Invitation issued to suppliers, often via a bidding process, to submit a proposal for a specific service or commodity
This is a relatively popular move amongst corporations traded on the US stock exchange when their shares are falling and options that were granted in the past are no longer worth the paper they are written on. Under such circumstances the board of directors of the company decides to adapt the price of the option to the new value of the share in the market place.
The rate of reserves replacement of oil and gas companies
Rental fees for holding an exploration permit or license offshore Israel are: Preliminary permit: Guarantee against damages >Priority Right Fee: NIS 5.07/month per 1000 dunam >License Fee: NIS 61.25 /year per 1000 dunam >Leasehold Fee: NIS 920/ year per 1000 dunam >
