Joint Development Area definition

Joint Development Area means the Joint Development Area under the Law on Thailand-Malaysia Joint Authority.

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Joint Development Area means the area defined in section 2 of the Malaysia-Thailand Joint Authority ▇▇▇ ▇▇▇▇ and in section 4 of the Thailand- Malaysia Joint Authority Act B.E. 2533” Article 2 The following new Article shall be inserted immediately after Article 7 of the Agreement: BUSINESS INCOME OR PROFITS FROM THE JOINT DEVELOPMENT AREA (a) Income or profits derived by a person exercising the right to explore and exploit any petroleum in the Joint Development Area under a contract awarded by the Malaysia-Thailand Joint Authority may be taxable in both Contracting States. (b) Income or profits derived by a person from carrying out activities directly related to exploration and exploitation of any petroleum in the Joint Development Area may be taxable in both Contracting states. The competent authority of both Contracting States shall communicate with each other to identify activities directly related to exploration and exploitation of any petroleum in the Joint Development Area.

Joint Development Area means that portion of the Contract Area covered by a Joint Operations Agreement.

Examples of Joint Development Area in a sentence

This Agreement contains and comprises the entire agreement between the Parties regarding the Joint Development Area and farmout of operating rights in the JDA and supersedes any previous agreements, oral or written, and negotiations or documents related thereto.
For the purposes of this section, the "Cayenne Prospect" is defined as from the surface of the earth through 100' below the stratigraphic equivalent of the "O" Sand within the geographic confines of the Joint Development Area.
The Project is part of an overall area called the Joint Development Area, which is defined in the Declaration.
For the purposes of this section, the Joint Development Area is defined as that geographic area as depicted on Exhibit "O" hereto (the "Plat").
In connection with any Joint Development Area within the Contract Area, TPDC’s share of Profit Oil Revenues indicated above from such Joint Development Area shall be increased by the number of percentage points obtained by multiplying the percentage of the Specified Proportion determined in accordance with Article VIII by TPDC’s share of Profit Oil Revenues indicated above, and PanAfrican Tanzania’s share shall be reduced accordingly.
The Joint Development Area is referred to in this Deed as "Ka‘ulu".
Any annexation within the Joint Development Area shall require an appropriate amendment of the Intermunicipal Development Plan.
MTJA, on the 21st day of April 1994, had entered into a Production Sharing Contract (hereinafter referred to as "PSC") with CARIGALI and TRITON sometimes hereinafter referred to as "Contractors" in respect of Block A-18 (hereinafter referred to as the "Contract Area") of the Malaysia-Thailand Joint Development Area (hereinafter referred to as "the JDA") for the exploration and exploitation of petroleum resources in the Contract Area.
The Oil and Gas Contracts made available to the Purchaser for inspection in the Data Room are the only material agreements or arrangements relating to the oil and gas interests of any Group Company in the Malaysia-Thailand Joint Development Area.
MTJA on the 21st day of April 1994 entered into a Production Sharing Contract (hereinafter referred to as "PSC") with CARIGALI and TRITON in respect of Block A-18 (hereinafter referred to as the "Contract Area") of the Malaysia-Thailand Joint Development Area (hereinafter referred to as "the JDA") for the exploration and exploitation of petroleum resources in the Contract Area.

More Definitions of Joint Development Area

Joint Development Area means an area within two or more Contract or License Areas encompassing the lateral closure of an Oil and/or Gas reservoir(s) that are proven to underlie and be productive in two or more Contract or License Areas and is designated as such by the Agency.

Joint Development Area means the defined area of the continental shelf of Malaysia and the Kingdom of Thailand in the Gulf of Thailand described under section 6;

Joint Development Area means the area defined in section 2 of the Malaysia-Thailand Joint Authority Act 1990 and in section 4 of the Thailand -Malaysia Joint Authority Act B.E. 2533"

Joint Development Area or "JDA"), under the terms and conditions set out herein. That portion of Farmee's adjacent leasehold interests contributed to the JDA ("El Pa▇▇ ▇▇▇se") is described as follows:

Joint Development Area means Wetzel, Marshall, Monongalia, Marion and Tyler Counties, West Virginia, Greene County, Pennsylvania and any other counties or areas that may be made part of the “joint development area” as defined in the Republic AJDA.