Work Programs and Budgets. For each Calendar Year, the Operator shall prepare and submit to the Participants Work Programs and Budgets not later than the first day of August of the preceding Year. Each such Work Program and Budget shall set out in a reasonably detailed manner the work to be carried out and shall include an itemized estimate of the corresponding expenditures. The Operating Committee shall review and discuss the Work Program and Budget submitted by Operator for the following Calendar Year and shall adopt, not later than August 30, a Work Program and Budget to be submitted to the Operator for further study and possible modification before referring it to the JMC or the BOD for approval pursuant to Article 12.2.
Work Programs and Budgets. 1. On or before the 28th day of April of each year, Operator shall deliver to the Parties a proposed Work Program and Budget detailing the Joint Operations to be performed for the following Contract Year. Within Thirty (30) Days of such delivery, the Operating Committee shall meet to consider and to endeavor to agree on a Work Program and Budget. This budget should be approved no later than June 28, at which date WP&B are due to be presented to the Kenyan government
Work Programs and Budgets. For each Calendar Year, the Lead Contractor shall prepare and submit to the Participants Work Programs and Budgets not later than the first day of August of the preceding Year. Each such Work Program and Budget shall set out in a reasonably detailed manner the work to be carried out and shall include an itemized estimate of the corresponding expenditures. The Operating Committee shall review and discuss the Work Program and Budget submitted by Lead Contractor for the following Calendar Year and shall adopt, not later than August 30, a Work Program and Budget to be submitted to the Operator for further study and possible modification before referring to the JMC pursuant to Article 12.2. (End of Article 5)
Work Programs and Budgets. 6.1 Work Program and Budgets 6.2 Discovery and Evaluation 6.3 Development and Production 6.4 Itemization of Expenditures 6.5 Contract Awards 6.6 Authorization for Expenditure Procedure 6.7 Overexpenditures of Work Programs and Budgets
Work Programs and Budgets. (3) The sales, exchanges, or other dispositions of G & G Data or other engineering, technical, or proprietary data and information related to Joint Operations;
Work Programs and Budgets. 3.01 The Operator will prepare an annual work program (the “Programs”) to be carried out on each of the Company’s Properties within 30 days of the execution of this Agreement and present it to the Company for approval. The Program shall contain detailed descriptions of each item in the Program and a timeline during which the work is projected to be carried out. Programs may be segregated into phases with subsequent phases requiring approval based on the results of the previous phase. Said Programs shall be accompanied with a budget (the “Budget”) detailing the cost of each item in the Budget and setting out the estimated dates for advances to be made by the Company. Said Budget shall include details of the portion of the Operator’s administration costs required to carrying out the Programs.
Work Programs and Budgets. 6.1 Exploration and Appraisal 6.2 Development
Work Programs and Budgets. (a) The Alliance Management Committee will be responsible for providing technical oversight over, establishing the parameters for, and approving work programs (“Work Programs”) and budgets (“Budgets”) regarding the activities of the Alliance.
Work Programs and Budgets. (i) Farmor has disclosed to Farmee copies of the current Work Programs and Budget in respect of the Contract Area and all correspondence with the Government that relate thereto.
Work Programs and Budgets. Within the framework of the strategy adopted by the Board of Directors from time to time, the General Manager shall, in accordance with procedures established by the Board of Directors, prepare and cause to be submitted to the Board of Directors all Work Programs and Budgets for each Budget Year no later than thirty (30) days before the commencement of such Work Program or Budget Year, and shall thereafter prepare and submit to the Board of Directors revised, supplemented or amended Work Programs and Budgets, if any. Each such proposed Work Program and Budget (or revised, supplemented or amended Work Programs and Budgets) shall be in such form and detail as the Board of Directors may require.
