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AMI Term definition

AMI Term means (i) for all lands within the AMI, the term of this Agreement, plus (ii) for the Initial Interests and all Drilling Rights and/or AMI Interests jointly acquired by the PARTIES during the term of this Agreement, until June 1, 2014 (“AMI Extension”); provided, however, that, during the AMI Extension, the geographic area applicable to the rights and obligations of the PARTIES shall be limited, for purposes of Section II above, to each Governmental Section in which the jointly owned Initial Interests, Drilling Rights and/or AMI Interests are located and the AMI shall terminate at the end of the term of this Agreement as to all other lands not included within such Governmental Sections.
AMI Term has the meaning given it in Section 6.9.
AMI Term means the period following the Effective Date and continuing for a period of three (3) years thereafter;

Examples of AMI Term in a sentence

  • During the AMI Term, if either Party acquires any Leases within the AMI (“AMI Leases”), the other Party shall have the right to acquire its share of such AMI Leases in accordance with the terms and conditions hereof.

  • The term of the AMI ("AMI Term") shall be for a period expiring six (6) months after the termination of the last expiring leasehold interest created by the Leases subject to this Agreement.

  • Similarly, during the AMI Term Aspect shall continue to have the same elections as to continued participation as the immediately preceding Subsequent Deposit runs out until such time as Aspect elects either Partial Termination or Full Termination.

  • In return for Aspect funding the above-described AVO costs, Brigham shall interpret the resulting AVO data and, subject to the xxxxxxctions that have been imposed by the seismic contractor or other party licensing the seismic data to Brigham, Brigham shall immediately share the results of such interxxxxxxxxx xxxx Xspect during the AMI Term.

  • After the expiration of the AMI Term, this Agreement shall terminate as to all of the acreage contained within the contract areas designated by the JOA's, except as to the Leases, Additional Leases, or any other leases acquired during the AMI Term, which are either wholly or partially contained within a Producing Unit.

  • If either AEE (or any of its Affiliates), BSO (or any of its Affiliates) or FXP (or any of its Affiliates) (any such party, an “Acquiring Party”), acquires or agrees to acquire any Oil and Gas Interests (other than the BSO Leases) within the AMI (“Acquired Interests”) during the AMI Term, such Acquiring Party shall offer the other Parties (the “Non-Acquiring Parties”) their respective AMI Share (as defined in Section 3.2) of the Acquired Interests.

  • Development Name: Homestead Colony (“Development”)Location: Miami-Dade CountyDeveloper/Principal: Homestead Colony Limited Partnership (“Developer”)Set-Aside: 40 % @ 50% AMI and 60% @ 60% AMI; Term: 30 yearsNumber of Units: 312Allocated Amount: HOME$1,500,000Demographics: FamilyHousing Credits: $ 1,634,208Notes: HC 94L-003/93L-058Servicer: First Housing Development Corp.

  • If AMI Lands are acquired at any time during the AMI Term by a Party or any of its Affiliates, that Party (the "Acquiring Party") shall forward a notice to the other Party (the "Receiving Party") within seven (7) days of the acquisition of such AMI Lands.

  • Figure 13‐4These vertical bars support the bridge drive for a high production crane.

  • In the event that Aspect has previously elected Partial Termination as provided above and it appears to Brigham that it will spend more than the last Subsequent Deposit xxxxx has been made by Aspect in acquiring Leasehold Interests and Royalty Interests within the Active Prospect Areas during the AMI Term, Brigham shall provide Aspect with copies of the Back-Up Materials rxxxxxx to the Acquired Interests obtained with such Subsequent Deposit.


More Definitions of AMI Term

AMI Term means a period of three years commencing on the Execution Date.
AMI Term means the three (3) year period immediately following the Effective Date.
AMI Term shall have the meaning set forth in Article XI.
AMI Term has the meaning given such term in Section 5.2 herein.
AMI Term shall have the meaning assigned to it in Section 2.1(b).

Related to AMI Term

  • Initial Term has the meaning set forth in Section 7.1.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Research Term has the meaning set forth in Section 3.2.

  • Collaboration Term has the meaning set forth in Section 2.2.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Renewal Period the period described in clause 13.1.

  • Agreement Term has the meaning set forth in Section 11.1.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Renewal Term has the meaning set forth in Section 2.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Research Program Term means the duration of the Research Program as it may be extended or terminated as described more fully in Section 2.10 and Article 8.

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • Extension Term means the time period defined in §2.C.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • License Term means the duration of a License as specified in the Order.

  • Research Period means the research period as described in the Commissioned Research Plan. In accordance with the provisions of this Agreement, in the event that the Agreement ended prior to the completion date of the research originally set, the date the Agreement ends shall be read as the research period.

  • (4) PROGRAM.—The term program’ means

  • Non-Compete Term means in the case of termination for any reason, the period from the Effective Date to the date ending 2 years following the date of termination.

  • (ii) the term barter’ means the exchange

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);