Contract Area means, on the Effective Date, the area described in Appendix-A and delineated on the map attached as Appendix B or any portion of the said area remaining after relinquishment or surrender from time to time pursuant to the terms of this Contract (including any additional area as provided under Article 11.3).
Contract Area means the geographic maintenance area as negotiated between the Employer and the Province of BC.
Contract Area means the area that is the subject of a Petroleum Agreement and, if any part of a Contract Area is relinquished pursuant to a Petroleum Agreement, the Contract Area is the Contract Area as originally granted;
Examples of Contract Area in a sentence
However, Xxxxxx shall raise separate invoice/s mentioning the name of Block / Field / PSC (Production Sharing Contract) Area for such crude.
All obligations, payments and expenses arising from or incidental to the acquisition of such rights shall be for the account of the RE DEVELOPER so as to enable the RE DEVELOPER to have ingress into and egress from the Contract Area and to perform all Wind Energy Operations in accordance with this RE Contract and in consideration of which, entitlement to such rights shall be held in trust in favor of the RE DEVELOPER.
More Definitions of Contract Area
Contract Area means the surface area described in Annex 1, including the geological formations contained in the vertical projection of such surface to the depth indicated in Annex 1, in which the Contractor is authorized and obligated to conduct Petroleum Activities pursuant to this Contract, it being understood that: (i) this Contract does not grant the Contractor any real property rights to the Contract Area or to natural resources in its subsurface, and (ii) the Contract Area shall be reduced in accordance with the terms of this Contract.
Contract Area means the area constituted by the blocks specified in the contract that have not been relinquished or surrendered;
Contract Area means the area specified in Annexes A and B, but not any part of it which has been relinquished under Article 3; “Contract Year” means a period commencing on the Effective Date, or on any anniversary of it, and ending immediately before the next anniversary of it;
Contract Area means that part of the Area allocated to the Contractor for Exploitation, defined by the coordinates listed in schedule 1 hereto.
Contract Area means Block L27 the geographic area covered by this Contract, and described in Appendix "A" and any part thereof not previously surrendered;
Contract Area means on the Effective Date, the area described in Annexes 1 and 2 and, thereafter, the whole or any part of such area in respect of which, at the relevant time, the Contractor continues to have rights and obligations under this Contract.
Contract Area means all lands and oil and gas interests intended to be developed and operated for oil and gas purposes under this agreement. Such lands and oil and gas interests are described in Exhibit "A".