FSDA definition
FSDA means the area determined as the ‘First Strategic Development Area’ in accordance with clause 13.2(b), and as outlined in the map in Annexure C. Financial Year has the meaning given to it in clause 17.1.
Examples of FSDA in a sentence
Tamboran and DWE must, and must ensure that the Company must, take all action reasonably necessary to obtain the approval of Falcon to the designation of the FSDA and the related amendment to the DSU under the JOA in accordance with this clause, including putting forward, and voting in favour of, a resolution to give effect to this.
Notwithstanding this, to the extent that there is a Discovery in respect of the North FSDA, the Board and the Shareholders shall be deemed to have given approval for the Manager to proceed with the existing Approved WP&B in relation to the development of that Discovery until the Board approves a new Work Program and Budget.