Exploitation Licence definition

Exploitation Licence means a licence under this section authorising the licensee to exploit mineral resources of a description specified in the licence in an area so specified;
View Source
Exploitation Licence means an extension of the Exploration Licence for the purpose of exploitation in a specific, delimited area.
View Source
Exploitation Licence means an authorization granted by the Council of Ministers and providing its holder with the rights set forth in Article 14(3) of the Law.
View Source

Examples of Exploitation Licence in a sentence

  • During the Exploitation Licence, the Contractor shall carry out enhanced recovery studies and use such recovery processes if they may lead to an increase in Hydrocarbons recovery rate under economic conditions.

  • For the Calendar Year in which an Exploitation Licence is granted for a given area, the surface fee set forth in paragraph (iv) shall be prorated from the date of granting said Exploitation Licence through December 31st of said Calendar Year.

  • The initial term of the first period of the Exploitation Phase of each Pool shall be fifteen (15) years from the date the Exploitation Licence is awarded (herein referred to as the "First Exploitation Period").

  • If, however, the Drilling operations (or Drilling operations conducted during the period extended by reason of Force Majeure) result in a discovery, this Agreement shall continue until a determination is made whether or not that discovery is a Commercial Discovery and whether an application should be submitted for an Exploitation Licence.

  • The aggregate of funds deducted and withheld from all employees in the bargaining unit shall be remitted by the School District together with an itemized statement to the Minnesota School Employees Association no later than ten (10) days following the end of each payroll period.

  • Upon termination of this Agreement for any reason (and in the absence of the Exploitation Licence being entered into Agalimmune shall no longer be licensed to use or otherwise exploit in any way, either directly or indirectly, KODE™ Technology or KODE™ Know-How, in so far and for as long as any of the Licensed Patents remain in force, and except in respect of any accrued rights, neither Party shall be under any further obligation to the other.

  • The Exploitation Licence with respect to the Commercial Field shall be granted by the Council of Ministers to the Contractor after the approval by the Minister of the development and production plan, for the approved Exploitation Area and the duration specified in Article 5.11.

  • Exploitation Licence The licence to use KODE™ Technology and KODE™ Know-How in the Field, the terms of which are set out in Schedule 2, which licence comes into effect upon exercise of the Option.

  • For the avoidance of doubt, in the event that, the total Secondary Exploitation Licence Fees payable during Period 2 by the Licensee to MCPS is less than the total Advance paid, no part of the Advance shall be repayable to the Licensee by MCPS.

  • Upon exercise of the Option referred to in Clause 2.1(b) during the Term, this Agreement will be deemed to have terminated upon the grant of the Exploitation Licence.


More Definitions of Exploitation Licence

Exploitation Licence means a licence authorising the licensee to exploit the hard mineral resources of such part of the deep sea bed as may be specified in the licence.
View Source
Exploitation Licence means an Exploitation Licence granted to the Contractor with respect to a Commercial Field under this Contract pursuant to Article 5.
View Source
Exploitation Licence. Means exclusive licence no. 2014/21 for exploitation of minerals in areas at Aappaluttoq in West Greenland.
View Source
Exploitation Licence means each exploitation licence ("permis d'exploitation") awarded to SONATRACH as the result of a Commercial Discovery.
View Source
Exploitation Licence an agreement negotiated with and ratified by the Ministry permitting the Contractor and the Contractor’s identified agents and sub-contractors the exclusive right to exploit an identified mineral resource within the agreed Exploitation Area and in full compliance with the Exploitation Plan as agreed by the Ministry.
View Source
Exploitation Licence means a licence granted under Article 28(3), Article 28(3) or Article 28(9), which authorises Exploitation in respect of large-scale mining projects in accordance with this Law;
View Source

Related to Exploitation Licence

  • Generation Licence means an electricity generation licence granted or treated as granted pursuant to section 6(1)(a) of the EA 1989 that authorises a person to generate electricity;

  • exploration licence means an exploration licence under Part 2 of the Mineral Resources Development Act 1990;

  • Exploitation means to make, have made, import, export, use, have used, sell, have sold, or offer for sale, including to Develop, Commercialize, register, modify, enhance, improve, Manufacture, have Manufactured, hold, or keep (whether for disposal or otherwise), or otherwise dispose of.

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;