Common use of Disposal of Materials Clause in Contracts

Disposal of Materials. Contractor and Operator shall inform the JMC or BOD and NOC of any excess or disposable Materials. NOC shall instruct Operator on the action then required. Any proceeds of disposal of such Materials shall be credited to the Operating Account.

Disposal of Materials. Contractor and Operator shall inform the JMC or BOD and NOC SOC of any excess or disposable Materials. NOC SOC shall instruct Operator on the action then required. Any proceeds of disposal of such Materials shall be credited to the Operating Account.