Common use of Daily Rates Clause in Contracts

Daily Rates. All rates per day described hereunder refer to a day of 24 hours. For parts of a day all such daily rates shall be prorated to the nearest one-quarter hour.

Appears in 2 contracts

Samples: Form of Agreement (Chiles Offshore Inc/New/), Form of Agreement (Chiles Offshore Inc/New/)

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Daily Rates. All rates per day described hereunder refer to a day of 24 twenty-four (24) hours. For parts of a day all such daily rates shall be prorated to the nearest one-one quarter hour.

Appears in 1 contract

Samples: Santa Fe International Corp/

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Daily Rates. All rates per day described hereunder refer to a day of 24 hours. For parts of a day all such daily rates shall be prorated to the nearest one-one quarter hour.

Appears in 1 contract

Samples: Confidential Treatment (Kosmos Energy Ltd.)

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