Subperiod definition

Subperiod means a subperiod which is one of several subperiods (parts) of the Exploration Period, including Subperiod 1, Subperiod 2, Subperiod 3 and Subperiod 4 (if any).
Subperiod means, with respect to a Due Period in which one or more Reset Dates occur (the "Subject Due Period"), any of the following:
Subperiod means, with respect to a Due Period in which one or more Reset Dates occur (the “Subject Due Period”), any of the following:

Examples of Subperiod in a sentence

  • If the Device is postmarked during the Late Fee Period, TechForward will reduce the Buyback Amount associated with the last Subperiod by 20%, unless an exception has been granted by TechForward in accordance with paragraph 10(h).

  • Contractor shall prepare and submit to GNPC the first Exploration Plan for the First Subperiod of twelve months of the Initial Exploration Period within sixty (60) days after the Effective Date and thereafter shall prepare and submit to GNPC no later than forty five (45) days before each anniversary of the Effective Date a revised Exploration Plan.

  • By the end of the First Subperiod of the Initial Exploration Period Contractor shall have undertaken a work programme including the reprocessing of 3D seismic data and seabed logging.

  • Committed Funding Sub-period Committed Funding Amount THIS DEED is made on [DATE] by [[•], a company incorporated [in / under the laws of] [•] under registered number [•] whose registered office is at [•]] (the “Acceding Shareholder”).

  • Sub-period of the Supply Period, for which Provisional Quantities are fixed and, depending on the case, corresponding Maximum Periods and Maximum Quantities, starting on the first day of said period at 00:00 midnight and ending on the last day of said sub-period plus 24 hours.

  • Operator shall earn an subperiod base fee as set forth on Schedule J for Contract Subperiod I (as defined in Schedule J) payable in arrears in twelve (12) equal monthly installments as provided in Section 6.5. Operator's subperiod base fee for periods after Contract Subperiod I shall be as set forth in a new Schedule J to be agreed by the Parties prior to the last day of each preceeding Subperiod.

  • Contractor’s minimum expenditure for the work in the Second Subperiod of the Initial Exploration Period shall be twenty million United States dollars (U.S.$20,000,000).

  • By the end of the Second Subperiod of the Initial Exploration Period, Contractor shall have drilled at least one (1) Exploration Well in the Contract Area.

  • Minimum Expenditure: Contractor’s minimum expenditure for the work in the First Subperiod of the Initial Exploration Period shall be two million United States dollars (U.S.$2,000,000).

  • Section 6.3 Operator's Subperiod Base Fee.............................


More Definitions of Subperiod

Subperiod means any period which is a subperiod of the exploration period pursuant to Article 3 and Appendix 2 or to any addendum to the Licence on extension of the Licence period for the purpose of further exploration in accordance with section 3.02 (if any).