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
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