Common use of Property Expenses Clause in Contracts

Property Expenses. The term “Property Expenses” shall mean all capital expenses, joint interest bxxxxxxx, lease operating expenses, lease rental and maintenance costs, royalties, Taxes (as defined Section 8.1(a)), drilling expenses, dewatering expenses, completion expenses, geological, geophysical and any other exploration, development or maintenance expenditures chargeable under applicable operating agreements or other agreements consistent with the standards established by the Council of Petroleum Accountant Societies of North America that are attributable to the Assets.

Property Expenses. The For the purposes of this Agreement, the term “"Property Expenses” " shall mean all capital expenses, joint interest bxxxxxxxxxxxxxxx, lease operating expenses, lease rental and maintenance costs, royalties, Taxes (as defined Section 8.1(a)and apportioned as of the Effective Time pursuant to Article 9), drilling expenses, dewatering expenses, completion workover expenses, geological, geophysical and any other exploration, exploration or development or maintenance expenditures chargeable under applicable operating agreements or other agreements consistent with the standards established by the Council of Petroleum Accountant Societies of North America that are attributable to the Assetsmaintenance and operation of the Assets during the period in question.

Property Expenses. The For the purposes of this Agreement, the term “Property Expenses” shall mean all capital expenses, joint interest bxxxxxxx, lease operating expenses, lease rental and maintenance costsroyalties, overriding royalties, Taxes (as defined Section 8.1(a)and apportioned as of the Effective Time pursuant to Article 9), drilling expenses, dewatering expenses, completion workover expenses, geological, geophysical and any other exploration, exploration or development or maintenance expenditures chargeable under applicable operating agreements or other agreements consistent with the standards established by the Council of Petroleum Accountant Societies of North America that are attributable to the Assetsmaintenance and operation of the Assets during the period in question.