Common use of Twenty Clause in Contracts

Twenty. Five (25) days before the commencement of production from the Contract Area and thereafter not later than twenty-five (25) days before the beginning of each month, each Party shall notify the other of its Primary Nomination of Available Crude Oil which it intend(s) to

Twenty. Five (25) days before the commencement of production Production from the Contract Area and thereafter not later than twenty-five (25) days before the beginning of each month, each Party shall notify the other company of its Primary Nomination of Available Crude Oil which it intend(s) toto lift during the ensuing month, which shall not exceed its monthly allocation of Commercial Production Quota plus Opening Stock.