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Common use of New Material Clause in Contracts

New Material. New Material shall be priced on the basis of current market value plus expenses in moving such Material directly to the job-site where Material is used.

Appears in 4 contracts

Sources: Petroleum Contract (Ivanhoe Energy Inc), Production Sharing Contract (Far East Energy Corp), Farmout Agreement (Ivanhoe Energy Inc)

Related Clauses

  • NEW MATERIALS
  • Review Materials
  • Missing or Insufficient Review Materials
  • Maintenance of Review Materials
  • Access to Review Materials

Parent Clauses

  • Responsibility of the Contractor
  • CONTRACTOR’S SERVICES AND TERM
  • Material Furnished by the Manager or a Member
  • GENERAL PROVISIONS
  • Basis of Charges to Business Account

Sub-Clauses

  • WARRANTIES
  • DISCLAIMER
  • OTHER CONSEQUENCES FOR TERMINATION
  • BUSINESS DAYS
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