PRMA definition

PRMA shall have the meaning ascribed in the preamble.
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PRMA means the Public Records Management Act.
Sample 1Sample 2
PRMA means Primadonna Resorts, Inc., a Nevada corporation.
Sample 1

Examples of PRMA in a sentence

  • Utilisation of the ABFA by the priority areas was in line with the provisions of the PRMA.

  • According to the Petroleum Revenue Management Act (PRMA), ACT 815, the GRA is mandated to assess, collect and account for all petroleum revenues.

  • An allocation of US$9.39 million was made to GIIF from this amount, in line with the PRMA, as amended, and the GIIF Act, bringing the total allocation to GIIF for the period to US$49.20 million.

  • The receipt of the proceeds from these and other sources of petroleum revenue is regulated by the PRMA, as amended.

  • Such a situation is likely to significantly increase trade flows into the EU and competitive pressure on the EU PRM industry and also decrease the quality of PRM.A diversity of operators, especially SME and micro-entities active in niche markets, are bound to benefit from the increased freedom to act.

  • The PRMA establishes the PHF as a designated Public Fund to receive all petroleum receipts, as defined in the Law, and provides the framework for the collection, allocation and management of the petroleum funds.

  • The Petroleum Revenue Management Act (PRMA), passed in 2011, spells out how revenues from oil and gas should be spent and includes transparency provisions for reporting by government agencies, as well as an independent oversight group, the Public Interest and Accountability Committee (PIAC).

  • Any late payments should attract interest as stipulated by section 3(4) of the PRMA.

  • The PRMA requires that not more than 70 percent of Government’s net petroleum receipts is designated as ABFA and not less than 30 percent designated as GPFs. Out of the amount transferred into the GPFs, the GHF receives not less than 30 percent, with the rest transferred into the GSF.

  • The ABFA allocations were made in line with Section 21(4) of the PRMA, which requires that at least 70.0 percent of ABFA is used to fund public investment expenditures.


More Definitions of PRMA

PRMA has the meaning specified in the recitals hereto.
Sample 1
PRMA shall have the meaning set forth in Section 4.9(e).
Sample 1

Related to PRMA

  • Sellers has the meaning set forth in the preamble.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Principal’s Representative means the person nominated by the Principal or other person from time to time appointed in writing by the Principal to act as the Principal’s Representative for the purposes of the Contract.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Seller has the meaning set forth in the Preamble.

  • Buyer’s Representatives has the meaning set forth in Section 6.02.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • RMC shall have the meaning provided in Section 3.2.

  • Seller Parent has the meaning set forth in the Preamble.

  • Acquired Entities means the Company and the Acquired Subsidiaries.

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered included in Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • The Owner/Company/BPCL means the Bharat Petroleum Corporation Limited, incorporated in India having its registered office at 4 & 6, Currimbhoy Road, Ballard Estate, Mumbai - 400 038 or their successors or assigns

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • BG means Bank Guarantee

  • Sellers Disclosure Schedule means the disclosure schedule delivered by the Sellers to the Purchaser on the date hereof.

  • Target Companies means the Target and its Subsidiaries.

  • Company Representatives shall have the meaning set forth in Section 6.5(a).

  • Air kerma means kerma in a given mass of air. The unit used to measure the quantity of air kerma is the Gray (Gy). For X-rays with energies less than 300 kiloelectronvolts (keV), 1 Gray of absorbed dose is delivered by 114 roentgens (R) of exposure.

  • Locational UCAP Seller means a Member that sells Locational UCAP.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Contributors has the meaning set forth in the initial paragraph hereof.

  • Buyer Representatives shall have the meaning set forth in Section 6.4(a).

  • SLDC means the State Load Dispatch Center as notified by the State Government.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.