NFDB definition

NFDB means National Fisheries Development Board, an autonomous organization established under the administrative control of the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India;
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NFDB or the “Authority” or the “Grantor” which expression shall, unless it be repugnant to the context or meaning thereof, include its subsidiaries, successors and assigns) of the FIRST PART; And for the Project, under the Companies Act, 2013, having its Registered Office at (hereinafter referred to as the "Concessionaire" which expression shall, unless it be repugnant to the context or meaning thereof, include its successors and permitted assigns) represented herein through Mr. , the Authorised Signatory, as authorised vide Board Resolution dated or by Power of Attorney dated ---------------- executed in his favor of the SECOND PART; M/s having its Registered Office at , in its capacity as the Confirming Party to this Agreement (hereinafter referred to as the “Preferred Bidder” which expression shall, unless the context otherwise requires, include its successors and permitted assigns) represented herein through Mr. , the Authorised Signatory, as authorised vide Board Resolution dated or by a Power of Attorney dated executed in his favor of the THIRD PART; (Each of the parties of the FIRST, SECOND and THIRD parts are hereinafter, as the context may admit or require, individually referred to as a “Party” and collectively as the “Parties”).
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Examples of NFDB in a sentence

  • NFDB (hereinafter referred to as the “Authority”) which is, inter alia, an autonomous organization under the administrative control of Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, has been playing a vital role in enhancement of Fish production and productivity in the country and coordinating Fisheries development in an integrated and holistic manner.

  • The NFDB shall extend required assistance and cooperation for obtaining the required mandatory approvals and clearances, if any, from the local authorities.

  • To produce & supply sufficient quality Multispecies Marine Fin Fish Seeds, which is the need of the hour for the development of Marine Fisheries Subsector including Mariculture, NFDB intended to develop ‘Coastal Aquaculture Facilities’ at Mulapolam, Srikakulam District, Andhra Pradesh in two Phases.

  • In consideration of the lease of the Site and the rights appurtenant thereto in favor of the Concessionaire, the Concessionaire shall, during the Concession Period, in terms of this Agreement, make payments to NFDB with respect to the Annual Lease Amount.

  • During this period, the designated key personnel of the NFDB shall be associated with the operations of the Project in order to facilitate smooth takeover of the same by NFDB on the Transfer Date.

  • The Concessionaire shall not either directly or in-directly use the trademarks of NFDB.

  • NFDB may appoint an Independent Engineer/Consultants, if required, who shall discharge the duties and functions substantially in accordance with the terms of set forth in Appendix 11 and elsewhere in this Agreement.

  • For the avoidance of doubt the Concessionaire shall not have the right and authority to mortgage, encumber or create, permit or allow the subsistence of any Security Interest whatsoever on the Project Site (including infrastructure built by NFDB for Stage I Facilities), or any part thereof, in favor of the Lenders or any person in any form, manner, device or method.

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