Hebron Project definition

Hebron Project means the initial development project using the GBS for the: (i) exploration, development and production of oil from the Lands, excluding any subsea development; (ii) ancillary thereto, the production of gas from the Lands, excluding any subsea tie-back, for use solely for the purpose of production of oil from the Lands, not for commercial production or sale; and (iii) the ownership, construction, operation, maintenance, decommissioning and abandonment of all the assets in which the Proponents hold an undivided interest in relation to such activities.
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Hebron Project means the initial Development Project using a GBS, which is a stand alone reinforced concrete gravity base substructure, the purpose of which is to support the topsides, resist environmental loads and store produced oil prior to shipping.
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Examples of Hebron Project in a sentence

  • Project Advances with respect to a given Project (including the Hebron Project), then Development of that Project shall cease forthwith, and, with respect to said given Project, the Acquisition Corp.

  • Both PARTIES shall comply with the terms and conditions of the Hebron Project Benefits Agreement signed August 20th, 2008.

  • The monies shall be remitted to Hebron Project Employers’ Association Inc.

  • Following the Hebron Closing, the Kahn ▇▇▇ities will continue First Stage of Development of the Hebron Project, and the Kahn ▇▇▇ities will continue First Stage Development of the Option Parcels.

  • Contractor shall pay Hebron Project Premium ($3.00 per hour earned, paid quarterly) as per Article 41.

  • The entering into of this Agreement does not obligate the Proponents to sanction or continue the Hebron Project or any other Development Project, which shall be in the sole discretion of the Proponents.

  • Following the Hebron Closing, the ▇▇▇▇ Entities will continue First Stage of Development of the Hebron Project, and the ▇▇▇▇ Entities will continue First Stage Development of the Option Parcels.

  • It is agreed that a $1,000,000.00 contribution by the Proponents to Memorial University of Newfoundland and Labrador and a $1,000,000.00 travel fund established by the Proponents for contractors in relation to the Hebron Project shall not be disallowed as eligible expenses for royalty purposes merely because they occur before the commencement date as described in Section 4.10.

Related to Hebron Project

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Pilot project means the election day voter registration pilot project created in

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.