Development Work Program and Budget definition

Development Work Program and Budget shall have the meaning given to that term in the UUOA.
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Development Work Program and Budget means the development work program and budget prepared pursuant to Article 13.2.
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Examples of Development Work Program and Budget in a sentence

  • 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.

  • Operating Costs are, in respect of a Development Area and after the commencement of Commercial Production from it, those costs of an operating nature which directly relate to its Development, or to the Production of Petroleum therefrom, and are incurred in respect of activities carried out substantially in accordance with an approved Development Work Program and Budget, but without prejudice to Article 5.3 of the Contract.

  • Within ninety (90) days following approval of the Development Plan by the Management Committee, the CONTRACTOR shall prepare and submit to the Management Committee a proposed work program and budget for Development Operations (the "Development Work Program and Budget") to be carried out in the Production Area for the duration of the Development Operations.

  • Any determination shall take due and proper regard of the Phase 1 Plan of Development for the Jubilee Field, the Unit Development Plan and the Development Work Program and Budget (and any updates thereto) and the provisions and requirements of the Project Agreements.

  • Each Forecast (and all Forecast Assumptions used) shall have due and proper regard to any reasonable view expressed by any of the Consultants in a report delivered for the purpose of preparing the Forecast, the Phase 1 Plan of Development for the Jubilee Field, the Unit Development Plan and the Development Work Program and Budget and the provisions and requirements of the Project Agreements (and any updates thereto).

Related to Development Work Program and Budget

  • Annual Work Plan and Budget means each annual work plan and budget (including related cash forecasts) for the implementation of the Project approved by the Association, referred to in Section I.D of Schedule 2 to this Agreement; and “Annual Work Plans and Budgets” means, collectively, all such plans and budgets.

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

  • Development Plan has the meaning set forth in Section 3.2.

  • Development Plans has the meaning set forth in Section 3.2.

  • Research Budget has the meaning set forth in Section 3.2.