Operator Sample Clauses

Operator. 3.1 The Operator of the Property shall be ___________________________. An Operator shall continue as Operator until changed pursuant to the terms hereof or by a decision of KRC or if the Operator has failed to perform in a manner that is consistent with good mining practice or has failed to perform in a manner consistent with its duties and responsibilities under this Agreement, and KRC has given to the Operator written notice setting forth particulars of the Operator's default and the Operator has not within 30 days of receipt of such notice commenced to remedy the default and thereafter to proceed continuously and diligently to complete all required remedial action.
Operator. 11.1 After the execution of this Agreement, Mobridge, or at Mobridge's option, its respective associate or nominee or such other unrelated entity as it may determine, will act as the operator of the Claim under this Agreement. Mobridge, if operator, may resign as the operator at any time by giving 30 calendar days prior written notice to Laronde, and within such 30 day period, Mobridge may appoint another party who covenants to act as the operator of the Claim upon such terms as Mobridge sees fit.
Operator. The Operator shall be the only person responsible, on behalf of the Consortium, for conduct and development of all activities of Exploration, Assessment, Development, Production, and decommissioning of the facilities under the Agreement. The Operator is the only member of the Consortium that, on its behalf and within the limits defined by the Operating Committee, may execute agreements, enforce or undertake expenditure commitments, and take other actions related to the development of the activities of Exploration and Production of Oil and Gas in the Contract Area. The Operator shall be responsible for representing the Consortium before regulators, inspecting authorities, and other external entities. The Operator shall represent the Consortium Members judicially and extrajudicially. The Operator of this Agreement shall have at least a thirty percent (30%)-share in the equity rights and obligations of the Consortium in the Contract Area. The Operator may resign its position, being subject to the conditions required by ANP. The Operator shall: act in compliance with this Agreement, the Applicable Laws and Regulations, and determinations of the Operating Committee; conduct the Operations in a diligent, safe, and efficient manner, pursuant to the Best Practices of the Oil Industry, having No Loss or Gain in its capacity of Operator; notify the Operating Committee and ANP of any Discovery inside the Contract Area, according to Section Twelve of the Agreement; conduct the Operations with Exclusive Risks pursuant to Section IV of this Annex; prepare the Work and Budget Programs and other documents to be submitted to examination of the Operating Committee, under the terms of this Agreement; prepare and send to ANP, after definition of the Operating Committee, the plans, programs, and reports required by the regulator; issue the Authorization for Expenditure to develop the activities approved by the Operating Committee in the Annual Work Program and call for contribution to pay the Consortium expenses; render accounts to the Consortium, as established under this Agreement and by the Operating Committee; obtain the relevant legal licenses and permits required to conduct the operations in the Contract Area; provide the non-Operator Consortium Members with access to the facilities and records of the Operations, upon their prior request; undertake responsibility for the payment of the Royalties payable on behalf of the Contractors; represent the non-Operator Consortium ...
Operator. A tow service, which has been issued a Letter of Authorization, has signed the Tow Service Agreement and is approved to receive SBSD referred calls in a particular geographical area. The term “Operator” refers to the company, its owner(s), and its manager(s) who have authority to enter into an Agreement with the SBSD for towing services and to conduct business in accordance with the terms of this Agreement, and its employees, independent contractors, and any agent of the Operator.
Operator. Talos Energy Offshore Mexico 7 has been designated by the Participating Companies, with the approval of CNH, as the Operator under this Contract, and as such shall perform the Contractor’s obligations under this Contract in the name and on behalf of each of the Participating Companies. Without prejudice to the foregoing, it is understood that all operational aspects of Petroleum Activities shall be carried out exclusively by the Operator on behalf of all the Participating Companies. The failure by the Operator to meet its obligations to the Participating Companies shall not relieve or release any of the Participating Companies from its joint and several liabilities as provided in this Contract. Each of the Participating Companies hereby appoints the Operator as its representative with an authority as broad as necessary to represent such Participating Company before CNH for any matter related to this Contract. It is hereby understood that any matter agreed between CNH and the Operator shall also bind each of the Participating Companies. Contract No. CNH-R01-L01-A7/2015
Operator. The Party designated in Article 4.1 (Designation of the Operator), a successor Operator selected under Article 4.5 (Selection of Successor Operator), and, if applicable, a substitute Operator selected under Article 4.2 (Substitute Operator).
Operator. All employees are eligible to progress to the highest skill levels (three specialties) within the Operator category provided that they successfully complete the previous skill level and demonstrate the ability to adequately perform the skill required. In the event that training opportunities are limited, the most senior employee shall have first opportunity. Progression and training from Operator to Specialized Operator will require the existence of a vacancy in the Specialized Operator category and shall be on the basis of seniority, skills and abilities. Progression and training from Supporter to Specialized Operator shall be on the basis of seniority, skills and abilities. However, prior to promoting and training an employee in the Supporter category directly to Specialized Operator, the Company will ensure that there is no employee in the Operator category with greater seniority who possesses the required skills.