Common use of Capital Expenditures under Development Plan Clause in Contracts

Capital Expenditures under Development Plan. All costs incurred and paid by Contractor under Development Plan approved by Xxxxxxxxxxx, will be recovered either in the Calendar Quarter in which the expenditure was incurred and paid (if incurred after first commercial production) or the Calendar Quarter in which first Commercial Production occurs (if incurred prior to first commercial production).s

Capital Expenditures under Development Plan. All costs incurred and paid by Contractor under an approved Development Plan approved by Xxxxxxxxxxx, will be recovered either in the Calendar Quarter Year in which the expenditure was incurred and paid (if incurred after first commercial productionCommercial Production) or the Calendar Quarter Year in which the first Commercial Production occurs (if incurred prior to first commercial production).sCommercial Production).

Capital Expenditures under Development Plan. All capital costs incurred and paid by Contractor under Development Plan approved by Xxxxxxxxxxx, will be recovered either in the Calendar Quarter in which the expenditure was incurred and paid (if incurred after first commercial productionCommercial Production) or the Calendar Quarter in which first Commercial Production occurs (if incurred prior to first commercial production).sCommercial Production).