Contract Expenses definition

Contract Expenses means Exploration Expenditures, Development and Production Expenditures and Operating Expenses incurred by Licensee in Conducting
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Contract Expenses means Exploration Expenses, Development Expenses, Operating Expenses, Service Costs and General and Administrative Costs as more fully set forth in Annex D.
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Contract Expenses means in respect of any Purchased Contracts all out-of-pocket costs and expenses incurred by Carfinco in administering and enforcing such Contracts, including: (a) the costs and expenses of enforcing and realizing its security in respect of any such Contract; (b) the costs of performing any obligations of the Purchaser in default under any such Contract, including the cost of any insurance obtained by Carfinco in respect of the Subject Vehicle; (c) related legal and bailiff's fees and disbursements; and (d) GST paid in respect of any such costs or expenses to the extent the same is not recoverable by Carfinco;
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Examples of Contract Expenses in a sentence

  • Any unrecovered Contract Expenses shall be recovered out of the Cost Oil available in the next succeeding Calendar Year or Years in the same manner as set out herein.

  • Payment of Contract Expenses to Farmor shall be credited against the Maximum Carry Amount and the 2009 Minimum Work Commitment as defined in Article 4.1.C.

  • They are recoverable Contract Expenses by Licensee under the Agreement.

  • The Assignment shall become effective on the later to occur of the Approval Date and Farmor’s receipt of the Initial Payment, Sunk Cost Reimbursement and Contract Expenses.

  • If the Termination takes place from the execution of the Certificate of Commencement of Operation until the Termination of the Contract: Expenses paid in advance for insurance and letters of guarantee, which have not yet been accrued in the current year, are recognized.

  • For the period from the Effective Date until the date on which the first Development Licence under the Agreement is granted by the Minister this annual charge shall be the verifiable costs but in no event greater that one percent (1%) of the Contract Expenses; including those covered in sub- section 2.5(a) incurred during the Calendar Year.

  • Any unrecovered Recoverable Contract Expenses shall be recovered out of the Cost Gas Revenues available in the next succeeding year or years in the same manner as set out herein.

  • PanAfrican Tanzania shall undertake an environmental impact assessment study prior to each major operation in the Contract Area, including the drilling of the first well thereon, the costs of which shall be Recoverable Contract Expenses for the purposes of Articles X and XI and Annex D.

  • There shall be no Ring Fencing of any Contract Expenses incurred by PanAfrican Tanzania under this Agreement to prove or produce Additional Gas from the Contract Area.

  • To the extent that in any Calendar Year the Recoverable Contract Expenses exceed the Cost Oil available under Article 11 (a), the unrecovered excess shall be carried forward for recovery in the next succeeding Calendar Year and, to the extent not then recovered in the subsequent Year or Years.


More Definitions of Contract Expenses

Contract Expenses has the meaning set forth in Article 4.3.
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Contract Expenses means, with respect to any ----------------- Calculation Period, the aggregate amount of all of the fees, costs, expenses, losses paid or accrued during such Calculation Period or otherwise attributed to such Calculation Period (as set forth below):
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Contract Expenses means expenses incurred by the Colorado MOST Program directly related to a contract, agreement, or purchase order issued to a third- party; expenses incurred to promote the MOST Program; and expenses related to the operation of the Colorado MOST Program.
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Contract Expenses means expenses incurred by the MOST Program directly related to a contract or Purchase Order issued to a third party, expenses incurred to promote the MOST Program, and expenses related to program evaluation.
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Contract Expenses means expenses incurred in relation to the Petroleum Operations, as more fully set forth in the agreement;
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Contract Expenses means expenses incurred in relation to the Petroleum Operations, as more fully set forth in Annex “D”;
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Related to Contract Expenses

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.