DISCOVERY AND DEVELOPMENT Sample Clauses

DISCOVERY AND DEVELOPMENT. 6.1 In the event of a Discovery of Petroleum in the Area, Operator shall promptly inform the DGPC, and, by further notice in writing within three (3) Months from the date of termination of drilling and testing of the respective Exploration Well inform the DGPC whether or not the Discovery, in the opinion of Operator, merits Appraisal.
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DISCOVERY AND DEVELOPMENT. 12.1 If the drilling of an Exploration Well results in a Discovery, the CONTRACTOR shall notify the GOVERNMENT within forty-eight (48) hours of completing tests confirming the presumed existence of such Discovery or within such longer period as the CONTRACTOR reasonably requires to determine whether or not there is a Discovery. Within thirty (30) days following notification of the said Discovery, the CONTRACTOR shall present to the Management Committee all technical data then available together with its opinion on the commercial potential of the said Discovery (the “Discovery Report”). The CONTRACTOR shall provide in a timely manner such other information relating to the Discovery as the GOVERNMENT may reasonably request.
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DISCOVERY AND DEVELOPMENT. Where, pursuant to section 30 of the Act, notice has been given to the Minister of a discovery in the contract area, the Contractor shall forthwith inform the Minister of the steps it proposes to take to satisfy the requirements of section 30 (1) (a) (iii) of the Act. Where the Contractor, pursuant to section 31 (1) of the Act, has informed the Minister that, in its opinion, the discovery is of potential commercial interest, the Contractor shall, as soon as practicable thereafter, submit, for the consideration of the Minister, its proposals for an appraisal programme to meet the requirements of section 30 (1) (b) of the Act. Where an appraisal programme has been adopted by the Contractor pursuant to Article 8.2, the Minister - may, on application by the Contractor pursuant to section 31 (2) of the Act, stating reasons therefor, extend the period within which application may be made by the Contractor for a petroleum production licence.
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DISCOVERY AND DEVELOPMENT. (a) If Petroleum is discovered in the Contract Area, Contractor shall;
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DISCOVERY AND DEVELOPMENT. 8.1 Where, pursuant to section 30 of the Act, notice has been given to the Minister of a Discovery in the Contract Area, the Contractor shall forthwith inform the Minister of the steps it proposes to take to satisfy the requirements of section 30 (1) (a) (iii) of the Act.
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DISCOVERY AND DEVELOPMENT. (a) If Petroleum is discovered in the Contract Area, the Contractor will, within thirty days from the date on which evaluated test results relating to the discovery are submitted to XXX Corporation, inform XXX Corporation by notice in writing whether or not the discovery is in the opinion of the Contractor, of potential commercial interest.
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DISCOVERY AND DEVELOPMENT. (a) If Petroleum is discovered in the Contract Area, the Company will, within thirty days from the date on which evaluated test results relating to the discovery are submitted to T.P.D.C., inform T.P.D.C. by notice in writing whether or not the discovery is in the opinion of the Company, of potential commercial interest.
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DISCOVERY AND DEVELOPMENT 
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Related to DISCOVERY AND DEVELOPMENT

  • Training and Development 12.1 The parties are committed to, and acknowledge the mutual benefit to the employer and employee of planned human resource development and the provision and participation in relevant development opportunities (including accredited training).

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

  • Learning and Development (i) Managers and supervisors are responsible for promoting and supporting learning activities for employees in their area of responsibility.

  • Creation and Development Fee If the Prospectus related to a Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust.

  • Proprietary Information and Developments 9.1 The Consultant will not at any time, whether during or after the termination of this Agreement for any reason, reveal to any person or entity any of the trade secrets or confidential information concerning the organization, business or finances of the Company or of any third party which the Company is under an obligation to keep confidential, except as may be required in the ordinary course of performing the Consultant Services to the Company, and the Consultant shall keep secret such trade secrets and confidential information and shall not use or attempt to use any such secrets or information in any manner which is designed to injure or cause loss to the Company. Trade secrets or confidential information shall include, but not be limited to, the Company's financial statements and projections, expansion proposals, property acquisition opportunities and business relationships with banks, lenders and other parties not otherwise publicly available.

  • Gender and Development 17. The Borrower shall ensure that (a) the GAP is implemented in accordance with its terms; (b) the bidding documents and contracts include relevant provisions for contractors to comply with the measures set forth in the GAP; (c) adequate resources are allocated for implementation of the GAP; and (d) progress on implementation of the GAP, including progress toward achieving key gender outcome and output targets, are regularly monitored and reported to ADB.

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

  • Joint Development If joint development is involved, the Recipient agrees to follow the latest edition of FTA Circular 7050.1, “Federal Transit Administration Guidance on Joint Development.”

  • Development 3.3 Within twenty (20) Working Days after the Commencement Date and in accordance with paragraphs 3.10 to 3.12 (Amendment and Revision), the Contractor will prepare and deliver to the Authority for approval the full and final Security Plan which will be based on the draft Security Plan set out in Appendix B.

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

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