Common use of Premium Prices Clause in Contracts

Premium Prices. Whenever Material is not readily obtainable at published or listed prices 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 providing such Material, in making it suitable for use, and in moving it to the Joint Property; provided prior written notice is furnished to System Owners of the proposed charge prior to billing System Owners for such Material. Each System Owner shall have the right, by so electing and notifying Operator within ten (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. Operator may provide Material at the current prevailing prices in the immediate area of the Joint Property.

Premium Prices. Whenever Material is not readily obtainable at published or listed prices 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 providing such Material, in making it suitable for use, and in moving it to the Joint Property; provided prior written notice in writing is furnished to System Owners Non-Operators of the proposed charge prior to billing System Owners Non-Operators for such Material. Each System Owner Non-Operator shall have the right, by so electing and notifying Operator within ten (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. Operator may provide Material at the current prevailing prices in the immediate area of the Joint Property.

Premium Prices. Whenever Material is not readily obtainable at published or listed prices 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 Operators actual cost incurred in providing such Material, in making it suitable for use, and in moving it to the Joint Property; provided prior written notice in writing is furnished to System Owners Non-Operators of the proposed charge prior to billing System Owners Non-Operators for such Material. Each System Owner Non-Operator shall have the right, rights by so electing and notifying Operator within ten (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. Operator may provide Material at the current prevailing prices in the immediate area of the Joint Property.

Premium Prices. Whenever Material is not readily obtainable at published or listed prices because of or 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 providing such Material, in making it suitable for use, and in moving it to the Joint Property; provided prior written notice in writing is furnished to System Owners Non-Operators of the proposed charge prior to billing System Owners Non-Operators for such Material. Each System Owner Non-Operator shall have the right, by so no electing and notifying Operator within ten (10) seven 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. Operator may provide Material at the current prevailing prices in the immediate area of the Joint Property.