Common use of Payments and Advances Clause in Contracts

Payments and Advances. 1.6.1 Upon approval of any Work Program and Budget, if Operator so requests, each Non-Operator shall Advance its share of estimated cash requirements for the succeeding month's operations ("Cash Call"). Each such Cash Call shall he equal to the Operator's estimate of the money to be spent in the currencies required to perform its duties under the approved Work Program and Budget during the month concerned. For informational purposes the Cash Call shall contain an estimate of the funds required for the next succeeding two (2) months detailed by the categories designated in the approved Work Program and Budget submitted by Operator in accordance with Article 6.4 of the Agreement.

Payments and Advances. 1.6.1 Upon approval of any Work Program and Budget, if Operator so requests, each Non-Operator shall Advance its share of estimated cash requirements for the succeeding month's operations ("Cash Call"). Each such Cash Call shall he be equal to the Operator's estimate of the money to be spent in the currencies required to perform its duties under the approved Work Program and Budget during the month concerned. For informational purposes the Cash Call shall contain an estimate of the funds required for the next succeeding two (2) months detailed by the categories designated in the approved Work Program and Budget submitted by Operator in accordance with Article 6.4 of the Agreement.

Payments and Advances. 1.6.1 Upon approval of any Work Program and Budget, if Operator so requests, each Non-Operator shall Advance advance its share of estimated cash requirements for the succeeding month's operations ("Cash Call")’s operations. Each such Cash Call cash call shall he be equal to the Operator's ’s estimate of the money to be spent in the currencies required to perform its duties under the approved Work Program and Budget during the month concerned. For informational purposes the Cash Call cash call shall contain an estimate of the funds required for the next succeeding two (2) 2 months detailed by the categories designated in the approved Work Program and Budget submitted by Operator in accordance with Article 6.4 of the Agreement.

Payments and Advances. 1.6.1 Upon approval of any Work Program and Budget, if Operator so requests, each Non-Operator shall Advance advance its share of estimated cash requirements for the succeeding month's operations ("Cash Call")one month of operations. Each such Cash Call cash call shall he be equal to the Operator's estimate of the money to be spent in the currencies required to perform its duties under the approved Work Program and Budget during the month concerned. For informational purposes the Cash Call cash call shall contain an estimate of the funds required for the next succeeding two (2) months detailed by the categories designated in the approved Work Program and Budget submitted by Operator in accordance with Article 6.4 6 of the Agreement.

Payments and Advances. 1.6.1 Upon approval of any Work Program and Budget, if Operator so requests, each Non-Non- Operator shall Advance advance its share of estimated cash requirements for the succeeding month's operations ("Cash Call")’s operations. Each such Cash Call cash call shall he be equal to the Operator's ’s estimate of the money to be spent in the currencies required to perform its duties under the approved Work Program and Budget during the month concerned. For informational purposes the Cash Call cash call shall contain an estimate of the funds required for the next succeeding two (2) months detailed by the categories designated in the approved Work Program and Budget submitted by Operator in accordance with Article 6.4 6 of the Agreement.

Payments and Advances. 1.6.1 Upon approval of any Work Program and Budget, if Operator so requests, each Non-Operator shall Advance advance its share of estimated cash requirements for the succeeding month's operations ("Cash Call")’s operations. Each such Cash Call cash call shall he be equal to the Operator's ’s estimate of the money to be spent in the currencies required to perform its duties under the approved Work Program and Budget during the month concerned. For informational purposes the Cash Call cash call shall contain an estimate of the funds required for each of the next succeeding two (2) months detailed by the major work categories designated in the approved Work Program and Budget submitted by Operator in accordance with Article 6.4 of the Agreement.