Production Program definition
Examples of Production Program in a sentence
The volume produced in the Field each month may not vary by more than fifteen percent (15%) when compared to the Production volume expected for the corresponding month in the Annual Production Program.
ANP shall have thirty (30) days of receipt of the Annual Production Program to approve it or request the Consortium Members to make the modifications it deems applicable.
The Annual Production Program shall not provide for a variance equal to or higher than ten percent (10%) of the amount provided for in the Development Plan.
In case ANP requires changes in the Annual Production Program, the matter shall be submitted again to the Operating Committee for further analysis, following the procedures and deadlines established in the preceding paragraphs.
ANP shall have thirty (30) days of receipt of the Annual Production Program to approve it or request the Concessionaire to make the modifications it deems applicable.
The Consortium Members shall inform ANP, upon substantiated notice, any variation over fifteen percent (15%), with respect to the Annual Production Program, in the quantity of Oil and Gas consumed in the Operations, as well as the purpose of its use.
The Consortium Members shall submit to ANP the Annual Production Program for the calendar year in which the Production starts at least sixty (60) days before the Production Start Date, as provided by the Applicable Laws and Regulations.
The same provisions regarding the Annual Production Program as to the procedures of delivery, approval, and revision apply to the Annual Work and Budget Program of the Production Phase.
Healthy Homes Production Program for Tribal Housing Grants to federally recognized tribes for evaluation and reduction/elimination of housing-based health and safety hazards in private low-income rental or owner- occupied housing.
By September 1st of every calendar year, the Operator shall submit to the other Consortium Members the proposed Annual Production Program of the Development Area or Field of the Contract Area in detail, which shall be subsequently submitted to ANP for analysis and approval, in compliance with Section Sixteen of the Agreement.