SECTION FIFTEEN – DEVELOPMENT PLAN Sample Clauses

SECTION FIFTEEN – DEVELOPMENT PLAN. Deadlines‌
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SECTION FIFTEEN – DEVELOPMENT PLAN. Deadlines The Consortium Members shall submit the Development Plan to ANP within one hundred and eighty (180) days of the later of submission of the Declaration of Commercial Feasibility or of receipt of the communication of approval for the Final Discovery Assessment Report. If the Declaration of Commercial Feasibility is postponed, as provided for in paragraphs 13.4 and 13.5, the Development Plan shall be submitted on the date of the Declaration of Commercial Feasibility. Untimely submission of the Development Plan shall cause the Consortium Members to be subject to the sanctions provided for in Section Thirty and in the Applicable Laws and Regulations. Upon evidence of failure to submit the Development Plan within the term provided, ANP shall notify the Consortium Members so that they submit the Plan within no more than thirty (30) days, after which the Agreement shall be lawfully terminated with respect to the relevant Development Area.
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SECTION FIFTEEN – DEVELOPMENT PLAN. Deadlines The Consortium Members shall submit the Development Plan to ANP within one hundred and eighty (180) days of receipt of the communication of approval for the Final Discovery Assessment Report. If the Declaration of Commercial Feasibility is delayed, as provided for in paragraphs 13.4 and 13.5, the Development Plan shall be submitted on the date of the Declaration of Commercial Feasibility. Untimely submission of the Development Plan shall cause the Consortium Members to be subject to the sanctions provided for in Section Thirty-One and in the Applicable Laws and Regulations. Upon evidence of failure to submit the Development Plan within the term provided, ANP shall notify the Consortium Members so that they submit the Plan within no more than ten (10) days, after which the Agreement shall be lawfully terminated with respect to the relevant Development Area.
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SECTION FIFTEEN – DEVELOPMENT PLAN. Content The Development Plan shall observe: rationalization of the Production; the control of the decline in reservoirs; reduction in the burning of Natural Gas and greenhouse gas emissions to the atmosphere; the system for reuse or reinjection of the Associated Gas; provided that only the burning of Natural Gas in flares shall be allowed for reasons of safety, emergency, and commissioning, pursuant to the Applicable Laws and Regulations; the proper treatment of contaminants and natural resources resulting from the Production activities, avoiding disposal into the environment; and incorporation of criteria related to the decommissioning of the facilities in the definitions of the field development project.
Sample 1

Related to SECTION FIFTEEN – DEVELOPMENT PLAN

  • Development Plans 4.3.1 For each Licensed Indication and corresponding Licensed Product in the Field, Licensee will prepare and deliver to Licensor a development plan and budget (each a “Development Plan”). The initial Development Plans for each Licensed Indication will be delivered within […***…] after the Grant Date for such Licensed Indication.

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • Professional Development Plan Professional Development Plan (PDP) refers to plans developed by faculty members addressing the criteria contained in Article 22 and Appendix G.

  • Development Schedule The Project shall substantially comply with the specific timetables and triggers for action set forth in Article 5 of this Agreement. The parties acknowledge that, as provided in G.S. 160A-400.25(b), the failure to meet a commencement or completion date shall not, in and of itself, constitute a material breach of this Agreement pursuant to G.S. 160A-400.27 but must be judged based upon the totality of the circumstances.

  • Marketing Plan The MCP shall submit an annual marketing plan to ODM that includes all planned activities for promoting membership in or increasing awareness of the MCP. The marketing plan submission shall include an attestation by the MCP that the plan is accurate is not intended to mislead, confuse or defraud the eligible individuals or ODM.

  • Professional Development Program (a) The parties agree to continue a Professional Development Program for the maintenance and development of the faculty members' professional competence and effectiveness. It is agreed that maintenance of currency of subject knowledge, the improvement of performance of faculty duties, and the maintenance and improvement of professional competence, including instructional skills, are the primary professional development activities of faculty members.

  • Design Development Phase Services 3.3.1 Based on the Owner’s approval of the Schematic Design Documents, and on the Owner’s authorization of any adjustments in the Project requirements and the budget for the Cost of the Work, the Architect shall prepare Design Development Documents for the Owner’s approval. The Design Development Documents shall illustrate and describe the development of the approved Schematic Design Documents and shall consist of drawings and other documents including plans, sections, elevations, typical construction details, and diagrammatic layouts of building systems to fix and describe the size and character of the Project as to architectural, structural, mechanical and electrical systems, and other appropriate elements. The Design Development Documents shall also include outline specifications that identify major materials and systems and establish, in general, their quality levels.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Development Activities The Development activities referred to in item “b” of paragraph 3.1 include: studies and projects of implementation of the Production facilities; drilling and completion of the Producing and injection xxxxx; and installation of equipment and vessels for extraction, collection, Treatment, storage, and transfer of Oil and Gas. The installation referred to in item “c” includes, but is not limited to, offshore platforms, pipelines, Oil and Gas Treatment plants, equipment and facilities for measurement of the inspected Production, wellhead equipment, production pipes, flow lines, tanks, and other facilities exclusively intended for extraction, as well as oil and gas pipelines for Production Outflow and their respective compressor and pumping stations.

  • 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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