Interest Recovery. Interest on loans obtained by CONTRACTOR from Affiliates or parent companies or from third party non-affiliates at rates not exceeding prevailing commercial rates for capital investment in Petroleum Operations may be recoverable as Operating Costs. Details of any financing plan and amounts must be included in each Year's Budget of Operating Costs for the prior approval of PERTAMINA. All other financing must also be approved by PERTAMINA.
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Samples: www.resourcecontracts.org:443, www.sec.gov, Geopetro Resources Co
Interest Recovery. Interest on loans obtained by CONTRACTOR from Affiliates or parent companies or from third party non-affiliates at rates not exceeding prevailing commercial rates for capital investment investments in Petroleum Operations may be recoverable as Operating Costs. Details of any financing plan and amounts must be included in each Year's year’s Budget of Operating Costs for the prior approval of PERTAMINA. All other financing must also be approved by PERTAMINA.
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Samples: Technical Assistance Contract (Indonesia Energy Corp LTD)
Interest Recovery. Interest on loans obtained by CONTRACTOR a Party from Affiliates or parent companies or from third party non-affiliates at rates not exceeding prevailing commercial rates for capital investment investments in Petroleum Operations may be recoverable as Operating Costs. Details of any financing plan and amounts must be included in each Yearyear's Budget of Operating Costs for the prior approval of PERTAMINA. All other financing must also be approved by PERTAMINA.. 3.3
Appears in 1 contract
Samples: Contract (Geopetro Resources Co)
Interest Recovery. Interest on loans obtained by CONTRACTOR a Party from Affiliates or parent companies or from third party non-affiliates at rates not exceeding prevailing commercial rates for capital investment investments in Petroleum Operations may be recoverable as Operating Costs. Details of any financing plan and amounts must be included in each Year's year’s Budget of Operating Costs for the prior approval of PERTAMINA. All other financing must also be approved by PERTAMINA.
Appears in 1 contract
Samples: Geopetro Resources Co
Interest Recovery. Interest on loans obtained by CONTRACTOR a Party from Affiliates or parent companies or from third party non-affiliates at rates not exceeding prevailing commercial rates for capital investment investments in Petroleum Operations petroleum operations may be recoverable as Operating Costsoperating costs. Details of any financing plan and amounts amount must be included in each Year's Budget Years budget of Operating Costs for the prior approval of PERTAMINA. All other financing must also be approved by PERTAMINA.
Appears in 1 contract
