JOA definition

JOA means the joint operating agreement currently in force in respect of operations pursuant to a Licence and identified as such in Schedule 1;

JOA has the meaning given to such term in the Recitals to this Agreement.

JOA means a joint operating agreement, in the form attached to this Agreement as Exhibit C, to be executed by the Parties, which in conjunction with this Agreement, shall govern all operations on the Joint Interests as between the Parties.

Examples of JOA in a sentence

• Each such owner shall be bound by the terms of the JOA both before and after recovery of such recoupment amount and also for purposes of proposals for and the conduct of any and all subsequent operations within the Unit, for so long as there is hydrocarbon production from within the Unit.

• SHARING OF NON-CONSENT INTERESTS The designated Operator shall offer each Consenting Party in the initial well who executes the JOA, or who elects to participate under this Order, prior to the expiration of the Election Period an opportunity to acquire its proportionate share of all non-consent interests in the initial well pursuant to the terms of Article VI.B.2. of the JOA.

• Upon recoupment by the “Consenting Parties” (as defined in the JOA) of the total recoupment amount described in Finding No. 8A3 above, the production due the interest(s) of said parties shall be paid to them, their heirs, successors or assigns.

• The Applicant shall provide all parties, except those parties who elect to lease under Alternative A1 or who are deemed to have elected under Alternative A4, both described in Finding No. 8 above, with signed copies of the JOA as adopted by the Commission which shall include an Exhibit “A” showing a before payout and after payout decimal interest for the effected parties, within 30 days from the end of the election period.

• Following the JOA and purchase order issuance, the County will issue a Notice to Proceed (NTP) that will provide the construction start date, the Work duration period, and the Substantial Completion date.

More Definitions of JOA

JOA or “Operating Agreement” means the operating agreement referred to in Article VII herein.

JOA means the Joint Operations Agreement between Nalcor and Emera dated July 31, 2012, relating, among other things, to the operation and maintenance of the LIL;

JOA means the Joint Operating Agreement to be entered into between the Parties based substantially on the 2012 AIPN Model Form Joint Operating Agreement and incorporating the JOA Main Principles.

JOA means: (i) with respect to Properties upon which SOG is the “Operator” under the terms of the Contract Operating Agreement, the “JOA Form”, as such terms are defined therein; and (ii) with respect to Properties which are being developed, managed and operated by a “Third Party Operator”, the “Third Party JOA”, as such terms are defined in the Contract Operating Agreement.

JOA means the Joint Operating Agreement to be entered into between all of the non-governmental parties in respect of Block 4 no later than the Transfer Date. Such JOA will be based on the 1995 AIPN Model Form International Operating Agreement and the AIPN 2000 Model Form Accounting Procedure.

JOA means that certain Joint Operating Agreement dated December 28, 2009, by and between Hilcorp Energy Company, as operator, and SEP Holdings II, LLC, Seller, et al., as non-operators, as amended, restated, supplemented or otherwise modified from time to time.

JOA is defined in Recital C above.