The Concession definition

The Concession means – the concession granted hereunder to GTI, including the sole and exclusive control and possession of the Pipelines, all the rights with respect to the Pipelines, the right to possess and use the assets of Transneft, excluding presently stored properties, which may be used by GTI.”
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The Concession means the concession granted to CWC under the Law, as amended from time to time.
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The Concession means the Exploitation Concession granted or to be granted in the name of the Parties hereto, in the event PETROMIN elects to acquire a share in the Concession and in default of which shall be granted in the name of Second Party.
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Examples of The Concession in a sentence

  • The Concession Company will enjoy the rights and be subject to the obligations under the con­ cession contract as a mining operator.

  • The Concession Agreement further provides that in the event the project cost with the designated return is not recovered at the end of 30 years, the concession period shall be extended by 2 years at a time until the project cost and the return thereon is recovered.

  • The Concession Agreement sets forth the detailed terms and conditions for grant of the concession to the Concessionaire, including the scope of the Concessionaire’s services and obligations (the “ Concession”).

  • The Concession Operation shall be limited to the structure(s) or area(s) now provided by the Department of Environmental Protection (“Department”) for concession purposes in the areas specifically designated by the Department (hereinafter referred to as the “Concession Premises”).

  • The Concession Fee paid by the Concessionaire to ULB shall be exclusive of Taxes and all Taxes shall be paid over and above the Concession Fee.

  • The Concession shall include Right of First Refusal in accordance with the terms and conditions in Clause 3.2.

  • The Concession Fee shall be paid based on the financial bid of the Selected Bidder and the conditions specified in this Agreement.

  • The Concession Fee for the first year will be Rs/- (Rupees only) determined by the financial bid of the Selected Bidder.

  • The Concession Fee will be escalated by Indexation Parameter every year.

  • The Concession Fee to be paid at the beginning ofthe year will be determined by using an escalation of five percent.


More Definitions of The Concession

The Concession means the operation of railway activities along the railway link between Dakar, Senegal and Bamako, Mali pursuant to the regulations defined in the Concession Agreement (as hereafter defined);
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The Concession means the concession granted to the Buyer under the Water (Production & Supply) Law, as amended from time to time.
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Related to The Concession

  • Concession means the granting of a license or right to act for or on behalf of the Board, or to provide a service requiring the approval or endorsement of the Board, and which may or may not involve a payment or exchange, or provision of services by or to the Board, provided that the term concession shall not include vending machines.

  • Concessions means assent to repayment of a debt on terms more favorable to an individual than the terms of the contract between the individual and a creditor.

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Licensing means any grant of rights to distribute the qualified motion picture, in whole or in part.

  • Leasing means the rental, leasing, or financing under operating leases, finance leases or hire purchase or rental agreements, of property (other than O&G Products and Services), whether real, personal, tangible or intangible.

  • servitude shall be deemed to include “easement”, (p) “priority” shall be deemed to include “prior claim”, (q) “survey” shall be deemed to include “certificate of location and plan”, (r) “fee simple title” shall be deemed to include “absolute ownership”, and (s) “forclosure” shall be deemed to include the “exercise of a hypothecary right”. The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any applicable law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en la langue anglaise seulement (sauf si une autre langue est requise en vertu d’une loi applicable).

  • Easement means an acquired legal right for the specific use of land owned by others.

  • Mineral means gas, oil, and coal; other gaseous, liquid, and solid hydrocarbons; oil shale; cement material; sand and gravel; road material; building stone; chemical raw material; gemstone; fissionable and nonfissionable ores; colloidal and other clays; steam and other geothermal resources; and any other substance defined as a mineral by a law of this state.

  • Prospecting means activities considered normal and reasonably necessary to retrieve samples of subsurface geologic sediments for the specific purpose of locating, mapping, and determining the quality and quantity of sedimentary strata or natural deposits.

  • Mining means the mining, extracting, producing, handling, milling or other processing of Products.

  • Concession Fee for a particular month shall mean the higher of the following:

  • Licences means conditional use of another party’s intellectual property rights.

  • licence means a licence granted under this Act;

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Mining Xxx 0000 means (unless the context otherwise requires) the Mining Xxx 0000 and the amendments thereto and the regulations made thereunder as in force on 31st December, 1981;

  • Exploitation means to make, have made, import, export, use, have used, sell, have sold, or offer for sale, including to Develop, Commercialize, register, modify, enhance, improve, Manufacture, have Manufactured, hold, or keep (whether for disposal or otherwise), or otherwise dispose of.

  • Petroleum Operations means, as the context may require, Exploration Operations, Development Operations or Production Operations or any combination of two or more of such operations, including construction, operation and maintenance of all necessary facilities, plugging and abandonment of Xxxxx, safety, environmental protection, transportation, storage, sale or disposition of Petroleum to the Delivery Point, Site Restoration and any or all other incidental operations or activities as may be necessary.

  • Reciprocal or "interinsurance exchange" means an unincorporated association of persons:

  • Licencee means any Person licensed under this By-law;

  • Oil and gas means petroleum, natural gas and other related hydrocarbons or minerals or any of them and all other substances produced or extracted in association therewith.

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • Easements has the meaning set forth in Section 2.1.3.

  • Motorboat means the same as that term is defined in Section 73-18-2.

  • Occupancy means the use or intended use of a building or part thereof for the shelter or support of persons, animals or property.

  • Agricultural land means land suitable for use in farming.