Common use of Incidental Income and Credits Clause in Contracts

Incidental Income and Credits. All incidental income and proceeds received from Petroleum Operations under the Contract, including but not limited to the items listed below, shall be credited to the accounts under the Contract and shall be taken into account for cost recovery, and Profit Petroleum sharing purposes in the manner described in Articles 15 and 16 of the Contract:-

Appears in 12 contracts

Samples: Contract (Geoglobal Resources Inc), Sharing Contract (Geoglobal Resources Inc.), Contract (Geoglobal Resources Inc)

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Incidental Income and Credits. All incidental income and proceeds received from Petroleum Operations under the Contract, including but not limited to the items listed below, shall be credited to the accounts under the Contract and shall be taken into in to account for cost recovery, production sharing and Profit Petroleum sharing participation purposes in the manner described in Articles 13, 14 and 15 and 16 of the Contract:-Contract;

Appears in 1 contract

Samples: Geoglobal Resources Inc.

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