Recovery of Costs and Expenses and Production Sharing Sample Clauses

Recovery of Costs and Expenses and Production Sharing. (a) COST RECOVERY:
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Recovery of Costs and Expenses and Production Sharing. (a) Where a company has more than one exploration licence within a Contract Area (prior to any relinquishments) there shall be no “ring fencing” of Exploration or Development Licences in such Contract Area. Provided that, in respect of Development Area falling within the Contract Area (prior to any relinquishments), Contract Expenses in other Licence Area or Block(s) within the Contract Area (prior to any relinquishments) may only be recoverable from petroleum revenues from such Development area to the extent that were incurred prior to commencement of Petroleum production from such Development Area.
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Recovery of Costs and Expenses and Production Sharing. (a) The Operating Company shall prepare (not less than ninety (90) days prior to the beginning of each quarter of each financial year following commencement of commercial production) and furnish in writing to CRESSET and EGSMA a forecast setting out the total quantity of the Gold and associated minerals that Operating Company estimates can be produced, saved, and transported hereunder, during such calendar half in accordance with good mining practices. The Operating company shall endeavor to produce each calendar half the forecast quantity. The Gold and associated minerals produced shall be placed in storage facilities, according to the government regulations by the Operating Company for the purposes of royalty and other purposes under the agreement.
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Recovery of Costs and Expenses and Production Sharing. Article 10 Valuation of Crude Oil Article 11 Natural Gas Article 12 Taxation and Royalty Article 13 Additional Profits Tax Article 14 Reporting, Inspection and Confidentiality Article 15 Lifting, Marketing and Domestic Supply Obligation Article 16 XXX Resources Article 17 Employment and Training Article 18 Title to Assets and Insurance Article 19 Import Duties Article 20 Foreign Exchange Control Article 21 Accounting and Audit Article 22 Environment and Safety Article 23 Force-Majeure Article 24 Assignment Article 25 Consultation and Arbitration Article 26 Applicable Law Article 27 Modification and Headings Article 28 Notices Приложения: ANNEX "A" Description of the Exploration License Area ANNEX "B" Map ANNEX "C" Draft Exploration License ANNEX" D" Accounting Procedure ANNEX E SAMPLE CALCULATION METHODOLOGY This Agreement is made on the XX day of XX and constitutes the agreement between: The Government of the XXX Republic (hereinafter referred to as the "Government of XXX"), represented by <>, [Minister for xxx] and The XXX (Petroleum) Corporation (hereinafter referred to as "XXX Corporation") represented by <> its [Managing Director], and ZZZ Oil Company, a Company incorporated and existing under the laws of <Republic of Cyprus>, hereinafter referred to as "Contractor", represented by <> its [Managing Director].
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Recovery of Costs and Expenses and Production Sharing. (a) There shall be no “ring fencing:” of exploration blocks in Tanzania. The petroleum exploration expenses in one licence area shall be carried over to the next licence area. The resulting cumulative expenses shall be recovered from the “Cost Oil” from the subsequent licence area in case of discovery.
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Recovery of Costs and Expenses and Production Sharing. (a) Subject to paragraphs (b), (c), (e) and (h) of this Article and Article 15, all recoverable Contract Expenses incurred by the Contractor and, where Joint Operations have been established, by both ZPDC and the Contractor, shall be recovered by freely taking and disposing from a volume of Crude Oil or Natural Gas produced and saved from the Contract Area and not used in Petroleum Operations (hereinafter referred to as “Cost Oil” or “Cost Gas”).
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Recovery of Costs and Expenses and Production Sharing. (a) Subject to sub-article (d) and (g) of this Article and Article 15, all Recoverable Contract Expenses incurred by the Contractor and, where Joint Operations have been established, by both TPDC and the Contractor shall be recovered by freely taking and disposing from a volume of Crude Oil and/or Natural Gas produced and saved from the Contract Area and not used in Petroleum Operations (hereinafter referred to as “Cost Oil” and/or “Cost Gas”). Recoverable Contract Expenses shall be limited in any Calendar Year to an amount not exceeding fifty per cent (50%) in case of onshore/shelf areas and offshore areas and Lake Tanganyika of the total Crude Oil or Natural Gas production from the Contract Area net of Royalty. For the purposes of this Article onshore areas include shelf up to water depths of 500 meters and offshore areas include water depths beyond 500 meters.
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Recovery of Costs and Expenses and Production Sharing 
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Related to Recovery of Costs and Expenses and Production Sharing

  • Payment of Costs and Expenses Except as otherwise specified in the applicable Terms Agreement, the Bank will pay all costs and expenses incident to the performance of its obligations and the obligations of the Issuing Entity under this Agreement and the applicable Terms Agreement, including, without limiting the generality of the foregoing, (i) all costs and expenses incident to the preparation, issuance, execution, authentication and delivery of the Notes, (ii) all costs and expenses incident to the preparation, printing and filing under the Act or the Exchange Act of the Registration Statement, the Prospectus and any preliminary prospectus and any Issuer Free Writing Prospectus (including in each case all exhibits, amendments and supplements thereto), (iii) all costs and expenses incurred in connection with the registration or qualification and determination of eligibility for investment of the Notes under the laws of such jurisdictions as the Underwriters may designate (including fees of counsel for the Underwriters and their disbursements), (iv) all costs and expenses related to any filing with the National Association of Securities Dealers, Inc., (v) all costs and expenses in connection with the printing (including word processing and duplication costs) and delivery of this Agreement, the applicable Terms Agreement, the FUSA Pooling and Servicing Agreement, the Chase Pooling and Servicing Agreement, the Indenture and any Blue Sky Memorandum and the furnishing to Underwriters and dealers of copies of the Registration Statement and the Prospectus as herein provided, (vi) the reasonable fees and disbursements of the Bank’s counsel and accountants, (vii) the reasonable fees and disbursements of the accountants and (viii) all costs and expenses payable to each Note Rating Agency in connection with the rating of the Notes, except that the Underwriters agree to reimburse the Bank for an amount, if any, specified in the applicable Terms Agreement on the Closing Date for application toward such expenses. It is understood that, except as specifically provided in Sections 7, 9, 10 and 13 of this Agreement, the Underwriters will pay all of their own fees, costs and expenses (including the fees and disbursements of its counsel), transfer taxes and any advertising expenses in connection with sales or offers from the Underwriters to third parties.

  • Sellers’ Costs and Expenses Except as may otherwise be provided in this Agreement, including Section 8.1, or in the Purchase Agreement, all expenses and costs incurred by the Sellers in connection with the performance of their obligations hereunder shall be the responsibility of, paid by and for the account of the Sellers.

  • Other Costs and Expenses Seller shall reimburse Agent, each Purchaser Agent and each Conduit on demand for all costs and out-of-pocket expenses in connection with the preparation, negotiation, arrangement, execution, delivery, enforcement and administration of this Agreement, the transactions contemplated hereby and the other documents to be delivered hereunder, including without limitation, the cost of any Conduit’s auditors auditing the books, records and procedures of Seller, reasonable fees and out-of-pocket expenses of legal counsel for any Conduit, any Purchaser Agent and/or Agent (which such counsel may be employees of any Conduit, any Purchaser Agent or Agent) with respect thereto and with respect to advising any Conduit, any Purchaser Agent and/or Agent as to their respective rights and remedies under this Agreement. Seller shall reimburse Agent and each Purchaser Agent on demand for any and all costs and expenses of Agent, the Purchaser Agents and the Purchasers, if any, including reasonable counsel fees and expenses in connection with the enforcement of this Agreement and the other documents delivered hereunder and in connection with any restructuring or workout of this Agreement or such documents, or the administration of this Agreement following an Amortization Event. Seller shall reimburse each Conduit on demand for all other costs and expenses incurred by such Conduit (“Other Costs”), including, without limitation, the cost of auditing such Conduit’s books by certified public accountants, the cost of rating the Commercial Paper of such Conduit by independent financial rating agencies, and the reasonable fees and out-of-pocket expenses of counsel for such Conduit or any counsel for any shareholder of such Conduit with respect to advising such Conduit or such shareholder as to matters relating to such Conduit’s operations.

  • Reimbursement of Costs and Expenses Seller shall have paid, or reimbursed Purchaser for, all reasonable and documented out-of-pocket expenses, including but not limited to reasonable legal fees of outside counsel and reasonable and due diligence fees, actually incurred by Purchaser in connection with the development, preparation and execution of this Agreement, the other Transaction Documents and any other documents prepared in connection herewith or therewith.

  • Allocation of Costs and Expenses The Company shall bear all costs and expenses for the administration of its business and shall reimburse the Advisor for any such costs and expenses that have been paid by the Advisor, or by any affiliate thereof, on behalf of the Company on the terms and conditions set forth in Section 6. These costs and expenses shall include, but not be limited to:

  • Recovery of Costs If any legal action or other proceeding is brought for the enforcement of this Agreement, or because of an alleged dispute, breach, default or misrepresentation in connection with any of the provisions of this Agreement, the successful or prevailing party shall be entitled to recover reasonable attorneys’ fees and other costs incurred in that action or proceeding (and any additional proceeding for the enforcement of a judgment) in addition to any other relief to which it or they may be entitled.

  • Payment of Costs and Fees The Borrower shall pay to the Administrative Agent all reasonable costs, out-of-pocket expenses, and fees and charges of every kind in connection with the preparation, negotiation, execution and delivery of this Amendment and any documents and instruments relating hereto (which costs include, without limitation, the reasonable fees and expenses of any attorneys retained by the Administrative Agent) to the extent provided in Section 10.5 of the Credit Agreement.

  • Costs and Expenses The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by the L/C Issuer in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses incurred by the Administrative Agent, any Lender or the L/C Issuer (including the fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or the L/C Issuer), and shall pay all fees and time charges for attorneys who may be employees of the Administrative Agent, any Lender or the L/C Issuer, in connection with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit.

  • Attorneys’ Fees, Costs and Expenses In any action or proceeding between Borrower and Bank arising out of or relating to the Loan Documents, the prevailing party shall be entitled to recover its reasonable attorneys’ fees and other costs and expenses incurred, in addition to any other relief to which it may be entitled.

  • Attorney Costs and Expenses The Borrowers agree (a) to pay or reimburse the Administrative Agent for all reasonable and demonstrable costs and expenses incurred in connection with the development, preparation, negotiation and execution of this Agreement and the other Loan Documents and any amendment, waiver, consent or other modification of the provisions hereof and thereof (whether or not the transactions contemplated hereby or thereby are consummated), and the consummation and administration of the transactions contemplated hereby and thereby, including all Attorney Costs of a single counsel (and one local counsel in each jurisdiction where required or other additional counsel to the extent required due to a conflict of interest), and (b) to pay or reimburse the Administrative Agent and each Lender for all costs and expenses incurred in connection with the enforcement, attempted enforcement, or preservation of any rights or remedies under this Agreement or the other Loan Documents (including all such costs and expenses incurred during any “workout” or restructuring in respect of the Obligations and during any legal proceeding, including any proceeding under any Debtor Relief Law), including all Attorney Costs. The foregoing costs and expenses shall include all reasonable search and filing charges and fees and taxes related thereto, and other reasonable out-of-pocket expenses incurred by the Administrative Agent and the reasonable cost of independent public accountants and other outside experts retained by the Administrative Agent or any Lender. All amounts due under this Section 9.4 shall be payable within 15 Business Days after delivery to the Borrowers of a certificate setting forth in reasonable detail the basis for the amounts demanded. The agreements in this Section shall survive the termination of the Aggregate Commitments and repayment of all other Obligations. Notwithstanding anything to the contrary contained in this Agreement, (i) this Section 9.4 shall not govern any indemnification or other amounts relating to or attributable to taxes, and (ii) all indemnification and other amounts relating or attributable to taxes shall be governed solely and exclusively by Section 3.1.

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