Date of Establishment of a Commercial Field definition

Date of Establishment of a Commercial Field means the date on which Contractor has received written approval from the Operations Committee for the Development Plan of a Commercial Field.

Examples of Date of Establishment of a Commercial Field in a sentence

  • Within ninety (90) Days of its election date, Staatsolie shall pay to Operator its share of all Operating and Development Expenditures incurred by Contractor since the Date of Establishment of a Commercial Field.

  • The date on which the Operations Committee approves a Development Plan shall be the Date of Establishment of a Commercial Field.

  • Staatsolie has the right to participate in the Development Operations and Production Operations of each Commercial Field on a Commercial Field by Commercial Field basis, such right to be exercised by notice to Contractor no later than three hundred and sixty (360) Days after the Date of Establishment of a Commercial Field.

  • From 1980 to 1992, Mr. O'Connell served with The Cooper Companies, Inc.

Related to Date of Establishment of a Commercial Field

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • Development Area means that area to which a development plan is applicable.