Contractor Consideration definition

Contractor Consideration means, with respect to any Month beginning with the Month in which Regular Commercial Production commences, the share of Hydrocarbon production from the Contract Area that the Contractor is entitled to receive in such Month in accordance with Article 16.3 and Annex 3.
Sample 1Sample 2Sample 3
Contractor Consideration means, with respect to any Month beginning with the Month in which Regular Commercial Production starts, the onerous transfer of Net Hydrocarbons in accordance with Article 16.3 and Annex 3.
Sample 1Sample 2Sample 3

Examples of Contractor Consideration in a sentence

  • The Contractor Consideration for any given Month shall consist of the onerous transfer of the Net Hydrocarbons corresponding to that Month.

  • The portion of the Contractor Consideration regarding the Recoverable Costs Reimbursement shall not exceed the Recoverable Costs Limit, as provided by the provisions of Annex 3, in any Month during the term of this Contract.

  • The Road Authority Engineer dealing with the application or project should be satisfied that the closure is essential for the works and not just to make things more convenient for the Contractor .Consideration should be given to the alternative of using temporary traffic signals in place of a road closure.

  • The Contractor may market the portion of the Net Hydrocarbons corresponding to the Contractor Consideration on its own behalf or through any other registered marketer, provided that if the Contractor commercializes its share of the production to which it is entitled within Mexico, the marketer must be registered with the Energy Regulatory Commission of Mexico in accordance with the Applicable Laws.

  • The Fund shall determine the State Consideration and the Contractor Consideration for each Month in accordance with this Contract beginning upon commencement of Regular Commercial Production based on the information relating to production, quality and other data it receives from the Contractor and CNH.

  • In particular, we thank Wang Long, Wang Jianxun and Yu Jie for providing valuable information in data preparation, and thanks to Rebecca J.

  • The portion of the Contractor Consideration regarding the Recoverable Costs Reimbursement shall not exceed the Recoverable Costs Limit, determined as provided by the provisions of Annex 3, in any Month during the term of this Contract.

  • To the extent that such adjustment period includes a delivery period for which the State Consideration or the Contractor Consideration has been paid, measurements adjusted pursuant to this Article 12.5 shall be used to recalculate the amount due for the period of inaccuracy as provided in Annex 3.

  • Each Participating Company may market the portion of the Net Hydrocarbons corresponding to its share of the Contractor Consideration on its own behalf or through any other marketer, provided that if any Participating Company commercializes its share of the production to which it is entitled within Mexico, the marketer must be registered with the Energy Regulatory Commission of Mexico in accordance with the Applicable Laws.

  • Each of the Participating Companies may market the portion of the Net Hydrocarbons corresponding to the Contractor Consideration on its own behalf or through any other registered marketer, provided that if any of the Participating Companies commercializes its share of the production to which it is entitled within Mexico, the marketer must be registered with the Energy Regulatory Commission of Mexico in accordance with the Applicable Laws.

Related to Contractor Consideration

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).

  • Total Consideration shall have the meaning as set forth in Section 2.8.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Base Consideration is defined in Section 2.2.

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Independent Consideration shall have the meaning as set forth in Section 2.14.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.

  • Non-Cash Consideration means consideration in a form other than cash.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $400,000,000, your Sale Bonus would be $400,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Transfer Price has the meaning set forth in Section 2.01.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Designated Noncash Consideration means the fair market value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Noncash Consideration pursuant to an Officers' Certificate, setting forth the basis of such valuation, executed by the principal executive officer and the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a sale of such Designated Noncash Consideration.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Scheme Consideration means, in respect of:

  • Stock Consideration has the meaning set forth in Section 2.01(c).