Common use of Sums brought to the credit of the Oil Costs Account Clause in Contracts

Sums brought to the credit of the Oil Costs Account. In particular defined as credits to the Oil Costs to be recovered are the following earnings and products: 49 a) earnings from the marketing of the quantity of Hydrocarbons available to the Contractor, in accordance with Article 21.1 of the Contract, by way of recovery of Oil Costs; b) all other earnings or products linked to the Oil Operations, in particular those from: · the sale of related substances: -all services rendered to Third Parties using the facilities assigned to the Oil Operations, in particular treatment, transport and storage of products for Third Parties in these facilities; · the transfer of assets of the Contractor, and the transfer of all or part of the rights and obligations of the Contractor pursuant to Article 29 of the Contract.

Appears in 1 contract

Samples: Hydrocarbon Exploration and Production Sharing Contract

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Sums brought to the credit of the Oil Costs Account. In particular defined as credits to the Oil Costs to be recovered are the following earnings and products: 49 a) earnings from the marketing of the quantity of Hydrocarbons available to the Contractor, in accordance with Article 21.1 of the Contract, by way of recovery of Oil Costs; b) all other earnings or products linked to the Oil Operations, in particular those from: · the sale of related substances: -all ­all services rendered to Third Parties using the facilities assigned to the Oil Operations, in particular treatment, transport and storage of products for Third Parties in these facilities; · the transfer of assets of the Contractor, and the transfer of all or part of the rights and obligations of the Contractor pursuant to Article 29 of the Contract.

Appears in 1 contract

Samples: Hydrocarbon Exploration and Production Sharing Contract

Sums brought to the credit of the Oil Costs Account. In particular defined as credits to the Oil Costs to be recovered are the following earnings and products: 49: a) earnings from the marketing of the quantity of Hydrocarbons available to the Contractor, in accordance with Article 21.1 of the Contract, by way of recovery of Oil Costs;Costs; b) all other earnings or products linked to the Oil Operations, in particular those from: · the sale of related substances: -all · all services rendered to Third Parties using the facilities assigned to the Oil Operations, in particular treatment, transport and storage of products for Third Parties in these facilities; facilities; · the transfer of assets of the Contractor, and the transfer of all or part of the rights and obligations of the Contractor pursuant to Article 29 of the Contract.

Appears in 1 contract

Samples: Hydrocarbon Exploration and Production Sharing Contract (Kosmos Energy Ltd.)

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Sums brought to the credit of the Oil Costs Account. In particular defined as credits to the Oil Costs to be recovered are the following earnings and products: 49: a) earnings from the marketing of the quantity of Hydrocarbons available to the Contractor, in accordance with Article 21.1 of the Contract, by way of recovery of Oil Costs;Costs; b) all other earnings or products linked to the Oil Operations, in particular those from: · the sale of related substances: -all services rendered to Third Parties using the facilities assigned to the Oil Operations, in particular treatment, transport and storage of products for Third Parties in these facilities; facilities; · the transfer of assets of the Contractor, and the transfer of all or part of the rights and obligations of the Contractor pursuant to Article 29 of the Contract.

Appears in 1 contract

Samples: Hydrocarbon Exploration and Production Sharing Contract (Kosmos Energy Ltd.)

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