Common use of Unfunded Amounts Clause in Contracts

Unfunded Amounts. Notwithstanding anything contained in this Agreement to the contrary, the Parties agree that the Operator shall have no obligation to incur or make any expenditures under this Agreement (other than those costs for which the Operator is liable pursuant to Sections 7.1, 7.2 and 7.3 hereof) to the extent such costs or expenditures are not included in a Budget approved by the Operator.

Appears in 5 contracts

Samples: Construction, Operating and Cooperative Endeavor Agreement, Construction Agreement, Construction Agreement

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