Common use of Petroleum Costs Clause in Contracts

Petroleum Costs. Contractor shall start charging Petroleum Costs to the Operating Account as from the Effective Date, in accordance with this Contract and the Accounting Procedure, but the same shall be due and payable only after the Service Fees Eligibility Date.

Appears in 3 contracts

Samples: Technical Service Contract, Technical Service Contract, Technical Service Contract

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Petroleum Costs. Contractor shall start charging Petroleum Costs to the Operating Account as from the Effective Date, in accordance with this Contract and the Accounting Procedure, but the same shall be due and payable only after from the Service Fees Eligibility Datedate of First Commercial Production.

Appears in 1 contract

Samples: Service Development and Production Contract

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Petroleum Costs. Contractor shall start charging Petroleum Costs to the Operating Account as from the Effective Date, in accordance with this Contract and the Accounting Procedure, but the same shall be due and payable only after the Service Fees Fee Eligibility Date.

Appears in 1 contract

Samples: Technical Service Contract

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