CROWN GRANT Sample Clauses

CROWN GRANT. Upon the Project Completion, or at such earlier time as the Minister considers appropriate, and subject to payment to the State of $200,000.00 and of all other usual and applicable fees the State shall cause to be issued to and in the name of the Joint Venturers as tenants in common in equal shares a Crown Grant of the Johnsmith Road Reserve subject to the exceptions reservations and conditions usual in Crown Grants but otherwise free from encumbrances.
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CROWN GRANT. Subject to section 6.1.1, subsisting conditions, provisos, restrictions, exceptions and reservations, including royalties, contained in the original grant or contained in any other grant or disposition from the Crown;
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CROWN GRANT. From the early 1800s to 1865, Crown Grants were the major means of allocating Crown timber. A Crown Grant is the legal instrument by which ownership of Crown land is transferred to private ownership. Timber Licence (TL) TLs were implemented in 1979 under the Forest Act to replace an array of “old temporary tenures.” TLs convey exclusive rights to harvest merchantable timber (“trees that were 75 years old on Jan. 1, 1975”) from a specified area of Crown land. TLs that are part of a tree farm licence (TFL) are managed in accordance with the approved TFL management plan. For TLs not in a TFL, the licensee is responsible for protection, operational planning, road building, and reforestation. When a TL expires (after harvest and reforestation), the TL area either remains within the TFL or is added to a timber supply area (TSA). Tree Farm Licence (TFL) TFLs convey the nearly exclusive right to manage forests and to harvest an allowable annual cut (AAC) of Crown timber from the licence area, which may be comprised of private and Crown lands. TFLs carry the greatest management responsibilities, including protection, maintaining resource inventories, strategic and operational planning, road building, and reforestation. Most TFLs require the licensee to maintain a manufacturing facility. Licensees must use logging contractors for part of the volume harvested during a calendar year. TFLs have a term not exceeding 25 years and are replaceable every 5 years. Woodlot Licence (WL) WLs are similar to TFLs in composition (private and Crown land), exclusive rights (to manage forests and to harvest an AAC), and responsibilities (protection, management plan, reforestation). In view of their smaller size—400 ha Crown land on the coast, 600 ha in the interior—WLs have streamlined planning, cut control, and operational requirements. WLs are issued to individuals, native bands, and small corporations. WLs have a term not exceeding 20 years and are replaceable every 10 years. Timber Sale Licence (TSL) The “major licence” form of the TSL, with an AAC >10 000 m3, conveys the right to annually harvest timber within a TSA, under cutting permits. The licensee is responsible for protection, planning, and reforestation activities. Major TSLs have a term not exceeding 10 years and most are replaceable on expiry. Pulpwood Agreement (PA) A PA grants a conditional right to harvest “pulp-quality timber” if the holder is unable to obtain sufficient suitable, reasonably priced furnish for its m...
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Related to CROWN GRANT

  • the Grant Recipient (a) possesses or will possess a Secure Legal Interest in the Site;

  • Grant of Option The Corporation hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Grant Notice. The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the Exercise Price.

  • License Grant and Restrictions You are granted a personal, limited, non-exclusive, non-transferable license, to electronically access and use the FinanceWorks Service (the “Service”) solely to manage your financial data, and the purchase rewards application (“Debit Rewards Offers”) to benefit from your debit card purchases. In addition to the FinanceWorks Service and the Debit Rewards Offers, the terms "Service" and “Debit Rewards Offers” also include any other programs, tools, internet-based services, components and any "updates" (for example, Service maintenance, Debit Rewards information, help content, bug fixes, or maintenance releases, etc.) of the Service or Debit Rewards Offers if and when they are made available to you by us or by our third party vendors. Certain Service and Debit Rewards Offers may be accompanied by, and will be subject to, additional terms and conditions. You are not licensed or permitted to do any of the following and you may not allow any third party to do any of the following: (i) access or attempt to access any other systems, programs or data that are not made available for public use; (ii) copy, reproduce, republish, upload, post, transmit, resell or distribute in any way the material from the FinanceWorks site or from the Debit Rewards Offers program; (iii) permit any third party to benefit from the use or functionality of the Service or Debit Rewards Offers, or any other services provided in connection with them, via a rental, lease, timesharing, service bureau, or other arrangement; (iv) transfer any of the rights granted to you under this license; (v) work around any technical limitations in the Service, use any tool to enable features or functionalities that are otherwise disabled in the Service, or decompile, disassemble, or otherwise reverse engineer the Service except as otherwise permitted by applicable law; (vi) perform or attempt to perform any actions that would interfere with the proper working of the Service or Debit Rewards Offers or any services provided in connection with them, prevent access to or the use of the Service, Debit Rewards Offers or any or services provided in connection with them by other licensees or customers, or impose an unreasonable or disproportionately large load on the infrastructure while using the Service; or (vii) otherwise use the Service, Debit Rewards Offers or any services provided in connection with them except as expressly allowed under this Section 1.

  • Letter of Award Prior to the expiry of the Tender Validity Period and upon expiry of the Standstill Period specified in ITT 42, upon addressing a complaint that has been filed within the Standstill Period, the Procuring Entity shall transmit the Letter of Award to the successful Tenderer. The letter of award shall request the successful tenderer to furnish the Performance Security within 21days of the date of the letter.

  • The Grant Section 2.01. The Association agrees to make available to the Recipient, on the terms and conditions set forth or referred to in this Agreement, an amount in various currencies equivalent to two million seven hundred thousand Special Drawing Rights (SDR 2,700,000).

  • Licence Grant If you use our software as part of using our Services then we and our licensors grant you a licence that is personal to you only, which is limited, non- exclusive, revocable, non-transferable and without the right to sub-licence. A “licence” is legal way in which we are able to grant you the right to use something for a specific and limited – in this context we use to describe how we grant you the right to use the Service (including its software). You are permitted to use the software provided by us for use solely for the purposes of availing of our Services pursuant to this Agreement and for no other purpose whatsoever. Unless expressly granted by us in this Agreement, nothing in this Agreement shall be interpreted as granting you a licence to use any of our software or other intellectual property rights for any other purposes.

  • Grant Agreement) This represents the status at the time of signature of this Consortium Agreement.

  • Award Award shall be made on an all-or-none total estimated bid basis to the lowest responsive and responsible Bidder.

  • Subaward i. This term means a legal instrument to provide support for the performance of any portion of the substantive project or program for which you received this award and that you as the recipient award to an eligible subrecipient.

  • Notification of Award 2.28.1 Prior to the expiration of the period of tender validity, the Procuring entity will notify the successful tenderer in writing that its tender has been accepted.

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