Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs will be as follows:
A. the expense of maintaining and operating Field Offices, less any revenue there from; and
B. that portion of maintaining and operating the Supervision Offices which is equal to I. the anticipated total operating expenses of the Supervision Offices divided by
Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs shall be as follows:
(A) the expense of maintaining and operating Field Offices, less any revenue therefrom; and
(B) that portion of maintaining and operating the Supervision Offices which is equal to
(1) the anticipated total operating expenses of the Supervision Offices divided by
(2) the anticipated total staff man days for the Employees whether in connection with the Mining Operations or not; multiplied by
(3) the actual total time spent on the Mining Operations by the Employee expressed in man days.
(ii) Without limiting generality, the anticipated total operating expenses of the Supervision Offices shall include:
(A) the salaries and wages of the Operator's Personnel which have been directly charged to the Supervision Offices;
(B) the Reasonable Expense of the Personnel; and
Office Maintenance. (a) the cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and the Supervision Offices. The basis for charging the Joint Account for such maintenance costs will be as follows:
(i) the expense of maintaining and operating Field Offices, less any revenue therefrom; and
(ii) that portion of maintaining and operating the Supervision Offices which is equal to:
(A) the anticipated total operating expenses of the Supervision Offices
(B) (the anticipated total staff man days for the Employees whether in connection with the Operations or not;
(C) the actual total time spent on the Operations by the Employee expressed in man days;
(b) without limiting generality, the anticipated total operating expenses of the Supervision Offices will include:
(i) the salaries and wages of the Operator’s Personnel which have been directly charged to the Supervision Offices;
(ii) the Reasonable Expense of the Personnel; and
(iii) Employee Benefits; and
(c) the Operator will make an adjustment in respect of the Office Maintenance cost forthwith after the end of each Operating Year upon having determined the actual operating expenses and actual total staff man days referred to in Section [3.1(c)(i)(B)] of this Appendix B.
Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Offices. The basis for charging the Joint Account for Office maintenance costs shall be as follows:
1. the expense of maintaining and operating Field Offices, less any revenue therefrom; and
2. that position of maintaining and operating the Supervision Offices which is equal to
a. the anticipated total operating expenses of the Supervision Offices;
b. the anticipated total staff man days for the Employees whether in connection with the Mining Operations or not; multiplied by
c. the actual total time spent on the Mining Operations by the Employee expressed in man days.
(ii) Without limiting generality, the anticipated total operating expenses of the Supervision Offices shall include:
(A) the salaries and wages of the Operator’s Personnel which have been directly charged to those Offices;
(B) the Reasonable Expense of the Personnel; and
Office Maintenance. The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Offices. The basis for charging the Joint Account for Office maintenance costs shall be as follows: the expense of maintaining and operating Field Offices, less any revenue therefrom; and that portion of maintaining and operating the Supervision Offices which is equal to the anticipated total operating expenses of the Supervision Offices divided by the anticipated total staff man days for the Employees whether in connection with the Mining Operations or not; multiplied by the actual total time spent on the Mining Operations by the Employee expressed in man days.
Office Maintenance. (a) The Administrative Operator and Technical operator shall be paid out of the joint account, the cost for the maintenance of its office and staff in Nigeria. Office and staff maintenance cost shall include building lease/rent, administrative staff, and housing and transportation lease/rent and office equipment:
Office Maintenance. (i) The basis for charging the Joint Venture Account for the Office Maintenance Costs will be as follows:
(A) the expense of maintaining and operating Field Offices, less any revenue therefrom; and
(B) that portion of maintaining and operating the Supervision Offices which is equal to:
Office Maintenance. (i) The cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Offices. The basis for charging the Account for Office maintenance costs shall be as follows:
(A) the expense of maintaining and operating Field Offices; and
(B) that portion of maintaining and operating the Supervision Offices which is equal to:
(1) the anticipated total operating expenses of the Supervision Offices divided by
(2) the anticipated total staff man days for the Employees whether in connection with Mining Work or not; multiplied by
(3) the actual total time spent on Mining Work by the Employees expressed in man days; provided, that, the Operator shall not charge the Account for any overhead expenses relating to MHC's offices or operations outside of Argentina as provided under the Agreement.
(ii) Without limiting the generality of the foregoing, the anticipated total operating expenses of the Supervision Offices shall include:
(A) the salaries and wages of the Operator's Personnel which have been directly charged to those Offices and who have devoted time to the conduct of Exploration, Development or Mining on the Property;
(B) the Reasonable Expenses of such Personnel; and
(C) Employee Benefits of such Personnel.
Office Maintenance. (i) the cost or a pro rata portion of the cost, as the case may be, of maintaining and operating the offices, charged to the Project Account on the following basis:
Office Maintenance. (i) the cost or a pro rata portion of the costs, as the case may be, of maintaining and operating the Field Offices and Project Offices. The basis for charging the Joint Account for office maintenance costs shall be as follows:
A. the expense of maintaining and operating Field Offices, less any revenue therefrom; and
B. that portion of maintaining and operating each of the Project Offices which is equal to
(1) the anticipated total operating expenses of the Project Office, except in the case of the Operator's head office, rent and other costs of the head office not relating to work on Operations shall not be included; divided by
(2) the anticipated total staff man days for the Employees at the relevant Project Office whether in connection with the Operations or not; multiplied by
(3) the actual total time spent on the Operations by the Employees at the relevant Project Office expressed in man days.
(ii) the Operator shall make an adjustment in respect of the Office Maintenance cost forthwith after the end of each Operating Year upon having determined the actual operating expenses and actual total staff man days referred to in clause 3.1(c)(i)(B) of this Schedule "B".
