Applicable Licence Period definition

Applicable Licence Period means in relation to a Licence Area, the duration of the Licence for that Licence Area as stated in Clause 2.2 of the Conditions of Contract. “Business” has the meaning given to the term in Clause 3.1 of the Conditions of Contract.“Cap.”means a Chapter of the laws of Hong Kong.“Car Park”means in relation to a Licence Area, the car park to be operated on that Licence Area by the Contractor. “Car Parks” means collectively all Car Parks at all of the Licence Areas.“company” or “body corporate”means a body corporate – (a)incorporated under the Companies Ordinance (Cap. 622) or any of the former Companies Ordinance; or (b)incorporated by any other Ordinance; or (c)incorporated outside Hong Kong which has complied with the provisions of Part 16 of Companies Ordinance (Cap. 622) or equivalent provisions in any of the former Companies Ordinance.“Contract”means the contract to be entered into between the Government and the successful Tenderer comprising the following parts of the Tender Documents and other items as specified below: (a) the “Articles of Agreement”; (b) the “Terms of Tender” and the Tender Attachments and the pro forma bank guarantee; (c) the “Conditions of Contract”;

Examples of Applicable Licence Period in a sentence

  • Subject to the due signature of the Articles of Agreement, occupancy of the Licence Area will be given to the successful Tenderer upon commencement of the Applicable Licence Period or such other date as specified by the Government in the Articles of Agreement.

  • The Licence Fee quoted by Tenderers shall remain valid and binding throughout the duration of the Applicable Licence Period.

  • Tenderers are strongly advised to visit the Licence Area before submitting the tenders and the successful Tenderer shall accept the Licence Area in the state and condition in which it is at the date on which the occupancy is given (i.e. the first date of the Applicable Licence Period).

  • For future contract, invitation to tender or award purposes, the Government shall have the right to disclose the utilisation rate of the Licence Area in respect of the Applicable Licence Period or any part thereof without further giving notice to the Contractor or any other person.

  • Notwithstanding the aforementioned tentative commencement date, the Government Representative shall have absolute discretion to determine the commencement date of the Applicable Licence Period for all or any of the Licence Area in the Articles of Agreement and the Applicable Licence Period(s) shall commence from the date as specified in the Articles of Agreement.

  • Notwithstanding the aforementioned tentative commencement date, the Government Representative shall have absolute discretion to determine the commencement date of the Applicable Licence Period for all or any of the Licence Areas in the Articles of Agreement and the Applicable Licence Period(s) shall commence from the date as specified in the Articles of Agreement.

  • Notwithstanding the aforementioned tentative commencement date, the Government Representative shall have absolute discretion to determine the commencement date of the Applicable Licence Period for the Licence Areas in the Articles of Agreement and the Applicable Licence Period(s) shall commence from the date as specified in the Articles of Agreement.

  • Notwithstanding the aforementioned tentative commencement date, the Government Representative shall have absolute discretion to determine the commencement date of the Applicable Licence Period for the Licence Area in the Articles of Agreement and the Applicable Licence Period shall commence from the date as specified in the Articles of Agreement.

  • Subject to the confirmation by the Government Representative in the Contract, the tentative commencement date of the Applicable Licence Period is 1st day of July 2020.

  • Subject to the confirmation by the Government Representative in the Contract, the tentative commencement date of the Applicable Licence Period is 1st day of April 2020.

Related to Applicable Licence Period

  • Licence Period , in relation to a licence, means each calendar year during which, or during any part of which, the licence is in force;

  • Licence Year means a period of 12 (twelve) calendar months commencing on the Validity Date or any anniversary of the Validity Date during the subsistence of the Agreement.

  • Licence Term means the Initial Term plus any Further Term; Licensee means You and/or the Permitted Users;

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Free period means any Period other than the Prohibited Period.

  • Concession Period means the period starting on and from the Appointed Date and ending on the Transfer Date;

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Use Period means the period commencing on the date that the ABL Agent or an agent acting on its behalf (or an ABL Credit Party acting with the consent of the ABL Agent) commences the liquidation and sale of the ABL Priority Collateral in a manner as provided in Section 3.6 hereof (having theretofore furnished the Controlling Term Agent with an Enforcement Notice) and ending 180 days thereafter. If any stay or other order that prohibits any of the ABL Agent, the other ABL Secured Parties or any ABL Credit Party (with the consent of the ABL Agent) from commencing and continuing to Exercise Any Secured Creditor Remedies or from liquidating and selling the ABL Priority Collateral has been entered by a court of competent jurisdiction, such 180-day period shall be tolled during the pendency of any such stay or other order and the Use Period shall be so extended.

  • Wind-Down Period is defined in Section 12.5 of this Agreement.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • Consent Period has the meaning specified in Section 2.10.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first mailed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period will be specified in the Notice.

  • License Term means the duration of a License as specified in the Order.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • Scheduled Black-Out Period means the period from and including the last day of a fiscal quarter of the Company to and including the business day after the day on which the Company publicly releases its earnings for such fiscal quarter.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • License year means the period of time for which a

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.