YLB definition

YLB means state-owned entity called “Yacimientos de Litio Bolivianos” (Bolivian Deposits of Lithium) established by Bolivian Law 928 under the guardianship of the Ministry of Energy which is appointed by the Government to organize and carry out the activities of the entire lithium production chain: prospecting, exploration, exploitation, profit or concentration, installation, implementation, commissioning, operation and management of evaporitic resources, inorganic chemistry complexes, industrialization and commercialization.
View Source

Examples of YLB in a sentence

  • The final 2024 bonus Team Factor and Individual Factor will be determined by the Compensation Committee of the Board of Directors of the Company in January 2025, and any bonus (prorated for 2024) under the YLB program will be payable at the same time bonuses are paid to other YLB participants.

  • Tenant shall permit Landlord or Landlord=s agents to enter upon the Premises at reasonable times and upon reasonable notice, for the purpose of inspecting the same, and will permit Landlord at any time within sixty (60) days prior to the expirations of this Lease, to place upon the Premises any usual ATo Let@ or AFor Lease@ signs, and permit persons desiring to lease the same to inspect the Premises thereafter.

  • The purpose of the Partnership will be to negotiate with YLB to define and receive licenses and permissions sufficient to enable JVCo to mine and to extract and refine lithium from current and future operations in Bolivia profitably.

  • For the avoidance of doubt, you will not be eligible for the 2024 YLB.

  • Under this Agreement, you are eligible to participate in the YLB program at a target bonus rate of 45% of base salary for the period of August 1, 2023 to December 31, 2023, with the actual bonus to be determined by the Compensation Committee of the Board of Directors (the “Board”) of the Company, and any bonus under the YLB program will be payable at the same time bonuses are paid to other YLB participants..

  • The final 2023 bonus Team Factor and Individual Factor will be determined by the Compensation Committee of the Board of Directors of the Company in January 2024, and any bonus under the YLB program will be payable at the same time bonuses are paid to other YLB participants.

  • This phase will finish following successful demonstration of the iTDE Technology arranged by the Partners before representatives from YLB, that leads to an understanding with YLB of the terms under which the Partnership shall deploy the Bolivian Pilot Plant in Bolivia as part of the second phase.

  • For the Period, you are eligible to participate in the YLB program at a target bonus rate of 30% of base pay.

  • As an inducement to YLB (or third parties) to conclude the Exploitation Agreement, the Partners may agree to grant YLB (or the third parties) an equity interest in JVCo, diluting their interests equally.