Common use of Cash Contributions Clause in Contracts

Cash Contributions. If a Party receives a cash contribution for drilling a well on the Contract Area or conducting an activity or operation on the Contract Area, the cash contribution shall be paid to Operator, and Operator shall credit the amount thereof to the Parties in proportion to their Participating Interests in the well or the Platform and/or Development Facilities. If the well is a Non-consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1 (a) before computation of the amount to be recouped out of Hydrocarbon production.

Cash Contributions. If In the event a Party receives a cash contribution for toward the drilling of a well on the Contract Area or conducting an activity or operation on the Contract Areawell, the said cash contribution shall be paid to Operator, Operator and Operator shall credit the amount thereof to the Parties in proportion to their Participating Interests Interest in the well or the Platform and/or Development Facilitiessuch well. If the such well is a Non-consent Consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1 (a) before computation of the amount to be recouped out of Hydrocarbon productionSection 12.2.a.

Cash Contributions. If a Party receives a cash contribution for drilling a well on the Contract Area or conducting an activity or operation on the Contract Area, the cash contribution shall be paid to Operator, and Operator shall credit the amount thereof to the Parties in proportion to their Participating Interests in the well or the Platform and/or Development Facilities. If the well is a Non-consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1 (a) before computation of the amount to be recouped out of Hydrocarbon production.ST/WD EPA JOA 56

Cash Contributions. If a Party receives a cash contribution for drilling a well on the Contract Area or conducting an activity or operation on the Contract Area, the cash contribution shall be paid to Operator, and Operator shall credit the amount thereof to the Parties in proportion to their Participating Interests in the well or the Platform and/or Development Facilities. If the well is a Non-consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1MP 30 EPA JOA 58 (a) before computation of the amount to be recouped out of Hydrocarbon production.

Cash Contributions. If a Party receives a cash contribution for drilling a well on the Contract Area or conducting an activity or operation on the Contract AreaLease, the cash contribution shall be paid to Operator, Operator and Operator shall credit the amount thereof to the Parties in proportion to their Participating Interests in the well or the Platform and/or Development Facilitieswell. If the well is a Non-consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1 (aA) before computation of the amount to be recouped out of Hydrocarbon production.

Cash Contributions. If a Party receives a cash contribution for drilling a well on the Contract Area Lease or conducting an activity or operation on the Contract AreaLease, the cash contribution shall be paid to Operator, and Operator shall credit the amount thereof to the Parties in proportion to their Participating Interests in the well or the Platform and/or Development Facilities. If the well is a Non-consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1 (a) before computation of the amount to be recouped out of Hydrocarbon production.

Cash Contributions. If In the event a Party receives contracts for a cash contribution for toward the drilling of a well on the Contract Area or conducting an activity or operation on the Contract Areawell, the said cash contribution shall be paid to Operator, Operator and Operator shall credit apply the amount thereof to against the Parties in proportion to their Participating Interests in the well or the Platform and/or Development Facilitiescost of such drilling. If the such well is a Non-consent Consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1 (a) before computation of the amount to be recouped out of Hydrocarbon productionSection 12.2.1.(a).

Cash Contributions. If a Party receives a cash contribution for drilling a well on the Contract Area Lease or conducting an activity or operation on the Contract AreaLease, the cash contribution shall be paid to Operator, and Operator shall credit the amount thereof to the Parties in proportion to their Participating Interests in the well or the Platform and/or Development Facilities. If the well is a Non-consent Well, the amount of the contribution shall be deducted from the cost specified in Article 13.2.1 (a13.2.1(a) before computation of the amount to be recouped out of Hydrocarbon production.