Development Licence definition

Development Licence means a licence as described in Clause 10.1.
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Development Licence means a licence granted under section 66;
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Development Licence means the licence issued by GOT to TPDC, pursuant to the Act, for the development, further exploration and right of sale or other disposition of Natural Gas and other Petroleum from the “Development Licence Area” as defined in Annex A. A copy of the Development Licence is attached as Annex C.
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Examples of Development Licence in a sentence

  • So long as the Development Licence issued to TPDC hereunder remains in force, at least three months prior to the beginning of each subsequent year, PanAfrican Tanzania shall prepare and submit to TPDC a detailed Work Programme, including a budget, setting forth the Petroleum Operations that PanAfrican Tanzania proposes to carry out in that year and the estimated cost thereof.

  • TPDC shall discharge its obligation to pay royalties under the Act and the Development Licence in respect of Additional Gas and other Petroleum produced and sold from the Contract Area by payment of royalties as established by GOT.

  • The GOT, through the Ministry, covenants that in the event TPDC, for whatever reason, no longer holds the Development Licence during the term of the Development Licence as provided in Section 42 of the Act, the GOT will ensure that the Development Licence is issued to another Person obligated and able to honor TPDC’s obligations hereunder and under the Gas Agreement.

  • Unless earlier terminated as provided herein, the term of this Agreement shall be for the term of the Development Licence as it may be extended pursuant to Section 44 of the Act.

  • Solely for the purpose of this Section 24.6, GOT agrees that in any proceeding for the revocation, suspension or cancellation of the Development Licence under Section 51 of the Act, GOT will deem Songas and PanAfrican Tanzania registered holders of the Development Licence until such time as it issues the Development Licence to another Person.


More Definitions of Development Licence

Development Licence. “Development Operations” “Exploration Operations” “In Default”, “Location”, “Minister”, “Petroleum” “Regulations” and “Well” shall have the meanings assigned to them respectively in Section 5 of the Act; “Adjoining Block” and “Discovery Block” shall have the meanings assigned to them respectively in Section 33 of the Act.
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Development Licence means a licence granted under section 37;
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Development Licence means a licence granted under section 67;
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Development Licence means a development licence to permit access to, and construction on, the Development Licence Area and to carry out the Development in accordance with the terms in this Agreement (refer clause 3).
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Development Licence means a licence granted under section 37; ''development operations'' means operations for or in connection. with
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Development Licence means a licence authorising operations for and in connection with petroleum production;
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Development Licence shall have the meaning ascribed to it by the Act;
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