Common use of Used Material Clause in Contracts

Used Material. 1. Used material in sound and serviceable condition and suitable for reuse shall be priced at seventy-five percent (75%) of the current price of new material as determined in Paragraph 2A above.

Appears in 3 contracts

Samples: Agreement (Southwestern Energy Co), Atlas Pipeline Partners Lp, Atlas Pipeline Holdings, L.P.

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Used Material. 1. Used material (a) Material which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at seventy-five percent (75%) of the current price market value of new material as determined in Paragraph 2A aboveMaterial.

Appears in 3 contracts

Samples: resourcecontracts.org, Production Sharing Contract (Far East Energy Corp), Production Sharing Contract (Far East Energy Corp)

Used Material. 1. Used material (A) Material which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at by the Parties, and the ceiling price shall not exceed seventy-five percent (75%) of the current price market value of new material as determined in Paragraph 2A above.Material;

Appears in 2 contracts

Samples: Petroleum Contract (MIE Holdings Corp), Petroleum Contract (MIE Holdings Corp)

Used Material. 1. Used material (A) Material which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at priced, as agreed with CNPC, and the ceiling price shall not exceed seventy-five percent (75%) of the current price market value of new material as determined in Paragraph 2A aboveMaterial.

Appears in 1 contract

Samples: Farmout Agreement (Ivanhoe Energy Inc)

Used Material. 1. Used material (A) Material which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at seventy-by the Parties, and the ceiling price shall not exceed seventy five percent (75%) of the current price market value of new material as determined in Paragraph 2A above.Material;

Appears in 1 contract

Samples: MIE Holdings Corp

Used Material. 1. Used material (a) Material, which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at by the Parties, and the ceiling price shall not exceed seventy-five percent (75%) of the current price market value of new material as determined in Paragraph 2A aboveMaterial.

Appears in 1 contract

Samples: Far East Energy Corp

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Used Material. 1. Used material (A) Material that is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at by the Parties, and the ceiling price shall not exceed seventy-five percent (75%) of the current price market value of new material as determined in Paragraph 2A aboveMaterial.

Appears in 1 contract

Samples: Ivanhoe Energy Inc

Used Material. 1. (i) Used material Material in sound and serviceable condition and suitable for reuse without reconditioning shall be priced at seventy-five percent (75%) of the current price of new material as determined in Paragraph 2A aboveNew Price.

Appears in 1 contract

Samples: Option Agreement

Used Material. 1. Used material (a) Material which is in sound and serviceable condition and is suitable for reuse without reconditioning shall be priced at by the Parties, and the ceiling price shall not exceed seventy-five percent (75%) of the current price market value of new material as determined in Paragraph 2A aboveMaterial.

Appears in 1 contract

Samples: Pacific Asia Petroleum Inc

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