DEVELOPMENT FINANCING. 19.1 Any of the Working Interest Owners shall have the right to obtain project financing for the development of a Commercial Discovery. THE PRESIDENT may, where possible, upon request of a Working Interest Owner, use his good offices to assist in all things necessary to facilitate project financing by a consortium of banks for any portion of the development Expenditure.
DEVELOPMENT FINANCING. 20.1 Any interest payment or other financing cost for Petroleum Operations shall not be a cost recoverable expense for Cost Recovery Oil or Cost Recovery Gas purposes.
DEVELOPMENT FINANCING. If during the Term, Lessee elects to develop or otherwise to construct improvements on the Premises, as set forth in Paragraph 10 above, the parties hereto agree as follows:
DEVELOPMENT FINANCING. (a) arranging finance and bank facilities to fund developments; and
DEVELOPMENT FINANCING. 23.1 Subject to Article 11.9, any of the Working Interest Owners shall have the right to obtain project financing for the development of any Commercial Discovery made in the Badin-II Revised Area. The President, upon request of a Working Interest Owner, shall, where possible, use its good offices to assist in all things necessary to facilitate project financing by a consortium of banks for any portion of the development costs.
DEVELOPMENT FINANCING. 3.10 Equitable Sharing of the Benefits of Development
DEVELOPMENT FINANCING. 4.1 DuPont will make available to Barr xx to forty-five million United States Dollars (45,000,000 USD) in research and development funding for the Research Program. *** ***. The total funding to be provided by DuPont for all three Funded Products shall be limited to Development Costs and shall be limited by calendar quarter as set forth in Exhibit I. If development of a Funded Product is discontinued, no additional funding for that Funded Product will be made after the date of discontinuance, and funding for the other Funded Products will not be increased beyond the levels provided for under Section 4.1 for each Funded Product. Substitution of another drug development product, as allowed in Section 2.9 hereinabove, shall not increase the amount of funding provided under this Section
DEVELOPMENT FINANCING. Burundi has few financial resources available for development, and it will have to make a major effort to increase them. External financing will also have to be mobilized. Burundi must send out political and economic signals strong enough to encourage donors to make a major contribution. These signals have to do with the process of national reconciliation, a strong commitment to economic reform, and the proper management of public affairs. Effective co-ordination of donor activities will be necessary if Burundi's reconstruction and development are to be successful.
DEVELOPMENT FINANCING. Developer shall be responsible for and shall pay all costs of developing the Project and undertaking and completing any Project on any of the Properties, except as otherwise provided in this Agreement and the applicable Future Agreement. As will be specified in the Future Agreements as a condition precedent to Agency's obligation to provide the Agency Funding, for any Project, Developer shall provide the Agency with a Project budget, proposed sources and uses of funds, and evidence of sufficient funds (including Agency Funding) to meet all budget requirements. Except as expressly provided in this Agreement and the applicable Future Agreement, no Party shall have the right of reimbursement for any funds expended by them for the Project. Agency is not obligated by this Agreement or otherwise to make any contribution beyond its obligations stated in this Agreement and the applicable Future Agreement. Any Agency assistance may be reviewed for consistency with any Agency- adopted underwriting standards, policies, and funding requirements that may be applicable to the Agency Funding for a particular Project. A proposed Project as financed under a Future Agreement may be subject, under the applicable provisions of the California Labor Code and determinations of the Department of Industrial Relations pursuant thereto, to the payment of prevailing wages, in whole or in part, for construction of the Project, depending upon sources and uses of Agency Funding. Determination of the applicability of prevailing wages will be considered for each proposed Project and appropriate provisions will be included in each Future Agreement. In any event, for each Future Agreement, Developer will have the opportunity to meet with Developer's legal counsel and may choose to request a determination from the Department of Industrial Relations. It is not the intention of the Parties that the Agency be an indemnitor for any obligation of the Developer for the payment of prevailing wages, unless the Agency, specifically and in its absolute discretion, agrees to accept such role in a Future Agreement regarding the applicability of prevailing wage requirements to a proposed Project.
DEVELOPMENT FINANCING. If during the term of this lease the Lessee elects to do work of development or to construct improvements on the Premises, as set forth in Paragraph 10 above, the parties hereto agree as follows:
