JVOA means Joint Venture Operating Agreement.
JVOA means a form of Joint Venture Operating Agreement agreed to by InterOil and a Majority Interest of the Investors in such JVOA. Such JVOA shall be substantially based on the 2002 AIPN Model Form International Operating Agreement, with such provisions as shall be necessary to comply with applicable law and the Regulations. Such JVOA shall provide that all decisions made with respect to work programs and budgets will be made by holders of a majority of the Participation Interests in such JVOA and for payment of the fees payable to InterOil under Sections 5.4 and 5.5 of this Agreement. InterOil and the Investors who will be a party to such JVOA will each negotiate reasonably and in good faith regarding the terms of such JVOA.
JVOA means the Joint Venture and Operating Agreement dated 16 September 2011 between Paltar and Sweetpea. Law means any treaty, statute, subordinate legislation, code, regulation, rule, common law, equity determination, injunction, judgment, order, decree, ruling, directive, decision and any judicial, regulatory, administrative or other interpretation, implementation or enforcement of any of the foregoing issued by any Government having jurisdiction as to the undertakings and any other matters arising under this Agreement, whether currently in effect or subsequently modified, including Commonwealth, Northern Territory and local government legislation, regulations, by-laws, and other subordinate legislation.
Examples of JVOA in a sentence
A Party may not assign its rights or novate its obligations under this Agreement unless it first complies with the provisions of the JVOA regarding assignments.
Decisions to renew the Permit will be made under the JVOA, and Nation will be bound by the renewal work program and all other consequences of the renewal.
Each Party must execute and deliver all documents and do (or procure to be done) all acts, matters and things necessary or desirable to satisfy the Conditions and to give effect to the terms of this Agreement, and to meet the requirements of the Act and the JVOA.
Final Investment Decision (“FID”) by the JVOA partners is expected by the end of March 2011, following completion of engineering and design work, financing agreements and further regulatory approvals.
Paltar will use its best efforts to cause the Nation Blocks to be selected as Paltar Blocks under Article 11 of the JVOA.
More Definitions of JVOA
JVOA means the agreement to be entered into between the Permit Holders and the Assignee, governing conduct of the PEP 38741 Joint Venture as between the Assignor, TAP and the Assignee, substantially in the same terms as the JVOA copy which has been provided to the Assignee, and for the period before a JVOA for operations in PEP 38741 is agreed and executed, means the terms of the copy JVOA so provided (mutatis mutandis);
JVOA means the Joint Venture Operating Agreement governing the conduct of the Joint Venture, dated 5 September 2000 between the Assignor and Indo-Pacific Energy (NZ) Limited;
JVOA means the InterOil’s standard Joint Venture Operating Agreement to be entered into by PNGEI and InterOil or its nominated Affiliate, and any other working interest parties, in respect of the Licence at time of PDL application, which JVOA shall include, but not be limited to, terms and conditions such as those attached to this Agreement;
JVOA means the Joint Venture and Operating Agreement dated 16 September 2011 between Paltar and Sweetpea. Law means any treaty, statute, subordinate legislation, code, regulation, rule, common law, equity determination, injunction, judgment, order, decree, ruling, directive, decision and any judicial, regulatory, administrative or other interpretation, implementation or enforcement of any of the foregoing issued by any Government having jurisdiction as to the undertakings and any other matters arising under this Agreement, whether currently in effect or subsequently modified, including Commonwealth, Northern Territory and local government legislation, regulations, by‑laws, and other subordinate legislation. Minimum Work Obligations means those work or expenditure obligations that must be performed in order to satisfy Permit obligations. Native Title Claims means either:
JVOA means the Joint Venture Operating Agreement to be entered into by InterOil or its nominated Affiliate, and any other working interest parties, in respect of that Licence; "Non Consent Penalty" means for any payment that Investor was obligated to make in accordance with its IPI (exluding the Cost of IPI, the payment under clause 7.5 or debt financing under clause 5.4), but did not make for any reason, Investor will not receive any Distributions for its IPI from PNGDV until PNGDV has received from Distributions associated with Investor's IPI, or from Investor, the sum of:
JVOA means, with respect to each of the Participating Interests, the Joint Venture Operating Agreement between the Permit Holders in relation to that Participating Interest.
JVOA means the agreement to be entered into between the Assignor and the Assignee pursuant to clause 4.3;