Licence Award definition

Licence Award means the date of this Agreement;
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Licence Award means the date the Project Licence comes into effect;
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Licence Award means the grant of the Offshore Transmission Licence by Ofgem to the successful Bidder, pursuant to paragraph [4.3.9] of the ITT Documentation;
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Examples of Licence Award in a sentence

  • Within 20 Business Days of Licence Award, the Secretary of State shall notify the Infrastructure Provider, the Regulator and Thames Water of the names of two Secretary of State’s Representatives.

  • Within 20 Business Days of Licence Award, the Infrastructure Provider shall notify the Secretary of State, the Regulator and Thames Water of the names of two IP Representatives.

  • Within 20 Business Days of Licence Award, Thames Water shall notify the Secretary of State, the Regulator and the Infrastructure Provider of the names of two TWUL Representatives.

  • For simplicity, we show the effects for individuals j = 0.1 miles from transit stations; shifts are qualitatively similar for other values of j in this scenario.

  • The Secretary of State may, at any time between Licence Award and the System Acceptance Date, upon written notice to IP OpCo, require IP OpCo to provide the Secretary of State with all information which the Secretary of State requires (acting reasonably) in order to measure any of the requirements which are expressed to be measured at a Test Date under this Agreement.

  • The Liaison Committee shall assume its duties on Licence Award and shall be released from its duties on expiry or termination of the Liaison Agreement.

  • IP HoldCo will pay the Secretary of State an arrangement fee of £5,000,000 on Licence Award.

  • The Infrastructure Provider must ensure that for any Charging Year (or part thereof) from Licence Award, the amount of IP Charge received by the Infrastructure Provider in respect of that Charging Year must not exceed the Allowed Revenue for that Charging Year as calculated in accordance with Appendix 1 (Calculation of Allowed Revenue) to these Conditions or with this Condition.

  • Note that the actions to achieve Licence Award and Financial Close may vary between transitional projects in this process and enduring projects in this process.

  • The “Released Claims” are those claims released under Sections 2.2, above, but shall not include any claims based on any Party’s failure to comply with the terms of the Agreement.

Related to Licence Award

  • Service Award means any Court ordered payment to Plaintiff for serving as Class Representative, which is in addition to any payment due to Plaintiff as a Settlement Class Member.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Service Awards means such funds as may be awarded by the Court to Plaintiffs to compensate them for their participation in the Action, as described in Section IV of this Agreement.

  • Stock-Based Award means any Award, denominated in Shares, made pursuant to this Plan, including Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Units, Performance Awards or Other Stock-Based Awards.

  • 3(i) Award means an Award granted pursuant to Section 3(i) of the Ordinance to any person who is a Non- Employee.

  • Other Stock-Based Award means any right granted under Section 6(f) of the Plan.

  • SAR means a stock appreciation right granted under the Plan.

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Performance Award Agreement means a written agreement between the Company and a Participant with respect to a Performance Award.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Cash Award means an award denominated in cash.

  • Other Stock or Cash Based Award means a cash payment, cash bonus award, stock payment, stock bonus award, performance award or incentive award that is paid in cash, Shares or a combination of both, awarded under Section 9.1, which may include, without limitation, deferred stock, deferred stock units, performance awards, retainers, committee fees, and meeting-based fees.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Performance Awards means Performance Units, Performance Shares or either or both of them.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Other Unit-Based Award means an award granted pursuant to Section 6(f) of the Plan.

  • Other Stock-Based Awards means Awards granted to a Participant under Section 6(i) hereof.

  • Award means, individually or collectively, a grant under the Plan of Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Units or Performance Shares.

  • Cash-Based Award means an Award entitling the recipient to receive a cash-denominated payment.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Dividend Equivalent Rights means certain rights to receive cash payments as described in Section 3.5.

  • Other Stock or Cash Based Awards means cash awards, awards of Shares, and other awards valued wholly or partially by referring to, or are otherwise based on, Shares or other property.

  • Performance Unit Award means an Award granted under Article XI of the Plan under which, upon the satisfaction of predetermined Performance Goals, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.