Work Programme in Development Period Sample Clauses
The 'Work Programme in Development Period' clause defines the specific tasks, milestones, and timelines that must be completed during the initial phase of a project or agreement. It typically outlines the scope of work, deliverables, and deadlines that the parties are obligated to meet before moving to subsequent stages. For example, it may require the completion of feasibility studies, securing permits, or achieving certain technical benchmarks. This clause ensures that all parties have a clear understanding of their responsibilities during the development period, thereby reducing ambiguity and helping to manage expectations and project risks.
Work Programme in Development Period. The first Work Programme for each Development Period shall be submitted along with the respective Development Plan and shall include the Petroleum Operations to be conducted during the remaining portion of the Calendar Year. The Contractor shall submit the Work Programme for each subsequent Year, or its update, no later than September 30 of the immediately preceding Year. All Work Programmes submitted in the Development Period shall contain a monthly production estimate for the applicable Year, as well as a forecast of the total production of the Commercial Discovery throughout the full term of the Agreement.