Common use of Accounting Analyses Clause in Contracts

Accounting Analyses. 4.1 The Contractor and the National Petroleum Agency sha11 agree within three (3) months on a format for monthly accounting analysis reflecting the volumes lifted in terms of Royalty Oil, Cost Oil, and Profit Oil, and Proceeds received by each Party. 4.2 The Realizable Price and the quantities actually lifted by the Parties shall be used to compute the Proceeds as reflected in the agreed monthly accounting analysis format in Article 4.1 above and the allocation of such Proceeds in the categories described under Clause 10 of the Contract shall be reflected. 4.3 The allocation of the quantity of Available Crude Oil to each Party pursuant to Clause 10 of the Contract sha11 be according to and governed by provisions of the Allocation and Lifting Procedures. 4.4 The priority of a11ocation of the total Proceeds for each period shall be as fo11ows: (a) Royalty Oil; (b)

Accounting Analyses. 4.1 The Contractor and the National Petroleum Agency sha11 shall agree within three (3) months on a format for monthly accounting analysis reflecting the volumes lifted in terms of Royalty Oil, Cost Oil, and Profit Oil, and Proceeds received by each Party. 4.2 The Realizable Price and the quantities actually lifted by the Parties shall be used to compute the Proceeds as reflected in the agreed monthly accounting analysis format in Article 4.1 above and the allocation of such Proceeds in the categories described under Clause 10 of the Contract shall be reflected. 4.3 The allocation of the quantity of Available Crude Oil to each Party pursuant to Clause 10 of the Contract sha11 shall be according to and governed by provisions of the Allocation and Lifting Procedures. 4.4 The priority of a11ocation allocation of the total Proceeds for each period shall be as fo11ows: follows: (a) Royalty Oil; ; (b)) Cost Oil; and

Accounting Analyses. 4.1 The Contractor and the National Petroleum Agency sha11 shall agree within three (3) months on a format for monthly accounting analysis reflecting the volumes lifted in terms of Royalty Oil, Cost Oil, and Profit Oil, and Proceeds received by each Party. 4.2 The Realizable Price and the quantities actually lifted by the Parties shall be used to compute the Proceeds proceeds as reflected in the agreed monthly accounting analysis format in Article 4.1 above and the allocation of such Proceeds in the categories described under Clause 10 of the Contract shall be reflected. 4.3 The allocation of the quantity of Available Crude Oil to each Party pursuant to Clause 10 of the Contract sha11 shall be according to and governed by provisions of the Allocation and Lifting ProceduresProcedure Principles. 4.4 The priority of a11ocation allocation of the total Proceeds proceeds for each period shall be as fo11ows: (a) Royalty Oil; (b)follows:

Accounting Analyses. 4.1 The Contractor and the National Petroleum Agency sha11 shall agree within three (3) months on a format for monthly accounting analysis reflecting the volumes lifted in terms of Royalty Oil, Cost Oil, and Profit Oil, and Proceeds received by each Party. 4.2 The Realizable Price and the quantities actually lifted by the Parties shall be used to compute the Proceeds proceeds as reflected in the agreed monthly accounting analysis format in Article 4.1 above and the allocation of such Proceeds in the categories described under Clause 10 of the Contract shall be reflected. 4.3 The allocation of the quantity of Available Crude Oil to each Party pursuant to Clause 10 of the Contract sha11 shall be according to and governed by provisions of the Allocation and Lifting ProceduresProcedure Principles. 4.4 The priority of a11ocation allocation of the total Proceeds proceeds for each period shall be as fo11ows: follows: (a) Royalty Oil; ; (b)) Cost Oil; and