Common use of First Level Clause in Contracts

First Level. Crude from royalties of the Nation that comes from the fields served by the Pipeline, the Volume of which will be of up t twenty per cent (20%) of the Pipeline’s Design Capacity.

Appears in 3 contracts

Sources: Crude Oil Transportation Agreement (Gran Tierra Energy Inc.), Crude Oil Transportation Agreement (Gran Tierra Energy Inc.), Crude Oil Transportation Agreement (Gran Tierra Energy Inc.)