Orphan Fund definition

Orphan Fund means Alberta's orphan fund to help pay the costs to suspend, abandon, remediate and reclaim a well, facility or pipeline if a licensee or working interest participant becomes insolvent or is unable to meet its obligations;
Orphan Fund means the orphan fund administered by the Orphan Well Association; "OTMA" refers to the Oil Tanker Moratorium Act;
Orphan Fund means the orphan fund continued under section 58(1) of the Act;

More Definitions of Orphan Fund

Orphan Fund means the orphan fund administered by the Orphan Well Association;

Related to Orphan Fund

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Program fund means the program fund created under Section 53B-8a-107,

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • breeder s right” means the right of the breeder provided for in this Convention;