Approved Work Programme and Budget definition

Approved Work Programme and Budget means a Work Programme and Budget approved in accordance with Clause 4.4.
Approved Work Programme and Budget means a Work Programme and Budget that has been approved in accordance with Article 8;

Examples of Approved Work Programme and Budget in a sentence

  • To the extent that the Licensee does not carry out the entire minimum work obligations listed inSchedule 1, the Licensee shall pay to the Government, within 30 days of demand, an amount equal to the estimated expenditure of the minimum work obligations that have not been performed as set out in the relevant Approved Work Programme and Budget.

  • The amount of the Financial Guarantee to be maintained during each Exploration Period shall be equal to ten percent (10%) of the estimated expenditure under the Approved Work Programme and Budget for that Exploration Period.

  • All costs and entitlements relating to the respective contracts are shared between the JV Partners in accordance with the terms of the JOA.Under the PSC, the JV Partners fund the works as outlined in the Approved Work Programme and Budget (‘WP&B’) and are entitled to recover costs from production (referred to as “cost oil” and “cost gas”), subject to the cost oil/gas limit of the respective PSC.

Related to Approved Work Programme and Budget

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Work Programme means the document adopted by the Commission for the implementation of the specific programme28 in accordance with its Article 12 or the equivalent document in content and structure adopted by a funding body.

  • Research Budget has the meaning set forth in Section 3.2.

  • Development Work means the conduct of preclinical and clinical trials, the compilation of the regulatory dossier concerning Licensed Products and the conduct of other work necessary or useful for obtaining Regulatory Approval of Licensed Products.

  • Work Plan means a plan that describes each individual activity to be conducted to complete eligible activities and the associated costs of each individual activity.

  • Annual Work Plan means any of the Annual Work Plans.

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Work Program means a program of work reasonably acceptable to both parties in respect of a particular Property, contained in a written document setting out in reasonable detail;

  • Development Plan has the meaning set forth in Section 3.2.

  • Development Works means the external development works and internal development works on immovable property;

  • Research Plan shall have the meaning set forth in Section 2.1.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project area budget means a multiyear projection of annual or cumulative

  • Work Progress Schedule means the continually updated time schedule prepared and monitored by Contractor that accurately indicates all necessary appropriate revisions as required by the conditions of the Work and the Project while maintaining a concise comparison to the Baseline Schedule.

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • Development Project means a project for the development of land within a

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.

  • Development Consent means the consent granted to the Development Application for the Development and includes all modifications made under section 4.55 of the Act.

  • Development Plans has the meaning set forth in Section 3.2.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Approved Budget means an annual budget-

  • Feasibility Study means the evaluation and analysis of the potential of a project, which aims at supporting the process of decision-making by objectively and rationally uncovering its strengths and weaknesses, opportunities and threats, as well as identifying the resources required to carry it through and ultimately its prospects for success;

  • Project Scope means the description or activity of work to be accomplished on the Project.