Production Bonus definition

Production Bonus means any bonus payable by the Parties under the Contract on attainment of any specified rate, level or quantity of production of Hydrocarbons.

Production Bonus has the meaning attributed to it in the PRA;

Production Bonus is defined in paragraph 6(b).

Examples of Production Bonus in a sentence

• The Production Bonus amount for offshore would be expensed in accordance with the guidelines to be issued by the Government from time to time.

• The Russian delegation has been the most vigorous propo- nent of the status quo on the floor of the WGIII meetings, despite the massive $50 billion award against it in the Yukos arbitration (Munsterman & Meyer, 2020).

• Production) After One Year It is the Company's intention to continue the Production Bonus Plan, but reserves the right to modify or discontinue the plan consultation with the Union Committee.

• Signature and Production Bonus: The signature bonus shall be paid within Thirty days of the Effective Date and the production bonus shall be paid within Ninety days of the Commercial Production Day, if the Petroleum Agreement includes the provision of such payments.

• At the end of the week, each technician will earn a Production Bonus from the 20% taken from the total revenue completed.

More Definitions of Production Bonus

Production Bonus means a bonus payable by the Parties under Section 9.3 of the ----------------- Contract.

Production Bonus has the meaning attributed to it in Article 17.13.

Production Bonus. A bonus percentage is based on each Registered Representative/Agent's aggregate sales of all Southland products during the six-month periods ending June 30 and December 31 of each year. PRODUCTION PRODUCTION BONUS % $15,000 Paid Annualized Premium 5% $30,000 Paid Annualized Premium 10% $45,000 Paid Annualized Premium 15% The bonus is payable during the month following the end of the applicable bonus period. To qualify for a bonus, Registered Representative/Agent must have an aggregate Southland 13-month persistency of 85% or higher calculated at the end of the bonus period.

Production Bonus has the meaning provided in clause 7.11.

Production Bonus means the Contraprestación por Inicio de Producción as described in Section 1.1.

Production Bonus means a bonus payable by the Parties under Article IX of the Concession Agreement.

Production Bonus means any bonus if there is one payable by the Parties under the Contract.