Periodic Relinquishment of Exploration Area Sample Clauses

Periodic Relinquishment of Exploration Area. (a) The Contractor shall relinquish:
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Periodic Relinquishment of Exploration Area. (a) The Contractor shall relinquish the Contract Area in accordance with the Applicable Law on onshore Petroleum Operations.
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Periodic Relinquishment of Exploration Area. Not later than at the end of the Exploration Period, all of the Contract Area other than Discovery Area and Development and Production Area shall be relinquished. Contractor may at any time relinquish voluntarily its right hereunder in all or any part of the Contract Area in accordance with the Act. No relinquishment shall relieve Contractor from accrued but unfulfilled minimum expenditure commitment under section 4 of this Contract.
Sample 1
Periodic Relinquishment of Exploration Area. (a) The Contractor shall relinquish at the end of the third (3rd) Contract Year, not less than twenty five (25) percent of the Sub-Blocks in the original Contract Area.
Sample 1
Periodic Relinquishment of Exploration Area. (a) The Contractor shall relinquish the Contract Area in accordance with the Act.
Sample 1

Related to Periodic Relinquishment of Exploration Area

  • Use of Basement and Service Areas The basement(s) and service areas, if any, as located within the (project name), shall be earmarked for purposes such as parking spaces and services including but not limited to electric sub-station, transformer, DG set rooms, underground water tanks, pump rooms, maintenance and service rooms, fire fighting pumps and equipment's etc. and other permitted uses as per sanctioned plans. The Allottee shall not be permitted to use the services areas and the basements in any manner whatsoever, other than those earmarked as parking spaces, and the same shall be reserved for use by the association of allottees formed by the Allottees for rendering maintenance services.

  • GEOGRAPHIC AREA AND SECTOR SPECIFIC ALLOWANCES, CONDITIONS AND EXCEPTIONS The following allowances and conditions shall apply where relevant: Where the company does work which falls under the following headings, the company agrees to pay and observe the relevant respective conditions and/or exceptions set out below in each case.

  • Alpine Areas The employer shall pay an Alpine disability allowance of $2.50 per hour worked on projects in alpine areas.

  • Service Core Allowance The company shall pay $0.95 per hour for all work carried out in construction of service core. This allowance will be adjusted annually (effective from 1 June) in accordance with CPI movements (All Groups, Melbourne) for the preceding 12 months to March (increases to be rounded to the nearest 5 cents).

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