Local Content Plan definition

Local Content Plan means the plan setting out the programme of activities to be undertaken by the Licensee in relation to corporate social responsibility, and other activities in Articles 14 (Gambian Resources) and Article 15 (Employment and Training), which is submitted annually to the Government with the corresponding Work Programme and Budget.
Local Content Plan means a plan which is directed to discharging the Licence Holder's obligations under Article 65(1) and which complies with the requirements prescribed in the Regulations;
Local Content Plan means a yearly plan from period 1st January to 31st December, or part thereof for the first year as applicable, submitted by the Operator to the Minister within sixty (60) days prior to the beginning of each year and updated annually. It describes forward- looking Local Content objectives and related activities andprogramscoveringtheOperator’spetroleum-related work and activities in the block, sub-divided between different petroleum projects to enable identification of the project-specific estimated utilisation of Guyanese Persons, suppliers and sub-contractors, the training of Guyanese Persons, the capacity building of Guyanese Suppliers, and other capacity building initiatives to support the objectives of Government policy for Local Content in the petroleum sector.

Examples of Local Content Plan in a sentence

  • It is agreed that Transnet, the DTI, the South African Bureau of Standards and/or any of their appointed agents shall be entitled to monitor, evaluate and audit the Contractor’s compliance with its obligations under the Local Content Plan.

  • The penalties shall be imposed per milestone measurement for non-delivery of committed values in the case of a Local Content Plan or shall be imposed against the non-delivery of committed values where local content undertakings must be met immediately.

  • Such Non-compliance Penalties shall be calculated and levied at the relevant milestones as stipulated in the Local Content Plan or shall be imposed against the non-delivery of committed values where local content undertakings must be met immediately, in accordance with clause iv below.

  • Should DTI not provide the necessary exemption, the Supplier shall be obliged to meet each milestone target as stated in the Local Content Plan or the local content undertaking.

  • In order to guarantee that the Supplier meets its obligations in terms of the Local Content Plan or its committed local content undertaking, Transnet shall be entitled to retain a Non-compliance Penalty at the rate of 2% of every monthly payment due by Transnet to the Supplier over the contract period (“the Local Content Retention Amount”).

  • In order to guarantee that theContractor meets its obligations in terms of the Local Content Plan or its committed local content undertaking, the Employer shall be entitled to retain a Non-compliance Penalty at the rate of 1% of every monthly payment due by the Employer to the Contractor over the contract period (“the Local Content Retention Amount”).

  • It is agreed that theEmployer, the DTI, the South African Bureau of Standards and/or any of their appointed agents shall be entitled to monitor, evaluate and audit the Contractor’s compliance with its obligations under the Local Content Plan.

  • Should DTI not provide the necessary exemption, theContractor shall be obliged to meet each milestone target as stated in the Local Content Plan or the local content undertaking.

  • Delete reference to the Local Content Plan below if you are NOT dealing with a designated sector where local content obligations may be met over time.

  • In order to guarantee that theContractor meets its obligations in terms of the Local Content Plan or its committed local content undertaking, the Employer shall be entitled to retain a Non- compliance Penalty at the rate of 1% of every monthly payment due by the Employer to the Contractor over the contract period (“the Local Content Retention Amount”).


More Definitions of Local Content Plan

Local Content Plan means a master plan from the entire life cycle of any major project, operations stage or undertaking at any point along the value chain. The duration of this plan may be for the entire life of a project, such as a Field Development Plan, or specified period of operation, say 5 or 10 years, as approved in a Production or similar Licence. Such a plan will include a Supply Chain Management Strategy that will describe forward-looking local content objectives and related schedules, activities and programs, and quantifiable targets, including:

Related to Local Content Plan

  • Local content means that portion of the bidding price which is not included in the imported content provided that local manufacture does take place.

  • Terms of Use means any privacy policy, terms of use or other terms and conditions made applicable by BNYM in connection with the Company’s or a Permitted User’s access to and use of a Component System or a BNYM Web Application or other access site or access method.

  • Statement of Work means the description of activities performed in completing the Project, as specified in the Contract and as may be amended.

  • End User Agreement means any agreement that Eligible Users are required to sign in order to participate in this Contract, including an end user agreement, customer agreement, memorandum of understanding, statement of work, lease agreement, service level agreement, or any other named separate agreement.

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • Metadata includes all information created manually or automatically to provide meaning or context to other data.

  • Core Curriculum Content Standards means the New Jersey Student Learning Standards.

  • Local Service Ordering Guide or "LSOG" is a document developed by the OBF to establish industry-wide ordering and Billing processes for ordering local services.

  • UNICEF Supply Website means UNICEF's public access webpage available athttp://www.unicef.org/supply/index_procurement_policies.html, as may be updated from time to time.

  • Research record means any data, document, computer file, computer diskette, or any other written or non-written account or object that reasonably may be expected to provide evidence or information regarding the proposed, conducted, or reported research that constitutes the subject of an allegation of research misconduct. A research record includes, but is not limited to, grant or contract applications, whether funded or unfunded; grant or contract progress and other reports; laboratory notebooks; notes; correspondence; videos; photographs; X-ray film; slides; biological materials; computer files and printouts; manuscripts and publications; equipment use logs; laboratory procurement records; animal facility records; human and animal subject protocols; consent forms; medical charts; and patient research files.

  • Service List means the list of persons designated by the hearing officer or Clerk in a regulatory or adjudicatory proceeding upon whom parties or participants must serve motions, prefiled questions and prefiled testimony and any other documents that the parties or participants file with the Clerk unless the hearing officer otherwise directs. (See definition of "notice list" in this Section.) (See also 35 Ill. Adm. Code 102.422.)

  • Civil Aeronautical Product means any civil aircraft, aircraft engine, or propeller or subassembly, appliance, material, part, or component to be installed thereon.

  • Promotional Material means any communication that relates to the Company or its services made to or directed at, or that relates in any way to the solicitation of a Prospective Customer or a transaction in an Existing Customer’s trading account. Promotional Material includes, but is not limited to, published written texts, training materials, advertisements, market analysis, research reports, correspondence to Existing Customers or Prospective Customers, newsletters and generally anything written that assists in the solicitation process.

  • Service documentation means all records and information on one or more documents, including documents that may be created or maintained in electronic software programs, created and maintained contemporaneously with the delivery of services, and kept in a manner as to fully disclose the nature and extent of services delivered that shall include the items delineated in paragraph (E) of this rule to validate payment for medicaid services.

  • Licensed Marks means the Localized Game Marks and such other trademarks expressly authorized in writing by Shengqu to be used by the Licensees.

  • Advertising Materials means any advertising, marketing, merchandising, promotional, public relations (including press releases) and display materials relating to or concerning the Licensed Products, or any other advertising, merchandising, promotional, public relations (including press releases) and display materials depicting any of the Licensed Trademarks.

  • Cloud Service Order Form means all written order forms or other ordering documentation for Cloud Services entered into by SAP, or a SAP SE Affiliate or a reseller of SAP SE or an SAP SE Affiliate, and Prime Contractor.

  • Online Services Terms means the additional terms that apply to Customer’s use of Online Services published on the Licensing Site and updated from time to time.

  • Promotional Materials means the core written, printed, video or graphic advertising, promotional, educational and communication materials (other than Collaboration Product labeling) for marketing, advertising and promotion of the Collaboration Products.

  • Customer Content means all software, data (including personal data), information, text, images, audio, video, photographs, non-AVEVA or third-party applications, and other content and material, in any format, provided by Customer, any of Customer’s users, or on behalf of Customer that is stored in, or run on or through, the Products and Support Services.

  • Common Channel Signaling (CCS means an out-of-band, packet-switched, signaling network used to transport supervision signals, control signals, and data messages. It is a special network, fully separate from the transmission path of the public switched network. Unless otherwise agreed by the Parties, the CCS protocol used by the Parties shall be SS7.

  • Supplier Materials has the meaning set out in clause 8.1(g);

  • Provider Platform Application means an application or a set of related functionality deployed on a Platform Cloud Service, created by Provider using the Tools to run on or with the Platform Cloud Service for access by End Users.

  • Software License Agreement means the particular Software License Agreement to which these Terms and Conditions are attached and incorporated into by reference.

  • Supplier Agreement means this overarching agreement, consisting of these terms and conditions and any schedules to them, setting out the arrangements for management of the DPS, the process to apply when a Customer wishes to award Service Agreements via the DPS and the terms and conditions applicable to the carrying out of Service Agreements;

  • Clinical categories means the groups into which hospital treatments are categorised by type, e.g., brain and nervous system, kidney and bladder, and digestive system. At the time of writing there were 38 categories in the Medicare clinical categories system.