Project Operator Sample Clauses

Project Operator. The Parties mutually acknowledge and intend that the Project will be directly carried out by the Project Operator, and therefore, subject to Section 2.2 regarding certain several obligations of the Recipients, agree as follows:
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Project Operator. Petroglyph Operating Company, Inc. is hereby designated as Project Operator, and by its signature hereto agrees and consents to accept the duties and obligations of Project Operator for the development and production of Project Substances as herein provided. Whenever reference is made herein to the Project Operator, such reference means the Project Operator acting in that capacity and not as an owner of interest in Project Substances, and the term "Working Interest Owner" when used herein shall include or refer to Project Operator as the owner of a Working Interest when such an interest is owned by it.
Sample 1
Project Operator. Siga will be the operator and manager of the project. Siga shall have full operating authority during its tenure on the property, and shall carry such insurance for its actions as is reasonable and customary, and in accordance with the laws of British Columbia. As operator, Siga will be responsible for bonds, fees and general costs for its operations, including any environmental liabilities incurred after the date of this Agreement.
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Project Operator. The Parties shall use their reasonable endeavours to procure that the Participants appoint MPAL Old and/or, following the exercise of the Xxxxx Shoal Interests Option Deed, MPAL New, as the Operator of the Project. If MPAL Old or MPAL New (as applicable) is appointed by the Participants as the Operator:
Sample 1
Project Operator. PREMIER shall be the sole Project Operator of the Joint Venture during the initial period, the earn-in period, and so long as its interest is 50% or greater. Following the Premier earn-in, Premier and LKA shall form a management committee to establish, in advance, exploration, mining and budget matters and plans. If LKA and Premier can not reach agreement on any aspect of these project management items or plans then a third party, agreeable to both LKA and Premier, will be appointed to resolve the disagreement in accordance with mining industry standards or any special circumstances that may be encountered. LKA and Premier will endeavor to use their best efforts, information and resources to work together and resolve any project-related disputes.
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Project Operator. GEMXX and MLJV shall co-manage project operations. Following the GEMXX buy-in, GEMXX and MLJV shall form a management committee to establish, in advance, exploration, mining and budget matters and plans. If MLJV and GEMXX cannot reach agreement on any aspect of these project management items or plans then a third party, agreeable to both MLJV and GEMXX, will be appointed to resolve the disagreement in accordance with mining industry standards or any special circumstances that may be encountered. MLJV and GEMXX will endeavor to use their best efforts, information and resources to work together and resolve any project-related disputes.
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Project Operator. 4.1 CLM shall become the Operator of the project on the Property (the “Project”) on the Acceptance Date.
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Related to Project Operator

  • Operator The Optionee shall be the operator for purposes of developing and executing exploration programs.

  • Joint Operating Agreement (JOA) Within six (6) months from the Effective Date, the Participants shall enter into the Joint Operating Agreement which shall embody the principles stipulated in this JOA Heads of Agreement and it may include such other provisions as customarily used by international petroleum industry and shall continue in effect as long as the Contract is in effect. (End of Addendum One)

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Property Manager Any entity that has been retained to perform and carry out property rental, leasing, operation and management services at one or more of the Properties, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property.

  • Co-operation 1. The Parties shall take all appropriate and necessary measures to ensure fulfilment of the obligations and objectives arising out of this programme agreement.

  • The Properties 3.1 All of the Properties are in England, Wales or Scotland.

  • Projects The Annexes attached hereto describe the specific projects and the policy reforms and other activities related thereto (each, a “Project”) that the Government will carry out, or cause to be carried out, in furtherance of this Compact to achieve the Objectives and the Compact Goal.

  • Project Contracts Authority shall upon its election, succeed, without the necessity of any further action by the Concessionaire, to the interests of the Concessionaire under such of the Project Contracts as the Authority may in its discretion deem appropriate, and shall upon such election be liable to the Contractors only for compensation accruing and becoming due and payable to them under the terms of their respective Project Contracts from and after the date the Authority elects to succeed to the interests of the Concessionaire. For the avoidance of doubt, it is hereby agreed, and the Concessionaire hereby acknowledges, that all sums claimed by such Contractors as being due and owing for works and services performed or accruing on account of any act, omission or event prior to such date shall constitute debt between the Concessionaire and such Contractors, and the Authority shall not in any manner be liable for such sums. It is further agreed that in the event the Authority elects to cure any outstanding defaults under such Project Contracts, the amount expended by the Authority for this purpose shall be deducted from the Termination Payment.

  • Property Management Borrower will provide for professional management of the Mortgaged Property by the Property Manager at all times under a property management agreement approved by Lender in writing. Borrower will not surrender, terminate, cancel, modify, renew or extend its property management agreement, or enter into any other agreement relating to the management or operation of the Mortgaged Property with Property Manager or any other Person, or consent to the assignment by the Property Manager of its interest under such property management agreement, in each case without the consent of Lender, which consent will not be unreasonably withheld.

  • Operating Contracts Subject to the rights of the Timeshare Owners’ Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.

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