Project Ownership definition

Project Ownership means the legal right to control and operate the project activities. Distinct from proof of right;
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Project Ownership means the legal right to control and operate the project activities;
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Project Ownership means the legal right to control and operate the project activities; "Project Proponent" means the individual/s or organization/s that hold overall control and responsibility for a project, or an individual or organization that together with others, each of which is also a Project Proponent, has overall control or responsibility for the project activities. Project Proponents include but are not limited to the entity/entities that can demonstrate Project Ownership in respect of a project.
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Examples of Project Ownership in a sentence

  • EXHIBIT 3.2(i) (continued) Rocky Mountain Pumped Storage Resource Rocky Mountain Pumped Storage Hydroelectric Project Ownership Participation Agreement, dated as of November 18, 1988, by and between OPC and Georgia Power Company.

  • The County shall pay the amount of $15,600.00 as follows: October 1, 2021 $7,800.00 Project Ownership: RVC shall have sole ownership of the Project and shall be solely responsible for operation of the Project.

  • Payment of benefits from the Retiree Benefit Fund shall be contingent upon and subject to obtaining and retaining such approval of the Internal Revenue Service as may be necessary to establish the deductibility for Federal income tax purposes of any and all contributions made by the Employers under applicable provisions of the Internal Revenue Code of 1954, as amended.

  • Each such Project Ownership Entity has full power and authority to carry on its business as presently conducted by it and to own, lease and operate its properties and assets.

  • No Project Ownership Entity in which an Ownership Interest is to be transferred is a party to or, to such Transferor's knowledge, threatened with, any suit, investigation, legal action or other proceeding before any court, administrative or regulatory agency, arbitration panel or other similar authority the outcome of which could reasonably be expected to have a Material Adverse Effect on such Project Ownership Entity.

  • The Owners agree that every Person that desires to acquire an interest in the Project will do so in accordance with the terms of the Project Ownership Agreement and will become a signatory to all of the Project Agreements by executing the applicable Transfer Agreement.

  • True and complete copies of the organizational, charter or partnership documents of each Project Ownership Entity in which an Ownership Interest will be transferred pursuant to such instruments of transfer will be provided to the PIC Entity to which such Ownership Interest is to be transferred on or before the effective date of transfer.

  • Project Ownership: Participants retain full ownership of their projects and ideas developed during the hackathon.

  • No liens for taxes exist with respect to any assets or properties of any Project Ownership Entity to which such Ownership Interest pertains, except for statutory liens for taxes not yet due and Liens that could not reasonably be expected to have a Material Adverse Effect on the Ownership Interest or such Project Ownership Entity.

  • EXHIBIT 3.5.3(i) (CONTINUED) Rocky Mountain Pumped Storage Resource Rocky Mountain Pumped Storage Hydroelectric Project Ownership Participation Agreement, dated as of November 18, 1988, by and between OPC and Georgia Power Company.


More Definitions of Project Ownership

Project Ownership means the Parties’ joint interest in and obligation to execute the project. Project ownership is formalised in a project steering group made up of the above designated representatives from the road authorities of the participating countries.
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Project Ownership section of the Commitment Letter shall be amended to read as follows: "Except as set forth below, Motorola, Inc. and its subsidiaries may sell, encumber or transfer all Iridium LLC securities that they directly or indirectly hold. However, Motorola, Inc. shall not transfer, encumber or sell 13,266,713 of its Class 1 interests (as such amount may be affected from time to time by stock splits, stock dividends, recapitalizations, etc.) at any time prior to sixty calendar days after the Final Maturity." "Until sixty calendar days after the Final Maturity, Motorola, Inc. would agree not to produce for itself or others a commercial satellite-based space system which provides direct coverage to the entire earth and which is designed to principally provide direct voice service to and from hand-held, fully portable subscriber units no larger than the first-generation IRIDIUM handheld voice units. This would not prohibit Motorola, Inc., in any event, from producing satellite-based space systems for Iridium LLC, or any successor or related entity."
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Related to Project Ownership

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Common ownership means that more than 50% of the voting control of each member of a combined group is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, whether or not the owner or owners are members of the combined group. Whether voting control is indirectly owned shall be determined in accordance with section 318 of the federal Internal Revenue Code, 26 U.S.C. s.318.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.