Exploitation Authorization definition

Exploitation Authorization means the authorization granted to the Contractor to carry out, on an exclusive basis, all the development and exploitation of the Hydrocarbon deposits within the Exploitation Perimeter.
Sample 1

Examples of Exploitation Authorization in a sentence

  • In the event of the grant of more than one Exploitation Authorization and unless there is an early termination, this Contract will expire upon the expiration of the last current valid Exploitation Authorization.

  • In accordance with the provisions of article 15 of the Present Code and the provisions concerning each type of mining and/or quarry right, the department responsible for the protection of the mining environment evaluates the EIS and the EMPP relating to the application for mining exploitation rights or Permanent Quarry Exploitation Authorization, as well as the MRP relating to an application for a Temporary Quarry Exploitation Authorisation in accordance with the provisions of the present Code.

  • Surface Area Fee: It refers to a periodic monetary fee assessed by a mining Contract in the exploration, prospecting, exploitation phase, an Artisan Exploitation License, an arid extraction Authorization or a Quarry Exploitation Authorization, as compensation for the occupation of the Area under a Contract, License or Authorization.

  • The amounts charged are considered provisional amounts arrived at on the basis of the Contractor’s experience, and they shall be adjusted annually in relation to the Contractor’s real costs, but they must not exceed the following caps:  Before grant of the first Exploitation Authorization : three percent (3%) of the Petroleum Costs excluding overhead;  On the grant of the first Exploitation Authorization : one and one-half percent (1.5%) of Petroleum Costs not including financial costs and overhead.

  • The amounts charged are considered provisional amounts arrived at on the basis of the Contractor’s experience, and they shall be adjusted annually in relation to the Contractor’s real costs, but they must not exceed the following caps: · Before grant of the first Exploitation Authorization : three percent (3%) of the Petroleum Costs excluding overhead; · On the grant of the first Exploitation Authorization : one and one-half percent (1.5%) of Petroleum Costs not including financial costs and overhead.

  • Within sixty (60) business days before the expiration of its Exploitation Authorization, the Authorization Holder may submit a renewal request to the Ministry of Mines accompanied by three (3) sets (including a digital copy, if possible) of the following document and information : 1.

  • Bid conditions for Exploitation Authorizations Any eligible person may submit a proposal for an Exploitation Authorization to the Ministry of Mines, utilizing the format required by the Ministry of Mines, paying the required fees, and submitting five (5) sets (including one digital copy, if possible) of the information and documentation.

  • Artisanal Exploitation Authorization (AEA) confers upon the beneficiary the right to exploit mineral resources to a depth of 15 metres, using not much mechanized methods and processes, in a defined area not exceeding 50 hectares.

  • Any person that meets the eligibility requirements established by Article 14 of the Minerals Law and the specific conditions identified by the Ministry of Mines in the bid documents may submit a Bid to the Ministry of Mines for a Tailings Exploitation Authorization for the extraction, processing and sale of Mineral Substances from an Artificial Deposit.

  • A prescribed form from the Ministry of Mines can be used for modifying the Authorization, accompanied by the required fee and the information specified in Article 37 Item 4 of these Regulations (6) Department of Cadastre shall record the responsibilities of this Article in the Exploitation Authorization Contract.

Related to Exploitation Authorization

  • Competition Authority means the competent authority or authorities in charge of enforcing the competition law of a Party, including, in the case of the Union, the European Commission;

  • education authority means a government department, a local authority as defined in section 579 of the Education Act 1996 (interpretation), a local education authority as defined in section 123 of the Local Government (Scotland) Act 1973, an education and library board established under Article 3 of the Education and Libraries (Northern Ireland) Order 1986, any body which is a research council for the purposes of the Science and Technology Act 1965 or any analogous government department, authority, board or body, of the Channel Islands, Isle of Man or any other country outside Great Britain;

  • Aviation Authority means the FAA or any Government Entity which under the Laws of the U.S. from time to time has control over civil aviation or the registration, airworthiness or operation of aircraft in the U.S. If the Aircraft is registered in a country other than the U.S., "Aviation Authority" means the agency which regulates civil aviation in such other country.

  • Data Protection Authority means an independent public authority that is legally tasked with overseeing compliance with applicable data protection laws.

  • Registration Authority or "RA" means an entity approved by a CA to assist Certificate Applicants in applying for, approving, rejecting, or revoking Certificates.

  • Certification Authority means an entity that certifies the generation, characteristics or Delivery of a REC, or the qualification of a Renewable Energy Facility or Renewable Energy Source under an Applicable Program, may include, as applicable, the Administrator, a GIS, a Governmental Authority, the Verification Provider, one or both of the Parties, an independent auditor, or other third party, and should include (i) if no Applicable Program is specified, the Seller, or the generator of the RECs if the Seller is not the generator, (ii) if the RECs are to be Delivered pursuant to an Applicable Program, the Administrator of the Applicable Program, or such other person or entity specified by the Applicable Program to perform Certification, or (iii) such other person or entity specified by the Parties.

  • Resolution Authority means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

  • Product Authorizations means any and all approvals, including applicable supplements, amendments, pre- and post-approvals, clearances, licenses, notifications, registrations, certifications or authorizations of any Governmental Authority, any Standard Body necessary for the manufacture, development, distribution, use storage, import, export, transport, promotion, marketing, sale or other commercialization of a Product in any country or jurisdiction.

  • Relevant UK Resolution Authority means any authority with the ability to exercise a UK Bail-in Power.

  • Regulatory Authorizations means all approvals, clearances, notifications, authorizations, orders, exemptions, registrations, certifications, licenses and permits granted by, submitted to or filed with any Regulatory Agencies, including all Product Authorizations.

  • Relevant Resolution Authority means the resolution authority with the ability to exercise any Bail-in Powers in relation to the relevant Underwriter.

  • Taxation Authority means any domestic or foreign government, agency or authority that is entitled to impose Taxes or to administer any applicable Tax legislation.

  • EEA Resolution Authority means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

  • UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

  • Marketing Authorization means all approvals from the relevant Regulatory Authority necessary to market and sell a Product in any country (including without limitation, all applicable pricing and governmental reimbursement approvals even if not legally required to sell Product in a country).

  • Government Authorizations means all such approvals, consents, authorizations, acknowledgements, licenses or permits required to be issued by any Government Authority to the Company for the establishment of the Company or to the Company or the Contractors for the construction, financing, ownership, operation, and maintenance of the Facility by the Company or the Contractors, including, without limitation, those Government Authorizations listed in Schedule 1;

  • Product Approval(s) means any approvals, registrations, permits, licenses, consents, authorizations, and other approvals, and pending applications and requests therefor, required by applicable Agencies related to the research, Development, manufacture, distribution, finishing, packaging, marketing, sale, storage or transport of a Product within the United States of America, and includes, without limitation, all approvals, registrations, licenses or authorizations granted in connection with any Application related to that Product.

  • Requisite Regulatory Approvals has the meaning set forth in Section 7.01(b).

  • Marketing Authorization Application or “MAA” means an application for Regulatory Approval in a country, territory or possession.

  • Regulatory Approval means any approval or clearance by any governmental agency or agencies having authority to regulate the use or sale of any Licensed Product(s) in the pertinent jurisdiction or territory.

  • Sell Authorization means that Distributor needs to meet specific training and qualification requirements for each product included in an “On Premise” Product Family that Distributor wants to resell as set out in detail in the Distributor Program Guide and the applicable RSPI.

  • Required Governmental Approvals With respect to each Facility, all licenses, permits, accreditations, authorizations and certifications from any Governmental Authority which are material to or required for (i) the operation of such Facility and any Capital Addition thereto for its Primary Intended Use in accordance with all applicable, material Legal Requirements, including, without limitation, material state facility licenses, certificates of need, permits, provider agreements and accreditations or certifications from Medicare and/or Medicaid, and (ii) for any other use conducted on the Leased Property of such Facility and any Capital Additions thereto as may be permitted from time to time hereunder in accordance with all applicable, material Legal Requirements.

  • Authorizations means all filings, recordings, and registrations with, and all validations or exemptions, approvals, orders, authorizations, consents, franchises, licenses, certificates, and permits from, any Governmental Authority.

  • Necessary Authorizations means all approvals and licenses from, and all filings and registrations with, any governmental or other regulatory authority, including, without limiting the foregoing, the Licenses and all approvals, licenses, filings and registrations under the Communications Act, necessary in order to enable the Borrower and its Subsidiaries to own, construct, maintain, and operate communications tower facilities and to invest in other Persons who own, construct, maintain, manage and operate communications tower facilities.

  • Regulatory Approvals means any registrations, licenses, authorizations, permits or approvals issued by any Governmental Authority and applications or submissions related to any of the foregoing.

  • Regulatory Approval Application means any application submitted to an appropriate Regulatory Authority seeking any Regulatory Approval.