Grant of Permits. Upon the effectiveness of any sale of ---------------- Equipment subject to a Lease Supplement pursuant to the exercise of the Sale Option under the Lease, XXX shall xxxxx, assign and transfer to the Sale Option Purchaser sufficient rights to all Governmental Approvals which XXX now has or may hereafter acquire that are necessary or useful to the ownership, lease, operation, inspection, repair and replacement of each of the Systems and items of Equipment subject to such Lease Supplement that any time are, were or may become subject to the Lease or any other Operative Document.
Grant of Permits. National “competent authorities” grant greenhouse gas emission permits to installations, under Articles 5 and 6 of Directive 2003/87. These permits allow the installations to engage in one of the activities falling within the ETS’s scope56 and impose conditions of monitoring and reporting carbon dioxide emissions on installations. In addition, such permits include an obligation for the installation to surrender allowances equal to its total emissions in each calendar year, within four months of the end of that year.57 NAPs. Member States were obliged to draw up “National Allocation Plans” (NAPs) for Phases I and II in turn, which plans state the total quantity of allowances that the Member State intends to allocate from that period and how it proposes to allocate them. The plans “shall be based on objective and transparent criteria, including those listed in Annex III, taking due account 52 Point Carbon, The Carbon Market Analyst, September 2001, cited in Ellerman, Xxxxxxx and Xxxxxxx (eds.), ibid, at 3. 53 Only two sectors successfully lobbied against being included in the ETS: the chemicals and aluminium sectors. See Meckling, “Corporate Policy Preferences in the EU and US: Emissions Trading as the Climate Compromise?” 2 Carbon and Climate Law Review (2008) 171 for an interesting historical analysis of changes in corporate approaches to emissions trading. A major opponent to the introduction of trading schemes was the Global Climate Coalition, a business group from which many (US and EU) firms withdrew in around 1996- 1997.
Grant of Permits. If the Number of Permits is greater than zero, we grant to you, for the Term of this Agreement, that number of non-reserved permits (which may be traditional permits or Cloud Permits®) for the Parking Facility (the “Permits”), generally available for the use of your parkers during the Permit Availability, but subject to limitation if the Parking Facility is closed to the parking public for any reason, including without limitation during special events.
Grant of Permits
