Exploration Budget definition

Exploration Budget and “Exploration Program” shall mean any relevant budget and program, as the case may be, pertaining to such phase (or part thereof) approved by the Board from time to time
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Exploration Budget means an estimate of expenditures to be made by Coastal for exploration operations contemplated hereunder to accomplish the Work Program for each particular period.
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Exploration Budget means a description in reasonable detail of operations to be conducted and objectives to be accomplished by the Company for a given period with respect to the Exploration Phase, together with a detailed estimate of all operating and capital costs to be incurred by, the Company, together with a funding plan (if relevant) including any proposed Additional Funding required by the Company with respect to such operations;
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Examples of Exploration Budget in a sentence

  • The Company's operations shall be conducted, expenses shall be incurred, and assets shall be acquired only pursuant to an approved annual budget which shall include on a consolidated basis the Tianyuan Annual Budget approved in terms of Section 8 or the Continental Exploration Budget or CTVH Exploration Budget (as the case may be) approved in terms of Section 6.

  • As payment for IDAH's services as the Operator, Coeur shall pay to IDAH an annual Operator fee of ten percent (10%) of the actual Exploration Program Expenses incurred based on the Exploration Budget for each year (the "Operator Fee").

  • If the Management Committee for any reason fails to approve a Program and Budget on or before July 1 of any Contract Year during the Exploration Period, the then-proposed or alternative Program and Budget (whether submitted by the Operator or another Member) proposing the larger Exploration Budget shall be deemed to be approved.

  • The Exploration Budget shall be subject to Coeur's prior written approval, in its sole discretion.

  • The Exploration Budget for the calendar year ending December 31, 2014 is attached hereto as Exhibit C.

  • The Concessionaire shall conduct Exploration pursuant to each Exploration License issued to it pursuant to this Section 4.1(b) in accordance with applicable Law and as specified in the applicable Exploration Work Program, including without limitation in accordance with any timetables set forth therein, and the applicable Exploration Budget.

  • The Company's operations shall be conducted, expenses shall be incurred, and assets shall be acquired only pursuant to an approved annual budget which shall include on a consolidated basis the Tian Yuan Annual Budget approved in terms of Section 8 or the Continental Exploration Budget or CTVH Exploration Budget (as the case may be) approved in terms of Section 6.


More Definitions of Exploration Budget

Exploration Budget means a description in reasonable detail of operations to be conducted and objectives to be accomplished by the Company for a given period with respect to the Exploration Phase, together with a detailed estimate of all operating and capital costs to be incurred by, the Company, together with a funding plan (if relevant) including any proposed Additional Funding required by the Company with respect to such operations; “Exploration Drilling Stage” has the meaning given to it in Clause 7.3.4 (Exploration Stages); “Exploration License Applications” means applications for Exploration Licenses to explore for all of the metals set forth in Schedule 7 (Metals) in and on the Ma’aden Land, including those which as at the Effective Date have been applied for by Ma’aden as set out in 0 of Schedule 6 (Ma’aden Land Area); “Exploration License” means a document issued by MIMR which constitutes approval to conduct a detailed activity leading to the discovery of deposits, using geological, geophysical or geochemical methods, different types of drilling or any other appropriate method in any location to determine the presence, extensions, quantities, types and mining viability of such deposits and includes:
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Exploration Budget means, with respect to Exploration to be conducted pursuant to an Exploration License issued pursuant to this Agreement, the budget approved by the Government pursuant to the Exploration Regulations.
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Related to Exploration Budget

  • Development Budget has the meaning set forth in Section 3.1.

  • Project area budget means a multiyear projection of annual or cumulative

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each and clearly allocate requested grant funding and match contributions to each.