Production Program Overruns definition

Production Program Overruns means all Production Program Costs which exceed those estimated under a Production Program;
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Examples of Production Program Overruns in a sentence

  • If such Production Program Overruns are accepted by the Participants then, within 30 days after the receipt of a written request from the Operator, each Participant shall pay to the Operator its Cost Share of such Production Program Overruns.

  • If the Excess Production Program Overruns are approved by the Management Committee, each Participant shall, within 15 days after the receipt of a written request from the Operator, provide the Operator with its Cost Share of such Excess Production Program Overruns.

  • If any Participant does not accept such Production Program Overruns, or fails to pay the same, the other Participant shall be entitled to pay the Cost Share of such Participant.

  • An election to contribute to a Production Program shall make a Participant liable to pay its Cost Share of all of the Production Program Costs actually incurred under or pursuant to such Production Program, including Production Program Overruns (as hereinafter defined) up to but not exceeding 15%.

  • If Excess Production Program Overruns are not approved by the Management Committee, as provided in paragraph 8.5, the Operator shall be responsible for them but shall have the right to curtail or abandon the Production Program unless a Participant that has approved such Excess Production Program Overruns has advanced the amount of such Excess Production Program Overruns.

  • It remains today an important organization for furthering East-West trade, although some German firms claim it has lost momentum in recent years.

  • Accordingly, the revised new target for gazetting the regulations is mid-2014, but this activity still shows slow progress.

  • If it appears to the Operator that Production Program Costs will exceed those estimated under the Production Program, the Operator shall immediately give written notice to the Participants outlining the nature and extent of the additional costs and expenses (herein called "Production Program Overruns") and the reasons therefor.

  • If Excess Production Program Overruns are not approved by the Management Committee, as provided in §9.5, the Operator shall have the right to curtail or abandon the Production Program.

  • If such Production Program Overruns are accepted by both Joint Operators then, within 30 days, each Joint Operator will pay its Cost Share of such Production Program Overruns.

Related to Production Program Overruns

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  • Development Project means a project for the development of land within a project area.

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  • Development Plan has the meaning set forth in Section 3.2.

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  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • Project Plan means the document to be developed by the Contractor and approved by WTL, based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalised Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by WTL. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Development Activities means those activities which are normally undertaken for the development, construction, repair, renovation, rehabilitation or conversion of buildings for residential purposes, including the acquisition of property;

  • Development Phase means the period before a vehicle type is type approved.

  • Development Program means the implementation of the development plan.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

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  • Program Costs means all necessary and incidental costs of providing program services.

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  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Commercial project means any project, including, but not

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Cannabis production establishment agent means a cannabis cultivation facility

  • Demonstration project means one of the following projects:

  • Collaborative pharmacy practice agreement means a written and signed