Independent Engineers definition

Independent Engineers means an independent petroleum engineering firm chosen by Borrower and acceptable to Administrative Agent.

Independent Engineers means a person with relevant expertise as detailed in Schedule 11;

Independent Engineers means two (2) engineers selected by Landlord from a pre-approved list. From time to time, but not more than once during any period of twelve (12) consecutive months, Landlord and Tenant may each recommend two or more independent professional engineers, licensed by the State of New York, for inclusion on the pre-approved list. Any such recommendations by Landlord or Tenant shall be subject to the written approval of the other party, which approval shall not be unreasonably withheld.

Examples of Independent Engineers in a sentence

• Independent Engineers shall be expected to fully comply with all the provisions of the`Terms of Reference’, and shall be fully responsible for supervising and ensuring that the Designs, Construction and Maintenance and Operation of the facility takes place in accordance with the provisions of the Concession Agreement.

• Independent Engineers shall be expected to fully comply with all the provisions of the`Terms of Reference’, and shall be fully responsible for supervising the Designs, Construction and maintenance and operation of the facility takes place in accordance with the provisions of the Concession Agreement and other schedules.

• Independent Engineers shall be expected to fully comply with all the provisions of the `Terms of Reference’, and shall be fully responsible for supervising and ensuring that the Designs, Construction and Maintenance and Operation of the facility takes place in accordance with the provisions of the Concession Agreement.

• When considering any matter referred or reserved to the Independent Engineer, such documents and information to be supplied within such time limit as the Independent Engineer may specify in the Independent Engineer's request (subject to any extension of time granted at the absolute discretion of the Independent Engineer).

• NH- 15017/36/2016-P&M(SPZ), dated July, 12, 2016 “ Standardisation of reporting responsibility of Independent Engineers (IEs)/Authority’s Engineers (AEs) for NH Projects.

More Definitions of Independent Engineers

Independent Engineers means a person with relevant expertise as detailed in Article 34;

Independent Engineers means (a) any of Netherland, Xxxxxx & Associates, Inc., Xxxxx Xxxxx Company, L.P., Xxxxxx, Xxxxxxxxx & Associates, Inc., or XxXxxxxx and XxxXxxxxxxx, and (b) any other nationally recognized independent petroleum engineering company that is designated by Borrower with the consent of Administrative Agent.

Independent Engineers means an independent petroleum engineering firm chosen by Borrower and acceptable to Administrative Agent. “Initial Borrowing Base” has the meaning given to such term in Section 2.8.

Independent Engineers means Netherland, Xxxxxx & Associates, Inc., XxXxxxxx and XxxXxxxxxxx and Outtrim Xxxxx Associates Ltd., or such other engineering firm or firms as may be selected by the Borrower with the prior approval of the Agent.

Independent Engineers means McXxxxxx & Associates Consultants Limited, Haxx Xetroleum Engineering Services, Inc. and/or any other firm of independent petroleum engineers of recognized North American standing retained by the Company to evaluate, audit or review its and its Subsidiaries’ Proved Reserves and Probable Reserves.

Independent Engineers means two (2) engineers selected by Landlord and reasonably approved by Xxxxxx. From time to time, but not more than once during any period of twelve (12) consecutive months, Landlord and Tenant may each recommend two or more independent professional engineers, licensed by the State of New York, for inclusion on the list. Any such recommendations by Landlord or Tenant shall be subject to the written approval of the other party, which approval shall not be unreasonably withheld. (e) “Simple Payback Period” shall mean the number of years (expressed in months) obtained by dividing (x) the aggregate costs of any such Energy Efficient Capital Improvement by (y) the anticipated annual savings in utility costs (which shall be the average of the determinations by the two Independent Engineers of such annual savings) includable in Operating Expenses (the “Projected Annual Savings”). By way of example, if the aggregate costs of such Energy Efficient Capital Improvement is $2,000,000 and the Projected Annual Savings are $500,000 per annum, then the Simple Payback Period for such Energy Efficient Capital Improvement is four years (expressed as forty-eight (48) months). The Projected Annual Savings and the Simple Payback Period shall be certified in writing by the Independent Engineers.

Independent Engineers means AMEC Mining & Metal Consultants, Xxxxxx Xxxxxx Associates Inc. and SENES Consultants Limited.