Upstream Business definition

Upstream Business means all the Group’s business activities associated with development and production of hydrocarbons.
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Upstream Business has the meaning set forth in the Ruling Request.
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Upstream Business shall have the meaning specified in the recitals.
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Examples of Upstream Business in a sentence

  • Total cost of sales and service was Baht 26,697 million, down 30% YoY following a decrease in Group Sales Volume and lower raw material costs in both HRC Business and Upstream Business.

  • Q2/2015 Results, The Company and its subsidiaries recorded sales and service revenues Baht 11,867 million, up 8% QoQ, from a 19% QoQ increase in sales to 3rd party customers of Upstream Business.

  • Provisions for granting tax facilities and other incentives must follow the provisions in the laws and regulations for tax facilities and incentives in the Oil and Gas Upstream Business Activities.

  • Thus, the Legal and Human Resources functions might operate across company lines; and, materially for present purposes, so might the Upstream Business (oil production and supply).

  • Operating performance dropped QoQ and YoY due to both lower HRC Spread in HRC Business and Slab Spread in Upstream Business as steel prices in the world market continued to decline.

  • He began those conclusions by observing that the RDS Control Framework made it clear that “the Shell group is organised both through legal entities (parent, holding and operating companies) and on Business and Function lines” meaning that “Legal and Human Resources functions might operate across company lines; and … so might the Upstream Business (oil production and supply)”.

  • Contractor must pay income tax in accordance with the provisions in the laws and regulations of income tax treatments in Oil and Gas Upstream Business Activities.

  • Upstream Business Activities means business activities which are based or centered on Exploration and Exploitation business activities.

  • Sales of HRC Business and sales to 3rd party customers of Upstream Business dropped by 43% and 34% YoY respectively.

  • Under Article 1 point 7 of the Oil and Gas Rule, Upstream Business Activities are business activities which are central or focused on business activities related to exploration and extraction.


More Definitions of Upstream Business

Upstream Business means all the business conducted by the Upstream Parties except the Midstream Business as conducted by the Midstream Parties.
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Upstream Business means, collectively, our three reportable segments: Primary Aluminum, Alumina and Bauxite. These segments consist of the New Madrid, Missouri aluminum smelter, the Gramercy, Louisiana alumina refinery and the St. Ann, Jamaica bauxite mine.
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Upstream Business means all Group’s business activities associated with development and production of hydrocarbons.SUBSCRIPTION AND SALE The section entitled “Plan of Distribution” on pages 153 to 156 of the Base Prospectus, as supplemented by the Supplement, as supplemented below, shall be incorporated into and form part of this Drawdown Prospectus. The section entitled “Selling Restrictions” shall be supplemented to include the following sub-sections relating to the Notes:CanadaEach Joint Lead Manager has represented, warranted and agreed that the Notes may be sold only to purchasers purchasing, or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions or subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. Any resale of the Notes must be made in accordance with an exemption from, or in a transaction not subject to, the prospectus requirements of applicable securities laws. Singapore Each Joint Lead Manager has acknowledged that this Drawdown Prospectus has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, each Joint Lead Manager has represented and agreed that it has not offered or sold any Notes or caused the Notes to be made the subject of an invitation for subscription or purchase and will not offer or sell any Notes or cause the Notes to be made the subject of an invitation for subscription or purchase, and has not circulated or distributed, nor will it circulate or distribute, this Drawdown Prospectus or any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Notes, whether directly or indirectly, to any person in Singapore other than
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Upstream Business means any business of the Debtors that is not part of the Downstream Business.
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Upstream Business means the business carried on as at the date of this Deed by certain Affiliates of the Covenantor (but not any Group Companies) relating to the production, supply and distribution of recyclable containers, external packaging and raw materials for juice production.
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Upstream Business means the business carried on as at the date of this Deed by certain Affiliates of the Guarantor (but not any Group Companies) relating to the production, supply and distribution of recyclable containers, external packaging and raw materials for juice production; and US$ means dollars of the United States of America, the lawful currency of the United States of America. SCHEDULE 2 WARRANTIES In this Schedule 2:
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Related to Upstream Business

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Company Business means the business of the Company as presently conducted.

  • Micro Business means a company which either:

  • Licensed Business means the activities connected with the conveyance of

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. owned, directly or indirectly, by the Reference Entity.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Oil and Gas Business means the business of the exploration for, and exploitation, development, production, processing (but not refining), marketing, storage and transportation of, hydrocarbons, and other related energy and natural resource businesses (including oil and gas services businesses related to the foregoing).

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Women-owned business means a business that is at least 51 percent owned by one or more women who are U.S. citizens or legal resident aliens, or in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest is owned by one or more women who are U.S. citizens or legal resident aliens, and both the management and daily business operations are controlled by one or more women.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;