Participation area definition

Participation area means a development area in which the Government elects to participate under the Contract;

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Participation area means a development area in which the Government elects to participate under the Contract; "Participation dates" means the effective date of participation by the Government as defined in sub clause 28 (3) of the Contract;

Participation area means the Exploitation Area that is the subject of the Exploitation Authorisation granted by Decree No. of , the subject of this Participation Agreement.

Examples of Participation area in a sentence

• The Parties agree to disclose to each other their technical data and interpretations of the Participation Area (unless such data and interpretation are subject to third party confidential data restrictions).

• Moreover, the Operator shall not use funds from the [name of Participation Area] Account nor its own funds for the purpose of paying the costs and expenses of the Sole-Risk Project.

• However, in the event that such secret data have been revealed by works the costs of which have been charged to [name of Participation Area] Account, such technology must be made available to any Party who can make use of it, as well as their Affiliates, in all operations.

• In connection with production and development activities with respect to any Fields located in a Participation Area, InterOil or one of its Affiliates may elect to borrow funds on terms it deems in good faith to be commercially reasonable to pay the costs of such operations.

• The level of community engagement was consultation, achieved through a Public Information Meeting held on July 9, 2008 (refer to staff report dated November 18, 2009, section entitled “Public Participation/ Area of Notification”).

More Definitions of Participation area

Participation area means a Development Area in which the Federal Government elects to participate under the Agreement;

Participation area has the meaning set forth in Section 4.3.

Participation area means the area within the Licence Area in which PNGDV is entitled to the Indirect Participation Interest in accordance with this Agreement, including the full extent, regardless of the number of w▇▇▇▇ required to exploit fully all commercially recoverable Petroleum, of any and all Zones drilled pursuant to the Phase One Exploration Program and, if applicable, the Phase Two Exploration Program, and includes the Phase One Participation Area and, if applicable, the Phase Two Participation Area;

Participation area. The term "

Participation area means the area within the Licence Area in which Investor is entitled to the Indirect Participation Interest in accordance with this Agreement, including the full extent, regardless of the number of ▇▇▇▇▇ required to exploit fully all commercially recoverable Petroleum, of any and all Zones drilled pursuant to the Phase One Exploration Program and, if applicable, the Phase Two Participation Area; "Participation Interest" means, with respect to a party to the JVOA, that party's undivided interest, expressed as a percentage and determined in accordance with the JVOA, in all rights,

Participation area means a Development and Production Area or Areas, or Licence Area in which the Government shall participate under the Licence.

Participation area means the participating area within any Unit from which Resources will be extracted, as may be determined from time to time by the BLM in consultation with the Lessee, based upon the known geothermal reservoir data and the well field location and the well field's relationship to such reservoir. Any expenditure made by any Lessor to a third party for a purpose that is beneficial to Lessee as a result of its operations on such Lessor's property.