Common use of Oversupply of VICO Contract Gas Clause in Contracts

Oversupply of VICO Contract Gas. If the quantities of net Natural Gas produced from the participating fields within the VICO Contract Area and delivered pursuant to this Supply Agreement exceed in the aggregate the quantity of the VICO Contract Gas, the Producers' Percentage (and the percentage of the revenues to be paid to PERTAMINA and Contractors hereunder) will not be increased, and Contractors, together with PERTAMINA, will be credited with and have the right to receive revenue from future marketing opportunities in respect of a quantity of net Natural Gas from reserves in the Other Contract Areas equal to such excess quantities.

Appears in 4 contracts

Samples: Supply Agreement (Union Texas Petroleum Holdings Inc), Package v Supply Agreement (Union Texas Petroleum Holdings Inc), Supply Agreement (Unimar Co)

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