Common use of Expense of Conducting Inventories Clause in Contracts

Expense of Conducting Inventories. 4.4.1 The expense of conducting periodic inventories shall not be charged to the Joint Account unless agreed to by the Parties. 4.4.2 The expense of conducting special inventories shall be charged to the Parties requesting such inventories, except inventories required due to change of Operator shall be charged to the Joint Account.

Appears in 3 contracts

Sources: Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.), Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.), Agreement for the Construction, Ownership, and Operation of Midstream Assets (Epsilon Energy Ltd.)

Expense of Conducting Inventories. 4.4.1 A. The expense of conducting periodic inventories shall not be charged to the Joint Account unless agreed to by the Parties. 4.4.2 B. The expense of conducting special inventories shall be charged to the Parties requesting such inventories, except inventories required due to change of Operator shall be charged to the Joint Account.

Appears in 2 contracts

Sources: Shark Prospect Agreement (Beta Oil & Gas Inc), Redfish Prospect Agreement (Beta Oil & Gas Inc)

Expense of Conducting Inventories. 4.4.1 A. The expense of conducting periodic inventories shall not be charged to the Joint Account unless agreed to by the Parties. 4.4.2 B. The expense of conducting special inventories shall be charged to the Parties requesting such inventories, except inventories required due to change of Operator shall be charged to the Joint Account.

Appears in 1 contract

Sources: Master Operating Agreement (Mainland Resources Inc.)

Expense of Conducting Inventories. 4.4.1 a. The expense of conducting periodic inventories shall not be charged to the Joint Account unless agreed to by the Parties. 4.4.2 b. The expense of conducting special inventories shall be charged to the Parties requesting such inventories, except inventories required due to change of Operator shall be charged to the Joint Account.

Appears in 1 contract

Sources: Operating Agreement (Enterprise Products Partners L P)

Expense of Conducting Inventories. 4.4.1 A The expense of conducting periodic inventories shall not be charged to the Joint Account unless agreed to by the Parties. 4.4.2 Parties B The expense of conducting special inventories shall be charged to the Parties requesting such inventories, except inventories required due to change of Operator shall be charged to the Joint Account.

Appears in 1 contract

Sources: Sale of Properties (West Texas Resources, Inc.)