Decision to Proceed definition

Decision to Proceed means a decision to enter into a binding agreement or arrangement to exploit land by any of the following: (a) selling; (b) leasing, licensing or otherwise granting a third party a right or interest to occupy or possess; (c) mortgaging, charging or otherwise granting any security or preferential interest of any kind; and (d) erecting one or more buildings or improvements, or renovating existing buildings or improvements, the aggregate cost of which in a financial year exceeds $500,000 (indexed annually in accordance with the Consumer Price Index);
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Decision to Proceed has the meaning given in the Noongar Boodja
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Decision to Proceed has the meaning given in clause 6.2(b).
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Examples of Decision to Proceed in a sentence

  • Furthermore and for the avoidance of doubt, if an Other Indications Demonstration of Decision to Proceed occurs, then Section 4.4 shall not be construed to require AstraZeneca to use Commercially Reasonable Efforts to pursue Development of Licensed Products for a Constipation Related Disorder Indication for so long as AstraZeneca pursues any indication that is not a Constipation Related Disorder Indication.

  • When the Design Capacity of the Pressure Oxidation Circuit is established before the Decision to Proceed with the Project, (the “Established Design Capacity”), then a Capacity Fee shall be calculated in accordance with the following formula: Capacity Fee ($) = (C - 100,000) x $5.58 (but is never less than zero) Where “C” is the Established Design Capacity in tonnes of sulphide sulphur oxidized in the Autoclave(s) of the Plant.

  • Settling Defendants may ask the Mediator to grant a fifteen-day extension of the time to make Settling Defendants’ Decision to Proceed, in order to further evaluate the Participation Report and all Claimant Fact Sheet(s) and Mental Health Addenda for each Opt-Out Claimant and Non-Participating Claimant.

  • Following the Settling Defendants’ Decision to Proceed, the Parties will use their best efforts to obtain a Good Faith Settlement Determination for each Participating Claimant.

  • Notwithstanding anything else in this Agreement, neither party will have an obligation to reimburse the other for the clinical patient or site related costs of a Phase III Clinical Trial unless a Decision to Proceed to Phase III has been made.