Common use of PAYMENT OF PETROLEUM COSTS AND REMUNERATION Clause in Contracts

PAYMENT OF PETROLEUM COSTS AND REMUNERATION. Contractor shall, pursuant to Article 19 and Annex H of the Contract, submit to ROC as promptly as practical but not later than ten (10) days after the end of the last Month of the Spending Quarter, an invoice of due and payable Petroleum Costs and Remuneration for the Spending Quarter based on the Operating Account and showing the following details:

Appears in 6 contracts

Samples: Exploration, Development and Production Contract, Development and Production Contract, Development and Production Contract

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