Common use of Operating Expenses after first Commercial Production Clause in Contracts

Operating Expenses after first Commercial Production. All Operating Expenses incurred and paid after first Commercial Production from the Contract Area shall be recoverable in the Calendar Year in which such expenses are incurred and paid.

Operating Expenses after first Commercial Production. All Operating Expenses incurred and paid after first Commercial Production from the Contract Area shall be recoverable in the Calendar Year Quarter in which such expenses are incurred and paid.