Costs Recoverable Without Further Approval of the GOVERNMENT. Petroleum Costs incurred by the CONTRACTOR pursuant to the Contract as classified under the headings referred to in Paragraph 2 shall be recoverable for the purpose of Article 25 of the Contract (except to the extent provided in Paragraph 4 or elsewhere in this Annex), subject to audit as provided for in Article 15 and in Paragraph 1.6.
Costs Recoverable Without Further Approval of the GOVERNMENT. Subject to the provisions of the Agreement, Licensee shall bear and pay the following costs and expenses in respect of the Petroleum Operations. These costs and expenses will be classified under the headings referred to in paragraph 2 of this Annex. They are recoverable Contract Expenses by Licensee under the Agreement.
