Sharing Points definition
Examples of Sharing Points in a sentence
The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates.
Such admission or issuance shall, in the case of a Class B Limited Partners, specify the Sharing Points applicable thereto.
Such admission or issuance shall, in the case of a Class B Limited Partner, specify the Sharing Points applicable thereto.
The Oil and Natural Gas Sharing Points will be defined for each Module of the Development Phase in the Development Plan.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ -------------------------- -------------------------- ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Chief Executive Officer Chief Executive Officer EXHIBIT A --------- Online Program, Revenue, & Expense Sharing Points Revenue and Expense Sharing: ---------------------------- .
The Sharing Points of Petroleum and Natural Gas will be defined in the design of each Module of the Stage of Development and will coincide with the location where the Consortium will physically provide the plot of Production corresponding to each Consortium Member or to whom he indicates Any difference in volume that might occur between the Measuring Point and the Sharing Point will be considered as operating loss of sole responsibility of the Contracted Party, without right to recovery in the Cost Oil.
ANP will carry out the inspection of the measurement at the Sharing Points.
The Class A Limited Partner, in its sole discretion and without the consent of the Class B Limited Partner or the General Partner, may make additional Capital Contributions in excess of the Initial Contribution, provided that any such voluntary additional Capital Contributions will not have the effect of changing the Sharing Points of the Class B Limited Partner.
Such admission or issuance shall specify the Sharing Points applicable thereto.
The Class A Limited Partner, in its sole discretion and without the consent of any of the Class B Limited Partners or the General Partner, may make additional Capital Contributions in excess of $7,000,000, provided that any such voluntary additional Capital Contributions will not have the effect of changing the Sharing Points of any Class B Limited Partner.