Cash Contributions. In the event a PARTY receives a cash contribution toward the drilling of a well, said cash contribution shall be paid to OPERATOR and OPERATOR shall credit the amount thereof to the PARTIES in proportion to their PARTICIPATING INTEREST.
Appears in 6 contracts
Samples: Joint Operating Agreement (Ridgewood Energy K Fund LLC), Oil and Gas Lease Agreement (Beta Oil & Gas Inc), Undivided Interest Agreement (Beta Oil & Gas Inc)