Joint Operating definition

Joint Operating means the real and personal property subject to the Operating Agreement to which this Accounting Procedure is attached.
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Joint Operating is an agreement controlling the conduct Agreement" (JOA) of the Joint Venture and joint operations on the Areas, the principle of which are given in Schedule 7 hereto;
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Joint Operating. Agreements: An International Comparison From Petroleum Law XXXXXXXXX X. XXXXX* AND XXx X. DUNDAS** Joint Operating Agreements (XXXx) are often used in capital-intensive resource industries by parties who wish to re- strict their exposure, particularly in limiting costs or liability.
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Examples of Joint Operating in a sentence

  • The Joint Operating Committee shall meet as necessary, but not less than once each calendar year, to carry out the duties set forth herein.

  • All decisions and agreements, if any, made by the Joint Operating Committee, shall be evidenced in writing.

  • The Joint Operating Committee shall hold a meeting at the request of either Party, at a time and place agreed upon by the representatives.

  • At least six (6) months prior to the expected Initial Synchronization Date, Interconnection Customer and Transmission Provider shall each appoint one representative and one alternate to the Joint Operating Committee.

  • Each Party shall cooperate in providing to the Joint Operating Committee all information required in the performance of the Joint Operating Committee's duties.

  • Except in the case of ISOs and RTOs, Transmission Provider shall constitute a Joint Operating Committee to coordinate operating and technical considerations of Interconnection Service.

  • The Joint Operating Committee shall perform all of its duties consistent with the provisions of this LGIA.

  • Each Party shall comply with the Emergency Condition procedures of the applicable ISO/RTO, NERC, the Applicable Reliability Council, Applicable Laws and Regulations, and any emergency procedures agreed to by the Joint Operating Committee.

  • The Joint Operating Committee shall hold a meeting at the request of any Party, at a time and place agreed upon by the representatives.

  • All Parties shall cooperate in providing to the Joint Operating Committee all information required in the performance of the Joint Operating Committee's duties.


More Definitions of Joint Operating

Joint Operating means the Joint Operating Agreement to be entered into Argeement" or "JOA" between the Parties;
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Joint Operating means the Joint Agreement to be enter into Agreement" or "JOA" between the Parties which shall govern the rights and duties of the Parties in relation to the CA. The JOA shall be based on, and shall be substantially in the form of, the 1995 Association of International Petroleum Negotiators Model Form International Operating Agreement;
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Joint Operating. Agreement or JOA means the joint operating agreement between BPZ E&P, as Operator, and Newco, with respect to the License, attached hereto as Attachment B. License means that certain License Contract for Hydrocarbon Exploration and Exploitation on Xxxxx X-0 xxxxxxxx Xxxx dated as of 30 November, 2001 and any amendments of such instrument. License DOT has the meaning set forth in Section 7.1.4. Long Stop Date means the date falling 15 months from the Signing Date, or such later date as the Parties may agree in writing.
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Related to Joint Operating

  • joint operation means 2 or more joint holders must authorise any withdrawal, payment or transfer from the account (including a direct debit)

  • Joint Operations means all operations necessary or proper for the development, operation, protection and maintenance of the Joint Property.

  • Joint Operating Agreement (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,

  • Development Operations means operations carried out for or in connection with the development of a mine and includes -

  • independent operator means undertakings other than authorised dealers and repairers which are directly or indirectly involved in the repair and maintenance of vehicles, in particular repairers, manufacturers or distributors of repair equipment, tools or spare parts, publishers of technical information, automobile clubs, roadside assistance operators, operators offering inspection and testing services, operators offering training for installers, manufacturers and repairers of equipment for alternative fuel vehicles;

  • Reasonable and Prudent Operator means a Person seeking in good faith to perform its contractual obligations, and in so doing, and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances and conditions.

  • market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • Prudent Operating Practice means (a) the applicable practices, methods and acts required by or consistent with applicable laws and reliability criteria, and otherwise engaged in or approved by a significant portion of the electric power industry during the relevant time period in the Western United States, or (b) any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety and expedition. Prudent Operating Practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather to acceptable practices, methods or acts generally accepted in the electric power industry in the Western United States.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Unit operating hour or "hour of unit operation" means an hour in which a unit combusts any fuel.

  • Salvage operation means any business, trade or industry engaged in whole or in part in salvaging or reclaiming any product or material, including but not limited to metals, chemicals, shipping containers or drums.

  • Account Operator means a bank or other party duly authorised to operate as an account operator pursuant to the Financial Instruments Accounts Act and through which a Bondholder has opened a Securities Account in respect of its Bonds.

  • Mining operation means any operations undertaken for the purpose of winning any mineral as defined in section 3 (d) of Mines and Minerals (Development and Regulation) Act, 1957.

  • Mining Operations means obtaining or extracting any mineral by any mode or method or any purpose directly or indirectly connected therewith or incidental thereto, including—

  • Market Operations Center means the equipment, facilities and personnel used by or on behalf of a Market Participant to communicate and coordinate with the Office of the Interconnection in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • airport operator A natural or legal person authorized to manage or operate an airport. “Airport Tax” It is the amount charged to a Passenger for the use of the airport facilities that can be collected by THE CARRIER with prior authorization, either on the ticket or at each airport, and must be paid by the Passenger. “Airway Ticket or Ticket” (GENERAL DEFINITION). It is the document issued by THE CARRIER or its Authorized Agent as written proof of the transportation agreement. The term that will be used in this Agreement is ticket.

  • Exploration Operations means any operations carried out for or in connection with the exploration for minerals, and includes -

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

  • Operators means the Access Provider and the Access Seeker collectively.

  • In operation means engaged in activity related to the primary design function of the source.

  • Project Operations Manual or “POM” means the Project Operations Manual referred to in Section I.B of Schedule 2 to this Agreement, as the said manual may be amended from time to time, with the prior written approval of the Bank, and such term includes any schedules to the POM.

  • Project Operational Manual means the Project Operational Manual, to be adopted in accordance with Section 6.01 (a) of this Agreement, giving details of guidelines and procedures agreed with the Association for the implementation, supervision, and monitoring and evaluation, of the Project, and the procurement procedures and guidelines for Sub-Projects, as same may be amended from time to time in agreement with the Association, and such term includes any schedules to the Project Operational Manual;

  • Petroleum Operations means, as the context may require, Exploration Operations, Development Operations or Production Operations or any combination of two or more of such operations, including construction, operation and maintenance of all necessary facilities, plugging and abandonment of Xxxxx, safety, environmental protection, transportation, storage, sale or disposition of Petroleum to the Delivery Point, Site Restoration and any or all other incidental operations or activities as may be necessary.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Gaming Operation means the conduct of authorized casino gaming within a casino gaming

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;