Non-SR-Parties definition

Non-SR-Parties means the Parties not participating in a Sole Risk Operation;
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Non-SR-Parties means the parties not participating in a Sole Risk Operation;
Sample 1Sample 2
Non-SR-Parties means the Parties not participating in a Sole Risk Operation; "Operator" means the Party acting as operator in terms of this Agreement and in its capacity as operator namely Apex Bengara; "Paying Quantities" means: a) in the case of a well not completed and equipped for production, the anticipated output from the well of that quantity of Petroleum which, considering the completion costs, equipping costs transportation costs and the costs of operating the well for the recovery of Petroleum and the kind and quality of production, the price to be received therefor and the royalties and other burdens payable with respect thereto, would in the opinion of the Committee warrant incurring the completion costs and equipping costs of the well; and b) in the case of a well completed and equipped for production, the output from the well of that quantity of Petroleum which, considering the same factors as in (a) above except completion costs and equipping costs, would warrant the continued production from the well; "Percentage Interest" in relation to a Party means the respective proportion expressed as a percentage, by which that party, subject to this Agreement: a) is obliged to contribute to JV Costs; b) is entitled to receive in kind and to dispose of from its own account Petroleum derived from the Permit; c) is beneficial owner as a tenant in common of an undivided share of all JV Property; and d) participates in all other rights and liabilities accruing to or incurred by the Parties in or arising out of this Agreement; "Permit" means the Bengara-II PSC and by definition for the purposes hereof shall include any renewal, extension or amendment thereof and also any other permit, license, lease, facility, Work Program, Budget, Pertamina approval, Plan of Development or other holding, approval, permission, regulatory determination or tenement for the time being held by Apex Bengara or the JV or on behalf of the Parties in substitution therefor either in part or in whole or granted, issued or otherwise arising in consequence of the holding by Apex Bengara of the Permit or otherwise acquired by the Parties for the purpose of the Joint Venture; "Permit Area" means the area within the statutory mining territory of Indonesia covered by the Bengara-II PSC granted by Pertamina which is the subject Joint Venture working area of this JOA, and is constituted in the Bengara-II PSC and is described and defined in Exhibits "A" and "B" attached thereto the PSC;
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Related to Non-SR-Parties

  • Investor Parties has the meaning set forth in the Preamble.

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Buyer Parties means Buyer, its respective Affiliates and the former, current or future equity holders and Representatives of each of the foregoing.

  • Selling Parties shall have the meaning specified in the preamble.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Specified Persons means the Directors, connected persons, the insiders, the Designated Employees and the promoters and immediate relatives are collectively referred to as Specified Persons.

  • Parties has the meaning set forth in the Preamble.

  • Company Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by the Company under this Agreement or in connection herewith.

  • Sponsor Parties means Sponsor, Vendor, and Utility, their respective successors and assigns, and each of their respective affiliates, agents, directors, officers, and employees.

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Settling Parties means the Defendants and the Class Representatives, on behalf of themselves, the Plan, and each of the Class Members.

  • Indemnified Persons has the meaning assigned to such term in Section 7.12(c).

  • Buyer Indemnified Persons has the meaning set forth in Section 8.2.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer under this Agreement or in connection herewith.

  • Licensee Parties has the meaning ascribed to such term in Section 5.1.

  • Parent Indemnitees has the meaning set forth in Section 8.02.

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • Transaction Parties As defined in Section 5.3(o).

  • Exculpated Parties shall have the meaning set forth in Section 13.1 hereof.

  • Indemnified Parties has the meaning set forth in Section 8.2.

  • Seller Released Parties has the meaning ascribed to such term in Section 5.6(a).