Definition of Technical Operator


Technical Operator means Kosmos or its Affiliate as designated under Article 4.1B." (g) The second paragraph of Article 3.4(E) is deleted and replaced with the following:
Sample 1

Examples of Technical Operator in a sentence

In effect, the Regulatory Framework does make room for the elimination of the Technical Operator, but only if existing under a contract made for a minimum 8-year term, and only at the instance of the Licensee itself.
While a number of controversies arose in respect of the determination of those factors that eventually led to the filing of a petition for reconsideration, the Company, seeking to maintain a harmonious relationship with the ENARGAS, though in no way disregarding its own interests, partially abandoned its claim for reconsideration on December 15, 1997, persisting in its claim in respect of the efficiency factor (X) in connection with the so-called "Technical Operator" issue.
While a number of controversies arose in respect of the determination of those factors that eventually led to the filing of a petition for reconsideration, the Company partially abandoned its claim for reconsideration on December 15, 1997, persisting in its claim in respect of the efficiency factor (X) in connection with the so-called "Technical Operator" issue.
Any Technical Operator shall be entitled to participate in meetings of the Joint Management Committee established pursuant to Article 6 of each Contract, to the extent helpful for purposes of discussing operations handled by such Technical Operator, regardless of whether such Technical Operator holds a position as a Joint Management Committee representative under such Contract.
The Committee also evaluates the performances of the Technical Operator and portfolio management companies according to the comparative criteria specified in the annual investment plan.