Minimum Depth definition

Minimum Depth. With respect to any price quote used to determine the Assigned Value of a Broadly Syndicated Loan hereunder, a depth of two.
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Minimum Depth means for (a) a wildcat, or step out well a depth sufficient to test the Formation; or (b) a development well a depth sufficient to test the known producing formations. A wildcat or step out well shall mean a well completed at a distance of not less than two (2) miles from existing or previous production.
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Minimum Depth is hereby added in Section 1.1 in proper alphabetic order:
Sample 1

Examples of Minimum Depth in a sentence

  • A dry hole shall mean a well drilled to the Minimum Depth which does not produce Oil & Gas in Paying Quantities.

  • In some regions information about Project-related events was posted on the partnership organizations’ websites.

  • This lease shall terminate prior to the expiration of the Term if Lessee does not commence or cause to be commenced within ninety (90) days of the Effect Date the Actual Drilling of a well on the Leased Premises and diligently drill such well to the Minimum Depth.

  • Minimum Depth: FT.Maximum Bottom Slope: % Square or Rectangular: Length FT.

  • Minimum Depth perpendicular to the frontage at least at one place, should be available as specified in advertisement.

  • The triangular piece shall have threaded hole (Minimum Depth of 5mm and Dia of 5mm).

  • Minimum Depth (how many feet the sides of the Lot must be “deep” from the front.

  • Minimum Depth (how many feet the sides of the lot must be “deep” from the front.

  • D-5.3 Minimum Depth to Top of Water Main Pipe The top of the pipe shall be a minimum of 36 inches below the bottom of the street subgrade unless indicated otherwise on job plans or directed otherwise by the District Inspector or other public inspector who has jurisdiction because of unusual field conditions.

  • Notwithstanding 15A NCAC 02C .0107(b)(2) (Standards of Construction: Water Supply Wells), in designated areas described in 15A NCAC 02C .0117 (Designated Areas: Water Supply Wells Cased to Minimum Depth of 35 Feet), the source of water shall be greater than 43 feet below land surface.


More Definitions of Minimum Depth

Minimum Depth. With respect to any quote used to determine the Asset Value of a Broadly Syndicated Loan hereunder, a depth of three.
Sample 1

Related to Minimum Depth

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Minimum Price shall have the meaning set forth in Section 7.2(b)(ii).

  • Maximum Daily Starts means the maximum number of times that a generating unit can be started in an Operating Day under normal operating conditions.

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

  • Minimum Extended Summer Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Extended Summer Demand Resources and Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Extended Summer Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Limited Demand Resource Reliability Target for the PJM Region in Unforced Capacity]. For an LDA, the Minimum Extended Summer Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Limited Demand Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative. Minimum Generation Emergency: