Known Accumulation definition

Known Accumulation means an Accumulation that has been penetrated by a well. In general, the well must have demonstrated the existence of Hydrocarbons by flow testing in order for the Accumulation to be classified as “known”. However, where log and/or core data exist and there is a good analogy to a nearby and geologically comparable known accumulation, this may suffice.
Known Accumulation means a known individual body of moveable Petroleum. The key requirement to consider an accumulation as known, and hence contain reserves or contingent resources, is that each accumulation/reservoir must have been penetrated by a well. In general, the well must have clearly demonstrated the existence of moveable petroleum in that reservoir by flow to surface or at least some recovery of a sample of petroleum from the well. However, where log and/or core data exist, this may suffice, provided there is a good analogy to a nearby and geologically comparable known accumulation.

Examples of Known Accumulation in a sentence

  • Include approximate finished floor elevation of all existing and proposed structures on and off site.

Related to Known Accumulation

  • Dealing on own account means trading against proprietary capital resulting in the conclusion of transactions in one or more financial instruments;

  • Qualified Institutional Buyer means any Person who is a “qualified institutional buyer” within the meaning of such term as set forth in Rule 144A(a)(1) under the Securities Act.

  • Qualified Institutional Buyers as defined in Rule 144A. It is aware that the sale of the Privately Offered Certificates is being made in reliance on its continued compliance with Rule 144A. It is aware that the transferor may rely on the exemption from the provisions of Section 5 of the Act provided by Rule 144A. The undersigned understands that the Privately Offered Certificates may be resold, pledged or transferred only to (i) a person reasonably believed to be a Qualified Institutional Buyer that purchases for its own account or for the account of a Qualified Institutional Buyer to whom notice is given that the resale, pledge or transfer is being made in reliance in Rule 144A, or (ii) an institutional "accredited investor," as such term is defined under Rule 501 of the Act in a transaction that otherwise does not constitute a public offering. The undersigned agrees that if at some future time it wishes to dispose of or exchange any of the Privately Offered Certificates, it will not transfer or exchange any of the Privately Offered Certificates to a Qualified Institutional Buyer without first obtaining a Rule 144A and Related Matters Certificate in the form hereof from the transferee and delivering such certificate to the addressees hereof. Prior to making any transfer of Privately Offered Certificates, if the proposed Transferee is an institutional "accredited investor," the transferor shall obtain from the transferee and deliver to the addressees hereof an Investment Letter in the form attached to the Pooling and Servicing Agreement, dated as of March 1, 2002, among Structured Asset Mortgage Investments Inc., Wells Fargo Bank Mixxxxxta, National Association, EMC Mortgage Corporation and Bank One, National Association, as Trustee, pursuant to Certificates were issued. The undersigned certifies that it either: (i) is not acquiring the Privately Offered Certificate directly or indirectly by, or on behalf of, an employee benefit plan or other retirement arrangement which is subject to Title I of the Employee Retirement Income Security Act of 1974, as amended, and/or section 4975 of the Internal Revenue Code of 1986, as amended, or (ii) is providing a representation or an opinion of counsel to the effect that the proposed transfer and/or holding of a Privately Offered Certificate and the servicing, management and/or operation of the Trust and its assets: (I) will not result in any prohibited transaction which is not covered under a prohibited transaction exemption, including, but not limited to, Prohibited Transaction Exemption ("PTE") 84- 14, PTE 91-38, XXX 00-0, XXX 00-00, XXX 00-00 xr Section 401(c) of ERISA and the regulations to be promulgated thereunder and (II) will not give rise to any additional fiduciary duties on the part of the Seller, the Master Servicer or the Trustee. If the Purchaser proposes that its Certificates be registered in the name of a nominee on its behalf, the Purchaser has identified such nominee below, and has caused such nominee to complete the Nominee Acknowledgment at the end of this letter. Name of Nominee (if any):

  • QIB/QP means a QIB that is also a QP.

  • the Account means the electronic online trading account opened for the Customer with the Company on which trading is made through the Portal of Boubyan Investment Company. تنترنلإا برـع نيوتركللإا لوادـتلا باـسح هب دصقُي :باـسحلا وأ لوادتلا باـسح •عـقولما برـع هـيلع لوادـتلا يرـجيو ةـكشرلا ىدـل لـيمعلل هـحتف مـتي يذـلاو .رماثتـسلال ناـيبوب ةـكشرل نيوترـكللإا • The “Portal” shall mean the website created by the Company on the Internet, which includes the services provided by the Company and can be accessed through Boubyan Bank’s website or Boubyan Capital’s website on the Internet for carrying out trading operations. نيوترـكللإا عـقولما اـهب دـصقُي :ةـينوتركللإا ةـحفصلا :ةـينوتركللإا ةـحفصلا • يـتلا تاـمدخلا نـمضتي يذـلاو ،تـنترنلإا ةكبـش ىـع ةـكشرلا هـتدعأ يذـلا عقوم وأ ناـيبوب كـنب عـقوم للاـخ نـم هـيلإ لوـصولا نـكيمو ةـكشرلا اـهمدقت .لوادـتلا تاـيلمعب ماـيقلل تـنترنلإا ىـع رماثتـسلال لاـتيباك ناـيبوب ةـكشر

  • Emerging small business means a small business concern whose size is no greater than 50 percent of the numerical size standard for the NAICS code designated.

  • Life-sustaining treatment means treatment that, based on reasonable medical judgment, sustains the life of a patient and without which the patient will die. The term includes both life-sustaining medications and artificial life support such as mechanical breathing machines, kidney dialysis treatment, and artificially administered nutrition and hydration. The term does not include the administration of pain management medication, the performance of a medical procedure necessary to provide comfort care, or any other medical care provided to alleviate a patient's pain.

  • Small farmer means a cultivator with an un-irrigated land holding up to two hectares or with an irrigated land holding up to one hectare, but more than the holding of a marginal farmer.

  • Evaluation and treatment facility means any facility which

  • Institutional Accredited Investor means an institution that is an “accredited investor” as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act, who are not also QIBs.

  • Enhanced coagulation means the addition of sufficient coagulant for improved removal of disinfection byproduct precursors by conventional filtration treatment.

  • Purchasing means the County of Eddy Purchasing Office or the Eddy County Purchasing Agent.

  • Institutional Holder An insurance company whose long-term debt is rated at least A- (or equivalent rating) by a Rating Agency, or an equivalent rating from any other nationally recognized statistical rating organization.

  • Rule 144A means Rule 144A promulgated under the Securities Act.

  • Prohibited Investor means a person or entity whose name appears on (i) the List of Specially Designated Nationals and Blocked Persons maintained by the U.S. Office of Foreign Assets Control; (ii) other lists of prohibited persons and entities as may be mandated by applicable law or regulation; or (iii) such other lists of prohibited persons and entities as may be provided to the Fund in connection therewith;

  • Additional Business Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Rule 501 means Rule 501(a)(1), (2), (3) or (7) under the Securities Act.

  • Adult abuse means the willful infliction of physical pain, injury or mental anguish or unreasonable

  • Principal Business means the primary activity as determined by analyzing the amount of capi- tal, labor, time, attention, and floor space devoted to each business activity and by analyz- ing the sources of net income and gross income. The name, appearance, and advertising of the entity may also be taken into consideration if they are given less weight.

  • the International Bureau means the International Bureau of the World Intellectual Property Organization.

  • Public Safety and/or “Nuisance” means anything which is injurious to the safety or health of an entire community or neighborhood, or any considerable number of persons, or unlawfully obstructs the free passage or use, in the customary manner, of any navigable lake, or river, bay, stream, canal, or basin.

  • Prohibited Investment means Property (other than prescribed excluded Property as that term is defined in the Tax Act) that is:

  • BRI ISDN provides a channel with 2- wire interfaces at each end that is suitable for the transport of 160 kbps digital services using the ISDN 2B1Q line code. This Loop type is more fully described in American National Standards Institute (ANSI) T1.601-1998 and Frontier TR 72575, as revised from time-to-time. In some cases loop extension equipment may be necessary to bring the line loss within acceptable levels. Frontier will provide loop extension equipment only upon request. A separate charge will apply for loop extension equipment. The 2-Wire ISDN Digital Grade Loop is available only in the former Bell Atlantic Service Areas. In the former GTE Service Areas only, Onvoy may order a 2-Wire Digital Compatible Loop using 2-wire ISDN ordering codes to provide similar capability. Frontier will not build new facilities or modify existing facilities except to the extent required in Section 17 of this Attachment.

  • Accredited Investor has the meaning set forth in Regulation D promulgated under the Securities Act.

  • Small business means a business that is a continuing, independent, for profit business which performs a commercially useful function with residence in Tennessee and has total gross receipts of no more than ten million dollars ($10,000,000) averaged over a three-year period or employs no more than ninety-nine (99) persons on a full-time basis.

  • Retail buyer or "buyer" means a person who buys goods and services, or services from a contractor pursuant to a home improvement installment contract, or goods and services from a contractor pursuant to a home improvement charge agreement.