Nation Blocks definition

Nation Blocks means the portions of three Blocks identified in Schedule 2, or such replacement Blocks as may be identified under clause 8.1.
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Examples of Nation Blocks in a sentence

  • As a result of such surrender, Nation shall have no right ever to receive any interest whatsoever in the Permit or Nation Blocks and no right ever to recover any amounts it previously expended or contributed, whether under this Agreement, in quantum meruit, or under any other legal or equitable principle.

  • If the Petroleum Act or the Permit requires Paltar to relinquish any portion of the Permit Area, Paltar will use its best endeavors to ensure that the Nation Blocks will not be relinquished, although it may not be successful.

  • Paltar will use its best efforts to cause the Nation Blocks to be selected as Paltar Blocks under Article 11 of the JVOA.

  • Paltar will use its best endeavors to ensure that the Nation Blocks will not be relinquished, although it may not be successful.

  • The Share Consideration (if issued) and Cash Consideration are non-refundable consideration for the right given Nation hereunder to earn interests in any Production Licences covering the Nation Blocks that may be granted Paltar under the Permit.

  • If the Petroleum Act or the Permit requires Officer to relinquish any portion of the Permit Area, Officer will use its best endeavors to ensure that the Nation Blocks will not be relinquished, although it may not be successful.

  • Under each Earning Agreement, applications for Production Licenses (as defined therein) may only be made where there has been a Discovery (as defined in such Earning Agreement), so there is no assurance that Production Licenses will be granted covering any of the Nation Blocks.

Related to Nation Blocks

  • Native American means a person having origins in any of the original peoples of North America and who is regarded as such by the community of which this person claims to be a part or who is recognized by a tribal organization.

  • High global warming potential hydrofluorocarbons means any hydrofluorocarbons in a particular end use for which EPA’s Significant New Alternatives Policy (SNAP) program has identified other acceptable alternatives that have lower global warming potential. The SNAP list of alternatives is found at 40 CFR part 82, subpart G, with supplemental tables of alternatives available at (http://www.epa.gov/snap/ ).

  • Data Universal Numbering System +4 (DUNS+4) number means the DUNS number assigned by D&B plus a 4- character suffix that may be assigned by a business concern. (D&B has no affiliation with this 4-character suffix.) This 4-character suffix may be assigned at the discretion of the business concern to establish additional SAM records for identifying alternative Electronic Funds Transfer (EFT) accounts for the same parent concern.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.