Exploration Costs Sample Clauses

Exploration Costs. Exploration Costs are all direct and allocated indirect expenditures incurred in the search for Petroleum in an area which is, or was at the time when such costs were incurred, part of the Contract Area, including expenditures incurred in respect of:
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Exploration Costs. Exploration Costs are those costs, whether of a capital or operating nature, which directly relate to Exploration and are incurred in respect of activities carried out substantially in accordance with an approved Exploration Work Programme and Budget, but without prejudice to sub-Article 4.7 of this Agreement, including costs of:
Exploration Costs. Any and all direct, general and administrative costs incurred during Hydrocarbon Exploration and Appraisal activities in an area which is part of the Contract Area, including but not limited to:
Exploration Costs. 2.2 For greater certainty, in calculating Net Profits at any time, each of the classes of Costs shall constitute a separate pool from which all Costs deducted on any previous quarterly calculation shall be removed and to which Costs of those classes recorded since the date of this agreement (in the case of the first quarterly calculation) or since the date of the last quarterly calculation (in the case of any calculation subsequent to the first quarterly calculation) shall be added.
Exploration Costs. Without limitation, Exploration Costs include costs of staking, mapping, chip sampling, geochemical sampling, assay costs, consultant fees, and expenses, drilling costs and related exploration activities, and a pro-rata share of salaries of geologists and other professionals related to programs. Specifically excluded from the definition of Exploration Costs are lease payments, governmental fees, costs of reclamation bonds, insurance, corporate overhead, legal and accounting fees and costs, and regulatory fees. Gold Run will pay all claim holding costs forty-five (45) days prior to the respective annual August 31 due dates. Gold Run will pay, thirty (30) days prior to the respective due dates, all required lease payments respecting properties in which Gold Run has an interest and from which properties Xxxxxxxxx is entitled to receive a production royalty as provided for herein.
Exploration Costs. Except to the extent otherwise restricted by Section 617 of the Code and the Treasury Regulations promulgated thereunder, AUC shall be allocated tax deductions arising from Exploration Costs up to Thirty-three Million ($33,000,000.00), but limited by the capital contributions made by AUC and as expended for qualifying exploration activities.
Exploration Costs. Except to the extent otherwise restricted by Section 617 of the Code and the Treasury Regulations promulgated thereunder, Yellowcake shall be allocated tax deductions arising from Exploration Costs up to Eight Million Dollars ($8,000,000.00), but limited by the capital contributions made by Yellowcake and as expended for qualifying exploration activities.
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Exploration Costs. Each Obligor must not:
Exploration Costs. Clause 2 - Classification and Allocation Exploration Costs are those costs, whether of a capital or operating nature, which directly relate to Exploration and are incurred in respect of activities carried out substantially in accordance with an approved Exploration Work Programme and Budget, but without prejudice to Section 4.7 of the Agreement, including costs of:
Exploration Costs. Exploration Costs are all direct and allocated indirect expenditures incurred in the search for CBM in an area which, is or was at the time when such costs were incurred, part of the Contract Area, including expenditures incurred in respect of :
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