Declaration of Commerciality definition

Declaration of Commerciality means the written notice from the Concessionaire to the ANP declaring one or more Pools as a Commercial Discovery in the Concession Area, pursuant to paragraph 7.1.
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Declaration of Commerciality means a written notice delivered by Contractor to ROC stating that, in the opinion of Contractor, a certain Discovery or multiple Discoveries is a Commercial Discovery which merits preparation and submission of a Development Plan relating thereto.
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Declaration of Commerciality refers to a written declaration by the RE DEVELOPER stating that the electricity to be generated from the Offshore Wind Energy Resources is of Commercial Quantities;
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Examples of Declaration of Commerciality in a sentence

  • In the case of Article 3.7(d) related costs and expenditure shall be paidentirely by Contractor, although these shall be Petroleum Costs if the Expert’sfinding is in favor of a Declaration of Commerciality.

  • Once the Discovery Assessment Plan approved by the ANP has been complied with, the Operational Committee may, in its sole discretion, make the Declaration of Commerciality of the Discovery.

  • The non-submission of the Declaration of Commerciality in a timely manner by the Concessionaire involves the full law extinction of the Contract in relation to the respective area retained for Discovery Assessment.

  • The RE DEVELOPER shall submit to the DEPARTMENT a Work Program for the first five (5) years from its Declaration of Commerciality and its corresponding budget thereof.

  • If it has not been submitted to ANP yet, the Final Discovery Assessment Report should accompany the Declaration of Commerciality.

  • The date of commencement of production of each field must occur within a maximum time limit of 5 (five) years, which may be extended at the discretion of ANP, from the date of submission of the Declaration of Commerciality.

  • On 19 December 2017, the DOE granted the approval of the Oil POD for the SC49 Block, which served as the basis for the Joint Declaration of Commerciality.

  • The Development Period shall be a maximum of twenty-five (25) years commencing at the approval date of the Declaration of Commerciality.

  • The Consortium Members, on behalf of the Operating Committee, should take the necessary measures to notify the Declaration of Commerciality to ANP.

  • Therefore, payment of 10 per cent LD was unavoidable.While accepting the issue of GGR’s breach of contract, OIL added that Declaration of Commerciality (DOC) was supposed to be submitted by June 2014.


More Definitions of Declaration of Commerciality

Declaration of Commerciality means the written declaration to YFP made in the sole discretion of Syntroleum after the completion of the drilling of either the Initial Well, the Second Well, or any of the Additional Xxxxx that the Aje Field is a commercial field and warrants the preparation and submission of a plan of development to the Approval Authorities for their approval.
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Declaration of Commerciality means the date that the Contractor under the PSC has completed all of the appraisal work for a commercial discovery and notifies the JDA that it intends to develop the field and will submit for approval a proposal for a field development program.
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Declaration of Commerciality refers to a written declaration by the RE DEVELOPER stating that the electricity to be generated from the Geothermal Resources is in Commercial Quantities;
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Declaration of Commerciality refers to a written declaration by the RE DEVELOPER stating that the electricity to be generated from the Biomass Energy System is in Commercial Quantities;
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Declaration of Commerciality means a written notice delivered by the Right Holders to the Minister stating that, in the opinion of the Right Holders, a certain Discovery or multiple Discoveries is a Commercial Discovery, which merits preparation and submission of a Development and Production Plan relating thereto.
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Declaration of Commerciality or “DOC” refers to a written declaration by the RE DEVELOPER to the DEPARTMENT, stating that the electricity to be generated from the Wind Energy Resources is of Commercial Quantities;
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Related to Declaration of Commerciality

  • Collaboration Know-How means all Know-How conceived, discovered, developed or otherwise made by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing (solely or jointly by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing) in the course of [***].

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

  • Board of Studies means the Board of Studies of the University;

  • Commercial or marketing purpose means the sale of student data; or its use or disclosure for purposes of receiving remuneration, whether directly or indirectly; the use of student data for advertising purposes, or to develop, improve, or market products or services to students.

  • Manufacturing Know-How means all information, techniques, inventions, discoveries, improvements, practices, methods, knowledge, skill, experience and other technology, whether or not patentable or copyrightable, and any copyrights based thereon, relating to or necessary or useful for the production, purification, packaging, storage and transportation of Collaboration Products, including without limitation specifications, acceptance criteria, manufacturing batch records, standard operating procedures, engineering plans, installation, operation and process qualification protocols for equipment, validation records, master files submitted to the FDA, process validation reports, environmental monitoring processes, test data including pharmacological, toxicological and clinical test data, cost data and employee training materials.

  • Drug Approval Application means an application for Regulatory Approval required before commercial sale of a Product as a pharmaceutical product in a regulatory jurisdiction.

  • Development approval means a document from a governmental entity which authorizes the commencement of a development.

  • Regulatory Approval Application means any application submitted to an appropriate Regulatory Authority seeking any Regulatory Approval.

  • MAA means a Marketing Authorization Application, in relation to any Product, filed or to be filed with the EMA (or equivalent national agency), for authorization to place a medicinal product on the market in the European Union (or any other territory).

  • 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.

  • Marketing Approval Application or “MAA” means a New Drug Application (or its equivalent), as defined in the U.S. Food, Drug and Cosmetic Act and the regulations promulgated thereunder, or any corresponding or similar application, registration or certification in any country.

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • NDA means a New Drug Application, as defined in the regulations promulgated by the United States Food and Drug Administration, or any foreign equivalent thereof.

  • Regulatory Approval means any and all approvals (including MAA Approval, and Pricing and Reimbursement Approval, if applicable), licenses, registrations, permits, notifications and authorizations (or waivers) of any Regulatory Authority that are necessary for the manufacture, use, storage, import, transport, promotion, marketing, distribution, offer for sale, sale or other commercialization of a Product in any country or jurisdiction.

  • Patent License Agreement means the Patent License Agreement substantially in the form of Exhibit C.

  • Non-Commercial Use means any use or activity where a fee is not charged and the purpose is not the sale of a good or service, and the use or activity is not intended to produce a profit.

  • Edible cannabis product means cannabis product that is intended to be used, in whole or in part, for human consumption, including, but not limited to, chewing gum, but excluding products set forth in Division 15 (commencing with Section 32501) of the Food and Agricultural Code. An edible cannabis product is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

  • Clinical Trials means a controlled study in humans of the safety or efficacy of a Product, and includes, without limitation, such clinical trials as are designed to support expanded labeling or to satisfy the requirements of an Agency in connection with any Product Approval and any other human study used in research and Development of a Product.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Marketing Approval means all approvals, licenses, registrations or authorizations of the Regulatory Authority in a country, necessary for the manufacture, use, storage, import, marketing and sale of a Product in such country.

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Collaboration Patent Rights means Patent Rights claiming Collaboration Know-How.

  • Collaboration Patents means any and all Patents that claim or cover any of the Collaboration Know-How.

  • Development Approvals means all permits and other entitlements for use subject to approval or issuance by CITY in connection with development of the Property including, but not limited to: (a) general plan, general plan amendments, specific plans and specific plan amendments; (b) tentative and final subdivision and parcel maps; (c) conditional use permits and master plans; (d) zoning, zoning map amendments, and zoning text amendments; and, (e) grading and building permits.