PUD definition

PUD. Planned Unit Development.

PUD means the Public Utility Division of the Oklahoma Corporation Commission.

PUD means Public Utility District.

Examples of PUD in a sentence

• Capitalized terms used and not otherwise defined herein shall have the respective meanings assigned thereto in the Agreement, as modified by this PUD and the defined terms used herein.

• The General Partner’s good faith interpretation of this PUD and all decisions and determinations by the General Partner with respect to this PUD, the Agreement and the applicable Award Agreement are final, binding and conclusive on all parties.

• The General Partner is authorized to modify or amend this PUD as it determines to be necessary or desirable from time to time to conform the terms of this PUD to the applicable Award Agreement, as in effect on the date hereof and as it may be modified in the future.

• Subject to Section 16, this PUD supplements the Agreement and, to the extent of any conflict between the Agreement and this PUD, the terms of this PUD shall control.

• In the event of any inconsistency between this PUD and the applicable Award Agreement, the terms of the Award Agreement shall control.

More Definitions of PUD

PUD means locations that have been booked in the proved undeveloped category in the McDaniel Reserve Report

PUD means Planned Unit Development.

PUD. Shall have the meaning set forth in Section 3.03.

PUD means the total proved undeveloped reserves of the Company and the Included Subsidiaries, determined in accordance with SEC guidelines based on an Independent Reserve Report; provided, however, that PUD shall mean zero unless (A) it is based upon an Independent Reserve Report (or a Reserve Update) that was current as of a date within 92 days of such date of determination, (B) the Company has publicly disclosed the PDNP in a Periodic Report as of a date within 274 days of such date of determination (based on an Independent Reserve Report that was current as of such date of determination), (C) the PUD is based upon the same Independent Reserve Report or Reserve Update on which the PDNP and PDP are based as of such date of determination, and (D) if the PDNP is not based upon an Independent Reserve Report (or a Reserve Update) that was current as of such date of determination, the Company reasonably believes, based upon its own analysis conducted in good faith and reflecting the Recent Production (and has certified in the applicable Officer’s Certificate that it so reasonably believes), that the PUD is not less than that disclosed in the Independent Reserve Report (or Reserve Update) on which the PUD is based.

PUD means a property under development, as designated by the REIT.

PUD. As defined in Section 3.03(8).

PUD means a real estate development of separately owned lots, with: (i) contiguous or noncontiguous areas or facilities usually owned by an owners’ association in which the owners of the lots have a stock or membership interest; (ii) title to the real estate under the dwelling units being held by the individual lot owners and not by the owners’ association; (iii) the association having title to and administering the common areas, and levying monthly charges against the lot owners for common areas expenses; and (iv) membership in the owners’ association not being severed from the ownership of an individual unit.