PHSP definition
Examples of PHSP in a sentence
The Pre-Harvest Site Prescription (PHSP), or equivalent type of prescription integrates the ecology of the forest stand with both the harvest and the silviculture management objectives.
For purposes of this Sublicense Agreement, the parties hereto acknowledge and agree that the Sublicense shall include, without limitation, all rights, title and interest to the Public Health Service Patent License Agreement, dated May 25, 1995, between the Public Health Service and the National Institute of Health and BTP, in the form attached as Exhibit 1 CONFIDENTIAL TREATMENT REQUESTED hereto (the "PHSP License Agreement"), together with all rights, title and interests conveyed thereunder.
The Pre-Harvest Site Prescription (PHSP) or equivalent type of prescription integrates the ecology of the forest stand with both the harvest and the silviculture management objectives.
During the Operating Period, if the Developer is unable to provide supply of power to the Procurer(s) up to the Aggregate Contracted Capacity from the Power Station except due to a Force Majeure Event or due to Supplier Event of Default, the developer is free to supply power up to the Aggregated Contracted Capacity from an alternative generation source (only from PHSP project) to meet its obligation under this Agreement.
If for any month in a Contract Year, it is found that the PHSP Developer has not been able to achieve the target availablity of 100%, there shall be a penalty imposed on the PHSP developer.
The Company appoints the Agent to solicit applications for PHSP and insurance products that the Company will administer and to remit to the Company such money as the Agent shall from time to time collect on behalf of the Company.
The Performance Security is furnished to ESCOM in the form of four (4) Bank Guarantees/ Payment on Order Instrument, each having a value equivalent to 25% of the total Performance Security furnish able by PHSP, in favor of “Managing Director” of the ESCOM as per the format provided in Schedule 2 and having validity up to twelve (12) months from the Scheduled Commissioning Date.
Further the PHSP Developer shall furnish the monthly progress report of the project to PCKL.
Provided that the PHSP Developer shall not draw upon such Letter of Credit prior to the Due Date of the relevant Monthly Bill and/or Supplementary Bill, and shall not make more than one drawal in a Month.
Subject to the terms and conditions of this Agreement, the PHSP Developer undertakes to sell to ESCOM and ESCOM subject to Clause 5.6 below, undertakes to procure the entire Contracted Capacity supplied at the Delivery Point.