Common use of Excess Funds and Cost Overruns - Tangible Costs Clause in Contracts

Excess Funds and Cost Overruns - Tangible Costs. Any estimated Tangible Costs (which are the Tangible Costs set forth on the AFE) prepaid by Developer with respect to any well which exceed Operator’s price specified in sub-section (a) above for the Tangible Costs of the well shall be retained by Operator and shall be applied, in proportion to the share of the Working Interest owned by the Developer in the xxxxx, to:

Appears in 2 contracts

Samples: Drilling and Operating Agreement (Atlas America Public #15-2005 (B) L.P.), Drilling and Operating Agreement (Atlas America Public #15-2005 Program)

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Excess Funds and Cost Overruns - Tangible Costs. Any estimated Tangible Costs (which are the Tangible Costs set forth on the AFE) prepaid paid by Developer with respect to any well which exceed Operator’s 's price specified in sub-section (a) above for the Tangible Costs of the well shall be retained by Operator and shall be applied, in proportion to the share of the Working Interest owned by the Developer in the xxxxx, applied to:

Appears in 2 contracts

Samples: Drilling and Operating Agreement (Atlas America Public 12 2003 Program), Escrow Agreement (Atlas America Public 11-2002 LTD)

Excess Funds and Cost Overruns - Tangible Costs. Any estimated Tangible Costs (Costs, which are the Tangible Costs set forth on the AFE) prepaid , paid by Developer with respect to any well which exceed Operator’s price specified in sub-section (a) above for the Tangible Costs of the well shall be retained by Operator and shall be applied, in proportion to the share of the Working Interest owned by the Developer in the xxxxx, applied to:

Appears in 1 contract

Samples: Drilling and Operating Agreement (Atlas America Public #14-2005 (A) LP)

Excess Funds and Cost Overruns - Tangible Costs. Any estimated Tangible Costs (which are the Tangible Costs set forth on the AFE) prepaid by Developer with respect to any well which that exceed Operator’s price specified in sub-section (a) above for the Tangible Costs of the well shall be retained by Operator and shall be applied, in proportion to the share of the Working Interest owned by the Developer in the xxxxxwxxxx, to:

Appears in 1 contract

Samples: Drilling and Operating Agreement (Atlas America Series 27-2006 LP)

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Excess Funds and Cost Overruns - Tangible Costs. Any estimated Tangible Costs (which are the Tangible Costs set forth on the AFE) prepaid by Developer with respect to any well which that exceed Operator’s price specified in sub-section (a) above for the Tangible Costs of the well shall be retained by Operator and shall be applied, in proportion to the share of the Working Interest owned by the Developer in the xxxxx, to:

Appears in 1 contract

Samples: Drilling and Operating Agreement (Atlas Resources Public #16-2007 (A) L.P.)

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