CONTINENTAL SHELF Sample Clauses

CONTINENTAL SHELF. An underwater landmass which extends from a continent, resulting in an area of relatively shallow water.
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CONTINENTAL SHELF. In the 1958 decree, Egypt claimed the continental shelf to width of 200 miles instead of the 1956 Bill of the Sea, this has not yet been updated ratification of the United Nations Convention on the Law of the Sea, mainly because of the Declaration of ratification in 1983, Egypt has recognized that economic waters 200 Nautical miles, which implicitly claims the continental shelf for the same width. As described by Xxxxxx & Xxxxx (2010), "UNCLOS contains provisions for States to claim a continental shelf of 200 nautical miles from the baseline."
CONTINENTAL SHELF. CS as a concept emerged in 1945 with the US President Xxxxxx’x Proclamation109. The executive purpose of the Proclamation was the extending the US’s jurisdictional right over the submerged extension of the CS with the interest of the seabed and the subsoil. Following US, States in the South America have also claimed CSs with differing breadths110. With the increasing interest to the CS and the extensive claims of CS overlapping claims were made by the States resulting in new maritime boundary delimitation disputes. The definition and international regulation of the CS is taken into consideration on UNCLOS I in 1958 and at the end of the conferences the “Convention on the Continental Shelf” entered into force in 1964. Article 1 of the Convention describes CS as follows111: “For the purpose of these articles, the term ‘continental shelf’ is used as referring (a) to the seabed and subsoil of the submarine areas adjacent to the coast but outside the area of the territorial sea, to a depth of 200 meters or, beyond that limit, to where the depth of the superjacent waters admits of the exploitation of the 106 Ibid. Article 33(1)(a). 107 Xxxxxxxxx, X.: Theory and History of Ocean Boundary-Making, XxXxxx-Xxxxx'x University Press, 1988 Montreal, p. 227. 108 Xxxxxx, “Interim Measures”, 358. 109 See footnote 7, the Xxxxxx Proclamation. 110 Kingston, 103. 111 Convention on the Continental Shelf, 2. natural resources of the said areas; (b) to the seabed and subsoil of similar submarine areas adjacent to the coasts of islands.” The CS is the inherent right of the coastal States and considered as the natural prolongation of the State thorough the understanding of being natural continuation of the continent where the coastal State112. Therefore, the definition in the UNCLOS I was built upon the geographical description of the CS and was more advantageous for the oceanic States. Also, in Article 1 of the UNCLOS I the sovereign rights over the CS were limited to the natural resources on the seabed and under the subsoil. The CS does not include the water column above it as well as the superjacent air space113.
CONTINENTAL SHELF the area of seabed around a large land mass where the sea is relatively shallow compared with the open ocean. The continental shelf is geologically part of the continental crust. As the platform shall be designed with both above and under water facilities and equipment in mind, the choice of zone boils down to either a country’s territorial waters or on the high seas.  Political climate The political climate is the aggregate mood and opinions of a political society, which is generally regarded as either changing (unstable) or in equilibrium (stable). Only locations in countries with a stable political climate are considered.  Seismic / Volcanic activity Zones where seismic or volcanic activity resulting in possible tsunamis or in other ways interfering with the day-to- day activities of the platform should be avoided unless these calamities can be quickly and safely mitigated. Only locations in countries with a low or no risk of seismic and volcanic activities are considered.

Related to CONTINENTAL SHELF

  • Principal Place of Business; State of Organization Borrower will not cause or permit any change to be made in its name, identity (including its trade name or names), place of organization or formation (as set forth in Section 4.1.36 hereof) or Borrower’s corporate or partnership or other structure unless Borrower shall have first notified Lender in writing of such change at least thirty (30) days prior to the effective date of such change, and shall have first taken all action required by Lender for the purpose of perfecting or protecting the lien and security interests of Lender pursuant to this Agreement, and the other Loan Documents and, in the case of a change in Borrower’s structure, without first obtaining the prior written consent of Lender, which consent may given or denied in Lender’s sole discretion. Upon Lender’s request, Borrower shall, at Borrower’s sole cost and expense, execute and deliver additional security agreements and other instruments which may be necessary to effectively evidence or perfect Lender’s security interest in the Property as a result of such change of principal place of business or place of organization. Borrower’s principal place of business and chief executive office, and the place where Borrower keeps its books and records, including recorded data of any kind or nature, regardless of the medium or recording, including software, writings, plans, specifications and schematics, has been for the preceding four months (or, if less, the entire period of the existence of Borrower) and will continue to be the address of Borrower set forth at the introductory paragraph of this Agreement (unless Borrower notifies Lender in writing at least thirty (30) days prior to the date of such change). Borrower shall promptly notify Lender of any change in its organizational identification number. If Borrower does not now have an organizational identification number and later obtains one, Borrower promptly shall notify Lender of such organizational identification number.

  • Principal Place of Business The principal place of business of the Company shall be 0000 Xxxxxx Xxxxxxx, Xxxxxxxx Xxxx, Xxxxxx, 00000. The Manager may relocate the principal place of business or establish additional offices from time to time.

  • Orlando, FL; Ft Lauderdale, FL; Charlotte-Gastonia-Rock Hill, NC; Greensboro-Winston Salem-High Point, NC; Nashville, TN; and New Orleans, LA, and BellSouth has provided non- discriminatory cost based access to the Enhanced Extended Link (EEL) throughout Density Zone 1 as determined by NECA Tariff No. 4 as in effect on January 1, 1999.

  • Office of the Delaware Trustee; Principal Place of Business The address of the Delaware Trustee in the State of Delaware is E.A. Delle Donne Corporate Center, Xxxxxxxxxx Bldg., 0000 Xxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxx, Xxxxxxxx 00000-0000, or such other address in the State of Delaware as the Delaware Trustee may designate by written notice to the Holders and the Depositor. The principal executive office of the Issuer Trust is in care of KeyCorp, 000 Xxxxxx Xxxxxx, Xxxxxxxxx, Xxxx 00000-0000, Attn: Corporate Treasury.

  • Increasing Seat Belt Use in the United States E.O. 13043, amended by E.O. 13652, requires Recipients to encourage employees and contractors to enforce on-the-job seat belt policies and programs when operating company- owned, rented or personally-owned vehicle.

  • The First Closing Date Delivery of certificates for the Firm Shares to be purchased by the Underwriters and payment therefor shall be made at the offices of Xxxxxxxxx & Xxxxxxx LLP (or such other place as may be agreed to by the Company and the Representatives) at 9:00 a.m. New York City time, on [•], or such other time and date not later than 1:30 p.m. New York City time, on [•] as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “First Closing Date”). The Company hereby acknowledges that circumstances under which the Representatives may provide notice to postpone the First Closing Date as originally scheduled include, but are not limited to, any determination by the Company or the Representatives to recirculate to the public copies of an amended or supplemented Prospectus or a delay as contemplated by the provisions of Section 11.

  • Registration Statement Effective The Registration Statement shall have become effective and shall be available for the sale of all Placement Shares contemplated to be issued by any Placement Notice.

  • Effective September 1, 2022, teacher instructional time will be capped at 916 hours per school year commencing the 2022-23

  • Name and Principal Place of Business The name of the Company shall be [NAME OF COMPANY], LLC with a principal place of business located at [PRINCIPAL PLACE OF BUSINESS] or at any other such place of business that the Member(s) shall determine.

  • Xxxxx, Haldimand, Norfolk An employee shall be granted five working days bereavement leave with pay upon the death of the employee’s spouse, child, stepchild, parent, stepparent, legal guardian, grandchild or step-grandchild.

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