Common use of Major Accounts Clause in Contracts

Major Accounts. For the purpose of classifying costs, expenses and expenditures for cost recovery as well as for the purpose of establishing when the Exploration obligation has been met, costs, expenses and expenditures shall be recorded in major account including the following: -

Major Accounts. For the purpose of classifying costs, expenses and expenditures for cost recovery Cost Recovery as well as for the purpose of establishing when the minimum Exploration obligation has obligations have been met, costs, expenses and expenditures shall be recorded in major account accounts including the following: -the