Common use of DUTY OF CONTRIBUTION Clause in Contracts

DUTY OF CONTRIBUTION. 8.1 The Parties are obliged to provide sufficient funds to cover all expenses relating to the activities of the joint venture. Unless otherwise specified in the Production Licence, the amount to be contributed by each Party shall be calculated in accordance with the Participating interest at the time the payment is made.

Appears in 3 contracts

Samples: www.regjeringen.no, www.regjeringen.no, www.regjeringen.no

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DUTY OF CONTRIBUTION. 8.1 The 10.1The Parties are obliged to provide sufficient funds to cover all expenses relating to the activities of the joint venture. Unless otherwise specified in the Production Licence, the amount to be contributed by each Party shall be calculated in accordance with the Participating interest at the time the payment is made.

Appears in 1 contract

Samples: www.regjeringen.no

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DUTY OF CONTRIBUTION. 8.1 The Parties are obliged to provide sufficient funds to cover all expenses relating to the activities of the joint venture. Unless otherwise specified in the Production Licence, the amount to be contributed by each Party shall be calculated in accordance with the Participating interest at the time the payment is made.

Appears in 1 contract

Samples: nea.is

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