Development Decision definition

Development Decision means a decision by the board of directors of the Buyer and/or Buyer Guarantor to approve a development program on the Project as evidenced by written minutes.
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Development Decision means a decision by the Company to build and operate a mine on any Property in the Contract Area in accordance with the a Feasibility Study confirming the economic feasibility of building and operating such a mine.
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Development Decision means an express resolution of the Board of Managers to commence Development of the NorthMet Construction. [Redacted - Commercially sensitive information].
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Examples of Development Decision in a sentence

  • On July 19, 2021, the Company issued the press release "Yamana Gold Announces Positive Development Decision On Its Wholly owned Wasamac Project Based on Positive Results From Several Studies Showing Higher Average Daily Throughput, Increased Mineral Reserves, Increased Average Annual Production And Strong, Increased Cash Flows".

  • After completion of the Study, GRAPH-TECH shall have until December 31, 2002 (the "Option Period") to determine if it wishes to make a Development Decision or wishes to extend the time in which it may make the Development Decision.

  • For example if GRAPH-TECH makes a Development Decision on June 30,2003 and then 25 months later has through inaction, caused the Vehicle to fail to be able to begin mining operations, the Extension Payment that would have been due for July, 2003 shall then become due and payments would continue from that point as if no Development Decision had been made.

  • Immediately upon GRAPH-TECH making a Development Decision, the Extension Payments to Mazarin shall cease and the Vehicle shall initiate reasonable efforts to begin mining operations within 24 months.

  • The Extension Payments will recommence as if the Development Decision and the time period in between had not occurred.

  • After negotiation of the Shareholders Agreement and prior to making the Development Decision, GRAPH-TECH and Mazarin shall in good faith commence the negotiation and settlement of the terms and conditions of the Offtake Contract consistent with the terms and conditions set out in Appendix C.

  • Should GRAPH-TECH make a Development Decision and elect to go forward with the development of the Deposit, the Study Committee shall become the Vehicle's management committee and board of directors.

  • Upon making the Development Decision, the Vehicle shall enter into the Offtake Contract with GRAPH-TECH.

  • Once the Development Decision is made and notice thereof delivered to Mazarin, the Study Committee shall use the approved feasibility study to delineate the initial project (the "Initial Project") for the complete development of the Deposit.

  • In the event GRAPH-TECH elects not to make a Development Decision by December 31, 2002, or prior to the termination of any applicable Extension Period, Mazarin may require GRAPH-TECH to transfer its interest in the Vehicle to Mazarin for a sum of $1,000,000.00 or GRAPH-TECH's interest shall be diluted on a basis to be set out in the Shareholders Agreement.


More Definitions of Development Decision

Development Decision means a decision made by the Executive Committee, based on the Full Feasibility Study, to proceed with the development of a mine on the Properties or a portion thereof;
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Development Decision means a decision by the Steering Committee regarding whether a Development Program should be commenced for a Collaboration Product and/or whether a Collaboration Product should be advanced to the next stage of a Development Program such as for example, advancing a Collaboration Product from Phase I Clinical Trials to Phase II Clinical Trials or advancing a Collaboration Product to IND filing stage.
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Development Decision means the approval by BML, Olympus and the majority vote of the board of NBG, to proceed with a Project based on a Final Feasibility Study;
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Development Decision means the approval by (i) BML and Zedex and (ii) majority vote of the board of Kalimantan Gold, to proceed with a Project based on a Final Feasibility Study;
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Development Decision with respect to a Product means the earlier of (a) initiation of an [***] for such Product or (b) the [***] for such Product.
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Related to Development Decision

  • Development Phase means the period before a vehicle type is type approved.

  • Development Plan has the meaning set forth in Section 3.2.

  • Development Program means the implementation of the development plan.

  • Development Team means the entities and professionals assembled to develop and manage the Project, typically including the Applicant, Owner, Developer(s), Co-Developer(s) and general partner or any other related entities in which the Developer or Co-Developer has an identity of interest or a Controlling Interest.

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Development Report means a written account of Licensee’s progress under the Development Plan having at least the information specified on Appendix B to this Agreement, and shall be sent to the address specified on Appendix B.

  • Development Work means the conduct of preclinical and clinical trials, the compilation of the regulatory dossier concerning Licensed Products and the conduct of other work necessary or useful for obtaining Regulatory Approval of Licensed Products.

  • Development Activities means those activities which are normally undertaken for the development, construction, rehabilitation or conversion of buildings for residential purposes, including the acquisition of property;

  • Development Project means a project for the development of land within a

  • Development Works means the external development works and internal development works on immovable property;

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Research Plan shall have the meaning set forth in Section 2.1.

  • Development order means any order granting, denying, or granting with conditions an application for a development permit.

  • Development Data means any and all research data, pharmacology data, chemistry, manufacturing and control data, preclinical data, clinical data and all other documentation (including raw data) compiled, developed or generated with respect to the Compound or Product.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Development Committee shall have the meaning set forth in Section 3.4.1.

  • Commercialization or “Commercialize” means any and all activities undertaken at any time for a particular Licensed Product and that relate to the manufacturing, marketing, promoting, distributing, importing or exporting for sale, offering for sale, and selling of the Licensed Product, and interacting with Regulatory Authorities regarding the foregoing.

  • Development Candidate means a Compound that meets the Development Candidate Criteria for the initiation of a Development Program for the treatment of CF, and which is the subject of a notice from Vertex to CFFT that Vertex intends to commence formal pre-clinical development of the Compound in the Field pursuant to the provisions of Section 3.1 hereof.

  • JMC has the meaning set forth in Section 3.01.

  • Phase I Study means a study in humans which provides for the first introduction into humans of a product, conducted in healthy volunteers or patients to obtain information on product safety, tolerability, pharmacological activity or pharmacokinetics, as more fully defined in 21 C.F.R. § 312.21(a) (or the non-United States equivalent thereof).

  • Feasibility Study means the evaluation and analysis of the potential of a project, which aims at supporting the process of decision-making by objectively and rationally uncovering its strengths and weaknesses, opportunities and threats, as well as identifying the resources required to carry it through and ultimately its prospects for success;

  • Clinical Study or “Clinical Studies” means a Phase 0 Xxxxx, Xxxxx 0 Xxxxx, Xxxxx 0 Trial or Phase 4 Trial, or such other study in humans that is conducted in accordance with good clinical practices and is designed to generate data in support or maintenance of an NDA, MAA or other similar marketing application.

  • Phase I Clinical Study means, as to a particular Licensed Product, an initial clinical study in humans with the purpose of assessing the Licensed Product’s safety, tolerability, toxicity, pharmacokinetics or other pharmacological properties.