Contractor Consideration Clause Samples
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Contractor Consideration. The Contractor Consideration for any given Month shall consist of the onerous transfer of the Net Hydrocarbons corresponding to that Month. The transfer shall only be made if the Contractor is up to date with its payments of the State Considerations, as provided in Article16.2, from the Effective Date up to the preceding Month. The transfer of the first volume of Net Hydrocarbons shall only be made if the Contractor is up to date with its payments of the State Considerations accrued up to that moment.
Contractor Consideration. The Compensation of the Contractor Consideration for any given Month shall consist of:
(a) The Recoverable Costs Reimbursement (subject to the Recoverable Costs Limit) and
(b) The remaining percentage of the Operating Profit for such Month after
Contractor Consideration. The Compensation of the Contractor Consideration for any given Month shall consist of:
(a) The Costs Recovery (subject to the Recoverable Costs Limit) and
(b) The remaining percentage of the Operating Profit for such Month after payment of the percentage of the Operating Profit allocated to the State, as provided in subparagraph (c) of Article 16.