OTEC definition

OTEC means ocean thermal energy conversion.
OTEC means “Ocean Thermal Energy Conversion,” a process that uses the heat energy stored in the Earth's oceans to generate electricity.
OTEC has the meaning ascribed to it in the preamble to this Agreement.

Examples of OTEC in a sentence

  • Ocean thermal energy: Introduction, closed-cycle, ocean thermal energy conversion (OTEC), open cycle OTEC, hybrid OTEC, schematic diagram and explanation.

  • In the table below, characterize the types of energy facilities in your coastal zone (e.g., oil and gas, Liquefied Natural Gas (LNG), wind, wave, Ocean Thermal Energy Conversion (OTEC), etc.) based on best available data.

  • OTEC shall pay all expenses, and any and all United States federal, state and local taxes and other charges, that may be payable in connection with the preparation, issuance and delivery of stock certificates pursuant to this Paragraph 1 in the name of the Holder or its assignee, transferee or designee.

  • OTEC shall at all times while this Warrant is outstanding and unexercised, maintain and reserve, free from preemptive rights, such number of authorized but unissued shares of Common Stock as may be necessary so that this Warrant may be exercised without any additional authorization of Common Stock after giving effect to all other options, warrants, convertible securities and other rights to acquire shares of Common Stock at the time outstanding.

  • OTEC covenants and warrants that such shares of Common Stock, when so issued, will be duly authorized, validly issued, fully paid and non-assessable, and free and clear of all liens and encumbrances.

  • Upon receipt by OTEC of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of this Warrant, if mutilated, OTEC will execute and deliver a new Warrant of like tenor and date.

  • Upon such presentation and surrender, OTEC shall issue promptly (and within one business day if reasonably requested by the Holder) to the Holder or its assignee, transferee or designee the number of shares of Common Stock to which the Holder is entitled hereunder.

  • This Warrant is exchangeable, without expense, at the option of the Holder, upon presentation and surrender hereof at the principal office of OTEC for other warrants of different denominations entitling the Holder to purchase, in the aggregate, the same number of shares of Common Stock issuable hereunder.

  • Upon receipt by OTEC of this Warrant, in proper form for exercise, the Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such exercise, notwithstanding that the stock transfer books of OTEC may then be closed or that certificates representing such shares of Common Stock shall not then be actually delivered to the Holder.

  • OTEC may make such increases in the number of shares of Common Stock issuable upon exercise of this Warrant, in addition to those required by this subparagraph (A), as shall be determined by its Board of Directors to be advisable in order to avoid taxation so far as practicable of any dividend of stock or stock rights or any event treated as such for federal income tax purposes to the recipients.

Related to OTEC

  • NPS means nominal pipe size.

  • Elan means Elan Corp and its Affiliates.

  • NB The obligation to complete, duly sign and submit this declaration cannot be transferred to an external authorized representative, auditor or any other third party acting on behalf of the bidder. I, the undersigned, (full names), do hereby declare, in my capacity as …………………………………………………..…….. of (name of bidder entity), that:

  • Catalyst means a substance whose presence enhances the reaction between chemical compounds.

  • Raptor means all birds of the orders Falconiformes and Strigiformes, commonly called falcons,

  • PMAX means the maximum generator real power output reported in MWs on a seasonal basis.

  • CIMA means the Cayman Islands Monetary Authority whose contact details are available from www.cima.ky;

  • Biofuel means liquid or gaseous fuel for transport produced from biomass;

  • biofuels means liquid or gaseous fuel for transport produced from biomass;

  • AEOI means one or more of the following, as the context requires:

  • ESMP or “Environmental and Social Management Plan” means with respect to each activity under the Project pursuant to which the ESMF requires it, a plan to be prepared by the Recipient pursuant to Section I.D.1 of Schedule 2 to this Agreement, in accordance with the provisions of the ESMF and approved by the Association, setting out measures to mitigate any adverse environmental and social impacts arising from such activities; and “ESMPs” means more than one ESMP.

  • CDC means Centers for Disease Control and Prevention.

  • SPI means the information categories listed at Tex. Bus. & Com. Code § 521.002(a)(2).

  • MSL means an altitude expressed in feet measured from Mean Sea Level.

  • SGM means a special general meeting held in accordance with the constitution of the Competition.

  • Shire means Shire of Augusta Margaret River

  • PubCo has the meaning set forth in the Preamble.

  • BCC means the Santa Fe County Board of County Commissioners

  • GFA means gross floor area;

  • EG means the Enforcement Guide;

  • CTI means CTI Logistics Limited (ABN 69 008 778 925) and/or any Affiliate of CTI Logistics Limited as the case may be, which performs all or any of the Services.

  • Halogen means one of the chemical elements chlorine, bromine or iodine.

  • CMBI means Chase Manhattan Bank International, an indirect wholly-owned subsidiary of Bank, located in Moscow, Russia, and any nominee companies appointed by it.

  • IMC means the symbol used to designate instrument meteorological conditions;

  • MTF means any multilateral trading facility as defined in the Markets in Financial Instruments Directive 2014/65/EU (MiFID II), as amended.

  • DPI means the North Carolina Department of Public Instruction.