Exploration Licenses definition

Exploration Licenses means the licenses, permits or rights, to conduct exploration activities within the Operating Areas granted by Government Instrumentality. "Exploration Program" means any program or plan formulated by the JVC's geologists and engineers for the exploration of an Operating Area or Operating Areas. "Exploration Unit" or "Exploration Units" means an area or areas, each 1 km2 in size, forming the basic units of an Exploration Area. "General Manager" or "Deputy General Manager" means the individual or entity appointed pursuant to Article 35 herein. "Government Instrumentality" means any state, provincial, city , municipal or local government and any department thereof, or the central bank, court, commission, bureau or board exercising any regulation, expropriation or taxing authority under or for the account of any of the foregoing. "Joint Venture Company" or "JVC" means the cooperative joint venture company established by the Parties pursuant to Chapter 4 herein. "Minerals" means all base and precious metals, industrial minerals that are discovered or are present within the Exploration Areas. "Mining" means mining, extraction, production, transportation, treatment, filtering or any other mining production process, including the processing of by-products and products refining using any method. "Mining Rights" means mining licenses and contract rights held by the JVC in the Operating Areas. "MGMR" means the Ministry of Geology and Mineral Resources of PRC. "Operating Activities" means all proprietary activities of the JVC, including feasibility studies, ore dressing, prospecting, processing, construction of processing plants or other activities in relation to mining, transportation, smelting, or other activities in relation to Minerals conducted by or on behalf of the JVC. "Operating Area" or "Operating Areas" means the area or areas, each comprising a number of Exploration Areas, defined by geological, mineral and geographic restraints, in which the JVC decides to carry out any Operating Activities pursuant to an Operating Budget and Operating Procedures. "Operating Budget" means the budget prepared by Party B for each Operating Area estimated on the basis of RMB 2,000 per km2 on average, to be submitted to the JVC for implementation. "Operating Licenses" means all Business License, Exploration Licenses, Mining Licenses, approvals, permits and registrations that the JVC may need to operate in Contract Areas and/or Operating Areas. "Operating Procedures" means th...
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Exploration Licenses means exploration license(s) obtained or to be obtained by the Project Company for the Project in accordance with this Project Contract under the provisions of the Mining Rules 2002.
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Exploration Licenses means, collectively, the various licenses issued by any governmental authority in connection with a Petroleum Concession Agreement and pursuant to the laws of Pakistan, by virtue of which, inter alia, the holder of such exploration license is entitled to explore for and drill for Petroleum or dispose of any test production of Petroleum with the approval of the Government of Pakistan.
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Examples of Exploration Licenses in a sentence

  • The Company’s aim is to maximise shareholder value through exploration, discovery and development of complementary opportunities in base and precious metals.Talisman has secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through a joint venture agreement.

  • West Coast NewfoundlandThe Corporation is undertaking exploration for oil and natural gas in Western Newfoundland under Exploration Licenses 1070 and 1120.

  • Sinclair has extensive infrastructure and includes a substantial 290km2 tenement package covering more than 80km of strike in prospective ultramafic contact within a 35km radius of existing processing plant and infrastructure.Talisman has also secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through separate farm-in agreements.

  • To increase investment in exploration sector, No Basic Customs Duty & Countervailing Duty (CVD) on imports of goods required for exploration & production of hydrocarbon activities is also extended to operations undertaken to Exploration Licenses & Mining Leases issued or renewed before 1st April 1999.

  • Upon the JVC receiving its Exploration Licenses, Business License and any other required permits or approvals necessary for the commencement of operation in the Operating Areas, Party B shall input RMB800,000 to the JVC and the JVC shall pay this sum to Party A as compensation for all prior geological work performed by Party A in relation to the Operating Areas.

  • The earn-in will occur by a staged work program whereby BSE can earn incremental components of interest by drilling on the Company’s lands as follows: Phase I Earning (2013-2014): During this phase BSE will pay 100% of the costs of drilling, testing and completing four wells on the Company’s two Offshore Exploration Licenses #1070 and #1120, to earn BSE a 50% interest of the Company’s interest in these two Offshore Exploration Licenses.

  • Sinclair has extensive infrastructure and includes a substantial 290km2 tenement package covering more than 80km of strike in prospective ultramafic contact within a 35km radius of existing processing plant and infrastructure.Talisman has also secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of 100% owned Exploration Licenses and through separate earn-in Joint Venture and tenement purchase agreements.

  • Exploration Licenses are adjacent to and surrounding the Mining Concession area.

  • The Company’s aim is to maximise shareholder value through exploration, discovery and development of complementary opportunities in base and precious metals.Talisman has also secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through separate farm-in agreements.

  • Phase II Earning (2014-2015): During this phase BSE will pay 100% of the costs of drilling, testing and completing up to eight wells to earn up to an additional 10% of the Company’s interest in these two Offshore Exploration Licenses.


More Definitions of Exploration Licenses

Exploration Licenses means the eight off-shore exploration licenses issued by the GDPA details of which are as follows: AR/TPO-TOR-SET/3498 November 24, 1998 AR/TPO-TOR-SET/3499 November 24, 1998 AR/TPO-TOR-SET/3500 November 24, 1998 AR/TPO-TOR-SET/3501 November 24, 1998 AR/TPAO-TPAO-TOR-SET/3502 November 24, 1998 AR/TPO-TOR-SET/3503 November 24, 1998 AR/TPO-TOR-SET/3504 November 24, 1998 AR/TPO-TOR-SET/3505 November 24, 1998
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Exploration Licenses means licenses, subsoil use contracts, permits or other rights issued to the Issuer, Emir Oil, or any of their respective Subsidiaries or Affiliates by the Kazakhstan Ministry or any other governmental or regulatory authority or body in the Republic of Kazakhstan authorizing or otherwise relating to the exploration of hydrocarbons.
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Exploration Licenses means the eight off-shore exploration licenses issued by the GDPA, details of which are set forth in Exhibit 1.
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Exploration Licenses mean (i) the single license to explore Szolnok Block and the Tompa Block as issued by the Hungarian Mining Authority pursuant to resolution number 1828/99 dated April 20th, 1999 and, extended by resolution no. 4432/2005/1 dated April 25th, 2005 and (ii) the Inke Exploration License. Governmental Authority: any government and/or any political subdivision thereof, including departments, courts, commissions, boards, bureaus, ministries, agencies or other instrumentalities.
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Exploration Licenses means the licenses issued pursuant to the Mineral Resources Law of the People’s Republic of China as specified in Appendix 1 to enable the holder of such licenses to conduct venture exploration pursuant to this Contract.
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Exploration Licenses means those licenses issued by the Ministry of Land and Resources or its successor government authority for Exploration Rights (as hereinafter defined) for Minerals (as hereinafter defined), and shall include those initial exploration licenses granted to Party and all licenses that may be granted in the future relating to the Property (as hereinafter defined) and the Areas of Mutual Interest;
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Related to Exploration Licenses

  • exploration licence means an exploration licence under Part 2 of the Mineral Resources Development Act 1990; S. 3(1) def. of "fish" inserted by No. 40/2002 s. 3(a).

  • Generation Licence means an electricity generation licence granted or treated as granted pursuant to section 6(1)(a) of the EA 1989 that authorises a person to generate electricity;

  • FCC Licenses means broadcasting and other licenses, authorizations, waivers and permits which are issued from time to time by the FCC.

  • Business Licenses has the meaning ascribed to it in Section 1.01(a)(x).

  • Company IP Licenses (other than “shrink wrap,” “click wrap,” and “off the shelf” software agreements and other agreements for Software commercially available on reasonable terms to the public generally with license, maintenance, support and other fees of less than $5,000 per year (collectively, “Off-the-Shelf Software Agreements”), which are not required to be listed, although such licenses are “Company IP Licenses” as that term is used herein), under which a Target Company is a licensee or otherwise is authorized to use or practice any Intellectual Property, and describes (A) the applicable Intellectual Property licensed, sublicensed or used and (B) any royalties, license fees or other compensation due from a Target Company, if any. Each Target Company owns, free and clear of all Liens (other than Permitted Liens), has valid and enforceable rights in, and has the unrestricted right to use, sell, license, transfer or assign, all Intellectual Property currently used, licensed or held for use by such Target Company, and previously used or licensed by such Target Company, except for the Intellectual Property that is the subject of the Company IP Licenses. For each Patent and Patent application in the Company Registered IP, the Target Companies have obtained valid assignments of inventions from each inventor. Except as set forth on Schedule 4.13(a)(iii), all Company Registered IP is owned exclusively by the applicable Target Company without obligation to pay royalties, licensing fees or other fees, or otherwise account to any third party with respect to such Company Registered IP.

  • Licenses means all licenses, permits, certificates of authority, authorizations, approvals, registrations, franchises and similar consents granted or issued by any Governmental or Regulatory Authority.

  • Development Approvals means all permits and other entitlements for use subject to approval or issuance by CITY in connection with development of the Property including, but not limited to: (a) general plan, general plan amendments, specific plans and specific plan amendments; (b) tentative and final subdivision and parcel maps; (c) conditional use permits and master plans; (d) zoning, zoning map amendments, and zoning text amendments; and, (e) grading and building permits.

  • Permits and Licenses means any approval, consent, license, permit, waiver, exception, variance or other authorization issued, granted, given, or otherwise made available by or under the authority of a government or governmental agency or under any applicable law, regulation, rule or order.

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • Company License Agreements means any license agreements granting any right to use or practice any rights under any Intellectual Property (except for such agreements for off-the-shelf products that are generally available for less than $25,000), and any written settlements relating to any Intellectual Property, to which the Company is a party or otherwise bound; and the term “Software” means any and all computer programs, including any and all software implementations of algorithms, models and methodologies, whether in source code or object code.

  • Company IP Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to Intellectual Property to which the Company is a party, beneficiary or otherwise bound.

  • Inbound Licenses means, collectively, any Contract (including covenants not to xxx) or other permission pursuant to which Seller is authorized or otherwise permitted to access or exploit any other Person’s IP, or any Contract pursuant to which Seller obtains a right to access or exploit a Person’s IP in the form of commercially available object code software or services, such as a software as a services Contract or a cloud services Contract.

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • License Agreements shall have the meaning set forth in Section 8.11 hereof.

  • Company Licensed Intellectual Property means Intellectual Property Rights owned by any Person (other than a Group Company) that is licensed to any Group Company.

  • Intellectual Property Licenses means (i) any grant by the Company to another Person of any right, permission, consent or non-assertion relating to or under any of the Purchased Intellectual Property and (ii) any grant by another Person to the Company of any right, permission, consent or non-assertion relating to or under any third Person’s Intellectual Property.

  • FCC License means a License issued or granted by the FCC.

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Business License means a license issued by the Department to a medical marijuana dispensary, grower, processor, testing laboratory, or transporter.

  • Intellectual Property License Agreement means the intellectual property license agreement substantially in the form attached as Exhibit B to the Contribution and Distribution Agreement.

  • Environmental Approvals means any permit, license, approval, ruling, variance, exemption or other authorization required under applicable Environmental Laws.

  • Licences means conditional use of another party’s intellectual property rights.

  • Site License means for each product, the term “Site License” shall mean the license established upon acquisition of the applicable number of copies of such product and payment of the applicable license fees as set forth in the Statement of Work.

  • Third Party Licenses has the meaning set forth in Section 3.

  • Project Approvals means all approvals, consents, waivers, orders, agreements, authorizations, permits and licenses required under Applicable Laws or under the terms of any restriction, covenant, easement or agreement affecting all or any applicable Phase of the Project, or otherwise necessary or desirable for the ownership, acquisition, construction, development, equipping, use or operation of the Project.

  • Company Intellectual Property Agreements means any Contract governing any Company Intellectual Property to which the Company or any Subsidiary is a party or bound by, except for Contracts for Third-Party Intellectual Property that is generally, commercially available software and (A) is not material to the Company or any Subsidiary, (B) has not been modified or customized for the Company or any Subsidiary and (C) is licensed for an annual fee under $5,000.