Examples of Licence Assignment in a sentence
In addition to the requirements specified in this Section 10 of this Code, if an acquisition of Equity Interests or Voting Power in a Designated Telecommunication Licensee, Designated Business Trust, Designated Trust, or Regulated Person involves a Licence Assignment, the Designated Telecommunication Licensee or Regulated Person must also comply with the applicable provisions relating to Licence Assignments in the licence granted by IMDA.
The Borrower will in accordance with instructions reasonably given by the Off Shore Facility Agent use reasonable efforts to seek the consent of the Government to the assignment of the rights of the Borrower under the Licence pursuant to the Licence Assignment Agreement.
Fees of $30.00 for the Water Licence Assignment were included with the application.
If this Assignment Application is submitted concurrently with a Water Licence Assignment Application(s), the estimate should include a breakdown of water- and land-related activities and liabilities.
The Applicants must submit a Consolidation Application not prior to, but within 14 days after, the day on which they enter a binding agreement that, upon approval by IDA, and satisfaction of any specified conditions, would result in a Consolidation that involves a Licence Assignment or Change in Ownership (“Consolidation Agreement”).
For example, if a new hotel is being considered, a city might be able to partner with the developer to build it to a higher standard, allowing the public to use it as a vertical evacuation structure in case of a tsunami.If such a partnership is forged, there should be a clear understanding in advance that the public will have free access to all entrances in the facility in the event of a tsunami evacuation.
All Licensees must comply with the following provisions in connection with a Licence Assignment or acquisitions of an Ownership Interest in a Licensee.
The Deed of Licence Assignment in the form attached hereto as Exhibit A, evidencing the assignment, transfer and delivery to Buyer of the Transferred Interest, duly executed and delivered by Seller (the “Licence Assignment”).
Any Licensee that enters into a Consolidation Agreement that involves a Licence Assignment or a Change in Ownership should include language in the Consolidation Agreement expressly stating that the Consolidation is subject to the Info-Communications Development Authority of Singapore’s approval of the Licence Assignment or Change in Ownership and that the Consolidation will not be consummated unless and until such time as IDA grants written approval.
The Deed of Licence Assignment duly executed and delivered by Buyer.