Development and Production Activities Sample Clauses

The 'Development and Production Activities' clause defines the rights and responsibilities of the parties regarding the exploration, development, and production of resources or products under the agreement. It typically outlines the procedures for planning, executing, and managing these activities, including timelines, required approvals, and standards to be met. For example, it may specify how work programs are proposed and approved, or how costs and operational duties are shared. The core function of this clause is to ensure that both parties have a clear understanding of how development and production will proceed, thereby minimizing disputes and promoting efficient project execution.
Development and Production Activities. The CRMC’s CZMA six-month review period for the Revolution Wind project began on August 6, 2021.2 The CRMC issued its 3-month letter to Revolution Wind on October 21, 2021 pursuant to the requirements of 15 C.F.R. § 930.78(a). In that letter the CRMC detailed specific information requirements that Revolution Wind has been requested to provide to the CRMC in order to complete the CRMC’s federal consistency review pursuant to its enforceable policies. 1 Revolution Wind, LLC is a50/50 joint venture between Ørsted and Eversource Investment LLC. 2 The CRMC notified BOEM and Revolution Wind in a letter dated August 18, 2021 that commencement of the CRMC CZMA consistency review for the Revolution Wind project began on August 6, 2021. Revolution Wind wants to confer with CRMC about the information that it seeks in the 3-month letter issued pursuant to 15 C.F.R. § 930.78(a). Revolution Wind identifies within its COP at Section 1.4.1.2 that the CRMC federal consistency decision for the project is anticipated between Q1 and Q3 2023. In addition, BOEM issued its Notice of Availability for the Draft Environmental Impact Statement (▇▇▇▇) in September 2022, and there is considerable information that CRMC believes is valuable to CRMC’s decision making process within the ▇▇▇▇, including the range of expected project alternatives and mitigation measures.3 Furthermore, the Revolution Wind project has undergone significant refinement in recent months which require substantial State agency time and resources to analyze. In accordance with 15 CFR § 930.60(b), and in consideration of the parties’ mutual interest that the State have additional time to fully assess the proposed project’s consistency with the State’s enforceable policies, the CRMC and Revolution Wind mutually agree to the following dates and to stay the CRMC CZMA six-month review period as specified herein.
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Development and Production Activities. During the Option Period, Purchaser shall have the right to engage in development and pre-production activities with respect to the Property and the Project. Any and all material created or written in connection with such development or pre-production activity shall remain Purchaser’s sole and exclusive property (whether or not Purchaser exercises the Option). Upon expiration of the Option, all rights to all materials created in connection with the Property, including, without limitation, the results and proceeds of all writing services rendered by Seller or by or for Purchaser and its employees and agents, shall revert or will be assigned free and clear to Seller.
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Development and Production Activities. ▇▇▇▇ announced in August 2019 that it would expand the cumulative impact analysis of offshore wind energy projects within its draft Environmental Impact Statement (EIS) for the Vineyard Wind project (Docket No. BOEM-2020-0005). ▇▇▇▇ released the supplemental Draft
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Development and Production Activities 
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Related to Development and Production Activities

  • Development Activities The Development activities referred to in item “b” of paragraph 3.1 include: studies and projects of implementation of the Production facilities; drilling and completion of the Producing and injection ▇▇▇▇▇; and installation of equipment and vessels for extraction, collection, Treatment, storage, and transfer of Oil and Gas. The installation referred to in item “c” includes, but is not limited to, offshore platforms, pipelines, Oil and Gas Treatment plants, equipment and facilities for measurement of the inspected Production, wellhead equipment, production pipes, flow lines, tanks, and other facilities exclusively intended for extraction, as well as oil and gas pipelines for Production Outflow and their respective compressor and pumping stations.

  • Collaboration activities 4.1 The Collaboration Suppliers will perform the Collaboration Activities and all other obligations of this Agreement in accordance with the Detailed Collaboration Plan. 4.2 The Collaboration Suppliers will provide all additional cooperation and assistance as is reasonably required by the Buyer to ensure the continuous delivery of the services under the Call-Off Contract. 4.3 The Collaboration Suppliers will ensure that their respective subcontractors provide all cooperation and assistance as set out in the Detailed Collaboration Plan.

  • Development and Commercialization Subject to Sections 4.6 and 4.7, Fibrocell shall be solely responsible for the development and Commercialization of Fibrocell Products and Improved Products. Fibrocell shall be responsible for all costs incurred in connection with the Fibroblast Program except that Intrexon shall be responsible for the following: (a) costs of establishing manufacturing capabilities and facilities in connection with Intrexon’s manufacturing obligation under Section 4.6 (provided, however, that Intrexon may include an allocable portion of such costs, through depreciation and amortization, when calculating the Fully Loaded Cost of manufacturing a Fibrocell Product, to the extent such allocation, depreciation, and amortization is permitted by US GAAP, it being recognized that the majority of non-facilities scale-up costs cannot be capitalized and amortized under US GAAP); (b) costs of basic research with respect to the Intrexon Channel Technology and Intrexon Materials (i.e., platform improvements) but, for clarity, excluding research described in Section 4.7 or research requested by the JSC for the development of a Fibrocell Product or an Improved Product (which research costs shall be reimbursed by Fibrocell); (c) [*****]; and (d) costs of filing, prosecution and maintenance of Intrexon Patents. The costs encompassed within subsection (a) above shall include the scale-up of Intrexon Materials and related active pharmaceutical ingredients for clinical trials and Commercialization of Fibrocell Products undertaken pursuant to Section 4.6, which shall be at Intrexon’s cost whether it elects to conduct such efforts internally or through Third Party contractors retained by either Intrexon or Fibrocell (with Intrexon’s consent).

  • Development Work The Support Standards do not include development work either (i) on software not licensed from CentralSquare or (ii) development work for enhancements or features that are outside the documented functionality of the Solutions, except such work as may be specifically purchased and outlined in Exhibit 1. CentralSquare retains all Intellectual Property Rights in development work performed and Customer may request consulting and development work from CentralSquare as a separate billable service.

  • Research Project The findings of any research project, which would change the provisions of this Agreement will not be implemented until such changes are negotiated and agreed to by the parties.