Examples of Host Government Agreement in a sentence
An intergovernmental agreement with Italy and Greece on the Trans-Adriatic Pipeline (TAP) project and the Host Government Agreement between the TAP consortium and Albania were ratified in March and April respectively.
Each State shall co-operate in supporting all financing efforts by Project Investors within the framework of Project Activities, including, upon the reasonable request of any Project Investor, confirming or repeating in writing to any financial institution, multilateral lending agency or export credit agency of any representation, warranty, guaranty, agreement or undertaking contained in any Host Government Agreement or any Project Agreement entered into by such State.
In addition, the Host Government Agreement on SCP (South Caucasus Pipeline) signed by the Government of the Republic of Azerbaijan and MEP (Main Export Pipeline) Participants (SOCAR, BP, TotalFinaElf, LUKAgip, NICO, Statoil and TPOC) provide different taxation rules.
For example, the Government of RMI would negotiate with SPREP a Memorandum of Understanding (MOU), or Host Government Agreement (HGA) that would reflect the legal status of SPREP’s RMI entity, and govern their operational activities in the same way that they have with PNA, SPC, JICA and the UN.
Except as otherwise provided under the relevant Host Government Agreement for particular Project Activities, and without limiting the express terms thereof, no Project Investor, Interest Holder or Shipper, with respect to all or any part of such Project Activities shall be subject to any Taxes levied on the asset value, equity value or stated capital of the entity or Permanent Establishment located or domiciled in the host State.
Each State undertakes to grant and maintain such Land Rights as may be reasonably necessary for the conduct of Project Activities under fair, transparent, legally enforceable and clear commercial terms and conditions to the extent provided in Article 14 of Host Government Agreement and Appendix I, Part II, entered into by such State.
Except as provided in this Article or in the relevant Host Government Agreement, no Taxes or associated obligations shall be imposed by any State on any Project Investor, Shipper or Person who provides goods, works, technology or services (including inter alia, agency services, credit, financing, insurance or other financial accommodations) or any of their employees or on any aspect of Project Activities.
In addition, clearly any plans for the implementation of gap-filling measures are very questionable when NGOs and journalists face extreme reprisals, and to highlight the following point: the World Bank Host Government Agreement with Turkey for TANAP does not address human rights issues.
Current StatusMemorandum of Understanding (MoU) between the Government of United Republic of Tanzania and the Government of Republic of Uganda has been signed; relevant committees established (Pipeline Project Team, PPT; Joint Project Development Committee, JPDC, and Project Steering Committee, PSC; Intergovernmental Agreement (IGA) has been signed and commercial issues related to Host Government Agreement (HGA) have been ratified.
Any failure of, or refusal by, a State to fulfil or perform its obligations, take all actions and grant all rights and benefits as provided in this Agreement, any Host Government Agreement to which it is a party or any Project Agreement to which it is a party shall constitute a breach of such State’s obligations under this Agreement.