Licenses for Private Activity; Exploitation of Resources Sample Clauses

Licenses for Private Activity; Exploitation of Resources. The States Parties agree to authorize the Agency to issue licenses to non-governmental entities (“NGE”) for the priority exploitation of resources. Exploitation of resources shall include but is not limited to: (a) the extraction of materials, (b) the use of a location for any other commercial activity [e.g., tourism, solar farms], and (c) the use of a location for noncommercial private activity [e.g., science, settlements]. Licenses shall describe the nature, extent, and duration of the activity and shall maximize free access for all in accordance with Article I of the Treaty On Principles Governing The Activities Of States In The Exploration And Use Of Outer Space, Including The Moon And Other Celestial Bodies (“Outer Space Treaty”). Activity by governments is authorized under Treaty Articles 8 and 9.
Sample 1
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Licenses for Private Activity; Exploitation of Resources. The Agency shall be authorized to issue licenses to non-governmental entities (“NGE”) for the priority exploitation of resources. Exploitation of resources shall include but is not limited to: (a) the extraction of materials, (b) the use of a location for any other commercial activity (e.g., tourism), and (c) the use of a location for noncommercial private activity (e.g., science, settlements). Licenses shall describe the extent, duration, and nature of the activity and shall maximize access for all in accordance with Treaty Article 8. Activity by governments is authorized under Treaty Articles 8 and 9.
Sample 1

Related to Licenses for Private Activity; Exploitation of Resources

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