Contingency Funds. The Operator shall pay all the expenses and investments and carry out the development and production operations in accordance with the programs and Budgets referred to in Clause 11 (Paragraph 11.1), without exceeding the total Budget for each year by ten per cent (10%) , except if so authorized by the Parties in special cases.
Appears in 2 contracts
Sources: Association Contract, Association Contract (Harken Energy Corp)