Common use of Production Sharing Clause in Contracts

Production Sharing. The Compensation Oil shall be shared between the STATE and the CONTRACTOR as a function of the value of the "R" factor defined hereafter: Values of « R » Profit Oil Sharing STATE Share CONTRACTOR Share For the application of this Article, for a given Calendar Year, "R" refers to the ratio of "Net Cumulative Revenue" over "Cumulative Investments" calculated at the close of the preceding Calendar Year, where :

Appears in 3 contracts

Samples: s3.amazonaws.com, s3.amazonaws.com, s3.amazonaws.com

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Production Sharing. The Compensation Oil shall be shared between the STATE and the CONTRACTOR as a function of the value of the "R" factor defined hereafter: Values of Value « R » Profit Oil Sharing STATE Share Share, % CONTRACTOR Share Share, % For the application of this Article, for a given Calendar Year, "R" refers to the ratio of "Net Cumulative Revenue" over "Cumulative Investments" calculated at the close of the preceding Calendar Year, where :

Appears in 2 contracts

Samples: www.snh.cm, www.cgg.com

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