VPP definition

VPP means volumetric production payment.
VPP means the sale of limited-term overriding royalty interests in natural gas and/or oil reserves that (a) entitle the purchaser to receive scheduled production volumes over a period of time from specific lease interests; (b) are free and clear of all associated future production costs and capital expenditures; (c) are nonrecourse to the seller (i.e., the purchaser’s only recourse is to the reserves acquired); (d) transfer title of the reserves to the purchaser; and (e) allow the seller to retain all production beyond the specified volumes, if any, after the scheduled production volumes have been delivered.
VPP as defined in the definition ofQualifying VPP”.

Examples of VPP in a sentence

  • Purchases You choose to transact through Apple’s Volume Purchase Program (VPP) are subject to the VPP terms, and delivered to End Users or assigned to a device through the App Stores and/or the iBooks Store.

  • Purchases You choose to transact through Apple’s Volume Purchase Program (VPP) are subject to the VPP terms, and delivered to End Users or assigned to a device through the App Stores and/or the Apple Books Store.

  • The responsibilities of the SAT in administering the VPP are limited to those specified in the SAT Vehicle Procurement Program Solicitation for Bids and Contract Terms and Conditions, attached hereto and incorporated by reference as if fully set forth herein.

  • You may choose to enable Your Administrators or teachers and staff to access such Content by granting them purchasing authority and allowing them to access the Volume Purchase Program (VPP) to purchase Apps and Books for use on the Service.

  • Purchases You choose to transact through Apple’s Volume Purchase Program are subject to the VPP terms, and delivered to End Users or assigned to a device through the App Store and/or the Apple Books Store.


More Definitions of VPP

VPP means each of the volumetric production payment agreements pursuant to which Pioneer USA has sold or will sell proved reserves and which require or will require the delivery by Pioneer USA of specified quantities of oil and gas. Other terms defined herein have the meanings so given them.
VPP means a volumetric production payment pursuant to that certain (i) Purchase and Sale Agreement, dated October 8, 2004, between Chief Holdings and VPP Holdings II LP (ii) Conveyance of Term Overriding Royalty Interest, dated October 8, 2004, from Chief Holdings and to VPP Holdings II LP, and (iii) Production and Marketing Agreement, dated October 8, 2004, between the Company and VPP Holdings II LP.
VPP means the program through which institutions may make bulk purchases of Publisher’s eBooks through an Apple branded site, subject to such institutions agreeing to terms substantially similar to those attached as Exhibit G hereto, or, for enterprise, substantially similar to the terms available at ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/legal/itune s/vppbusiness/us/terms.html.
VPP refers to the “Visa Partner Program”, a promotional program whereby Visa agrees to make available custom IRF rates for the transactions originating with certain or all Visa Products at such Merchant.
VPP means the Victorian Planning Provisions.
VPP means the Production Payment (as defined in the VPP Conveyance).
VPP means a combination of (i) an Energy Storage Resource, and (ii) one or more Energy Storage Resources, Renewable Energy Resources or Demand Response Resources with an aggregated Net Capacity of at least five (5) MW over a minimum duration range from two (2) to four (4) hours, measured at each of the five or more points of interconnection (limited to one (1) MW each) with the Distribution System, which a Proponent aggregator or its agent assembles, registers, contracts to call upon and control, monitors, controls and makes available for direct or indirect dispatch by the T&D Operator through a software-based central control system in accordance with the terms of a Grid Services Agreement;