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 CONTRACTOR's obligations conducted under the Contract, together with all expenditures incurred and paid in settlement of any and all losses, claims, damages, judgments, and other expenses, including fees relating to CONTRACTOR's obligation under the Contract.

Appears in 3 contracts

Samples: Production Sharing Contract, Production Sharing Contract, 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 CONTRACTORthe contractor's obligations conducted under the Contractcontract, together with all expenditures incurred and paid in settlement of any and all losses, claims, damages, judgments, judgements and other expenses, including fees relating to CONTRACTORthe contractor's obligation obligations under the Contractcontract.

Appears in 3 contracts

Samples: Treaty, Treaty, Treaty

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

Appears in 1 contract

Samples: Production Sharing Contract (Geopetro Resources Co)

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

Appears in 1 contract

Samples: Production Sharing Contract (Saba Petroleum Co)

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

Appears in 1 contract

Samples: Production Sharing Contract (Geopetro Resources Co)

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