Contents of Program Sample Clauses

Contents of Program. The Operator shall prepare a Program and submit such Program budget to the Management Committee for approval at least 30 days before the beginning of each calendar year. The Management Committee must approve each Program prior to implementation. Each Program shall cover a period of up to 12 months or such other period as the Parties may agree. Each Program must contain: (a) a reasonably detailed outline of all work which the Operator contemplates carrying out on the Property under such Program detailing the areas on the Property to be subject to such work and the time frame for each of the major elements of such work; (b) a reasonably itemized budget, broken down by month, of the projected Expenditures under the Program; and (c) the estimated amount and date of each payment that the non-Operator would have to make to the Operator.
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Contents of Program. The Operator shall prepare a Program and submit such Program budget to the Management Committee for approval at least sixty (60) days before the beginning of each calendar year. The Management Committee must approve each Program prior to implementation. Each Program shall cover a period of up to 12 months or such other period as the Parties may agree. Each Program must contain: (a) a reasonably detailed outline of all work which the Operator contemplates carrying out on the Property under such Program detailing the areas on the Property to be subject to such work and the time frame for each of the major elements of such work; (b) a reasonably itemised budget, broken down by month, of the projected Expenditures under the Program; (c) the budget shall include a contingency provision for costs not specifically itemized in the budget for the Program, which contingency provision shall be, at the Operator’s sole discretion, either a lump-sum dollar amount for the entire Program, or a dollar amount calculated as a percentage of the budgeted total cost for the itemized items and in either case need not be broken down by month, and (d) the estimated amount and date of each payment that the non-Operator would have to make to the Operator.
Sample 1
Contents of Program. (1) During the Hoidas Lake Option Period, the Operator shall prepare an annual work Program and Budget and submit such Program and Budget to the JV Management Committee for review and approval. (2) In the event that: (a) the Hoidas Lake Option Period ends and the Optionee has not duly exercised the Hoidas Lake Second Option; or (b) the Optionee has duly exercised the Hoidas Lake Second Option and a Production Decision has not occurred; then the Operator shall not be required to prepare and submit a Program and Budget unless requested to do so by resolution of the JV Management Committee which resolution will also include the deadline for submitting such Program and Budget. If the Operator fails to provide to the JV Management Committee an annual Program and Budget as requested pursuant to this Section 6.1(2) by the resolution of the JV Management Committee totalling at least $500,000, the non-Operator will have the right: (c) to propose to the JV Management Committee an annual Program with a Budget totalling at least $500,000 provided that such Program and Budget will be deemed to be approved by the JV Management Committee; and (d) to elect to and to become Operator in accordance with paragraph 5.2(1)(d). (3) After a Production Decision occurs, if the Operator fails to provide to the JV Management Committee an annual Program and Budget totalling at least $500,000, the non-Operator will have the right: (a) to propose to the JV Management Committee an annual Program and Budget totalling at least $500,000 provided that such Program and Budget will be deemed to be approved by the JV Management Committee; and (b) to elect to and to become Operator in accordance with paragraph 5.2(1)(d). (4) Each Program must contain: (a) a reasonably detailed outline of all Mining Operations which the Operator contemplates carrying out on the Hoidas Lake Project and detailing the areas on the Property to be subject to such Mining Operations and the time frame for each of the major elements of the Mining Operations; and (b) a reasonably itemized Budget, broken down by month, of the projected Joint Venture Expenditures under the Program including the estimated amount and date of each payment that the non-Operator would have to make to the Operator. (5) The Operator shall submit a Program and Budged to the JV Management Committee for approval at least 20 days prior to the annual meeting of the JV Management Committee in respect of each proposed Program and Budget for the following...
Sample 1

Related to Contents of Program

  • Contents of Agreement This Agreement, together with the other Transaction Documents, sets forth the entire understanding of the parties hereto with respect to the Transactions and supersedes all prior agreements or understandings among the parties regarding those matters.

  • Description of Processing Include a description of how the disclosed information will be processed by each receiving party.

  • Why We Collect Information and For How Long We are collecting your data for several reasons: · To better understand your needs and provide you with the services you have requested; · To fulfill our legitimate interest in improving our services and products; · To send you promotional emails containing information we think you may like when we have your consent to do so; · To contact you to fill out surveys or participate in other types of market research, when we have your consent to do so; · To customize our website according to your online behavior and personal preferences. The data we collect from you will be stored for no longer than necessary. The length of time we retain said information will be determined based upon the following criteria: the length of time your personal information remains relevant; the length of time it is reasonable to keep records to demonstrate that we have fulfilled our duties and obligations; any limitation periods within which claims might be made; any retention periods prescribed by law or recommended by regulators, professional bodies or associations; the type of contract we have with you, the existence of your consent, and our legitimate interest in keeping such information as stated in this Policy.

  • Other Methods of Procurement of Goods and Works. The following table specifies the methods of procurement, other than International Competitive Bidding, which may be used for goods and works. The Procurement Plan shall specify the circumstances under which such methods may be used: (a) National Competitive Bidding (b) Shopping (c) Direct Contracting

  • Terms of procurement Terms of submission: Electronic submission: Required Languages in which tenders or requests to participate may be submitted: English Electronic catalogue: Not allowed Deadline for receipt of tenders: 2024­02­19Z 12:00:00Z Information about public opening: Terms of contract: Electronic invoicing: Required

  • Particular Methods of Procurement of Goods Works and Services (other than Consultants’ Services)

  • Performance of Services in Accordance with Regulatory Requirements; Furnishing of Books and Records In performing the services set forth in this Agreement, the Manager: A. shall conform with the 1940 Act and all rules and regulations thereunder, with all other applicable federal, state and foreign laws and regulations, with any applicable procedures adopted by the Trust’s Board of Trustees, and with the provisions of the Trust’s Registration Statement filed on Form N-1A as supplemented or amended from time to time; B. will make available to the Trust, promptly upon request, any of the Fund’s books and records as are maintained under this Agreement, and will furnish to regulatory authorities having the requisite authority any such books and records and any information or reports in connection with the Manager’s services under this Agreement that may be requested in order to ascertain whether the operations of the Trust are being conducted in a manner consistent with applicable laws and regulations.

  • Applications of Proceeds The proceeds of any such sale, lease or other disposition of the Collateral hereunder shall be applied first, to the expenses of retaking, holding, storing, processing and preparing for sale, selling, and the like (including, without limitation, any taxes, fees and other costs incurred in connection therewith) of the Collateral, to the reasonable attorneys' fees and expenses incurred by the Secured Party in enforcing its rights hereunder and in connection with collecting, storing and disposing of the Collateral, and then to satisfaction of the Obligations, and to the payment of any other amounts required by applicable law, after which the Secured Party shall pay to the Company any surplus proceeds. If, upon the sale, license or other disposition of the Collateral, the proceeds thereof are insufficient to pay all amounts to which the Secured Party is legally entitled, the Company will be liable for the deficiency, together with interest thereon, at the rate of 15% per annum (the "Default Rate"), and the reasonable fees of any attorneys employed by the Secured Party to collect such deficiency. To the extent permitted by applicable law, the Company waives all claims, damages and demands against the Secured Party arising out of the repossession, removal, retention or sale of the Collateral, unless due to the gross negligence or willful misconduct of the Secured Party.

  • Particular Methods of Procurement of Goods and Works International Competitive Bidding. Goods and works shall be procured under contracts awarded on the basis of International Competitive Bidding.

  • Other Methods of Procurement of Goods and Works The following table specifies the methods of procurement, other than International Competitive Bidding, which may be used for goods and works. The Procurement Plan shall specify the circumstances under which such methods may be used: (a) National Competitive Bidding (b) Shopping (c) Direct Contracting

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