Retention Areas Sample Clauses

The Retention Areas clause defines specific portions of a property or premises that must be maintained or kept by a particular party, often the tenant, during and after the term of an agreement. This clause typically outlines which areas are considered retention areas, the standards for their upkeep, and any restrictions on their use or modification. By clearly designating responsibility for these areas, the clause helps prevent disputes over maintenance obligations and ensures that key parts of the property remain in good condition throughout the contractual relationship.
Retention Areas. (a) The Contractor may request the Ministry to declare a retention area in accordance with the procedures and on such conditions as stipulated in the Act.
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Retention Areas. The Contractor may request the Ministry to declare a retention area in accordance with the procedures and on such conditions as stipulated in the Applicable Law on onshore Petroleum Operations.
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Retention Areas. 7.4.1 If following the initial evaluation in accordance with clause 6.4.
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Retention Areas. (a) If the Appraisal of a Discovery of non-associated Natural Gas evidences that at that stage such Discovery is not, either on its own or in combination with other Discoveries, commercially viable, but that it is likely to become so within a reasonable period of time which may not exceed five (5) years from the date of term of the Exploration Period, ANPM may, at Contractor’s request, declare a “Gas Retention Area”, subject to the compliance of the requirements set forth in this Article. (b) At Contractor’s request and upon the production of convincing evidence that an extension of the period of a given Gas Retention Area is likely to result in a declaration of a Commercial Discovery, ANPM may extend the period of such Gas Retention Area as it may deem necessary, in the terms and conditions ANPM may consider appropriate. (c) A Gas Retention Area shall consist of a single contiguous area comprising the Discovery and including sufficient surrounding area to cover the likely and possible extension of such Discovery. (d) ANPM may exclude from the Gas Retention Area deeper formations in which no Discovery has been made.
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Retention Areas. The Contractor may request the Ministry to declare a retention area in accordance with the procedures and on such conditions as stipulated in the Applicable Law in Timor-Leste.
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Retention Areas. (a) If the Appraisal of a Discovery of non-associated Natural Gas evidences that at that stage such Discovery is not, either on its own or in combination with other Discoveries, commercially viable, but that it is likely to become so within a reasonable period of time which may not exceed five (5) years from the date of term of the Exploration Period, ANPM may, at Contractor’s request, declare a “Gas Retention Area”, subject to the compliance of the requirements set forth in this Article. (b) At Contractor’s request and upon the production of convincing evidence that an extension of the period of a given Gas Retention Area is likely to result in a declaration of a Commercial Discovery, ANPM may extend the period of such Gas Retention Area as it may deem necessary, in the terms and conditions ANPM may consider appropriate. (c) A Gas Retention Area shall consist of a single contiguous area comprising the Discovery and including sufficient surrounding area to cover the likely and possible extension of such Discovery. (d) ANPM may exclude from the Gas Retention Area deeper formations in which no Discovery has been made. (e) The Gas Retention Area shall be deemed to have been relinquished upon expiry of the Period set forth in this Article 3.5(a). (f) The Gas Retention Area shall be deemed to have been relinquished in case Contractor ceases to meet its obligations under this Article. (g) Gas Retention Area shall be deemed to have ceased to exist upon the declaration of a Commercial Discovery and/or a Development Area, as the case may be. (h) Gas Retention Areas which are not part of a Development Area shall be deemed as relinquished. (i) All obligations applicable to the Contractor in relation to the relinquishment of areas apply upon expiry of a Gas Retention Area.
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Related to Retention Areas

  • Common Areas Tenant shall have the non-exclusive right to use in common with other tenants in the Project, and subject to the Rules and Regulations referred to in Article 5 of this Lease, those portions of the Project which are provided, from time to time, for use in common by Landlord, Tenant and any other tenants of the Project (such areas, together with such other portions of the Project designated by Landlord, in its discretion, including certain areas designated for the exclusive use of certain tenants, or to be shared by Landlord and certain tenants, are collectively referred to herein as the “Common Areas”). The Common Areas shall consist of the “Project Common Areas” and the “Building Common Areas.” The term “Project Common Areas,” as used in this Lease, shall mean the portion of the Project designated as such by Landlord or areas within the Project that the occupants of the Building are permitted to utilize pursuant to a recorded declaration and which areas shall be maintained in accordance with the declaration. The term “Building Common Areas,” as used in this Lease, shall mean the portions of the Common Areas located within the Building reasonably designated as such by Landlord. The manner in which the Common Areas are maintained and operated shall be at the reasonable discretion of Landlord and the use thereof shall be subject to the Rules and Regulations as Landlord may make from time to time. Landlord reserves the right to close temporarily, make alterations or additions to, or change the location of elements of the Project and the Common Areas, provided that, in connection therewith, Landlord shall perform such closures, alterations, additions or changes in a commercially reasonable manner and, in connection therewith, shall use commercially reasonable efforts to minimize any material interference with Tenant’s use of and access to the Premises.

  • Common Area (Check one)

  • Parking Areas Landlord and Tenant agree that Landlord will not be responsible for any loss, theft or damage to vehicles, or the contents thereof, parked or left in the parking areas of the Premises and Tenant shall install at least one sign in the parking areas so advising its employees, visitors or invitees who may use such parking areas. Except as otherwise provided in this Section 3.5, parking areas shall be used for parking by vehicles no larger than full-size passenger automobiles or pick-up trucks, herein called "Permitted Size Vehicles." Vehicles other than Permitted Size Vehicles shall be parked and loaded or unloaded as directed by Landlord in the Rules and Regulations. Tenant shall not permit or allow any vehicles that belong to or are controlled by Tenant or Tenant's employees, suppliers, shippers, customers, contractors or invitees to be loaded, unloaded or parked in areas other than those designated by Landlord for such activities. Tenant agrees not to use or permit its employees, visitors or invitees to use the parking areas for overnight storage of vehicles, except for trucks on the Premises in the process of loading or unloading, and except for semi-tractors and trailers parked in the areas shown on the Site Plan as "Tenant's Designated Truck Parking". Tenant covenants and agrees that it shall not permit any of its employees, agents, contractors, vendors or shippers to park trucks, automobiles, trailers or other vehicles on any of the public streets in the general vicinity of the Premises or the industrial or business park in which the Premises are located. If Tenant permits or allows any of the prohibited activities described above for a period of five (5) business days after written notice from Landlord, then Landlord shall have the right, without further notice, in addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved at Landlord's risk and expense. All responsibility for damage and theft to vehicles and their contents is assumed by the parties owning the same, including, respectively, Tenant or Tenant's partners, trustees, officers, directors, shareholders, members, invitees, or any of Tenant's assignees, subtenants or assignees' or subtenants' agents, employees, contractors, customers, suppliers, servants, guests, or independent contractors (collectively, "Tenant Parties"). Tenant shall repair or cause to be repaired, at Tenant's sole cost and expense, any and all damage, ordinary wear and tear excepted, to any portion of the Property caused by the use by Tenant Parties of the driveway or parking areas within the Property. Landlord shall not be liable to Tenant by reason of any moratorium, initiative, referendum, statute, regulation or other governmental action which could in any manner prevent or limit the parking rights of Tenant hereunder. Any governmental charges or surcharges or other monetary obligations imposed relative to Parking rights with respect to the Building shall be considered assessments and shall be Payable by Tenant as set forth in Paragraph 4.1; as of the Commencement Date, Landlord represents there are no such charges or surcharges imposed on the Premises.

  • Leased Premises Lessor hereby leases to Lessee, and Lessee leases and takes from Lessor, the Leased Premises subject to the conditions of this Lease.

  • Premises 25.1 If either Party uses the other Party’s premises, that Party is liable for all loss or damage it causes to the premises. It is responsible for repairing any damage to the premises or any objects on the premises, other than fair wear and tear. 25.2 The Supplier will use the Buyer’s premises solely for the performance of its obligations under this Call-Off Contract. 25.3 The Supplier will vacate the Buyer’s premises when the Call-Off Contract Ends or expires. 25.4 This clause does not create a tenancy or exclusive right of occupation. 25.5 While on the Buyer’s premises, the Supplier will: 25.5.1 comply with any security requirements at the premises and not do anything to weaken the security of the premises 25.5.2 comply with Buyer requirements for the conduct of personnel 25.5.3 comply with any health and safety measures implemented by the Buyer