Development Work Program definition

Development Work Program means those planed physical multi-disciplinary activities (including but not limited to drilling, engineering, projects, subsurface) required to be undertaken within a Financial Year to deliver the Production upon the agreed date.
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Development Work Program has the meaning set forth in Section 4.2.
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Development Work Program has the meaning given to it in the Joint Development Agreement.
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Examples of Development Work Program in a sentence

  • Such Pilot Development Work Program shall be worked out no later than ninety (90) days from the date of the aforesaid decision made by JMC or the Contractor.

  • Within sixty (60) days after distribution of the proposed Development Work Program (or such later date as may agreed by the Operating Committee), the Operating Committee shall meet to consider, modify (if necessary) and approve or reject the proposed Development Work Program.

  • The Pilot Development Work Program shall, in so far as is practicable, be based on conducting the Pilot Development work continuously, with a view to commencing operations within one hundred and eighty (180) days from the date of the aforesaid decision made by JMC or the Contractor.

  • Notwithstanding any provision of Section 4.1 to the contrary, each Development Party shall have sixty (60) days to consider any proposed amendment that would increase the estimated costs of the Development Work Program for any Calendar Year or any Annual Work Program and Budget by more than ten percent (10%).

  • Such proposed Development Work Program shall automatically include any Development Operations which were approved for such period as part of the prior Development Work Program unless the Operating Committee determines to the contrary.

  • Notwithstanding the preceding, any proposal to reduce the quantity of work to be conducted under the Development Work Program or any Annual Work Program and Budget (to the extent relating to any Development Operations included in any Development Work Program) with respect to any period prior to the Carry Termination Event shall also require the affirmative vote of EXCO.

  • To the extent that such amendment is approved by the Operating Committee, the Development Work Program and relevant Annual Work Program and Budget shall, subject to any required approvals under any Applicable Operating Agreement, be deemed amended accordingly, provided that any such amendment shall not invalidate any commitment or expenditure already made by an operator under an Applicable Operating Agreement in accordance with any previous authorization given pursuant hereto.

  • If the Operating Committee does not approve any such Development Work Program on or prior to the first day of the following Calendar Year (for purposes of this Section 4.2(a)(ii), the “current Calendar Year”), then the Development Work Program for the then-current Calendar Year shall be the Development Work Program, if any, approved for the then-current Calendar Year in the preceding Calendar Year.

  • Any such Non-Budgeted Operation proposed by a Development Party in which all Development Parties agree to participate shall automatically be added to the Development Work Program and the applicable approved Annual Work Program and Budget(s) and shall cease to be a Non-Budgeted Operation.

  • Thereafter, no later than 1 October in each Calendar Year, the CONTRACTOR shall submit to the Management Committee updates in respect of its Development Work Program and Budget.


More Definitions of Development Work Program

Development Work Program has the meaning set forth in Section 6.1(a).
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Development Work Program has the meaning ascribed to such term in the JV Agreement.
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Development Work Program has the meaning set forth in Section 8.02.
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Development Work Program has the meaning assigned in the JV Agreement. “Environmental Laws” has the meaning assigned in the Subscription Agreement. “Event of Default” or “Events of Default” has the meaning assigned in Section 14. “Excluded Taxes” means taxes imposed on or measured by the Lender’s net income (however denominated) by a jurisdiction (or any political subdivision thereof) as a result of its being organized, having its principal office or otherwise doing business (other than solely as a result of Borrower’s activities in a jurisdiction) in such jurisdiction, together with any tax, penalties and interest relating thereto.
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Development Work Program has the meaning assigned in the JV Agreement. “Environmental Laws” has the meaning assigned in the Subscription Agreement. “Event of Default” or “Events of Default” has the meaning assigned in Section 14.
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Development Work Program means a Work Program for Development Operations.
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Related to Development Work Program

  • Work Program means a program of work reasonably acceptable to both parties in respect of a particular Property, contained in a written document setting out in reasonable detail; (i) An outline of the Mining Operations proposed to be undertaken and conducted on the Property, specifically stating the period of time during which the work contemplated by the proposed program is to be done and performed; (ii) The estimated cost of such Mining Operations including a proposed budget providing for estimated monthly cash requirements in advance and giving reasonable details; and (iii) The identity and credentials of the person or persons undertaking the Mining Operations so proposed if not the Optionor, reasonably acceptable to both parties hereto.

  • Development Work means all work and services necessary or desirable in connection

  • Work Programme means the document adopted by the Commission for the implementation of the specific programme28 in accordance with its Article 12 or the equivalent document in content and structure adopted by a funding body.

  • Development Program means the implementation of the development plan.

  • Development Activities means those Development activities undertaken by or on behalf of a Party or its Affiliates with respect to the Product in the Field.