TBNG definition

TBNG is defined in the recitals of this Agreement.
Sample 1Sample 2
TBNG means Thrace Basin Natural Gas Turkiye Corporation, a wholly-owned affiliate of TWL prior to completion of the TBNG Acquisition and thereafter, a wholly-owned affiliate of Valeura.
Sample 1Sample 2
TBNG means Thrace Basin Natural Gas Turkiye Corporation, a wholly‐owned affiliate of Valeura. “TBNG JV” means the joint venture formed between CRBV, TBNG and PTI.
Sample 1

Examples of TBNG in a sentence

  • The particulars of the Lease are set out below:– Date of Lease Agreement : 14 December 2005 Date of Formal Tenancy : Early January 2006 Agreement Parties to Lease Agreement : Xxxxx Xxx Realty Limited as landlord Atlas Corporate Management Limited as tenant Premises : Penthouse 01 on 29th and 30th Floors, Bamboo Grove, and Carparking Space Nos.

  • Revenues are subject to a 12.5% government royalty and an overriding royalty only on the TBNG JV Lands of 1%.

  • Valeura receives the majority of the benefits from this fee arrangement and the associated proceeds by virtue of its current 81.5% working interest in the TBNG JV facilities.

  • Natural gas from Banarli is being sold to the TBNG JV, net of a transportation and marketing fee.

  • All drilling contracts with TBNG are “turnkey” contracts whereby TBNG assumes substantially all liabilities in relation to the health and safety, environmental and other risks associated with drilling operation.

  • Various contracts for drilling have been awarded to TBNG in recent years.

  • Other companies related to TBNG also provide some services to the Group such as transportation, power management and repairs.

  • The Transaction was structured as a sale of shares of Thrace Basin Natural Gas (Turkiye) Corporation ("TBNG") and Corporate Resources B.V. ("CRBV"), both of which were wholly owned subsidiaries of Valeura.

  • As part of this relationship PetroNeft Group companies also occasionally sell sundry goods and services to TBNG.

  • The higher unit production costs in 2019 are reflective of the level of fixed costs included in total operating costs and lower gross production from the TBNG JV Lands and Banarli Exploration Licences.


More Definitions of TBNG

TBNG means Thrace Basin Natural Gas (Türkiye) Corporation, a British Virgin Islands company, and a subsidiary of the Parent.
Sample 1
TBNG means Thrace Basin Natural Gas Turkiye Corporation, a wholly-owned affiliate of Valeura.
Sample 1
TBNG means Thrace Basin Natural Gas Türkiye Corporation, a wholly‐owned affiliate of Valeura.
Sample 1

Related to TBNG

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  • BW means the Dutch Civil Code (Burgerlijk Wetboek);

  • DNB means the Dutch Central Bank (De Nederlandsche Bank N.V.).

  • SABS : means the South African Bureau of Standards.

  • SFC means the Securities and Futures Commission of Hong Kong;

  • Horizon means a layer of soil, approximately parallel to the surface, that has distinct characteristics produced by soil forming processes.

  • LPN means licensed practical nurse.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • SADC means the Southern African Development Community;

  • HKFE means the Hong Kong Futures Exchange Limited.

  • TD means The Toronto-Dominion Bank.

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  • Beacon means a highway traffic signal with one or more signal sections that operate in a flashing mode. (ORC 4511.01(KKK))

  • FCL means Containers said to contain Full Container Load.

  • CW means current City of Winnipeg Standard Construction Specification;

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  • RUB or “Rouble” means the lawful currency of the Russian Federation;

  • GAC20 means granular activated carbon filter beds with an empty-bed contact time of 20 minutes based on average daily flow and a carbon reactivation frequency of every 240 days.

  • RSSB means Rail Safety and Standards Board Limited (a company limited by guarantee and registered in England and Wales under number 04655675), and its successors and assigns.

  • snippet means the Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, the Borrower, each Subsidiary Loan Party and the Administrative Agent.","snippetLinks":[{"key":"guarantee-and-collateral-agreement","type":"clause","offset":[10,44]},{"key":"as-amended","type":"definition","offset":[46,56]},{"key":"otherwise- modified","type":"clause","offset":[74,92]},{"key":"from-time-to-time","type":"clause","offset":[93,110]},{"key":"form-of","type":"clause","offset":[119,126]},{"key":"exhibit-e","type":"clause","offset":[127,136]},{"key":"holdings","type":"clause","offset":[144,152]},{"key":"the-borrower","type":"clause","offset":[154,166]},{"key":"subsidiary-loan- party","type":"definition","offset":[173,194]},{"key":"the-administrative-agent","type":"clause","offset":[199,223]}],"hash":"61aabf5edc0e717dd017e870877aba2d","id":5},{"size":55,"samples":[{"uri":"/contracts/dcqI4XJ9kpY#collateral-agreement","label":"Credit Agreement (AGA Medical Holdings, Inc.)","score":21},

  • CHESS means the Clearing House Electronic Subregister System.

  • NBME means the National Board of Medical Examiners, an organization that prepares and administers qualifying examinations, either independently or jointly with other organizations.

  • SG shall have the meaning assigned to such term in the preamble to this Agreement.