Common use of Minus Operating Costs Clause in Contracts

Minus Operating Costs. For this computation, neither any expenditure incurred prior to the date of Commercial Discovery for the Contract Area nor any Exploration Expenditure shall be included in the computation of the Contractor’s net cash flow.

Appears in 4 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract (Kosmos Energy Ltd.)

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Minus Operating Costs. For this computation, neither any expenditure incurred prior to the date of Commercial Discovery for the a Contract Area nor any Exploration Expenditure shall be included in the computation of the Contractor’s net cash flow.

Appears in 1 contract

Samples: Production Sharing Contract (Kosmos Energy Ltd.)

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Minus Operating Costs. For this computation, neither any expenditure incurred prior to the date of Commercial Discovery for the Contract Area nor any Exploration Expenditure shall be included inc1uded in the computation of the ofthe Contractor’s 's net cash flow.

Appears in 1 contract

Samples: Production Sharing Contract

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