Common use of Additional Signature Bonus Clause in Contracts

Additional Signature Bonus. An additional signature bonus based on cumulative production obtained in this block shall be payable to the State by deposit into the National Petroleum Account within thirty (30) days of achieving the relevant production level as follows: Cumulative Production (MBO ) Bonus (US$ million) 50 3 100 3 150 3 250 5 350 5 450 10 750 15 1000 15

Appears in 2 contracts

Samples: resourcecontracts.org, Kosmos Energy Ltd.

AutoNDA by SimpleDocs

Additional Signature Bonus. An additional signature bonus based on cumulative production obtained in this block shall be payable to the State by deposit into the National Petroleum Account within thirty (30) days of achieving the relevant production level as follows: Cumulative Production (MBO MBO) Bonus (US$ million) 50 3 100 3 150 3 250 5 350 5 450 10 500 10 750 15 1000 15

Appears in 1 contract

Samples: Kosmos Energy Ltd.

AutoNDA by SimpleDocs

Additional Signature Bonus. An additional signature bonus based on cumulative production obtained in this block shall be payable to the State by deposit into the National Petroleum Account within thirty (30) days of achieving the relevant production level as follows: Cumulative Production (MBO MBO) Bonus (US$ million) 50 3 100 3 150 3 250 5 350 5 450 10 750 15 1000 15

Appears in 1 contract

Samples: www.resourcecontracts.org:443

Time is Money Join Law Insider Premium to draft better contracts faster.