Common use of Insurance and Claims Clause in Contracts

Insurance and Claims. Operating costs shall include premiums paid for insurance normally required to be carried for the petroleum operations relating to the contractor's obligations conducted under the contract, together with all expenditures incurred and paid in settlement of any and all losses, claims, damages, judgements and other expenses, including fees relating to the contractor's obligations under the contract.

Appears in 3 contracts

Samples: Treaty, Treaty, Treaty

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Insurance and Claims. Operating costs Costs shall include premiums paid for insurance normally required to be carried for the petroleum operations Petroleum Operations relating to the contractorCONTRACTOR's obligations conducted under the contractContract, together with all expenditures incurred and paid in settlement of any and all losses, claims, damages, judgements judgments, and other expenses, including fees relating to the contractorCONTRACTOR's obligations obligation under the contractContract.

Appears in 3 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract (Geopetro Resources Co)

Insurance and Claims. Operating costs Costs shall include premiums paid for insurance normally required to be carried for the petroleum operations Petroleum Operations relating to the contractorCONTRACTOR's obligations conducted under the contractContract, together with all expenditures incurred and paid in settlement of any and all losses, claims, damages, judgements judgment and other expenses, including fees relating to the contractorCONTRACTOR's obligations under the contractContract.

Appears in 1 contract

Samples: Production Sharing Contract (Geopetro Resources Co)

Insurance and Claims. Operating costs Costs shall include premiums paid for insurance normally required to be carried for the petroleum operations Petroleum Operations relating to the contractor's CONTRACTOR’s obligations conducted under the contractContract, together with all expenditures incurred and paid in settlement of any and all losses, claims, damages, judgements judgment and other expenses, including fees relating to the contractor's CONTRACTOR’s obligations under the contractContract.

Appears in 1 contract

Samples: Production Sharing Contract (Geopetro Resources Co)

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Insurance and Claims. Operating costs Costs shall include premiums paid for insurance normally required to be carried for the petroleum operations Petroleum Operations relating to the contractorCONTRACTOR's obligations conducted under the contractContract, together with all expenditures incurred and paid in settlement of any and all losses, claims, damages, judgements judgement and other expenses, including fees relating to the contractorCONTRACTOR's obligations under the contractContract.

Appears in 1 contract

Samples: Production Sharing Contract (Saba Petroleum Co)

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