Common use of COSTS AND EXPENDITURES Clause in Contracts

COSTS AND EXPENDITURES. Except as otherwise provided for in this Agreement, the costs and expenditures incurred in the Petroleum Operations, as well as any losses and risks derived therefrom, shall be borne by the Contractor Group, and Sonangol shall not be responsible to bear or repay any of the aforesaid costs and expenditures.

COSTS AND EXPENDITURES. Except as otherwise provided for in this Agreement, the costs and expenditures incurred in the Petroleum Operations, as well as any losses loss and risks risk derived therefromthere from, shall be borne by the Contractor Group, and Sonangol shall not be responsible to bear or repay any of the aforesaid costs and expenditures.