Assessment Program. THE CONTRACTOR will present and perform an Assessment Program of the Discovery if it considers that the Discovery has commercial potential, pursuant to the rules set forth in this Clause. If the Discovery is made during the Exploration Period, THE CONTRACTOR will present an Assessment Program within the six (6) months following the end of the drilling of the Exploration Well where the Discovery was made or the end of the Exploration Period, whichever happens first. If the Discovery results from the performance of a Subsequent Exploration Program, THE CONTRACTOR will present the Assessment Program within the six (6) months following the end of the drilling of the Exploration Well where the Discovery was made.
Assessment Program. Assessment Operations plan presented by THE CONTRACTOR to XXX pursuant to Clause 14 below with the purpose of assessing a Discovery and determining whether or not it is a Commercial Field. The performance of the Assessment Program and the presentation of a final results report to XXX are mandatory to declare whether or not a Discovery is a Commercial Field. Work Program: Description of activities and of Exploration, Assessment and/or Production Activities in the Contract Area under the terms of this Agreement. The Work Program will include the schedule according to which THE CONTRACTOR will begin and complete the activities, and the corresponding budget.
Assessment Program. Assessment Operations plan presented by THE CONTRACTOR to XXX pursuant to Clause 14 below with the purpose of assessing a Discovery and determining whether or not it is a Commercial Field. The performance of the Assessment Program and the presentation of a final results report to XXX are mandatory to declare whether or not a Discovery is a Commercial Field. Work Program: Description of activities and of Exploration, Assessment and/or Production Activities in the Contract Area under the terms of this Agreement. The Work Program will include the schedule according to which THE CONTRACTOR will begin and complete the activities, and the corresponding budget. Point of Delivery: The place agreed by the Parties where THE CONTRACTOR will make available to XXX the portion of Hydrocarbons corresponding to the established legal Royalties and those stated in the law and in Chapter V, as well as the economic rights set forth in Chapter VI resulting from the commercial field(s), with the minimum specifications to enter the CONTRACTOR’S transportation system and contained in applicable regulations. From this point onwards, the control and custody of said portion of Hydrocarbons produced will pass to XXX.Xx the event that the Parties do not reach an agreement to determine the Point of Delivery, XXX will determine this point and in any event, it will be a point located at the exit of the treatment unit or the entrance point to the CONTRACTOR’S transportation system.
Assessment Program. The Contractor shall conduct an ongoing self- assessment process that continually samples and validates actual program practice with prescribed DOE and Laboratory policies, standards and procedures.
Assessment Program. GreenTag® reserves the right to upgrade and review the content of the GreenTag® Standard and/or assessment processes and impose any new conditions or standards at the beginning of each new 3 year period. Such upgrades to the standard will not be without the required notification, consultation and review periods as required by the GreenTag® Standard.
Assessment Program. It is the Assessment Operations Program submitted by the CONTRACTOR to the XXX as per Clause 7 hereof, in order to evaluate a Discovery and to establish whether or not it is a Commercial Field. The execution of the Assessment Program and the submission of a Results’ Report to the XXX are requirements to declare a Discovery as Commercial Field.
Assessment Program. Contractor intends to provide, at its own expense, Contractor’s VRI Solution(s) to be installed in three (3) California courtrooms, in order to participate in the VRI Assessment Program. The Establishing JBE intends to provide Contractor with comprehensive data and feedback regarding Contractor’s VRI Solution(s) in a live California court environment. If the Contractor’s VRI Solution(s) satisfactorily meets the requirements the VRI Assessment Program, the Establishing JBE intends to execute the acceptance form set forth as Attachment 1, which will authorize Contractor to enter into Participating Addenda with Participating Entities and provide Contractor’s VRI Solution(s) to the Participating Entities pursuant to the terms and conditions of the Master Agreement.
