General Research and Development definition

General Research and Development means projects (in accordance with the definition of "Research and Development" adopted by the Research Council of Norway) that are carried out by or under the direction of the Operator. The projects shall be beneficial to the upstream operations and be charged to the Operator.
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General Research and Development means projects that are carried out by or under the direction of the Operator. The projects shall be beneficial to the operation of the Transportation System(s) and charged to the Operator.
Sample 1

Examples of General Research and Development in a sentence

  • Finally, certain activities may entail Indirect cost, such as General Research and Development.

  • General Research and Development as delimited in Article 2.2.2 shall not be subject to partner audit.

  • The Operator shall each Year document that General Research and Development cost has a useful effect for the Norwegian Continental Shelf and has been charged to an extent at least corresponding to the chargeable amounts against the relevant Joint Accounts.

  • The Operator's cost for Corporate Management and Corporate Staff may be charged to the Joint Account with 0.65 % of the annual costs for exploration, operation and development of the Joint operation, with the exception of charges for General Research and Development which may be charged to the Joint Account according to Article 2.2.2. Costs for exploration, operation and development shall have the same meaning as in Article 2.2.2.

  • Finally, certain activities may entail Indirect costs, such as General Research and Development.

  • The Operator shall each Year document that General Research and Development cost has a useful effect for the Icelandic Continental Shelf and has been charged to an extent at least corresponding to the chargeable amounts against the relevant Joint Accounts.

  • Audit of costs for General Research and Development Costs for General Research and Development as delimited in Article 2.2.2 shall not be subject to partner audit.

  • The Technical Services Provider may through the dealing with programs and budgets, propose to the Operator General Research and Development activities which may serve to improve or safeguard the integrity or profitability of the Transportation System.

  • Execution of abandonment decisions 2.2. Indirect Costs 2.2.1. Indirect Costs are those related to organisational units/functions that by their nature are indirect, e.g.: 2.2.2. General Research and Development 2.2.3. Corporate Staff and Corporate Management 3.

  • Such proposals may include costs for pre-studies of General Research and Development activities.

Related to General Research and Development

  • Land development means the erection of buildings or structures on land, or the change of use of land, including township establishment, the subdivision or consolidation of land or any deviation from the land use or uses permitted in terms of an applicable land use scheme;