Initial Production Period definition

Initial Production Period means, for each Delivery Point, (a) the ninety (90) day period beginning on the later of (i) the Target Connection Date for such Delivery Point, and (ii) the date Producer is ready to commence delivery of Produced Water at such Delivery Point, and (b) the ninety (90) day period beginning on the date Producer connects additional Dedicated Well(s) to such Delivery Point.
Sample 1Sample 2
Initial Production Period means the period from the date of the Original Agreements through and including December 31, 2013, unless terminated sooner by MRT after providing Pan American 90 days advanced written notice or terminated by Pan American in accordance with Section 5.3.5.
Sample 1

Examples of Initial Production Period in a sentence

  • This obligation to give priority to the manufacturing of Production Vehicles will apply to all Production Vehicles ordered during the Initial Production Period.

  • Since Inovalis REIT is a newly formed entity, its management has not yet had the opportunity to design or evaluate the controls, policies and procedures carried out by the real estate management businesses in France and Germany that it acquired in April 2013 using the net proceeds of its initial public offering.

  • If the actual Cylinder Cost upon the expiration of the Initial Production Period is less than the Capped Price, PowderJect shall promptly reimburse AlgoRx for its overpayment for Gas Cylinders during the Initial Production Period.

  • After the Initial Production Period, PowderJect shall be in a position to establish the actual cost of Manufacture of such Gas Cylinders.

  • Such Period shall be referred to as the Initial Production Period.

  • In the event that XXXX determines during the Initial Production Period that the XXXX Facility has the capacity to produce more Biodiesel than the amount contained on Schedule 1, XXXX will notify MBF of such additional capacity and the revisions to the Biodiesel Delivery Dates on the applicable Schedule 1 that would result from such increased production and MBF shall have the option to agree to such increased production.

  • However, if the Commercial Discovery relates to a Natural Gas Field, the term of the Licence shall be for an initial period of thirty (30) years from the date in which the Production Licence in respect to the Development and Production Area corresponding to such Commercial Discovery is in full force and effect being the Initial Production Period.

  • Onstream dates of wells range from January 2012 to January 2016.(2) Production rates are the average gross volumes per day measured at the wellhead over the initial 30, 90, 180 and 270 days of the Initial Production Period for each well.

  • Onstream dates of wells range from May 2013 to August 2015.(2) Production rates are the average gross volumes per day measured at the wellhead over the initial 30, 90, 180 and 270 days of the Initial Production Period for each well.

  • However, if the Commercial Discovery relates to a Natural Gas Field, the term of the Initial Production Period shall be thirty (30) years from the Effective Date.

Related to Initial Production Period

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Marketing Period means the first period of twenty (20) consecutive days after the date of this Agreement throughout and on the last day of which (a) Buyers shall have received all of the Required Information and such Required Information is Compliant (provided, that if the Company shall in good faith reasonably believe it has provided the Required Information and that the Marketing Period has commenced, it may deliver to Buyers a written notice to that effect (stating when it believes it completed such delivery), in which case the Marketing Period will be deemed to have commenced on the date of such notice unless Buyers in good faith reasonably believes the Marketing Period has not commenced and within two Business Days after the delivery of such notice by the Company, delivers a written notice to the Company to that effect (setting forth with specificity why they believe the Marketing Period has not commenced)), and (b) the conditions set forth in Article VII shall be satisfied or waived (other than the condition set forth in Sections 7.01(e) and 7.01(j) and other those that by their nature need not be satisfied until the Closing or are to be performed at Closing, but subject to the satisfaction or waiver of those conditions at such time); provided, that the Marketing Period shall not be deemed to have commenced if at any time during such twenty (20) consecutive day period (i) the applicable independent auditors of the Company shall have withdrawn any audit opinion contained in the Required Information, (ii) any Required Information ceases to be Compliant or (iii) the Company or its independent auditors determines that the Company must restate any historical financial statements or material financial information included in the Required Information (each of the conditions set forth in clauses (i) through (iii) above being referred to as a “Marketing Period Delay Condition”), then, in each case, the Marketing Period shall not be deemed to have commenced until the date on which such Marketing Period Delay Condition is cured, subject, in each case, to the conditions set forth in clauses (a) and (b) and clauses (i) through (iii) above (which may result in a subsequent Marketing Period Delay Condition). Notwithstanding anything to the contrary in this definition, (A) the Marketing Period shall not include any date from and including November 27, 2014 through and including November 28, 2014, and if such Marketing Period has not ended prior to December 19, 2014, such Marketing Period will not begin until January 5, 2015, (B) if the Required Information is Compliant and any of the Company’s applicable current or former independent accountants declines to issue customary comfort letters (including as to customary negative assurance comfort and change period) with respect to any Required Information, the Marketing Period shall end no earlier than five (5) days after all applicable independent accountants have issued such comfort letters, and (C) the Marketing Period shall terminate on the date on which the Debt Financing or the related financings described in the Debt Commitment Letters required to consummate the transactions contemplated hereby is consummated if such date is earlier than the last day of the twenty (20) consecutive day period described above (including any required extensions, as provided above).

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Commissioning Period means, with respect to each Subproject, the period commencing upon the first delivery of Feed Gas to the Subproject in accordance with Sections 4.8 and 11.1 of the Agreement continuing through achievement of RFSU, commissioning, Start Up, Performance Testing and achievement of Substantial Completion for such Subproject.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Commercial Product means any such product as defined in FAR 2.101.

  • Pre-Distribution Period means any Tax Year or other taxable period that ends on or before the Distribution Date and, in the case of any Straddle Period, that part of the Tax Year or other taxable period through the end of the day on the Distribution Date.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Evaluation Period bears the meaning ascribed thereto in Section 13.5(d)(i);

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Development Period Security shall have the meaning set forth in Section 6.1(a) hereof.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.