Signature Bonus definition

Signature Bonus means amounts payable by a person to JDA to acquire the right to sign a PSC;

Signature Bonus means a single non- recoverable lump sum payment by contractor to the Government upon signing of agreement or any other related agreement.

Signature Bonus means any funds that an Operator or Contractor pays to DRSTP and/or FGN and/or any other entity formed by DRSTP and FGN to acquire the right to sign an Exploration and Production Agreement.

Examples of Signature Bonus in a sentence

• Date, Place, Signatories XXXXX XX – PERFORMANCE GUARANTEE As provided by Law No. 12,351/2010, the Contracted Party shall pay the following Governmental Revenues: Signature Bonus in the amount of (insert the amount in words) (R$XXX); Royalties in the amount corresponding to fifteen percent (15%) of the Total Production Volume of Oil and Gas in the Contract Area, pursuant to paragraph 6.1 of this Agreement.

• As provided by Law No. 12,351/2010, the Contracted Party shall pay the following Governmental Revenues: Signature Bonus in the amount of (insert the amount in words) (R$XXX); Royalties in the amount corresponding to fifteen percent (15%) of the Total Production Volume of Oil and Gas in the Contract Area.

• The date of the cheque or draft must be the actual payment date or not more than three (3) working days before the payment.If the Successful Bidder does not submit a Signature Bonus within the scheduled time for PSC signing, the Successful Bidder is deemed to have forfeited its right to be the Contractor.

• Signature Bonus Paid IOCsThe signature bonus paid by the international oil companies to obtain rights to the Iraqi oilfields, were transferred to the Ministry of Finance accounts.

• The Successful Bidder must submit Performance Guarantee and Signature Bonus as stipulated to DMF no later than ten (10) working days prior to the date set for signing of PSC.If the Successful Bidder fails to make the payment of Signature Bonus, or submit Performance Guarantee, or sign the contract within the time limit stipulated, without reasonable justification, it shall be deemed that the Successful Bidder no longer wishes to be the Contractor.

More Definitions of Signature Bonus

Signature Bonus means any funds payable to the JDA pursuant to the JDZ Regulations to acquire the right to sign a production sharing contract or other grant of rights to explore for and/or exploit the hydrocarbon resources of the JDZ;

Signature Bonus means a single, non-recoverable lump sum payment by the Licensee to Government upon the granting of the Exploration Licence.

Signature Bonus means the cash consideration paid to Syntroleum at closing, by the International Operator or other third party included in the initial Deed of Assignment submitted to the Approval Authorities prior to the Approval Date, for the transfer and assignment by Syntroleum to the International Operator or such other third party of a portion of the Assigned Interests.

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

Signature Bonus has the meaning attributed to it in Article 17.12.

Signature Bonus means a bonus paid by the grantee of a Tender Agreement upon signing of that agreement;

Signature Bonus means a one-time fixed payment by a subsoil user for the acquisition of the right of subsoil use in a contract territory;