Examples of POSCAN in a sentence
The Company, FCL, POSCAN and POSCO Klappan also entered into an Amendment to Exploration, Development and Mine Operating Joint Venture Agreement [“Amended Agreement”] to restructure the Arctos JV and share the proceeds from the sale of the Arctos coal licenses on an equal basis after purchasing the royalty held by the previous owner of the property.
The CRF can be downloaded from MFUI website i.e. www.mfuindia.com or can be obtained from MFUI POS.CAN is a single reference number for all investments in the Mutual Fund industry, for transacting in multiple Scheme of various Mutual Funds through MFU and to map existing investments, if any.MFU will map the existing folios of investors in various Scheme of Mutual Funds to the CAN to enable transacting across Scheme of Mutual Funds through MFU.
Should these crite- ria not be met by December 31, 2015, POSCAN can, in its sole discretion, require FCL to make a $16 million payment directly to POSCAN in lieu of the $80 million capital contribution, resulting in no change to each party’s respective ownership interests.
Under the terms of the Greenhills joint venture agreement, during the operational phase of the joint venture POSCAN is entitled to 20% of the coal produced from the Greenhills project.
Pursuant to the Agreement, in addition to $10 million of pro- ceeds paid to FCL and an upfront capital contribution of $20 million paid to the Arctos JV from POSCAN in the prior year, future proceeds of $17.2 million will be paid to FCL by POSCAN in five equal annual installments of $3.44 million beginning one year after the com- mencement of commercial production.
Following the closing POSCAN will hold 19.87% of the issued and outstanding common shares of the Company.
It could be enhanced, by providing that the Commission proactively provide the information via an searchable online portal.
Warranty terms & conditions are as detailed in the Oracle Drive Systems Limited Standard Conditions of Sale, copy available on request.
Pursuant to the joint venture agreement, Teck Coal has an 80% interest in the joint venture while POSCAN has a 20% interest.
Pursuant to a 2018 review of the joint venture agreement, on February 11, 2019, we agreed with POSCAN to substantially increase the royalty paid by it in respect of its 20% share of production.The Greenhills mine is located 8 kilometres northeast of the community of Elkford, in southeastern British Columbia.