Common use of Work Programs and Budgets Clause in Contracts

Work Programs and Budgets. 1. On or before the 28th day of April of each year, Operator shall deliver to the Parties a proposed Work Program and Budget detailing the Joint Operations to be performed for the following Contract Year. Within Thirty (30) Days of such delivery, the Operating Committee shall meet to consider and to endeavor to agree on a Work Program and Budget. This budget should be approved no later than June 28, at which date WP&B are due to be presented to the Kenyan government

Appears in 4 contracts

Samples: Farmout Agreement, Farmout Agreement (ERHC Energy Inc), Farmout Agreement (ERHC Energy Inc)

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