Initial Production Date definition

Initial Production Date means the date of first production of Shipper’s Oil from a well pad connected to an additional Receipt Point described in a Construction Notice.
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Initial Production Date means, for each LNG Train, the first Day that LNG is produced by such LNG Train and delivered to an LNG storage tank during the commissioning and start-up of such LNG Train under this Agreement.
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Initial Production Date means the date of first production of Shipper's Oil from a well pad connected to an additional Receipt Point described in a Construction Notice.
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Examples of Initial Production Date in a sentence

  • Within five (5) Business Days after the occurrence of the Initial Production Date for the LNG Train that is a part of the applicable Stage, Contractor shall provide to Owner a notice stating that the Initial Production Date for that LNG Train has occurred and identifying the Initial Production Date.

  • Notwithstanding the foregoing, Manufacturer shall use its best efforts to produce up to [***] of the Product per annum commencing on or before the [***] of the Initial Production Date.

  • Discussions regarding any possible extension of the Term shall begin on the fourth (4th) anniversary of the Initial Production Date.

  • Notwithstanding the foregoing, the Manufacturer shall produce the Minimum Volume set forth on Schedule 4 hereof commencing on the Initial Production Date.

  • Should the Manufacturer be able to produce more than the Minimum Volume at any time after the Initial Production Date, the Manufacturer shall inform the Company by providing a six month notice period and the Company hereby commits to purchase said volume, which shall be the new the Minimum Volume, when said volume is available.

  • Except for the certificates required by Sections 5.1(a)(ii) and (b)(ii), the Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents delivered electronically, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request for delivery.

  • On the Day immediately following the Day on which the Initial Production Date of Stage I occurs, Contractor shall notify Owner of the date on which the Initial Production Date for Stage II is expected to occur, which date shall be no earlier than [***] Days and no later than [***] Days after the Initial Production Date of Stage I.

  • The LCs shall be arranged during the months of May and June each year for the upcoming Year except that the LCs for the first Year shall be issued within 60 days after the Initial Production Date and shall be for an Annual Minimum Amount which is prorated from the Initial Production Date to the next 30th day of June; provided that Seller shall not be obligated to ship any Potash until the initial LC shall have been issued.

  • Discussions regarding any possible extension of the Term shall begin on or prior to the [*] anniversary of the Initial Production Date.

  • As additional consideration, Purchaser shall pay to Seller Six Million United States Dollars (U.S. $6,000,000) (the “Post-Closing Payment”) within thirty (30) days after the Initial Production Date.


More Definitions of Initial Production Date

Initial Production Date means, unless otherwise mutually agreed by the Borrower and the Lender, the date of the first sale of production from the Subject Interests.
Sample 1
Initial Production Date means the date of first production of Gas from a well pad connected to an additional Connection Point described in a Construction Notice.
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Initial Production Date means the date that first production from the First Well is saved and sold.
Sample 1
Initial Production Date means that date subsequent to the date hereof on which Purchaser, or any other Person, first (i) removes from the Site any Subject Ore, (ii) engages in any beneficiation or processing activities with respect to any Subject Ore, or (iii) stockpiles or otherwise moves about the Site more than Five Hundred Thousand (500,000) tons of any Subject Ore, other than stockpiling or moving Subject Ore about the Site for the sole purpose of remediating the release or threatened release of Hazardous Substances at the Site that pose a danger to health or the environment.
Sample 1
Initial Production Date means that date upon which Seller will have produced and sold an aggregate amount of 100,000 tonnes of Potash in a 45 consecutive day period, but in no event shall the Initial Production Date be later than the Long Stop Date provided that such Initial Production Date shall only be effective if the Seller shall have advised the Buyer of the Initial Production Date not less than three (3) months in advance of such Initial Production Date;
Sample 1

Related to Initial Production Date

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Commencement of Commercial Production means: (i) if a mill is located on the Property, the last day of a period of 40 consecutive days in which, for not less than 30 days, the mill processed ore from the Property at 60% of its rated concentrating capacity; or (ii) if a mill is not located on the Property, the last day of a period of 30 consecutive days during which ore has been shipped from the Property on a reasonably regular basis for the purpose of earning revenues, but any period of time during which ore or concentrate is shipped from the Property for testing purposes, or during which milling operations are undertaken as initial tune-up, shall not be taken into account in determining the date of Commencement of Commercial Production;

  • Marketing Period means fifteen (15) consecutive Business Days after the date on which both the Required Marigold Vote and Required Montage Vote have been received (a) commencing on the date Montage shall have received the Required Financial Information, all of which is Compliant, provided, that, if Marigold shall in good faith reasonably believe it has provided the Required Financial Information, it may deliver to Montage a written notice to that effect (stating when it believes it has completed such delivery), in which case Marigold shall be deemed to have complied with its obligation to provide the Required Financial Information on the date of delivery of such notice, unless Montage in good faith reasonably believes Marigold has not completed the delivery of the Required Financial Information and within three (3) Business Days after the delivery of such notice by Marigold, delivers a written notice to Marigold to that effect (stating with specificity which Required Financial Information Marigold has not delivered), and (b) throughout which nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 7.1 and Section 7.2 to fail to be satisfied, assuming the Closing were to be scheduled for any time during such fifteen (15) Business Day period; provided, however, that (i) the Marketing Period shall end on any earlier date on which the Transaction Financing is consummated and Montage shall have obtained all of the proceeds contemplated thereby, (ii) the Marketing Period shall not be deemed to have commenced if, prior to the completion of such fifteen (15) Business Day period, (A) Deloitte & Touche LLP shall have withdrawn its audit opinion with respect to any year end audited financial statements set forth in the Required Financial Information, in which case the Marketing Period shall be deemed not to commence unless and until a new unqualified audit opinion is issued with respect to such year end audited financial statements by Deloitte & Touche LLP or another independent registered accounting firm reasonably acceptable to Montage, (B) Marigold shall have publicly announced, or the Marigold Board shall have determined, that a restatement of any material financial information included in the Required Financial Information is required, in which case the Marketing Period shall be deemed not to commence unless and until such restatement has been completed and the applicable Required Financial Information has been amended to reflect such restatement or Marigold has determined that no restatement shall be required or (C) the Required Financial Information is not Compliant (it being understood, for the avoidance of doubt, that if at any time during the Marketing Period the Required Financial Information provided on the first day of the Marketing Period ceases to be Compliant, then the Marketing Period shall be deemed not to have commenced) and (iii) (x) November 25, 2016 shall not be deemed to be a Business Day for purposes of calculating such fifteen (15) consecutive Business Days period and (y) such period (1) shall commence no earlier than January 4, 2016, (2) shall either have been completed prior to August 19, 2016 or shall not commence until September 7, 2016 and (3) shall either have been completed prior to December 21, 2016 or shall not commence until January 2, 2017.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Commercial Product means any such product as defined in FAR 2.101.

  • SOFR IndexStart means the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified in the relevant Final Terms preceding the first date of the relevant Interest Accrual Period (a "SOFR Index Determination Date").

  • Commissioning Period has the meaning set forth in Attachment T.

  • Supply Period means the period commencing on the Supply Period Start Date and terminating on the Termination Date.

  • Billing Commencement Date means the earlier of:

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Offering Commencement Date means the first day of each Offering Period.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Shipment Date , in relation to a mineral, means —

  • OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Commercial project means any project, including, but not

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Commercial Sale means the sale of Product (as indicated by shipment of Product) to an unaffiliated third-party of the Licensee, or of its sublicensee or distribution partner, such as a wholesaler, managed care organization, hospital or pharmacy and shall exclude (i) any transfer of Product by Licensee to its sublicensee, distribution partner or Affiliate and (ii) any distribution of Product for use in research, development, pre-clinical and clinical trials.