Customary Rights definition
Examples of Customary Rights in a sentence
All Sectors Sub-Sector: Customary Rights on Land and Properties Industry Classification: Level of Government: Central and Regional Type of Obligation: National Treatment (Article 7.4) Description of Measure: Indonesia reserves the right to adopt or maintain any measure related to customary rights of land and properties of minorities tribal groups.
Indigenous peoples rights in Indonesia: Customary Rights and REDD.
ParView further represents and warrants that as of the date hereof, no holder of any option, warrant, convertible debt, equity or other right to purchase any Stock of ParView has been granted any anti-dilution rights in connection with the Stock other than rights customarily granted in the event of any stock split, stock dividend or similar transaction that would have the effect of treating the optionholder as if the optionholder held common stock at the time of such transaction (the "Customary Rights").
Should Protected Customary Rights exist pursuant to the RMA then the Parties will discuss and consider an agreed process for monitoring, if appropriate.
This JMA does not outline any Protected Customary Rights (as defined in s2 of the RMA) and there is no established process for the Parties to monitor and review these rights.