Common use of Purpose and Definitions Clause in Contracts

Purpose and Definitions. (a) The purpose of this Annex C is to further define the manner in which the costs and expenses of Petroleum Operations will be recorded, Recoverable Costs will be determined, and the Contractor's books and accounts will be prepared and maintained, and ancillary matters. (b) A reference to a Clause or paragraph is to a clause or paragraph of this Annex C unless the contrary is stated. (c) A reference to an Article is to an article of the Agreement to which this Annex C is attached.

Appears in 9 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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Purpose and Definitions. (a) The purpose of this Annex C is to further define the manner in which the costs and expenses of Petroleum Operations will be recorded, Recoverable Costs will be determined, and the each Contractor's ’s books and accounts will be prepared and maintained, and ancillary matters. (b) A reference to a Clause or paragraph is to a clause or paragraph of this Annex C unless the contrary is stated. (c) A reference to an Article is to an article of the Agreement to which this Annex C is attached.

Appears in 3 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

Purpose and Definitions. (a) The purpose of this Annex C D is to further define the manner in which the costs and expenses of Petroleum Operations will be recorded, Recoverable Costs will be determined, and the each Contractor's ’s books and accounts will be prepared and maintained, and ancillary matters. (b) A reference to a Clause or paragraph is to a clause or paragraph of this Annex C D unless the contrary is stated. (c) A reference to an Article and a Section is to an article of the Agreement Contract to which this Annex C D is attached.

Appears in 2 contracts

Samples: Offshore Production Sharing Contract, Production Sharing Contract

Purpose and Definitions. Annex C – Accounting Procedure Clause 1 – General Provisions (a) The purpose of this Annex C is to further define the manner in which the costs and expenses of Petroleum Operations will be recorded, Recoverable Costs will be determined, and the each Contractor's ’s books and accounts will be prepared and maintained, and ancillary matters. (b) A reference to a Clause or paragraph is to a clause or paragraph of this Annex C unless the contrary is stated. (c) A reference to an Article and an Article is to an article Article of the Agreement Contract to which this Annex C is attached.

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract

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Purpose and Definitions. (a) The purpose of this Annex C is to further define the manner in which the costs and expenses of Petroleum Operations will shall be recorded, Recoverable Costs will shall be determined, and the each of Contractor's ’s books and accounts will shall be prepared and maintained, and ancillary matters. (b) A reference to a Clause or paragraph is to a clause or paragraph of this Annex C unless the contrary is otherwise expressly stated. (c) A reference to an Article is to an article Article of the Agreement Contract to which this Annex C is attached.

Appears in 1 contract

Samples: Production Sharing Contract

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