Projected Production means the projected production of oil or gas (measured by volume unit or BTU equivalent, not sales price), as applicable, for the term of the contracts or a particular month, as applicable, from properties and interests owned by the Borrowers which are Collateral and which have attributable to them oil or gas proven reserves which are categorized as “Proved Reserves” as reflected in the engineering review prepared by the Lender in connection with the most recent determination of the Borrowing Base hereunder, after deducting projected production from any properties or interests sold or under contract for sale that had been included in such report; and

Projected Production means the projected production of oil or gas (measured by volume unit or BTU equivalent, not sales price), as applicable, for the term of the contracts or a particular month, as applicable, from properties and interests owned by the Borrower which are Collateral and which have attributable to them proved developed producing oil or gas reserves as reflected in the most recent engineering report delivered pursuant to Subsection 5.2(c), after deducting projected production from any properties or interests sold or under contract for sale that had been included in such report and after adding projected production from any properties or interests owned by the Borrower which have become Collateral and had not been reflected in such report that are reflected in a separate or supplemental report meeting requirements of such Subsection 5.2(c) and otherwise satisfactory to the Agent.

Examples of Projected Production in a sentence

So, while respondents are asked about their employment status, the relevant question is very general in nature.
We anticipate that such treatment utilizing services or supplies covered under this plan will result in considerable cost; 3.
Projected Production and Processing Summary Total Process Feed2.06 million tonnesProcessing Rate(158 days per year)3,300 tonnes/dayLOM Strip RatioSilver is a minor by-product of gold production with an assumed recovery of 19% and process feed grade of 5 g/t.
If at any time after the first three (3) months from the date of this Agreement the room night production is less than the Projected Production, the HOTEL shall be entitled to revise the Corporate Rates at its own discretion, subject to prior notice to the COMPANY.
This means that those who work in the fisheries sector are unable to capture the same volume as before.200 Production loses, million F$150 100 50 0 2016 2017 2018 2019 2020 2021 Agriculture cropsLivestockFishery Figure 1: Projected Production Losses in the Agriculture Sector over TimeSource: Estimations by Assessment Team.

More Definitions of Projected Production

Projected Production as of any time means the projected production of oil, natural gas, condensate or natural gas liquids including gas processing plant products (measured by volume unit or BTU equivalent, not sales price), as applicable, for the term of the contracts or a particular month, as applicable, from properties and interests owned by Borrower or any of its Subsidiaries which are located in or offshore of the United States and which have attributable to them proved developed producing oil and gas reserves, as such production has been projected in the most recent Reserve Report delivered to Administrative Agent, after deducting projected production from any properties or interests sold or under contract for sale that had been included in such analysis.

Projected Production as of any time means the projected production of Proved Developed Producing Oil and Gas Properties (measured by volume unit or BTU equivalent, not sales price), for the term of the contracts or a particular month, as applicable, as such production has been projected in the Reserve Report most recently delivered to the Lenders, as updated by any Return Certificate (or as otherwise approved by the Administrative Agent in its sole discretion), provided that “Projected Production” shall include pro forma proved developed producing reserves for any well a Credit Party is seeking to drill and that is the subject of a Return Certificate.”

Projected Production means, for any specified period, the projected volume of production of Hydrocarbons from Proved Reserves of the Oil and Gas Properties (as reflected on the most recently delivered Projected Production Report) reasonably anticipated by Borrower and acceptable to Administrative Agent, during such period.

Projected Production means the projected production of oil, gas or other hydrocarbon category (measured by volume unit or BTU equivalent, not sales price), as applicable, for the term of the contracts or a particular month, as applicable, from properties and interests owned by the Borrower which are Collateral and which have attributable to them oil or gas proven reserves which are categorized as "proved developed producing" as reflected in the most recent Reserve Report delivered to the Lender hereunder in connection with the most recent determination of the Borrowing Base, after deducting projected production from any properties or interests sold or under contract for sale that had been included in such report.

Projected Production the projected production of Hydrocarbons (measured by volume unit or BTU equivalent, not sales price) from Oil and Gas Properties and interests owned by Borrower and its Subsidiaries which have attributable to them, (a) in the case of Section 5.11, Proved Developed Producing Reserves and (b) in the case of Section 6.16, Proved Reserves, as such production is projected in the most recent Reserve Report delivered pursuant to this Agreement, after deducting projected production from any Oil and Gas Properties or Hydrocarbon Interests sold or under contract for sale that had been included in such report and after adding projected production from any Oil and Gas Properties or Hydrocarbon Interests that had not been reflected in such report but that are reflected in a separate or supplemental report meeting the requirements of Section 5.2(c) and otherwise are satisfactory to Agent.

Projected Production means, as of any date of determination, the internally forecasted production of each of crude oil, natural gas liquids and natural gas, calculated on a barrel of oil equivalent basis, of the Borrower and its Restricted Subsidiaries, or in the case of a Proposed Acquisition, from the Oil and Gas Properties subject of such Proposed Acquisition, for each month for the period of the next 24 months commencing on the first day of the calendar month immediately following such date of determination.(4)

Projected Production as of any time means the projected production of oil, natural gas, condensate or natural gas liquids including gas processing plant products (measured by volume unit or BTU equivalent, not sales price), as applicable, for the term of the contracts or a particular month, as applicable, from properties and interests owned by Borrower or any of its Subsidiaries or other Obligated Parties which are located in the United States and which have attributable to them proved developed producing oil and gas reserves, as such production has been most recently projected by Lender in its sole discretion based upon Lender’s internal reserve analysis, after deducting projected production from any properties or interests sold or under contract for sale that had been included in such analysis.