Total Available Production definition

Total Available Production means all Hydrocarbons produced in the Contract Area and saved less the quantities used for Joint Operations and any losses.
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Total Available Production means the total production of hydrocarbons originating from the exploitation of all deposits located within the Delimited Zone, deducted from the metering zone degassing, dehydration, stabilization, decantation, desalting and degassing (for Natural Gas), at the time it is sent to the evacuation pipes, or, in the absence thereof, to the storage installations, less the quantities:
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Total Available Production has the meaning such term is given in Article 19.1.A. Transfer means any sale, assignment, novation, Encumbrance or other disposition by a Party of any rights or obligations derived from the Contract or this Agreement (including its Working Interest), other than its Entitlement and its rights to any credits, refunds or payments under this Agreement (excluding any direct or indirect Change in Control of a Party).
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Examples of Total Available Production in a sentence

  • If AMC fails to give AMT an Agreed Use Notice by the [**] deadline AMC shall owe AMT no fee and AMT shall be free to use Total Available Production Capacity in that Use Year for its own needs.

  • For clarity, should AMC not exercise its option for a particular Use Year as referred to above AMC shall owe AMT no fee and AMT shall be free to use Total Available Production Capacity in that Use Year for its own needs.

  • The sum paid as a contractual amendment bonus does not constitute Petroleum Costs.25.1.8 Royalty 25.1.8.1During the exploitation period, the Contractor is subject to the payment of a royalty, on the basis of the Total Available Production, counted by all the metering equipment placed at the Field Outlet.

  • The Regional Board adopted the Dry Weather and Wet Weather TMDLs on January 24, 2002, and December 12, 2002, respectively (Resolutions 2002-004 and 2002- 022).

  • He stated appreciation that the City has taken steps to condense TIF Districts as opposed to large area TIF Districts, but many people feel the now expired Downtown TIF District was not a huge success.

  • Subject to Articles 26.1 d) 2/ and 26.1 d) 5/ the quantities, picked up or used upstream from the point where the Total Available Production subject to the proportional mining royalty is calculated, for the needs listed above, cannot be deducted from the base amount of the proportional mining royalty other than with the exceptional Authorization of the Administration, given at the justified request of Contractor.

  • When the Total Available Production comes from several Exploitation Areas located within the Demarcated Area, the recovery of the Petroleum Costs is made through the levy on the portion of the Net Production from all such Exploitation Areas.

  • Adjustment is made not later than January 28th of each year, for the preceding Calendar Year, on the basis of the taxable Total Available Production of said year and of the corresponding “Fixed Price”.

  • Response: In response to the Staff’s comment, the Company has revised the disclosure in Amendment No. 2 to clarify that the Company and the selling stockholders, if any, are offering securities through the underwriters identified in the prospectus.

  • In the event of a discovery in the Delimited Area of Hydrocarbons of different qualities, the sharing between the State and Contractor of the Remaining Hydrocarbon Production is made separately for each quality, proportionally to the Total Available Production.


More Definitions of Total Available Production

Total Available Production means the total production of hydrocarbons originating from the exploitation of all deposits located within the Delimited Zone, deducted from the metering zone degassing, dehydration, stabilization, decantation, desalting and degassing (for Natural Gas), at the time it is sent to the evacuation pipes, or, in the absence thereof, to the storage installations, less the quantities: 1/ lost or burned during production tests in the exploitation zone or in the production, collection, or storage installations of said zone, provided Contractor respected the current regulation and guidelines and recommendations of the Administration; 2/ re-injected in the deposits of the Exploitation Zone; 3/ used to produce drilling fluids for the needs of the Exploitation Zone; 4/ used for works executed after drilling in the xxxxx of the Exploitation Zone; 5/ consumed in the engines or turbines that provide the energy used:
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Total Available Production shall have the meaning given to it under the Etame Contract;
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Related to Total Available Production

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Net Available Proceeds means, with respect to any Asset Sale, the proceeds thereof in the form of cash or Cash Equivalents, net of

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Maximum Available Minutes is the sum of all Deployment Minutes across all Queues and Topics deployed by Customer in a given Azure subscription during a billing month.

  • Consolidated Excess Cash Flow means, for any period, an amount (if positive) equal to:

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Available Revenues means all monies on deposit from time to time (including investment earnings thereon) in (a) the PILOTS Account; and (b) subject to annual appropriation, the EATS Account that have been appropriated to the repayment of TIF Notes, excluding (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the City which is the subject of a suit or other claim communicated to the City which suit or claim challenges the collection of such sum.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

  • Baseline concentration means that ambient concentration level that exists in the baseline area at the time of the applicable minor source baseline date. A baseline concentration is deter- mined for each pollutant for which a minor source baseline date is estab- lished and shall include:

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Excess Cash Flow means, for any period, an amount equal to the excess of:

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • Days Sales Outstanding means, as of any day, an amount equal to the product of (x) 91, multiplied by (y) the amount obtained by dividing (i) the aggregate outstanding balance of Receivables as of the most recent Cut-Off Date, by (ii) the aggregate amount of Receivables created during the three (3) Calculation Periods including and immediately preceding such Cut-Off Date.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Total Tangible Assets means, as of any date, (a) the aggregate amount of the assets (other than intangible assets, goodwill and deferred tax assets) of the Group, as disclosed on the consolidated statement of financial position in the most recent Accounts of the Group, minus (b) the lesser of (i) the aggregate value of all Project Assets subject to any Lien securing any Limited Recourse Indebtedness and (ii) the aggregate principal amount of Limited Recourse Indebtedness, in each case, as reflected in (or derived from) the most recent Accounts of the Group, plus (c) the net cash proceeds received by the Parent Guarantor from any share capital issuance by the Parent Guarantor consummated after the date of the most recent balance sheet included in such Accounts and on or prior to such date.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Annualized Operating Cash Flow means, for any period of three complete consecutive calendar months, an amount equal to Operating Cash Flow for such period multiplied by four.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.