Examples of Production Decision in a sentence

Under the SCJV agreement, Teck is required to make three cash milestone payments to the Company: (i) $20 million upon entering into the agreement (received), (ii) $20 million upon a Production Decision approving mine construction, and (iii) $20 million upon completion of construction of mine facilities.
In making the Full-Rate Production Decision or the Full Deployment Decision, the MDA will consider any new validated threat environments that might affect operational effectiveness, and may consult with the requirements validation authority as part of the decision making process to ensure that capability requirements are current.
Additional decision points with appropriate criteria may also be established for subsequent low rate production commitments that occur prior to OT&E and a Full-Rate Production Decision.
The phase encompasses several activities and events: LRIP, Limited Deployment, OT&E, and the Full-Rate Production Decision or the Full Deployment Decision followed by full-rate production or full deployment.
For the Full-Rate Production Decision Review or the Full Deployment Decision and thereafter, the MDA may require TEMP updates or addendums to plan for additional testing.

More Definitions of Production Decision

Production Decision has the meaning assigned to it in Section 4.3(c).

Production Decision means the decision by the Board regarding whether to proceed with a Development program to achieve Commercial Production on the basis of a Feasibility Report on one or more of the Properties.

Production Decision means a decision of the board of directors of the OPTION HOLDERto establish and bring into production and operation a mine on the Property substantially in accordance with the Bankable Feasibility Study;

Production Decision means a determination by the Management Committee to develop the Barsele Project with a view to Commercial Production;

Production Decision has the meaning assigned to it in Subsections 8.8(b) and 8.8(d).

Production Decision means a decision to prepare a Production Program pursuant to section 9.1;