Premium Prices. Whenever Material is not readily obtainable at prices specified in Paragraphs 1 and 2 of this Section IV because of national emergencies, strikes or other unusual causes over which the Operator has no control, the Operator may charge the Joint Account for the required Material at the Operator’s actual cost incurred in procuring such Material, in making it suitable for use, and in moving it to the Joint Properly, provided, that notice in writing is furnished to Non-Operators of the proposed charge prior to billing Non-Operators for such Material. Each Non-Operator shall have the right, by so electing and notifying Operator within 10 days after receiving notice from Operator, to furnish in kind all or part of his share of such Material suitable for use and acceptable to Operator.
Appears in 2 contracts
Samples: Unit Agreement (Resaca Exploitation, Inc.), Unit Agreement (Resaca Exploitation, Inc.)
Premium Prices. Whenever Material is not readily obtainable at prices specified in Paragraphs 1 and 2 of this Section IV because of national emergencies, strikes or other unusual causes over which the Operator has no control, the Operator may charge the Joint Account for the required Material at the Operator’s actual cost incurred in procuring such Material, in making it suitable for use, and in moving it to the Joint ProperlyProperty, provided, that notice in writing is furnished to Non-Operators of the proposed charge prior to billing Non-Operators for such Material. Each Non-Operator shall have the right, by so electing and notifying Operator within 10 days after receiving notice from Operator, to furnish in kind all or part of his share of such Material suitable for use and acceptable to Operator.
Appears in 2 contracts
Samples: Unit Operating Agreement (Resaca Exploitation, Inc.), Unit Operating Agreement (Resaca Exploitation, Inc.)
Premium Prices. Whenever Material is not readily obtainable at prices specified in Paragraphs Paragraph 1 and 2 of this Section IV or because of national emergencies, strikes or other unusual causes over which the Operator has no control, the Operator may charge the Joint Account for the required Material at the Operator’s 's actual cost incurred in procuring such Material, in making it suitable for use, and in moving it to the Joint Properly, Property; provided, that notice in writing is furnished to Non-Operators of the proposed charge prior to billing Non-Non- Operators for such Material. Each Non-Operator shall have the right, by so electing and notifying Operator within 10 ten days after receiving notice from Operator, to furnish in kind all or part of his share of such Material suitable for use and acceptable to Operator.
Appears in 1 contract
Samples: Operating Agreement (Enterprise Products Partners L P)
