Common use of PLATFORM AND DEVELOPMENT FACILITIES Clause in Contracts

PLATFORM AND DEVELOPMENT FACILITIES. 31 12.1 Proposal .........................................................................................31 12.2 Counterproposals .................................................................................31 12.2.1 Operations by All Parties .....................................................................31 12.2.2 Second Opportunity to Participate .............................................................32 12.2.3 Operations by Fewer Than All Parties ..........................................................32 12.3 Ownership and Use of the Development Facilities ..................................................32 12.4 Rights to Take in Kind ...........................................................................33 12.5 Expansion or Modification of a Platform and/or Development Facilities ............................34

PLATFORM AND DEVELOPMENT FACILITIES. 31 36 12.1 Proposal .........................................................................................31 PROPOSAL ......................................................................................36 12.2 Counterproposals .................................................................................31 COUNTERPROPOSALS ..............................................................................36 12.2.1 Operations by All Parties .....................................................................31 .................................................................36 12.2.2 Second Opportunity to Participate .............................................................32 ..........................................................37 12.2.3 Operations by Fewer Than All Parties ..........................................................32 .......................................................37 12.3 Ownership and Use of the Development Facilities ..................................................32 OWNERSHIP AND USE OF THE PLATFORM AND DEVELOPMENT FACILITIES ..................................38 12.4 Rights to Take in Kind ...........................................................................33 12.5 Expansion or Modification of a Platform and/or Development Facilities ............................34RIGHTS TO TAKE IN KIND ........................................................................38

PLATFORM AND DEVELOPMENT FACILITIES. 31 12.1 Proposal ......................................................................................................................................................................................31 12.2 Counterproposals ......................................................................................................................................................................31 12.2.1 Operations by All Parties ...........................................................................................................................................31 12.2.2 Second Opportunity to Participate .............................................................32 ..............................................................31 12.2.3 Operations by Fewer Than All Parties .....................................................................................................................32 12.3 Ownership and Use of the Platform and Development Facilities ..................................................32 .........................................33 12.4 Rights to Take in Kind ..........................................................................................................................................................33 12.5 Expansion or Modification of a Platform and/or Development Facilities ............................................................34