Transboundary Reservoir definition

Transboundary Reservoir. ’ means any Reservoir which ex- tends across the Delimitation Line and the entirety of which is located beyond 9 nautical miles from the coastline, exploit- able in whole or in part from both sides of the Delimitation Line;
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Transboundary Reservoir means any reservoir which extends across the delimitation line and the entirety of which is located beyond nine nautical miles from the coastline,
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Transboundary Reservoir means any Reservoir which extends across the Delimitation Line and the entirety of which is located beyond 9 nautical miles from the coastline, exploitable in whole or in part from both sides of the Delimitation Line; ``Transboundary Unit'' means a single geological Hydrocarbon structure or Reservoir which extends across the Delimitation Line the entirety of which is located beyond 9 nautical miles from the coastline, approved by the Executive Agencies for joint Exploration and/or Exploitation pursuant to the terms of a unitization agreement; ``Unit Area'' means the geographical area described in a Transboundary Unit, as set out in the unitization agreement; and ``Unit Operating Agreement'' means an agreement made between the Licensees and the unit operator that, among other things, establishes the rights and obligations of the Licensees and the unit operator including, but not limited to, the allocation of costs and liabilities incurred in and benefits derived from operations in the Unit Area.
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Examples of Transboundary Reservoir in a sentence

  • The Parties shall endeavor to ensure that provisions for redetermination shall provide for fair and equitable allocation of production of each Transboundary Reservoir.

  • Article 5 outlines a multi-step process for reaching a determination on the existence of a Transboundary Reservoir.

  • Any redetermination of the allocation of production of a Transboundary Reservoir shall be conducted pursuant to the unitization agreement or as agreed pursuant to Article 7 paragraph 5.

  • The Executive Agencies shall require the unit operator, on behalf of the Licensees and 60 days prior to the commencement of production from a Transboundary Reservoir, to initiate consultations on the allocation of production to each side of the Delimitation Line by submitting a proposal for the allocation of production for approval by the Executive Agencies to be applied from first production.

  • Any joint Exploration and/or Exploitation of a Transboundary Reservoir or Unit Area pursuant to the terms of a unitization agreement must be approved by the Parties.

  • If production of a Transboundary Reservoir has already commenced, the relevant Party shall take steps it deems appropriate under national law to provide that ongoing production does not unduly prejudice implementation of this Agreement.

  • Such facilitation shall include a prohibition by each Party on the commencement of production of such Transboundary Reservoir for a period from the date of determination of the Transboundary Reservoir to the end of the final period for consideration contemplated in paragraphs 2 through 5 of this Article, as applicable.

  • If it is determined as a result of consultations pursuant to paragraph 1 of Article 5 or following further proceedings under Articles 14 to 17 of this Agreement that a Transboundary Reservoir exists, and a unitization agreement has not been approved by the Parties, each Party shall take steps to facilitate Exploitation of the Transboundary Reservoir as a Transboundary Unit.

  • Within 30 days following receipt of a communication under paragraph 2 subparagraphs a or d of Article 4, the Parties, through their Executive Agencies, shall initiate consultations with a view to determine whether a Transboundary Reservoir exists.

  • Tax-reporting responsibilities for income received by manufacturers and processors for hire.


More Definitions of Transboundary Reservoir

Transboundary Reservoir means any Reservoir which extends across the Delimitation Line and the entirety of which is located beyond 9 nautical miles from the coastline, exploitable in whole or in part from both sides of the Delimitation Line;
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Related to Transboundary Reservoir

  • Transboundary movement means any movement of hazardous wastes or other wastes from an area under the national jurisdiction of one State to or through an area under the national jurisdiction of another State or to or through an area not under the national jurisdiction of any State, provided at least two States are involved in the movement;

  • Reservoir means a porous and permeable underground formation containing a natural accumulation of producible oil or gas that is confined by impermeable rock or water barriers and is individual and separate from other reservoirs.

  • chemical tanker means a ship constructed or adapted and used for the carriage in bulk of any liquid product listed in chapter 17 of the International Bulk Chemical Code;

  • Surface waters means all waters of the state as defined in G.S. 143-212 except underground waters

  • Surface impoundment or "impoundment" means a facility or part of a facility which is a natural topographic depression, man-made excavation, or diked area formed primarily of earthen materials (although it may be lined with man-made materials), which is designed to hold an accumulation of liquid wastes or wastes containing free liquids, and which is not an injection well. Examples of surface impoundments are holding, storage, settling, and aeration pits, ponds, and lagoons.

  • Water Surface Elevation (WSE means the height, in relation to mean sea level, of floods of various magnitudes and frequencies in the floodplains of coastal or riverine areas.

  • Residual disinfectant concentration means the concentration of disinfectant measured in mg/L in a representative sample of water.

  • Dry cleaning means any industrial or commercial activity using VOCs in an installation to clean garments, furnishings and similar consumer goods with the exception of the manual removal of stains and spots in the textile and clothing industry;

  • Landing area means that part of a movement area intended for the landing or take-off of aircraft;

  • Uppermost aquifer means the geologic formation nearest the natural ground surface that is an aquifer, as well as lower aquifers that are hydraulically interconnected with this aquifer within the facility's property boundary.

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Mine drainage means any drainage, and any water pumped or siphoned, from an active mining area or a post-mining area. The abbreviation “ml/l” means milliliters per liter.

  • Flood Boundary and Floodway Map (FBFM means an official map of a community, issued by the FEMA, on which the Special Flood Hazard Areas and the floodways are delineated. This official map is a supplement to and shall be used in conjunction with the Flood Insurance Rate Map (FIRM).

  • Underground injection means the subsurface emplacement of fluids through a bored, drilled or driven well; or through a dug well, where the depth of the dug well is greater than the largest surface dimension. (See also “injection well”.)

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Boundary means any lateral or street boundary of a site;

  • Constructed wetlands means areas intentionally designed and created to emulate the water quality improvement function of wetlands for the primary purpose of removing pollutants from stormwater.

  • Underground storage means storage of hazardous liquid in a subsurface stratum or formation of the earth.

  • High radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving a dose equivalent in excess of one mSv (0.1 rem) in one hour at 30 centimeters from any source of radiation or 30 centimeters from any surface that the radiation penetrates.

  • Groundwater means all water, which is below the surface of the ground in the saturation zone and in direct contact with the ground or subsoil.

  • Waterbody means any accumulation of water, surface or underground, natural or artificial, including rivers, streams, creeks, ditches, swales, lakes, ponds, marshes, wetlands, and ground water. The term does not include any storage or treatment structures.

  • Underground storage tank or “UST” means any one or combination of tanks (including underground pipes connected thereto) that is used to contain an accumulation of regulated substances, and the volume of which (including the volume of underground pipes connected thereto) is 10 percent or more beneath the surface of the ground. This term does not include any:

  • Dry cleaning fluid means any non-aqueous liquid product designed and labeled exclusively for use on: fabrics which are labeled "for dry clean only", such as clothing or drapery; or S-coded fabrics. Dry cleaning fluid includes, but is not limited to, those products used by commercial dry cleaners and commercial businesses that clean fabrics such as draperies at the customer's residence or work place. Dry cleaning fluid does not include spot remover or carpet and upholstery cleaner. For the purposes of this definition, S-coded fabric means an upholstery fabric designed to be cleaned only with water-free spot cleaning products as specified by the Joint Industry Fabric Standards Committee.

  • Coastal high hazard area means a Special Flood Hazard Area extending from offshore to the inland limit of a primary frontal dune along an open coast and any other area subject to high velocity wave action from storms or seismic sources. The area is designated on a FIRM, or other adopted flood map as determined in Article 3, Section B of this ordinance, as Zone VE.

  • Very high radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving an absorbed dose in excess of 5 Gy (500 rad) in one hour at one meter from a source of radiation or one meter from any surface that the radiation penetrates.

  • Development Location Point means a single point selected by the Applicant on the proposed Development site that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development. For a Development which consists of Scattered Sites, this means a single point on the site with the most units that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development.