Common use of Other used materials Clause in Contracts

Other used materials. Other used materials (condition “C”) represent materials still usable in their primary intended use, but only after repairs and overhaul: fifty percent (50%) of the Net Cost of the new materials defined in paragraph a).

Appears in 4 contracts

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

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Other used materials. Other used materials (condition "C") represent represents materials still usable in their primary intended usedestination, but only after repairs and overhaul: fifty percent (50%) of the Net Cost of the new materials defined in paragraph a).

Appears in 1 contract

Samples: Contract for Research and Hydrocarbon Production Sharing

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