Common use of New Material (Condition Clause in Contracts

New Material (Condition. “A”) New material shall be classified as Condition “A”. Such material shall be valued at the prevailing market price, plus expenses incurred in procuring such new materials, and in moving such materials to the locations where the material shall be used.

Appears in 3 contracts

Samples: Petroleum Licence Agreement, Petroleum Licence Agreement, Petroleum Agreement (Kosmos Energy Ltd.)

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New Material (Condition. A") New material shall be classified as Condition "A". Such material shall be valued at the prevailing market price, plus expenses incurred in procuring such new materials, and in moving such materials to the locations where the material shall be used.

Appears in 1 contract

Samples: Model Petroleum Agreement

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