Common use of Joint Operations Clause in Contracts

Joint Operations. ‌ (a) Save as provided in sub-article (b) and sub-article (c) (iii) of this Article, Contractor shall bear and pay all Contract Expenses incurred in carrying out Petroleum Operations hereunder and Contractor shall recover such expenses only from the Petroleum to which it is entitled as hereinafter provided in Article 11. (b) (i) TPDC may at any time, by notice in writing to Contractor, elect to contribute in the Specified Proportion to Contract Expenses other than Exploration Expenses (such Exploration Expenses to include expenses in respect of an appraisal programme) incurred in the first and every subsequent Development Area from the date such notice is rendered, providing that in the case of a second and each subsequent development TPDC has the option, exercisable separately at or before the time the Development Plan is approved, not to participate in Joint Operations in respect of which TPDC has elected to contribute expenses as aforesaid. Any election in respect of any Development Area shall be irrevocable. The Specified Proportion shall remain as indicated in such notice unless and until such time that TPDC renders a further notice in writing to Contractor indicating a specified proportion in excess of the Specified Proportion indicated in the previous notice.