Production Allocation definition

Production Allocation means an authorization issued by the Commission to a producer to produce a specified Regulated Product within a specified time period.
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Production Allocation means an authorization issued by the Commission to a producer to produce, in a defined area, a specified Greenhouse Regulated Product within a Crop Year. “Province” means the Province of British Columbia.
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Examples of Production Allocation in a sentence

  • In the event that any portion of a Working Interest Owner’s share of Production Allocation Substances allocated to a Tract is deliverable in kind to an owner of a Royalty Interest in respect of that Tract, such Working Interest Owner shall ensure that such royalty delivery obligations are satisfied.

  • Neither this Agreement nor any other agreement or instrument relating to the Production Allocation Zone or Production Allocation Substances shall terminate by reason of suspension of operations for any cause set forth in this clause.

  • Observe implementation standards.2. Don’t breach the instructions.3. Don’t violate the manager’s status.1.Submit to the orders, prove manager’s significance and loyalty to him.2. Demonstrate obedience, discipline, loyalty, fully accept manager’s power (or compete with him).3.

  • Landowner Group Members are elected by cumulative voting, with each member of the Landowner Group entitled to one vote for each acre-foot of Production Allocation established in the Judgment.

  • The Working Interest Owner in each Tract shall calculate the royalty for that Tract: on the total amount of Production Allocation Substances produced from the Well, and at the rate under the Lease or pursuant to the Mines and Minerals Act, as the case may be, and shall pay or deliver to the Royalty Interest Owner in the Tract a royalty share of production based on the amount of Production Allocation Substances allocated to the Tract.

  • Each Landowner Party will vote for their preferred Member in writing, signed by an agent of the Landowner Party and delivered to the Watermaster Board no later than the close of public comment for the agenda item regarding election of the Landowner Group Members.Voting rights may only be transferred upon permanent sale of 51% or more of the Landowner’s respective Production Allocation.

  • The Working Interest Owners are hereby granted the right to develop and operate the Well for the production of Production Allocation Substances from the Production Allocation Zone in such manner and by such methods as the Working Interest Owners consider necessary and proper.

  • Each of the Parties represents and warrants that, to the best of its knowledge, it has good right, full power and absolute authority to enter into this Agreement, that the Leases and any title documents relating to the Production Allocation Area are valid and subsisting documents, and that the obligations, covenants, provisions and condition on its part under the Leases have been kept, observed and performed to the date on which it executes and delivers to the Operator a counterpart of this Agreement.

  • On and after the Effective Date of this Agreement, the Production Allocation Substances when produced from the Well shall be allocated among the Tracts in accordance with their respective Tract Participation Factors.

  • Each of the Parties represents and warrants that, to the best of its knowledge, it has good right, full power and absolute authority to enter into this Agreement, that the Leases and any title documents relating to the Production Allocation Area are valid and subsisting documents, and that the obligations, covenants, provisions and conditions on its part under the Leases have been kept, observed and performed to the date on which it executes and delivers to the Operator a counterpart of this Agreement.

Related to Production Allocation

  • Allocation Area means that part of a redevelopment project area to which an allocation provision of a declaratory resolution adopted under section 15 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Allocation has the meaning set forth in Section 3.3.

  • Allocation Period means the period (a) commencing on the date hereof or, for any Allocation Period other than such first Allocation Period, the day following the end of a prior Allocation Period and (b) ending (A) on the last day of each Fiscal Year, (B) on the day preceding any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(i), (ii), (iii) or (v) of the definition of Book Value occurs, (C) immediately after any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(iv) of the definition of Book Value occurs, or (D) on any other date determined by the Managing Partner.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Authorized Allocation means an amount equivalent to $500,000 to be withdrawn from the Credit Account and deposited into the Special Account pursuant to paragraph 3 (a) of this Schedule.

  • Excess Contributions means, with respect to any Plan Year, the excess of: