General Research and Development Sample Clauses

General Research and Development. The Technical Services Provider may through the dealing with programs and budgets, propose to the Operator General Research and Development activities which may serve to improve or safeguard the integrity or profitability of the Transportation System. Such proposals may include costs for pre-studies of General Research and Development activities.
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General Research and Development. The Operator's cost for General Research and Development may be charged to the Joint Account in proportion to the exploration, development and operating cost of the year in accordance with the following provisions: Projects which are not subjected to unlimited audit may be charged to the Joint Account according to the following per cent rates and limits based on annual costs except for area fees, CO2 duty, NOX duty when directly imposed on the Joint operation, purchase of gas for injection and tariffs paid in connection with the processing of petroleum on a third party’s field installation: Exploration cost: 0 - 300 millionNOK 2.5% Operating cost: 0 - 1000 million NOK 2.7% 1000 - 2500 million NOK 1.0% Development cost: 0 - 1000 million NOK 2.5% 0000 - 0000 xxxxxxx XXX 1.0% 2000 - 3500 million NOK 0.5% Tariffs received for the processing of other companies’ petroleum and other revenues that are credited to the Joint Account shall not be deducted at the calculation of the above-mentioned cost. Exploration cost means all cost charged to the Joint Account as exploration cost by decision of the management committee, i.e. normally cost until an approved development plan is established, and in addition all cost outside the area comprised by the development plan. Operating cost means all cost charged to the Joint Account as operating cost by decision of the management committee, i.e. normally direct cost of production and direct and indirect expenses of the operating organisation before and after commencement of production, excluding exploration cost. Development cost means all cost charged to the Joint Account as investments by decision of the management committee, i.e. normally all cost excluding operating cost (including cost related to preparation for operation) for activities in the area comprised by the development plan. Removal cost shall be dealt with as development cost. The Operator shall each Year document that General Research and Development cost has a useful effect for the Norwegian Continental Shelf and has been charged to an extent at least corresponding to the chargeable amounts against the relevant Joint Accounts. The Operator shall charge the Joint Account with the percentage additions at the time of periodic settlement of accounts. Cost charged to the Joint Account in accordance with this Article is not to be included in the basis of calculation. To the extent the Operator is unable to document a cost level sufficient to fully charge the percen...
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General Research and Development. 2.2.3 Corporate Staff and Corporate Management
Sample 1
General Research and Development. The Operator's cost for General Research and Development may be charged to the Joint Account in proportion to the exploration, development and operating cost of the year in accordance with the following provisions: Projects which are not subjected to unlimited audit may be charged to the Joint Account according to the following per cent rates and limits based on annual costs except for area fees, CO2 tax, NOX tax when directly imposed on the Joint operation, purchase of gas for injection and tariffs paid in connection with the processing of petroleum on third party field installations: Exploration cost: 0 - 300 million NOK 2.5% Operating cost: 0 - 1000 million NOK 2.7% 1000 - 2500 million NOK 1.0% Development cost: 0 - 1000 million NOK 2.5% 0000 - 0000 xxxxxxx XXX 1.0% 2000 - 3500 million NOK 0.5% Tariffs received for the processing of other companies’ petroleum and other revenues that are credited to the Joint Account shall not be deducted when calculating the above-mentioned cost. Exploration cost means all costs charged to the Joint Account as exploration cost by decision of the management committee, i.e. normally costs until an approved development plan is established, as well as all costs outside the area comprised by the development plan.
Sample 1

Related to General Research and Development

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

  • Business Development Provide advice and assistance in business growth and development of Party B. 业务发展。对乙方的业务发展提供建议和协助。

  • Clinical Development Licensee will have sole responsibility for and sole decision making over the clinical development of any Product arising from the Research Program in the Field. Notwithstanding the foregoing, if Licensee wishes to conduct clinical development of a Development Candidate at Penn and Penn has the clinical expertise, interest and ability to run such a trial as assessed at Penn’s sole discretion, such a study will be conducted under a separate Clinical Trial Agreement to be negotiated by the Parties prior to initiation of such study. Such separate clinical trial agreement will include a detailed clinical development plan, including costs and time lines for conducting the Clinical Trial.

  • Business Development Company Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

  • Joint Development If joint development is involved, the Recipient agrees to follow the latest edition of FTA Circular 7050.1, “Federal Transit Administration Guidance on Joint Development.”

  • Strategic Planning Facilitate the effective alignment of IT requirements/ Information Resource Management (IRM) plans with strategic business plans and program initiatives. Management Improvements: Development and implementation of improved systems and business practices to optimize productivity and service delivery operations (e.g., analysis, and implementation of improvements in the flow of IT work and program processes and tool utilization, including business system analysis, identification of requirements for streamlining, re-engineering, or re-structuring internal systems/business processes for improvement, determination of IT solution alternatives, benchmarking).

  • Business Development Company Status The Company, during a period of at least 12 months from the Closing Time, will use its commercially reasonable efforts to maintain its status as a business development company; provided, however, the Company may cease to be, or withdraw its election as, a business development company, with the approval of the board of directors and a vote of stockholders as required by Section 58 of the 1940 Act or any successor provision.

  • Proprietary Information and Developments 9.1 The Consultant will not at any time, whether during or after the termination of this Agreement for any reason, reveal to any person or entity any of the trade secrets or confidential information concerning the organization, business or finances of the Company or of any third party which the Company is under an obligation to keep confidential, except as may be required in the ordinary course of performing the Consultant Services to the Company, and the Consultant shall keep secret such trade secrets and confidential information and shall not use or attempt to use any such secrets or information in any manner which is designed to injure or cause loss to the Company. Trade secrets or confidential information shall include, but not be limited to, the Company's financial statements and projections, expansion proposals, property acquisition opportunities and business relationships with banks, lenders and other parties not otherwise publicly available.

  • Collaboration Management Promptly after the Effective Date, each Party will appoint a person who will oversee day-to-day contact between the Parties for all matters related to the management of the Collaboration Activities in between meetings of the JSC and will have such other responsibilities as the Parties may agree in writing after the Effective Date. One person will be designated by Merck (the “Merck Program Director”) and one person will be designated by Moderna (the “Moderna Program Director,”) together will be the “Program Directors”. Each Party may replace its Program Director at any time by notice in writing to the other Party. Any Program Director may designate a substitute to temporarily perform the functions of that Program Director by written notice to the other Party. The initial Program Directors will be: For Moderna: [***] For Merck: [***]

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