Common use of THIRD PARTY INSPECTION Clause in Contracts

THIRD PARTY INSPECTION. An independent inspector is to be appointed to carry out inspection duties outlined in American Petroleum Institute - Manual of Petroleum Measurement Standards (API - MPMS) for all shipments of Kirkuk crude oil loaded from Ceyhan Terminal. Both First Party and Second Party shall equally share the inspection fees.

Appears in 6 contracts

Sources: Development and Production Contract, Development and Production Contract, Development and Production Contract