UD-1 definition
Examples of UD-1 in a sentence
At the request of the Company, Lender shall deposit a total of $3,242,606.15, less any applicable wire or transfer fees, to an account designated by Company located in the Peoples Republic of China or, if such amount is deposited in RMB, it shall be deposited at an exchange rate fixed at UD$1 = RMB 6.83.
Thus, the Contractor’s non-compliance with PSC provisions by not carrying out the prescribed DST has resulted in delayed monetization of these discoveries and irrecoverable costs of ` 17.28 crore on MDT and ` 271.44 crore on fresh DST for D-1 discovery with the future prospect of further irrecoverable costs on DST for E-1 and UD-1 discoveries.
Exhibit B specifies those Assets which are owned by United and those as Assets which are owned by U-D.1.
The Contractor did not follow the laid down procedure of the PSC and notified three discoveries - D1, E1 and UD-1 based on MDT.
The Contractor submitted DoC in December 2013 for these discoveries (D-1 and E-1 in Cluster-1 and UD-1, the lone discovery in Cluster III).
In case of fresh DST for E1 and UD-1 discoveries, the Company would only be eligible for recovery of 50 per cent of the cost with a cap of US$ 15 million as per the ‘Policy for testing requirement’.
No. UD-1 Warrants _____________ Warrants VOID AFTER 5:00 P.M. NEW YORK TIME ON OCTOBER __, 2002 TRANSCOASTAL MARINE SERVICES, INC.
In respect of E-1 and UD-1 discoveries, the Contractor has exercised (24 June 2015) the option of carrying out DST (as per option 2 of May 2015 notification).