Additional Seismic Data definition
Examples of Additional Seismic Data in a sentence
Additional Seismic Data Acquisition – up to XXX-line km 2D; up to XXX km2 3D 6.
Failure of the Non-Proposing Party to respond within thirty (30) days from receipt of such notice shall be deemed an election not to participate in such proposed acquisition of Additional Seismic Data.
From the date hereof to the Closing Date, Vendor shall exercise commercially reasonable efforts to secure the consent of Third Parties to Purchaser's use of or access to seismic data (the "Additional Seismic Data") which: (a) relates to the White Map Area; (b) is co-owned by Vendor; (c) is subject to Third Party restrictions on use or disclosure; and (d) has been requested in writing by Purchaser.
Additional Seismic Data Acquisition – 3D seismic acquisition infill 6.
Provided that such consent has been obtained at least one (1) Business Day prior to the Closing Date, Vendor shall upon Closing grant Purchaser a non-exclusive license to the Additional Seismic Data in accordance with the terms of the Seismic License Agreement and the consents received from the Third Parties, and the Adjusted Purchase Price shall be increased by the amount of the licensing fees payable in respect of such Additional Seismic Data.