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Enhanced Redevelopment Plan definition

Enhanced Redevelopment Plan means, pursuant to Article 11.3, the full Field redevelopment plan, based on all knowledge existing on the Effective Date as well as additional knowledge derived from the execution of the Rehabilitation Plan; all with the objective of increased and optimized production and enhanced recovery of Petroleum from the Field.
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Enhanced Redevelopment Plan means, pursuant to Article 2.2, the full Field Redevelopment Plan, based on all knowledge existing prior to Effective Date as well as additional knowledge derived from the execution of the Rehabilitation Plan; all with the objective of increased and optimized production and enhanced recovery of Petroleum from the Field.
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Examples of Enhanced Redevelopment Plan in a sentence

  • Crude Oil shall be transferred at the Transfer Point from one or more Crude Oil quality streams in accordance with the approved Rehabilitation or Enhanced Redevelopment Plan, and at the pressure commensurate with the pressure required by the Transportation System.

  • Operator on behalf of Contractor shall have the right and the obligation to tender Crude Oil at the Transfer Point at a certain average rate as per the current approved production schedule for the Contract Area based on the approved Rehabilitation or Enhanced Redevelopment Plan.

  • Unless related to obligations under Annex E, Contractor shall have no obligation to build Transportation Facilities downstream of the Transfer Point unless this is agreed and incorporated in the Rehabilitation and/or Enhanced Redevelopment Plan.

  • Contractor shall relinquish to ROC, within six (6) Years from the approval date of the Enhanced Redevelopment Plan, any discovered but undeveloped reservoir(s) not targeted in or for which Development Operations have not effectively started in accordance with the Enhanced Redevelopment Plan.

  • Unless related to obligations under Annex E, Contractor shall have no obligation to build transportation facilities downstream of the Transfer Point unless this is agreed and incorporated in the Rehabilitation and/or Enhanced Redevelopment Plan.

  • Contractor shall relinquish to SOC, within six (6) Years from the approval date of the Enhanced Redevelopment Plan, any discovered but undeveloped reservoir(s) not targeted in or for which Development Operations have not effectively started in accordance with the Enhanced Redevelopment Plan.

  • In either case, if the total period taken for approval and endorsement by ROC of the Rehabilitation Plan or the Enhanced Redevelopment Plan exceeds one hundred and twenty (120) days, then the Term together with all rights and obligations hereunder shall be extended to reflect the additional time taken for approvals.

  • The Enhanced Redevelopment Plan (and any Revision) submitted by Contractor for approval must contemplate achieving the Plateau Production Target within the designated time periods.

  • In either case, if the total period taken for approval and endorsement of the Rehabilitation Plan or the Enhanced Redevelopment Plan exceeds one hundred and twenty (120) days, then the Term together with all rights and obligations hereunder shall be extended to reflect the additional time taken for approvals and the Parties shall agree in good faith a mechanism to maintain Contractor’s Economic Position.

  • In either case, if the total period taken for approval and endorsement by SOC of the Rehabilitation Plan or the Enhanced Redevelopment Plan exceeds one hundred and twenty (120) days, then the Term together with all rights and obligations hereunder shall be extended to reflect the additional time taken for approvals.

Related to Enhanced Redevelopment Plan

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Redevelopment Agreement means an agreement between the

  • Cost allocation plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Utilization plan means a form and additional documentation included in all bids or proposals that demonstrates a vendor’s proposed utilization of vendors certified by the Business Enterprise Program to meet the targeted goal. The Utilization Plan shall demonstrate that the Vendor has either: (1) met the entire contract goal or (2) requested a full or partial waiver and made Good Faith Efforts towards meeting the goal.

  • PEBB program means the program within the HCA that administers insurance and other benefits for eligible employees (as described in WAC 182-12-114), eligible retired employees (as described in WAC 182-12-171 and 182-12-180), eligible survivors (as described in WAC 182-12-180, 182-12-250, and 182-12-265), eligible dependents (as de- scribed in WAC 182-12-250 and 182-12-260) and others as defined in RCW 41.05.011.

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • Development Contribution means the provision made by a developer under a planning agreement, being payment of a monetary contribution, the dedication of land, the carrying out of a work-in-kind, the provision of a material public benefit to be used for or applied towards a public purpose, or any combination of the above.

  • Redevelopment project means a specific construction project

  • Commercial plan means a subcontracting plan (including goals) that covers the offeror’s fiscal year and that applies to the entire production of commercial items sold by either the entire company or a portion thereof (e.g., division, plant, or product line).

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Development Phase means the period before a vehicle type is type approved.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • Project Implementation Plan means the Project Implementation Plan referred to in paragraph 3 (a) of Schedule 4 to this Agreement, as same may be amended from time to time in agreement with the Association, and such term includes any schedules to the Project Implementation Plan;

  • Temporary clean coal technology demonstration project means a clean coal technology demonstration project that is operated for a period of five years or less and that complies with the SIP and other requirements necessary to attain and maintain the national ambient air quality standards during the project and after the project is terminated.

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Development Project means a project for the development of land within a

  • Development Plan has the meaning set forth in Section 3.2.

  • Loan Program means the State Treasurer’s Interest-Free Loan Program for Colorado School Districts authorized pursuant to the Loan Program Statutes.

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Individualized Education Program (IEP) means a written statement for a child with a disability that is developed, reviewed, and revised in accordance with Sections 300.320 through 300.324 of 34 CFR.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • capital accumulation plan means a tax assisted investment or savings plan, including a defined contribution registered pension plan, a group registered retirement savings plan, a group registered education savings plan, or a deferred profit-sharing plan, that permits a plan member to make investment decisions among two or more investment options offered within the plan, and in Québec and Manitoba, includes a simplified pension plan;

Most Referenced Clauses

Most Referenced Definitions