Licensing Round definition

Licensing Round means any process administered by the JDA in which persons bid and/or apply for and/or are awarded licences to explore for and/or exploit the hydrocarbon resources of the JDZ;
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Licensing Round or “bid round” means the licensing round as contemplated under section 74(1) of the Act.
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Licensing Round means the process of inviting applications for the grant of a licence, shortlisting applicants and (subject to clause 45) inviting offers to take up a licence from shortlisted applicants and awarding licences.
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Examples of Licensing Round in a sentence

  • Vahe Petrossian, “Libya Sees Panel on the Fast Track,” Upstream, September 15 2006; and, Reuters, “Libya Oil Licensing Round Attracts Many Offers - NOC,” September 26, 2006.

  • Faleh al Khayat, “Iraq Prepares Oil Licensing Round Without Federal Oil Law,” Platts Commodity News, January 9, 2008.

  • These Blocks were offered as part of the 32nd Offshore Licensing Round launched by the UK Oil and Gas Authority (OGA) in July 2019.

  • The 14th Onshore Oil and Gas Licensing Round presented the most recent offerings.

  • This is also the phase where state legislation on AVs may be planned with the help of the lessons learned from other states such as California and Nevada.

  • The OGA has made no decision to undertake a 15th Onshore Oil and Gas Licensing Round at this time, although this may change in the future.

  • Reference is made to part5.5.1 of the explanatory notes to the Act on the Third Licensing Round.

  • In February 2015, Uganda held its first Competitive Licensing Round and the Government signed three production sharing agreements (PSAs) and issued a licence for exploration, development, and production to Armour Energy Limited (from Australia), and two licences to Oranto Petroleum Limited (from Nigeria).

  • Law No. 9478 establishes that oil and natural gas exploration, development and production activities will be carried out by means of Concession Agreements, preceded by a Licensing Round.

  • In 2003, the Oza Field was awarded to Millenium having won the bid during the Marginal Fields Licensing Round.


More Definitions of Licensing Round

Licensing Round means the process being undertaken pursuant to this Submission of Applications Guidance Note to select an Applicant for each Block.
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Licensing Round means the licensing round as contemplated under section 74(1) of the Act; “licensing round guidelines” shall be the licensing round guidelines as defined in section 75 of
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Licensing Round means the process being undertaken pursuant to this Guidance Note to select an Applicant for each Block.
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Related to Licensing Round

  • Licensing Site means xxxx://xxx.xxxxxxxxx.xxx/licensing/contracts or a successor site. “Non-Microsoft Product” is defined in the Online Services Terms.

  • licensing body means any body that licenses or regulates any profession;

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Licensing state means any state with regulations equivalent to the suggested state regulations for control of radiation relating to, and an effective program for, the regulatory control of NARM and which has been granted final designation by the Conference of Radiation Control Program Directors, Inc.

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • Exclusive License has the meaning set forth in Section 3.1.

  • exclusive licence means a licence from the proprietor of or applicant for a patent conferring on the licensee, or on him and persons authorised by him, to the exclusion of all other persons (including the proprietor or applicant), any right in respect of the invention to which the patent or application relates, and “exclusive licensee” and “non-exclusive licence” shall be construed accordingly;

  • Licensing means any grant of rights to distribute the qualified motion picture, in whole or in part.

  • License means any Copyright License, Patent License, Trademark License or other license of rights or interests.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense, but excluding:

  • Technology License Agreement means the agreement in the form of Exhibit H hereto.

  • License Type means the type of license granted be it a perpetual license or subscription license for a specified duration, such information being as specified in the Notification Form.

  • Active license means a license that is current and has not expired.

  • Driver license means a license that is issued by a state to

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • State licensing authority means the authority created for the purpose of regulating and controlling the licensing of the cultivation, manufacture, distribution, and sale of Medical Marijuana and Retail Marijuana in Colorado, pursuant to section 12-43.3-201, C.R.S.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Licensing authority means the department or division within each participating state which is authorized by law to issue or approve licenses or permits to hunt, fish, trap, or possess wildlife.

  • Sublicense Revenues means [***].

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Nationwide Mortgage Licensing System and Registry means a mortgage licensing system developed and maintained by the conference of state bank supervisors and the American association of residential mortgage regulators for the licensing and registration of licensed mortgage loan originators.

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;