Common use of Purchases Clause in Contracts

Purchases. Material purchased shall be charged at the price paid by Operator after deduction of all discounts received. In case of Material found to be defective or returned to vendor for any other reasons, credit shall be passed to the Joint Account when adjustment has been received by the Operator.

Appears in 24 contracts

Samples: Joint Operating Agreement, Golden Lane Participation Agreement (New Source Energy Partners L.P.), Operating Agreement (RICHFIELD OIL & GAS Co)

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Purchases. Material purchased shall be charged at the price paid by Operator the Manager after deduction of all discounts discount received. In case of Material found to be defective or returned to vendor for any other reasonsreason, credit shall be passed to the Joint Account when adjustment has been received by the OperatorManager.

Appears in 4 contracts

Samples: Joint Development Agreement (Idaho Consolidated Metals Corp), Joint Venture Agreement (Idaho Consolidated Metals Corp), Agreement (Idaho Consolidated Metals Corp)

Purchases. Material purchased shall be charged at the price paid by Operator after deduction of all discounts received. In case of Material found to be defective or returned to vendor for any other reasonsreason, credit shall be passed to the Joint Account when adjustment has been received by the Operator.

Appears in 2 contracts

Samples: Operating Agreement (MV Partners LLC), The Purchase and Sale Agreement (Primeenergy Corp)

Purchases. Material purchased shall be charged at the price paid by Operator after deduction of all discounts received. In case of Material found to be he defective or returned to vendor for any other reasons, credit shall be he passed to the Joint Account when adjustment has been received by the Operator.

Appears in 1 contract

Samples: Joint Operating Agreement (West Texas Resources, Inc.)

Purchases. Material purchased shall be charged at the price paid by the Operator after deduction of all discounts received. In case of Credit for Material found to be defective or returned to vendor for any other reasons, credit the Vendor of same shall be passed to for the Joint Production Facilities Account when adjustment has been received by the Operator.

Appears in 1 contract

Samples: Construction, Ownership And (Eflo Energy, Inc.)

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Purchases. Material purchased shall be charged to the Account at the price paid by Operator (including transportation) after deduction of all discounts received. In case of Material found to be defective or returned to vendor for any other reasons, credit shall be passed made to the Joint Account when adjustment has been received by the Operator.

Appears in 1 contract

Samples: Fractionation Agreement (Dynegy Energy Partners Lp)

Purchases. Material purchased shall be charged at the price paid by the Manager of Operations or Contract Operator plus 10% after deduction of all discounts received. In case of Material found to be defective or returned to vendor for any other reasons, credit shall be passed to the Joint Account when adjustment has been received by the Manager of Operations or Contract Operator.

Appears in 1 contract

Samples: Joint Development Agreement (Independence Energy Corp.)

Purchases. Material purchased shall be charged at the price paid by Operator after deduction of all discounts received. In case of Material material found to be defective or returned to vendor for any other reasons, reason credit shall be passed to the Joint Account when adjustment has been received by the Operator.

Appears in 1 contract

Samples: Drilling and Operating Agreement (Petrogen Corp)

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