Common use of Moving Rate Clause in Contracts

Moving Rate. During the time the rig is in transit to or from a drill site, or between drill sites, commencing on _________________. Operator shall pay Contractor a sum of $ ____________ per twenty-four (24) hour day.

Appears in 2 contracts

Sources: Agreement for Purchase of Term Assignment (Pedevco Corp), Agreement for Purchase of Term Assignment (Pedevco Corp)

Moving Rate. During the time the rig is in transit to or from a drill site, or between drill sites, commencing on _________________. _ Operator shall pay Contractor a sum of $ ____________ 18.866.00 per twenty-four (24) hour day.

Appears in 1 contract

Sources: Daywork Drilling Contract (Nevada Geothermal Power Inc)