Minimum Work Obligations definition

Minimum Work Obligations means those work and/or expenditure obligations specified in the Contract that must be performed in order to satisfy the obligations of the Contract.
Minimum Work Obligations has the meaning ascribed to it in Clause 7.2;
Minimum Work Obligations means those work and/or expenditure obligations specified in the Contract which must be performed in order to satisfy the obligations of the Contract.

Examples of Minimum Work Obligations in a sentence

  • After the Minimum Work Obligations have been fulfilled, any Company may elect, and subject to ROC’s prior written consent, by giving notice to the other Companies, to withdraw from the Contract and the JOA.

  • Operations which are required to fulfill the Minimum Work Obligations must be proposed and conducted as Joint Operations and may not be proposed or conducted as Exclusive Operations.

  • If the Ministry disputes in writing that Concessionaire has fulfilled its Minimum Work Obligations, such objections shall set forth the full details of Ministry’s objections.

  • Within sixty (60) Days following completion of the Minimum Work Obligations for each phase of the Exploration Period, Concessionaire shall notify the Ministry that Minimum Work Obligations has been fulfilled regarding the respective phase of the Exploration Period.

  • The Concessionaire shall have a Minimum Expenditure Obligation of [x] US Dollars (USD [x]) for the purpose of the Minimum Work Obligations in the Phase II of the Exploration Period.


More Definitions of Minimum Work Obligations

Minimum Work Obligations means those work obligations set forth in Sub-articles 5.2.1, 5.2.2 and 5.2.3 for each respective phase of the Exploration Period.
Minimum Work Obligations means those work and/or expenditure obligations specified in the Licence that must be performed in order to satisfy the obligations of the Licence.
Minimum Work Obligations means those work and/or expenditure obligations specified in Article 4 of the DWT Contract and Article 4 of the WCTP Contract.
Minimum Work Obligations means the work obligations specified for each Exploration Phase as defined in Article 5.2 of the Agreement. „Minimalne radne obveze” znači radne obveze specificirane za svaku Istražnu fazu, a xxxx xx definirano u članku 5.2 Ugovora.
Minimum Work Obligations means the work and/or expenditure obligations during the Exploration Period, as specified in the Concession, which must be performed or expended in order to satisfy the obligations contained in the Concession.
Minimum Work Obligations means those work or expenditure obligations that must be performed in order to satisfy Permit obligations. Nation Blocks means the 40 Blocks identified in Schedule 2, or such replacement Blocks as may be identified under clause 8.1.
Minimum Work Obligations means the minimum program of Petroleum Operations and corresponding expenditures, such as specified in the Contract.