Examples of Declaration of Commerciality in a sentence
The Declaration of Commerciality shall be accompanied by an outline of the expected Development and Production Plan.
In the case of a Natural Gas Discovery, a Declaration of Commerciality may be made subject to the preparation and approval of a Gas Infrastructure and Marketing Plan pursuant to Article 14 of this EPA.
At any time following the notification of a Discovery to the Minister pursuant to Article 10.2 of this EPA, the Right Holders may deliver a Declaration of Commerciality to the Minister with a copy to the Petroleum Administration.
As soon as reasonably practicable, and in any event no later than one hundred and eighty (180) days after the delivery of a Declaration of Commerciality (but no later than ninety (90) days prior to the end of the Exploration Phase pursuant to Article 41 of the decree no.
In the absence of a Declaration of Commerciality by the applicable deadline, the Right Holders shall be deemed not to have made a Declaration of Commerciality in respect of the relevant Discovery.