Unit Participation definition

Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.
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Unit Participation as used herein shall mean the sum of the Tract Participations as shown by Tracts for each Working Interest Owner in Exhibit “C” to the Unit Agreement.
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Unit Participation is defined as the sum of the percentages obtained by multiplying the Working Interest of a Working Interest Owner in each Tract having Tract Participation by the Tract Participation of such Tract.
Sample 1

Examples of Unit Participation in a sentence

  • Each working interest owner shall have a voting interest equal to its Unit Participation.

  • Bargaining Unit Participation in the Plan maybe 26 terminated with the approval of the Association and the District.

  • In the event the Investment Manager undertakes the investment return distribution in the form of cash, the payment of the investment return in cash (if any) will be conducted by transfer in IDR currency to the account registered on behalf of Unit Participation Holder as soon as possible, no later than 7 (seven) Exchange Days since the date of the investment return distribution.

  • The Transfer of Unit Participation Ownership of ASHMORE DANA EKUITAS NUSANTARA referred in point 16.1 above shall be conducted in accordance to prevailed law and legislation of inheritance and/or grants.

  • The Transfer of Unit Participation Ownership of ASHMORE DANA EKUITAS NUSANTARA shall be notified to the heir, grantor, or grantee to the investment manager or selling agent of mutual fund with supporting evidence in accordance to legislation to further administred at the Custodian Bank.

  • All costincluding transfer cost in relation to the investment return distribution payment in cash (if any) will be born to the Unit Participation Holder.

  • All cost including transfer cost in relation to the investment return distribution payment in cash (if any) will be born to the Unit Participation Holder.

  • The Transfer of Unit Participation Ownership of ASHMORE DANA OBLIGASI NUSANTARA shall be notified to the heir, grantor, or grantee to the investment manager or selling agent of mutual fund with supporting evidence in accordance to legislation to further administred at the Custodian Bank.

  • The Transfer of Unit Participation Ownership of ASHMORE DANA OBLIGASI NUSANTARA referred in point 16.1 above shall be conducted in accordance to prevailed law and legislation of inheritance and/or grants.

  • The Transfer of Unit Participation Ownership of ASHMORE DANA OBLIGASI UNGGULAN NUSANTARA shall be notified to the heir, grantor, or grantee to the investment manager or selling agent of mutual fund with supporting evidence in accordance to legislation to further administred at the Custodian Bank.

Related to Unit Participation

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.