PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.25) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(3). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 4 contracts
Samples: Operating Agreement (EV Energy Partners, LP), Operating Agreement (Belden & Blake Corp /Oh/), Operating Agreement (EV Energy Partners, LP)
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525¢) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 2007, by the same percentage increase or decrease used to adjust overhead rates in Section III., Paragraph 1.A(31.A.(3). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such The rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 4 contracts
Samples: Joint Operating Agreement, Golden Lane Participation Agreement (New Source Energy Partners L.P.), Golden Lane Participation Agreement (New Source Energy Corp)
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525CENTS) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(31 .A.(4). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 2 contracts
Samples: Joint Operating Agreement (Ridgewood Energy K Fund LLC), Joint Operating Agreement (Ridgewood Enengy K Fund LLC)
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525CENTS) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(31.A.(4). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 2 contracts
Samples: Joint Operating Agreement (Ridgewood Energy K Fund LLC), Joint Operating Agreement (Ridgewood Enengy K Fund LLC)
PRICING CONDITIONS. (1) . Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525(cent)) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(3)1.A.3. Each year, the rate calculated shall be rounded to the nearest cent and shall will be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
Samples: Master Operating Agreement (Mainland Resources Inc.)
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.25) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(3I.A(4). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.25250) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section IIIII, Paragraph 1.A(31.A.(4). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.25250) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section IIIII, Paragraph 1.A(3LA.(4). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect effect. until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525 CENTS) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(31.A(1). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents CENTS ($0.2525 CENTS) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(31.A.(1). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525¢) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, _____, by the same percentage increase or decrease used to adjust overhead rates in Section III., Paragraph 1.A(31.A.(3). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such The rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
PRICING CONDITIONS. (1) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525 CENTS) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(31.A.(4). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
Samples: Joint Operating Agreement (Ridgewood Energy L Fund LLC)
PRICING CONDITIONS. (1a) Loading or unloading costs may be charged to the Joint Account at the rate of twenty-five cents ($0.2525c) per hundred weight on all tubular goods movements, in lieu of actual loading or unloading costs sustained at the stocking point. The above rate shall be adjusted as of the first day of April each year following January 1,1985 1, 1985 by the same percentage increase or decrease used to adjust overhead rates in Section III, Paragraph 1.A(3l-A.(3). Each year, the rate calculated shall be rounded to the nearest cent and shall be the rate in effect until the first day of April next year. Such rate shall be published each year by the Council of Petroleum Accountants Societies.
Appears in 1 contract
Samples: Joint Development Agreement (Independence Energy Corp.)