Common use of Preliminary Provisions Clause in Contracts

Preliminary Provisions. 1.1. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set at the Measurement Point.

Appears in 12 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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Preliminary Provisions. 1.1. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set at the Measurement Point. The Cost Oil and the Profit Oil shall be calculated per Field in the Contract Area.

Appears in 9 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

Preliminary Provisions. 1.1. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set determined at the Measurement Point.

Appears in 6 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

Preliminary Provisions. 1.1. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set determined at the Measurement Point.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

AutoNDA by SimpleDocs

Preliminary Provisions. 1.1. The Contracting Party’s share of the Profit Oil, which shall not be affected by operating losses, shall be set determined at the Measurement Point. The Cost Oil and the Profit Oil shall be calculated per Field in the Contract Area.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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