Development lease means a lease that allows the use of the surface of state lands for underground natural gas storage activities.

Development lease has the meaning provided in Recital 32(e) of this Agreement.

Development lease means a lease that allows the use of the surface of state lands for gas storage activities.

Examples of Development lease in a sentence

Subject to final government approval (pending), the East Hoshia Development Lease is scheduled for a continuation review prior to November 30, 2010, at which time non-productive lands could be relinquished.
Pursuant to the East Hoshia Development Lease in Egypt, the Company and its partners have committed to drilling three exploration wells and submitted a letter of production guarantee for $4.0 million as security (expiring June 1, 2009).
Simultaneous with the receipt by Claimholder of the all payments pursuant to Section 3.A., the parties agree to execute for recording purposes a written Short Form of Exploration and Development Lease / Option Agreement, setting forth the basic terms and conditions of this Agreement as necessitated or permitted by Arizona law.
Such area shall be converted automatically into a Development Lease without the issue of any additional legal instrument or permission.
Pursuant to the East Hoshia Development Lease in Egypt, the Company has committed to drilling three exploration wells and submitted a letter of production guarantee for $4.0 million as security (expiring June 1, 2009).

More Definitions of Development lease

Development lease means this Development Lease and all attached exhibits together with any duly authorized and executed amendment hereto.

Development lease has the meaning given to such term in the Concession.

Development lease means an existing development lease issued under the repealed Act, part 9, division 1.

Development lease means a lease that allows the use of the surface of state lands for oil and gas exploration, development, and production.

Development lease means the “Midland Health Campus Development Lease” in respect of the Health Campus between the State and the Operator dated on or about the Commencement Date. Disability Access and Inclusion Plan means the plan of that name prepared by the Operator which sets out the Operator’s comprehensive plan for disability access and inclusion at the Health Campus which, as at the Date of this Agreement, is set out in Attachment 4 as may be updated from time to time by the Operator in accordance with this Agreement. Disaster means any event which requires a response from the SHICC (or its equivalent), including events which:

Development lease means an existing development lease issued under 19

Development lease means an auction lease or a direct lease that allows nonmetallic minerals exploration, mining, or production on the surface of the leased land in compliance with the department’s standard nonmetallic minerals lease terms.