Common use of Contributions and Distributions Clause in Contracts

Contributions and Distributions. Except as provided for in paragraph 13, the parties shall contribute to the costs and expenses of the Venture and share in the production of the Venture in proportion to their respective Participating Interests, as they may from time to time then appear.

Appears in 2 contracts

Sources: Purchase and Sales Agreement (Us Energy Corp), Purchase and Sales Agreement (Crested Corp)