Common use of Indicative Budgets Clause in Contracts

Indicative Budgets. The Contractor shall prepare and submit to CNH, along with the Budget referred to in Article 11.1, indicative Budgets for the next two (2) Years setting forth the Costs the Contractor expects to incur during those Years.

Appears in 2 contracts

Sources: Contract for the Exploration and Extraction of Hydrocarbons, Contract for the Exploration and Extraction of Hydrocarbons