Common use of Recoverable Costs Clause in Contracts

Recoverable Costs. In any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions to the Decommissioning Costs Reserve, if any, allowable in that Calendar Year; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plus (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).

Recoverable Costs. In any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions to the Decommissioning Costs Reserve, if any, allowable in that Calendar Year; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plus (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).. Deleted: (a) Deleted: (a)

Recoverable Costs. In any each and every Calendar Year following the First Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costsIneligible Costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs, incurred in that Year; (b) additions to the Decommissioning Costs Reserve, if any, allowable in that Calendar Year; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plus (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of that portion of outstanding Recoverable CostsCosts incurred on or after 1 December 2005; less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).

Recoverable Costs. In any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costsIneligible Costs: (a) the sum of: (i) Recoverable recoverable Exploration Costs; (ii) Recoverable recoverable Appraisal Costs; (iii) Recoverable recoverable Capital Costs; and (iv) Recoverable recoverable Operating Costs; (b) additions to the Decommissioning Costs Reserve, if any, Reserve allowable in that Calendar Yearyear; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i7.1(b)(í) in that previous Calendar Year; plusand (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; , less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).

Recoverable Costs. In Subject to Annex D, in any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, are the sum of those of the following that are not ineligible costsIneligible Costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions Contributions to the Decommissioning Costs Reserve, if any, Fund allowable in that Calendar Year;Year without taking into account the interests accruing to the Decommissioning Fund; and (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i9.1(b)(i) in that previous Calendar Year; plusand (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; , less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a9.4(a).

Recoverable Costs. In any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions to the Decommissioning Costs Reserve, if any, allowable in that Calendar Year; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plus (d) Beginning in the Calendar Year that is seven (7) years prior to the Calendar Year in which Designated Authority approval has been given for the first Development Plan, a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).

Recoverable Costs. In Subject to Annex D, in any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, are the sum of those of the following that are not ineligible costsIneligible Costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions Contributions to the Decommissioning Costs Reserve, if any, Fund allowable in that Calendar Year;Year without taking into account the interests accruing to the Decommissioning Fund; and (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i9.1(b)(i) in that previous Calendar Year; plusand (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; , less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a9.4 (a).

Recoverable Costs. In Subject to Annex C, in any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, are the sum of those of the following that are not ineligible costsIneligible Costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions Contributions to the Decommissioning Costs Reserve, if any, Fund allowable in that Calendar YearYear without taking into account the interests accruing to the Decommissioning Fund; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plusand (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; , less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).

Recoverable Costs. In any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions to the Decommissioning Costs Reserve, if any, allowable in that Calendar Year; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plus (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).

Recoverable Costs. In any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costsIneligible Costs: (a) the sum of: (i) Recoverable recoverable Exploration Costs; (ii) Recoverable recoverable Appraisal Costs; (iii) Recoverable recoverable Capital Costs; and (iv) Recoverable recoverable Operating Costs; (b) additions to the Decommissioning Costs Reserve, if any, Reserve allowable in that Calendar Yearyear; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plusand (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; , less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).

Recoverable Costs. In any Calendar Year, Recoverable Costs are, subject as further provided in Annex C, the sum of those of the following that are not ineligible costs: (a) the sum of: (i) Recoverable Exploration Costs; (ii) Recoverable Appraisal Costs; (iii) Recoverable Capital Costs; and (iv) Recoverable Operating Costs; (b) additions to the Decommissioning Costs Reserve, if any, allowable in that Calendar Year; (c) Recoverable Costs in the previous Calendar Year, to the extent in excess of the value of the Contractor’s 's share of Petroleum under sub-paragraph 7.1(b)(i) in that previous Calendar Year; plus (d) a Quarterly amount equal to the product of the rate of Uplift and the Quarterly balance of outstanding Recoverable Costs; less Miscellaneous Receipts and less any deductions pursuant to paragraph 7.4(a).