursuant to the procedure set forth in number 13.1 hereto, and based upon such measurement, the royalty volumes pursuant to Clause 12, and the remaining Hydrocarbons, which belong to the CONTRACTOR, shall be determined.
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Related to Availability of Production

  • Availability of Information To make DHCS PI and PII available to the DHCS and/or 15 COUNTY for purposes of oversight, inspection, amendment, and response to requests for records, 16 injunctions, judgments, and orders for production of DHCS PI and PII. If CONTRACTOR receives 17 DHCS PII, upon request by COUNTY and/or DHCS, CONTRACTOR shall provide COUNTY and/or 18 DHCS with a list of all employees, contractors and agents who have access to DHCS PII, including 19 employees, contractors and agents of its subcontractors and agents.

  • Availability of Funds Unless Administrative Agent shall have been notified by any Lender prior to the applicable Credit Date that such Lender does not intend to make available to Administrative Agent the amount of such Lender’s Loan requested on such Credit Date, Administrative Agent may assume that such Lender has made such amount available to Administrative Agent on such Credit Date and Administrative Agent may, in its sole discretion, but shall not be obligated to, make available to Borrower a corresponding amount on such Credit Date. If such corresponding amount is not in fact made available to Administrative Agent by such Lender, Administrative Agent shall be entitled to recover such corresponding amount on demand from such Lender together with interest thereon, for each day from such Credit Date until the date such amount is paid to Administrative Agent, at the customary rate set by Administrative Agent for the correction of errors among banks for three Business Days and thereafter at the Base Rate. If such Lender does not pay such corresponding amount forthwith upon Administrative Agent’s demand therefor, Administrative Agent shall promptly notify Borrower and Borrower shall immediately pay such corresponding amount to Administrative Agent together with interest thereon, for each day from such Credit Date until the date such amount is paid to Administrative Agent, at the rate payable hereunder for Base Rate Loans for such Class of Loans. Nothing in this Section 2.5(b) shall be deemed to relieve any Lender from its obligation to fulfill its Term Loan Commitments and Revolving Commitments hereunder or to prejudice any rights that Borrower may have against any Lender as a result of any default by such Lender hereunder.

  • Reservation and Availability of Common Shares (a) The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued Common Shares or any authorized and issued Common Shares held in its treasury, the number of Common Shares that will be sufficient to permit the exercise in full of all outstanding Rights in accordance with Section 7.

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