Common use of Moving Rate Clause in Contracts

Moving Rate. During the time the rig is in transit to or from a drill site, or between drill sites, commencing on SPUD, Operator shall pay Contractor a sum of $14,000 per twenty-four (24) hour day.

Moving Rate. During the time the rig is in transit to or from a drill site, or between drill sites, commencing on SPUD, Operator shall pay Contractor a sum of $14,000 12,400 per twenty-four (24) hour day.

Moving Rate. During the time the rig is in transit to or from a drill site, or between drill sites, commencing on SPUDSpud , Operator shall pay Contractor a sum of $14,000 $ per twenty-four (24) hour day.

Moving Rate. During the time the rig is in transit to or from a drill site, or between drill sites, commencing on SPUDAFTER RIG RELEASE, Operator shall pay Contractor a sum of $14,000 12,000.00 per twenty-four (24) hour dayday plus actual, third party moving costs incurred by Contractor, without duplication of other amounts paid hereunder.