Common use of Recoverable Costs Clause in Contracts

Recoverable Costs. Costs incurred in relation to the Petroleum Activities will be considered Recoverable Costs under this Contract only if they meet the terms of the guidelines issued by the Ministry of Finance in effect on the date of award, and the Accounting Procedures. Approval of the Work Programs and Budgets by CNH means only that the Contractor has technical authorization to conduct the activities established in the approved Work Programs and to incur Costs and expenses related to such activities. Once all Costs associated with the Work Programs are incurred, any Cost actually incurred may be considered a Recoverable Cost, only if it complies with all of the requirements set forth in the guidelines issued by the Ministry of Finance in effect as of the awarding date of this Contract and the Accounting Procedures.

Recoverable Costs. Costs incurred in relation to the Petroleum Activities will be considered Recoverable Costs under this Contract only if they meet the terms of the guidelines issued by the Ministry of Finance in effect on as of the date of awardEffective Date, and the Accounting Procedures. Approval of the Work Programs and Budgets by CNH means only that the Contractor has technical authorization is authorized to conduct the activities established in the approved Work Programs and to incur Costs and expenses related to such activities. Once , but in all Costs associated with the Work Programs are incurredcases, in order for any Cost actually incurred may to be considered a Recoverable Cost, only if it complies shall be subject to and must comply with all of the requirements set forth in the guidelines issued by the Ministry of Finance in effect as of the awarding date of this Contract Effective Date and the Accounting Procedures.

Recoverable Costs. Costs incurred in relation to the Petroleum Activities will be considered Recoverable Costs under this Contract only if they meet the terms of the guidelines issued by the Ministry of Finance in effect on as of the date of awardawarding date, and the Accounting Procedures. Approval of the Work Programs and Budgets by CNH means only that the Contractor has technical authorization to conduct the activities established in the approved Work Programs and to incur Costs and expenses related to such activities. Once all Costs associated with the Work Programs are incurred, any Cost actually incurred may be considered a Recoverable Cost, only if it complies with all of the requirements set forth in the guidelines issued by the Ministry of Finance in effect as of the awarding date of this Contract and the Accounting Procedures.

Recoverable Costs. Costs incurred in relation to for carrying out the Petroleum Activities will be considered Recoverable Costs under this Contract only if they meet the terms of the guidelines issued by the Ministry of Finance in effect on force as of the date of award, the award of the Contract and the Accounting Procedures. Approval of the Work Programs and Budgets by CNH means only that the Contractor has the technical authorization approval to conduct the activities established in the approved Work Programs and to incur in Costs and expenses related to such activities. Once all the Costs associated with the Work Programs are incurred, any Cost actually incurred may be considered a Recoverable Cost, Cost only if it complies with all of the requirements set forth in the guidelines issued by the Ministry of Finance in effect force as of the awarding date of this the award of the Contract and the Accounting Procedures.