Common use of Uplift Clause in Contracts

Uplift. Uplift is the amount which, when compounded Quarterly, is equal to the average for the business days of the Quarter of the annual yield on long-term United States Treasury Bonds (thirty-year (30) bonds) plus an annual margin of eleven (11) percentage points.

Appears in 8 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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Uplift. Uplift is the amount which, when compounded Quarterlyquarterly, is equal to the average for the business days of the Quarter of the annual yield on long-term United States Treasury Bonds (thirty-year (30) bonds) plus an annual margin of eleven six (116) percentage points. Uplift shall apply to capital costs only and not to operating costs.

Appears in 3 contracts

Samples: Offshore Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

Uplift. Uplift is the amount which, when compounded Quarterlyquarterly, is equal to the average for the business days of the Quarter of the annual yield on long-term United States Treasury Bonds (thirty-year (30) bonds) plus an annual margin of eleven six (116) percentage points. Uplift shall apply to Exploration, Appraisal and Capital costs only and not to operating costs.

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract

Uplift. Uplift is the amount which, when compounded Quarterlyquarterly, is equal to the average for the business days of the Quarter of the annual yield on long-term United States Treasury Bonds (thirty-year (30) bonds) plus an annual margin of eleven (11) percentage points.

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract

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Uplift. Uplift is the amount which, when compounded Quarterly, is equal to the average for the business days of the Quarter of the annual yield on long-term United States Treasury Bonds (thirty-year (30) bonds) plus an annual margin of eleven ten (1110) percentage points.

Appears in 1 contract

Samples: Production Sharing Contract

Uplift. Uplift is the amount which, when compounded QuarterlyQuarterly , is equal to the average for the business days of the Quarter of the annual yield on long-term United States Treasury Bonds (thirty-year (30) bonds) plus an annual margin of eleven ten (1110) percentage points.

Appears in 1 contract

Samples: Production Sharing Contract

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