Retention Leases definition

Retention Leases means the retention leases granted by Australia pursuant to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth) to individuals or bodies corporate, as renewed from time to time, referred to as Retention Lease NT/RL2 and Retention Lease NT/RL4;
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Retention Leases means the retention leases granted by Australia pursuant to the Offshore Petroleum and Greenhouse Gas Storage Xxx 0000 (Cth) to individuals or bodies corporate, as renewed from time to time, referred to as Retention Lease NT/RL2 and Retention Lease NT/RL4;
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Examples of Retention Leases in a sentence

  • As soon as practicable, the Designated Authority shall enter into the Greater Sunrise Production Sharing Contract under conditions equivalent to those in Production Sharing Contracts JPDA 03-19 and JPDA 03-20, and to the legal rights held under Retention Leases NT/RL2 and NT/RL4 in accordance with Article 22 of the Timor Sea Treaty and Article 27 of the International Unitisation Agreement.

  • Calculations showed that physical decay of particles can also explain the spatial variations of polarization and color of dust in the comet.

  • It has also applied to the Designated Authority for renewal of the Petrel Retention Leases.

  • In August 2007, the Basker Manta Gummy (BMG) Joint Venture was awarded Production Licences for Petroleum VIC/L27 and VIC/L28 in respect of the previously held Retention Leases VIC/RL 9 and VIC/RL10.

  • PPIPL has minority stake in two assets in Australia i.e. 11.25% in license T/L1 (Yolla producing field) and 9.75% in permit T/18P (now Retention Leases T/RL2, T/RL4 and T/RL5).

  • These Retention Leases were granted over the Warro Field location during FY15.

  • Three Retention Leases (RL) cover the main Gould’s Dam resource area.

  • The Company is having 11.25% Participating Interest (PI) in License T/L1 which includes a producing field called “Yolla” and 9.75% PI in T/18P (now Retention Leases) which includes a discovered to be developed field called “Trefoil” (Development assets) in Australia.

  • Santos also continued to negotiate the renewal of the Petrel Retention Leases with the Designated Authority during the Quarter.

  • The Designated Authority has granted renewal of the Petrel Retention Leases.

Related to Retention Leases

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.