OPTB definition

OPTB means Office des Postes et Telecommunications du Benin, a public enterprise established by the Borrower’s Law No. 59.32 of December 19, 1959, and "OPTB Statutes" means the Statutes of OPTB approved by the Borrower in accordance with the provisions of Section 6.01 (e) of this Agreement, as such statutes may be amended from time to time;
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Examples of OPTB in a sentence

  • In accordance with Clause 10.1.2.3 of the Agreement, O.P.T.B. hereby assigns the balance of the Pledged O.P.T.

  • OPTB shall: (a) carry on its operations and conduct its affairs in accordance with sound administrative, financial, commercial, engineering and public utility practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers; and (b) perform all its obligations under the Contrat de Programme with due diligence and efficiency.

  • The Borrower and the Association hereby agree that the obligations set forth in Sections 9.03, 9.04, 9.05, 9.06, 9.07 and 9.08 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) shall be carried out by OPTB pursuant to Section 2.03 of the Project Agreement.

  • On any Payment Date, any credit balance remaining on the Pledged Project Account after the amounts due and payable by the Borrower under the Agreement and the amounts due and payable for Titan Equipment financing have been debited (the "Distributable Revenues") shall be divided between the Borrower and O.P.T.B. as provided for in the allocation basis in the BCT Contract and attached hereto in APPENDIX 10.

  • Within this framework, O.P.T.B. was also led to issue an independent and autonomous first demand guaranty to guarantee the facility repayment obligations incumbent on Titan.

  • All notification or correspondence under the instant protocol shall be validly carried out by personal delivery against receipt, or by registered letter asking for an acknowledgement, or by fax to the following addresses : for the OPTB address of the head office and the postal address Commercial Zone “Ganhi”, 01 ▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ of Benin, addressed to the Managing Director, fax (00)-(229)-(31.75.55) (addressed to the Managing Director).

  • The Borrower and O.P.T.B. undertake to obtain from the Ministry of Finance of the Republic of Benin, with a copy to the International Agent, a letter assuring the Borrower that all necessary authorizations will be granted to permit the transfer outside Benin of funds used to pay ALCO under the Master Agreement.

  • The Parties agree that the amounts of Net Revenues credited to the Pledged Project Account shall be applied to repay or pay all amounts due by the Borrower in connection with the Agreement and all amounts due to Titan from O.P.T.B. in connection with the financing of the Titan Equipment.

  • OPTB, on the one hand and, on the other hand, Titan Corporation and Titan Africa have established the terms of a “protocole d’accord cadre concerning amicable modification of the contract of construction, co-operation and transfer of a telecommunications network concluded August 17, 1999” (the Protocole d’Accord).

  • OPTB shall: (a) prepare annual operating and capital expenditure budgets together with financial projections (including income statements, funds flow statements and balance sheets) covering at least the following next three fiscal years; and (b) furnish said budgets and projections to the Association for its review and comments not later than one month before the beginning of each of its fiscal years.

Related to OPTB

  • Commercializing means to engage in Commercialization and “Commercialized” has a corresponding meaning.

  • Radiopharmaceutical means any drug that exhibits spontaneous disintegration of unstable nuclei with the emission of nuclear particles or photons and includes any non-radioactive reagent kit or radionuclide generator that is intended to be used in the preparation of any such substance, but does not include drugs such as carbon-containing compounds or potassium-containing salts that include trace quantities of naturally occurring radionuclides. The term also includes any biological product that is labeled with a radionuclide or intended solely to be labeled with a radionuclide.

  • Cannabis means all parts of the plant Cannabis sativa Linnaeus, Cannabis indica, or Cannabis ruderalis, whether growing or not; the seeds thereof; the resin, whether crude or purified, extracted from any part of the plant; and every compound, manufacture, salt, derivative, mixture, or preparation of the plant, its seeds, or resin. “Cannabis” also means the separated resin, whether crude or purified, obtained from cannabis. “Cannabis” does not include the mature stalks of the plant, fiber produced from the stalks, oil or cake made from the seeds of the plant, any other compound, manufacture, salt, derivative, mixture, or preparation of the mature stalks (except the resin extracted therefrom), fiber, oil, or cake, or the sterilized seed of the plant which is incapable of germination. For the purpose of this division, “cannabis” does not mean “industrial hemp” as defined by Section 11018.5 of the Health and Safety Code. Cannabis and the term “marijuana” may be used interchangeably.

  • Commercialization or “Commercialize” means any and all activities undertaken at any time for a particular Licensed Product and that relate to the manufacturing, marketing, promoting, distributing, importing or exporting for sale, offering for sale, and selling of the Licensed Product, and interacting with Regulatory Authorities regarding the foregoing.

  • Repackager means a person who repackages.