Work and Budget Program for the Subsequent Years Sample Clauses

Work and Budget Program for the Subsequent Years. By September 1st of each calendar year, the Operator shall submit to the other Consortium Members a proposed Work and Budget Program detailing the operations to be executed in the following year. Within thirty (30) days after delivery, the Operating Committee shall meet to analyze and resolve upon the Work and Budget Program. If the Operating Committee does not approve an Operation of the proposed Work and Budget Program, any Contractor may, in the future, propose to execute it as an Operation with Exclusive Risk, pursuant to Section IV of this Annex. In case the Work and Budget Program is approved by the Operating Committee, the Operator shall take the measures necessary for submitting it to ANP. In case ANP requires changes in the Work and Budget Program, the matter shall be submitted again to the Operating Committee for further analysis, following the procedures and deadlines established in the preceding paragraphs. The Work and Budget Programs in the Exploration Phase shall include at least part of the obligations related to the Minimum Exploration Program, which shall be performed during the following calendar year. Any Work and Budget Program approved may be revised by the Operating Committee when deemed convenient. As such reviews are approved by the Operating Committee, the Work and Budget Program shall be changed and, in this event, the Operator shall prepare and submit such restatements to ANP.
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Work and Budget Program for the Subsequent Years. By September 1st of each calendar year, the Operator shall submit to the other Consortium Members a proposed Work and Budget Program detailing the operations to be executed in the following year. Within thirty (30) days after delivery, the Operating Committee shall meet to analyze and resolve upon the Work and Budget Program. If the Operating Committee does not approve an Operation of the proposed Work and Budget Program, any Contractor may, in the future, propose to execute it as an Operation with Exclusive Risk, pursuant to Section IV of this Annex. In case the Work and Budget Program is approved by the Operating Committee, the Operator shall take the measures necessary for submitting it to ANP. In case ANP requires changes in the Work and Budget Program, the matter shall be submitted again to the Operating Committee for further analysis, following the procedures and deadlines established in the preceding paragraphs. The Work and Budget Programs in the Exploration Phase shall include at least part of the obligations related to the Minimum Exploration Program, which shall be performed during the following calendar year. Any Work and Budget Program approved may be revised by the Operating Committee when deemed convenient. As such reviews are approved by the Operating Committee, the Work and Budget Program shall be changed and, in this event, the Operator shall prepare and submit such restatements to ANP. Exploration Plan The Operator shall submit the proposed Exploration Plan to the other Consortium Members in up to sixty (60) days of the date of creation of the Operating Committee. The Operating Committee shall analyze and resolve upon the Exploration Plan in up to thirty (30) days as of the date of submission of the proposal. In case the Exploration Plan is established by the Operating Committee, the Operator shall take the measures necessary for submitting it to ANP for analysis and approval. In case ANP requires changes in the Exploration Plan, the matter shall be submitted again to the Operating Committee for further analysis, following the procedures and deadlines established in the preceding paragraphs Notification of Discovery Any Discovery in the Contract Area shall be formally notified by the Operator to the other Consortium Members and to ANP within no more than seventy-two (72) hours. The notice shall be followed by all relevant data and information available.
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Related to Work and Budget Program for the Subsequent Years

  • Annual Work Plans (a) The Recipient shall prepare in accordance with guidelines acceptable to the Association and furnish to the Association not later than March 31 in each calendar year, a proposed annual work plan and budget for the Project for the following fiscal year of the Recipient, of such scope and in such detail as the Association shall reasonably request.

  • Annual Work Plan and Budget 1. The Recipient shall, not later than November 30th of each year, prepare and furnish to the Association an annual work plan and budget (“Annual Work Plan and Budget”) for the Project for the subsequent year, said Annual Work Plan and Budget of such scope and detail as the Association shall have reasonably requested.

  • Annual Work Plans and Budgets The Recipient shall furnish to the Association as soon as available, but in any case not later than September 1 of each year, the annual work plan and budget for the Project for each subsequent year of Project implementation, of such scope and detail as the Association shall have reasonably requested, except for the annual work plan and budget for the Project for the first year of Project implementation, which shall be furnished no later than one (1) month after the Effective Date.

  • Planning Periods Teachers in secondary schools shall receive not less than 225 minutes of unassigned planning time on a weekly basis and shall be scheduled for one unassigned planning period per day of not less than forty-five (45) consecutive minutes. Neither this provision, nor 8.8 below will apply during times when the normal school schedule must be adjusted during emergencies; or in cases when an individual teacher has requested in writing to teach more than the usual number of periods for teachers in that subject in that school, or in the case of a teacher who volunteers for other school activities during the scheduled unassigned planning period.

  • Development Plans 4.3.1 For each Licensed Indication and corresponding Licensed Product in the Field, Licensee will prepare and deliver to Licensor a development plan and budget (each a “Development Plan”). The initial Development Plans for each Licensed Indication will be delivered within […***…] after the Grant Date for such Licensed Indication.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • TASK 1 GENERAL PROJECT TASKS PRODUCTS

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • Development Period The Contractor may commence pre-construction activities like utility shifting, boundary wall construction or any other activity assigned to the Contractor by the Authority to enable construction of the Project Highway immediately after signing of the Agreement, to the extent that such work is ready for execution. The Parties agree that these works may be taken up and completed to the extent feasible by the Contractor, before declaration of the Appointed Date, but no claim against the Authority for delay shall survive during this period and that the undertaking of these works by the Contractor shall not count towards the Scheduled Construction Period of the project which starts counting only from the Appointed Date. No construction activity of the Project Highway shall be undertaken during the development period.

  • Planning Period  Middle and High School teachers shall have one normal instructional period each day as preparation time or a cumulative plan time each week that would be equal to 160 minutes per four

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