Common use of Accounting Provisions Clause in Contracts

Accounting Provisions. The unit operator shall pay in the first instance all costs and expenses incurred in conducting unit operations hereunder, and such costs and expenses and the working interest benefits accruing hereunder shall be apportioned among the owners of the unitized working interests in accordance with an operating agreement entered into by and between the unit operator and the owners of such interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the unit operator as provided in this section, whether one or more, are herein referred to as the "Operating Agreement". No such agreement shall be deemed either to modify any of the terms and conditions of this unit agreement or to relieve the unit operator of any right or obligation established under this unit agreement and in case of any inconsistencies or conflict between this unit agreement and the operating agreement, this unit agreement shall prevail.

Accounting Provisions. The unit operator shall pay in the first fust instance all costs and expenses incurred in conducting unit operations hereunder, and such costs and expenses and the working interest benefits accruing hereunder shall be apportioned among the owners of the ofthe unitized working interests in accordance with an with'an operating agreement entered into by and between the unit operator and the owners operutorand (he owners' - of such interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners . and the unit operator as provided in this section, whether one or more, are ore herein referred to as the "Operating Agreement". No such agreement shall be deemed either to citherto modify any of the ofthe terms and conditions of this ofthis unit agreement or to relieve the unit operator of any ofany right or obligation established . under this unit agreement and in case of any ofany inconsistencies or conflict between this unit agreement and the operating agreement, this unit agreement shall prevail.;

Accounting Provisions. The unit operator shall pay in the first instance all costs and expenses incurred in conducting unit operations hereunder, and such costs and expenses and the working interest benefits accruing hereunder shall be apportioned among the owners of the unitized working interests in accordance with an operating agreement entered into by and between the unit operator and the owners of such interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the unit operator as provided in this section, whether one or more, are herein referred to as the "Operating Agreement"”. No such agreement shall be deemed either to modify any of the terms and conditions of this unit agreement or to relieve the unit operator of any right or obligation established under this unit agreement and in case of any ease ofany inconsistencies or conflict between this unit agreement and the operating agreement, this unit agreement shall prevail.

Accounting Provisions. The unit operator shall pay in the first instance all costs and expenses incurred in conducting unit operations hereunder, and such costs and expenses and the working interest benefits accruing hereunder shall be apportioned among the owners of the ofthe unitized working interests in accordance with an operating agreement entered into by and between the unit operator and the owners of such ofsuch interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the unit operator as provided in this section, whether one or more, are herein referred to as the "Operating Agreement". No such agreement shall be deemed either to modify any of the ofthe terms and conditions of this ofthis unit agreement or to relieve the unit operator of any right or obligation established under this unit agreement and in case of any ofany inconsistencies or conflict between this unit agreement and the operating agreement, this unit agreement shall prevail.

Accounting Provisions. The unit operator shall pay in the first instance all costs and expenses incurred in conducting unit operations hereunder, and such costs and expenses and the working interest benefits accruing hereunder shall be apportioned among the owners of the ofthe unitized working interests in accordance with an operating agreement entered into by and between the (he unit operator and the owners of such interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the unit operator as provided in this section, whether one or more, are herein referred to as the "‘Operating Agreement". No such agreement shall be deemed either to modify any of the ofthe terms and conditions of this ofthis unit agreement or to relieve the unit operator of any ofany right or obligation established under this unit agreement and in case of any ofany inconsistencies or conflict between this unit agreement and the operating agreement, this unit agreement shall prevail.

Accounting Provisions. The unit operator shall pay in the first instance all costs and expenses incurred in conducting unit operations hereunder, and such costs and expenses and the working interest benefits accruing hereunder shall be apportioned among the owners of the unitized working interests in accordance with an operating agreement entered into by and between the unit operator and the owners of such interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the unit operator as provided in this section, whether one or more, are herein referred to as the "Operating Agreement". No such agreement shall be deemed either to modify any of the terms and conditions of this ofthis unit agreement or to relieve the unit operator of any right or obligation established under this unit agreement and in case of any inconsistencies or conflict between this unit agreement and the operating agreement, this unit agreement shall prevail.