TANGIBLE CAPITAL COSTS. Tangible Capital Costs are such costs that are not intangible capital costs incurred for the purchase of any assets related to the Petroleum Operations that normally have a useful life of more than one (1) Year; such assets shall be subject to annual depreciation pursuant to the provisions set forth in this Accounting Procedure. Tangible Capital Costs include the following:
Appears in 6 contracts
Samples: Annex a Contract (Kosmos Energy Ltd.), Annex a Contract (Kosmos Energy Ltd.), Annex a Contract (Kosmos Energy Ltd.)
