Common use of Financing and Cost Recovery Clause in Contracts

Financing and Cost Recovery. 12.1 Funds required for the CBM Operations shall be raised by the Operator in accordance with Work Programs and budgets determined pursuant to the relevant provisions of the Contract, the provisions described in Annex II - Accounting Procedure hereto, and the provisions of this Article 12.1.

Appears in 3 contracts

Samples: resourcecontracts.org, Production Sharing Contract (Far East Energy Corp), Production Sharing Contract (Far East Energy Corp)

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Financing and Cost Recovery. 12.1 Funds required for the CBM Operations shall be raised by the Operator in accordance with Work Programs and budgets determined pursuant to the relevant provisions of the Contract, the provisions described in Annex II - Accounting Procedure hereto, and the provisions of this Article 12.1described here below.

Appears in 1 contract

Samples: Far East Energy Corp

Financing and Cost Recovery. 12.1 Funds required for the CBM Operations shall be raised by the Operator in accordance with Work Programs and budgets determined pursuant to the relevant provisions of the Contract, the provisions described in Annex II - Accounting Procedure hereto, and the provisions of this Article 12.1described here below. The Foreign Contractor shall use the U.S. dollars or other convertible currencies as its investment.

Appears in 1 contract

Samples: Pacific Asia Petroleum Inc

Financing and Cost Recovery. 12.1 Funds required for the CBM Operations shall be raised by the Operator Op­erator in accordance with Work Programs and budgets determined pursuant pur­suant to the relevant provisions of the Contract, the provisions described in Annex II - Accounting Ac­counting Procedure hereto, and the provisions of this Article 12.1described here below. Payment for the investment provided by the Contractor shall be made in U.S. dollars or other convertible currency.

Appears in 1 contract

Samples: Sharing Contract (Pacific Asia China Energy Inc.)

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Financing and Cost Recovery. 12.1 Funds required for the CBM Operations shall be raised by the Operator Op­erator in accordance with Work Programs and budgets determined pursuant pur­suant to the relevant provisions of the Contract, the provisions described in Annex II - Accounting Ac­counting Procedure hereto, and the provisions of this Article 12.1described here below.

Appears in 1 contract

Samples: Pacific Asia China Energy Inc.

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