Usufruct Agreement definition
Examples of Usufruct Agreement in a sentence
Usufruct Agreement - On March 1, 2018, EPMSA and Quiport renewed the usufruct contract for certain goods used in the operation, maintenance and service for accidents, fire and rescue at the new airport.
The term loans are secured by a commercial mortgage over the Company’s assets and a legal mortgage over the Company’s rights, title and interest in the Usufruct Agreement dated 11 February 2013.
Upon the end of said thirty-year (30) term, The Parties may negotiate and agree the terms and conditions of a new Usufruct Agreement which shall be subject to the same registration formalities as this Agreement.
PDVSA-PG and Buyer have executed as of the date hereof a Shore Site Usufruct Agreement (the “Shore Site Usufruct Agreement”) in the form attached hereto as Annex C, pursuant to which PDVSA-PG grants at no cost to Buyer usufruct rights to the Shore Site.
Project Agreements 1 this Agreement; 2 the Cost Sharing Agreement; 3 the Network Connection Contract; 4 the Usufruct Agreement; 5 the PPA Direct Agreement; 6 the NCC and CSA Direct Agreement; 7 the UA and CSA Direct Agreement; 8 the Financing Documents; 9 the EPC Contract; 10 the Operation and Maintenance Contract; Term Meaning 11 the Major Equipment Subcontracts; and 12 any other agreement that the Parties may agree are Project Agreements from time to time.
In accordance with Section 1.1.3 of the Usufruct Agreement, the nue-propriete of [Number] Transfer Shares reverts, as of the date of the day preceding the death of the Former Holder, to [Name, address of Usufruitier] as Usufruitier of such [Number] Transfer Shares, and Publicis is hereby instructed to inscribe the pleine propriete of such Transfer Shares in the name of [Usufruitier].
PG and THE HOLDER OF THE USUFRUCT agree to enter into this Usufruct Agreement, hereinafter referred to as the “Agreement”, which shall be governed by the following clauses: FIRST: PDVSA-PG gratuitously grants THE HOLDER OF THE USUFRUCT the in rem right of Usufruct on The Site..
Through the support and cooperation of POGC, FXEN (through Polish subsidiaries) has acquired certain rights to explore for and exploit natural gas and oil in the Pomeranian region of northwest Poland, under the FX Usufruct (as defined in this Agreement) pursuant to a Mining Usufruct Agreement.
After submission of the final feasibility plan, which shall be subject to approval by FOMICRUZ S.E. within a maximum period of ninety (90) days after its submission, CCSA shall have a period of up to forty-five (45) days from the date of notification by FOMICRUZ S.E. to take up the option of exploitation, and if this option is taken up within sixty (60) days thereafter the Usufruct Agreement shall be signed and the Corporation shall be incorporated pursuant to Clause 17 herein.
Upon the receipt of the DICJ’s approval and execution of the 2013 Profit Transfer Agreement, the Usufruct Agreement, the POA and the Promissory Transfer Agreement, the Target will be entitled to the entirety of the economic benefits of Eight Elements, including but not limited to the net profit deriving from the Business.