Grant of Tenure Sample Clauses

Grant of Tenure. (1) On application made by the Company to the Minister in such manner as the Minister may determine, not later than 3 months after all its proposals submitted pursuant to clause 11(1) have been approved or deemed to be approved and the Company has complied with the provisions of clause 11(5), the State, notwithstanding the Mining Act, shall cause to be granted to the Company:
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Grant of Tenure. (6) (a) On application made by the Company to the Minister in such manner as the Minister may determine, not later than 3 months after all its proposals submitted pursuant to subclause (4)(a) have been approved or deemed to be approved and the Company has complied with the provisions of subclause (4)(e), the State notwithstanding the Mining Xxx 0000 shall cause to be granted to the Company:
Grant of Tenure. Subclause (1) Details procedures for the grant of the Special Railway Licence and initial Lateral Access Road Licences. The forms of those licences are set out in Schedules 2 and 3 to the Agreement. Subclause (2) Details the procedure for the grant of Lateral Access Road Licences for the construction of an SRL Railway spur line. The form of that licence is set out in Schedule 4 to the Agreement. Subclause (3) and (4) Sets the term for the Special Railway Licence at 20 years from grant with the right as provided in the Agreement for the Company to take 2 successive renewals each of 10 years, and of any Lateral Access Road Licences at 5 years from grant. Subclause (5) Prohibits the surrender of the Special Railway Licence or any Lateral Access Road Licence or any parts thereof (except as required by the terms thereof) without the prior consent of the Minister.
Grant of Tenure. The Lessor hereby leases the Premises to the Lessee and the Lessee accepts the lease of the Premises, for the Term, from the Commencement Date, at the Annual Rent and on the terms hereinafter set out.

Related to Grant of Tenure

  • Grant of Rights The Company hereby grants registration rights to the Designated Holders upon the terms and conditions set forth in this Agreement.

  • Grant of Right In addition to the demand right of registration described in Section 5.1 hereof, the Holder shall have the right, for a period of no more than two (2) years from the Initial Exercise Date in accordance with FINRA Rule 5110(g)(8)(D), to include the Registrable Securities as part of any other registration of securities filed by the Company (other than in connection with a transaction contemplated by Rule 145(a) promulgated under the Securities Act or pursuant to Form S-8 or any equivalent form); provided, however, that if, solely in connection with any primary underwritten public offering for the account of the Company, the managing underwriter(s) thereof shall, in its reasonable discretion, impose a limitation on the number of Shares which may be included in the Registration Statement because, in such underwriter(s)’ judgment, marketing or other factors dictate such limitation is necessary to facilitate public distribution, then the Company shall be obligated to include in such Registration Statement only such limited portion of the Registrable Securities with respect to which the Holder requested inclusion hereunder as the underwriter shall reasonably permit. Any exclusion of Registrable Securities shall be made pro rata among the Holders seeking to include Registrable Securities in proportion to the number of Registrable Securities sought to be included by such Holders; provided, however, that the Company shall not exclude any Registrable Securities unless the Company has first excluded all outstanding securities, the holders of which are not entitled to inclusion of such securities in such Registration Statement or are not entitled to pro rata inclusion with the Registrable Securities.

  • Grant of Stock Option The Company grants to Employee the right and option (hereinafter referred to as the "Option") to purchase all or any part of up to ________ shares of the Company's Common Stock (the "Option Shares") on the terms and conditions set forth below and in the Plan.

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