Prior to Commencement. In the event Operator terminates this Contract prior to commencement of operations hereunder. Operator shall pay Contractor as liquidated damages and not as a penalty a sum equal to the standby time rate (Subparagraph 4.6) for a period of 0 days or a lump sum of $0.
Appears in 5 contracts
Samples: Master Drilling Agreement, Master Drilling Agreement (Mammoth Energy Services, Inc.), Master Drilling Agreement (Mammoth Energy Partners LP)
Prior to Commencement. See #27 In the event Operator terminates this Contract prior to commencement of operations hereunder. Operator shall pay Contractor as liquidated damages and not as a penalty a sum equal to the standby time rate (Subparagraph 4.6) for a period of 0 ______ days or a lump sum of $0___________.
Appears in 2 contracts
Samples: Agreement for Purchase of Term Assignment (Pedevco Corp), Agreement for Purchase of Term Assignment (Pedevco Corp)
Prior to Commencement. In the event Operator terminates this Contract prior to commencement of operations hereunder. , Operator shall pay Contractor as liquidated damages and not as a penalty a sum equal to the standby time rate Standby Rate with Crews (Subparagraph 4.6) for a period of 0 7 days or a lump sum of $0._________________
Appears in 1 contract
Samples: Daywork Drilling Contract (Nevada Geothermal Power Inc)
Prior to Commencement. In the event Operator terminates this Contract prior to commencement of operations hereunder. , Operator shall pay Contractor as liquidated damages and not as a penalty a sum equal to the standby time rate (Subparagraph 4.6) for a period of 0 days or a lump sum of $0.
Appears in 1 contract
Samples: Master Drilling Agreement (Diamondback Energy, Inc.)
