Annual Work Program and Budget means, for any Calendar Year, the work program and budget for Joint Development Operations during such Calendar Year.
Annual Work Program and Budget means an Annual Work Program and Budget of MOA to be prepared for each Fiscal Year for the Project and setting forth, inter alia, activities planned under its work program for the Project and estimated costs for such activities, including details of activities to be funded by the Recipient.
Annual Work Program and Budget or “AWPB” means the annual work program and budget for determining the LC Activities (as this term is hereinafter defined) to be prepared pursuant to the provisions of paragraph B of Schedule 5 to this Agreement, and the criteria and procedures set out in the PIP (as this term is hereinafter defined);
Examples of Annual Work Program and Budget in a sentence
Before making an expense provided for in the Exploratory Work Plan or the previously approved Annual Work Program and Budget of the Production Phase, the Operator must issue an Expenditure Authorization to the Operating Committee if the amounts involved exceed US$ 7 million (seven million US dollars), subject to paragraph 3.31.
More Definitions of Annual Work Program and Budget
Annual Work Program and Budget means (a) so long as the Joint Development Agreement is in effect, the “Annual Work Program and Budget” as defined in the Joint Development Agreement and (b) for any Calendar Year (or portion thereof) after the termination of the Joint Development Agreement, the work program and budget for operations to be conducted by the Company during such Calendar Year or portion thereof.
Annual Work Program and Budget or “AWPB” means each Annual Work Program and Budget to be prepared for each Fiscal Year by the Recipient for the Project and setting forth, inter alia, activities planned under its work program for the Project and estimated costs for such activities.
Annual Work Program and Budget has the meaning set forth in Section 8.5(a);
Annual Work Program and Budget means a work program and budget for any fiscal year submitted, or to be submitted, annually in advance by the Borrower, and pertaining to the Project, or any part thereof;
Annual Work Program and Budget means an Annual Work Program and Budget of DOR and RBN to be prepared for each Fiscal Year for the Project and setting forth, inter alia, activities planned under the work program of DOR and RBN for the Project and estimated costs for such activities.
Annual Work Program and Budget means the specific document describing, item by item, the Petroleum Operations which the CONTRACTOR plans to conduct during a Calendar Year (or part thereof) and the estimated expenditures for such Petroleum Operations, as prepared by the CONTRACTOR in accordance with Article 16.1 and approved by the Management Committee pursuant to Article 16.3, or deemed approved pursuant to Articles 16.4 or 16.7;
Annual Work Program and Budget means the work program and budget to be prepared by the Borrower in accordance with paragraph 3 of Schedule 4 to this Agreement;