Appraisal Period definition

Appraisal Period means the time granted to an Authorised Person to undertake an Appraisal Work Programme;

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Appraisal Period shall have the meaning set forth in Article 5.2.

Appraisal Period any period of twelve consecutive calendar months commencing on May 1 in any calendar year through and including April 30 in the following calendar year.

Examples of Appraisal Period in a sentence

• An Appraisal Programme shall be for the proposed Appraisal Area and shall contain as a minimum one (1) Appraisal Well during the Appraisal Period to the formations containing the discovery.

• If Concessionaire proposes an Appraisal Programme of more than two (2) Appraisal ▇▇▇▇▇, the Minister may approve an Appraisal Period of three (3) Years.

• Where Concessionaire has declared a Commercial Discovery, the Exploration Period, Appraisal Period or the Significant Gas Discovery retention period shall be extended from the respective maximum periods, until the process regarding the approval of the respective Field Development Plan has been completed by approving such plan or finally rejecting such plan.

• An Appraisal Area shall be relinquished where Concessionaire does not make a declaration of a Commercial Discovery prior to the termination of the Appraisal Period, otherwise the Appraisal Areas may be retained by Concessionaire until the approval of the respective Field Development Plan.

• The Appraisal Period shall be two Years from the date of approval by the Minister of the Appraisal Programme.

More Definitions of Appraisal Period

Appraisal Period shall have the meaning set forth in Article 5.2. “Appraisal Plan” shall have the meaning set forth in Article 5.1.

Appraisal Period has the meaning assigned in Article 14.3

Appraisal Period. , in relation to a teacher, means the period determined in relation to that teacher in accordance with regulation 5;

Appraisal Period has the meaning set forth in Section 3.8(d)(i).

Appraisal Period means the established period of time for which performance will be reviewed and a rating of record prepared.

Appraisal Period means the period granted to the Contractor to conduct Appraisal activities and that comprises the Initial Appraisal Period and the Additional Appraisal Period (if any).

Appraisal Period the period specified in the Appraisal Programme for the conduct of the Appraisal Works;