Licensing Round definition

Licensing Round means any process administered by the JDA in which persons bid and/or apply for and/or are awarded licenses to explore for and/or exploit the hydrocarbon resources of the JDZ;
Licensing Round means the process of inviting applications for the grant of a licence, shortlisting applicants and (subject to clause 45) inviting offers to take up a licence from shortlisted applicants and awarding licences.
Licensing Round or “bid round” means the licensing round as contemplated under section 74(1) of the Act.

Examples of Licensing Round in a sentence

  • Noise levels associated with other activities potentially resulting from the 26th Licensing Round such as a drilling, vessel movements, pipe-laying operations, are of a considerably lower magnitude than those resulting from seismic survey, and are not expected to have significant effects on relevant qualifying species.

  • The bidding parameters and evaluation criteria for each of the bidding rounds, as presented by the PCLD, are presented below: First Licensing Round: The first petroleum-licensing round was announced on 30 June 2008, under which the Ministry of Oil announced the opportunity for IOCs to bid to develop six oil fields (Rumaila, Zubair, West Qurna (first stage), Missan fields, Kirkuk, and Bai Hassan) and two gas fields (Akkas and Mansuriya).

  • At any licensing opportunity, whether it be a Licensing Round or an Out-of-Round invitation, the OGA will invite applications for a specified list of blocks and part-blocks.

  • Second Licensing Round: The second licensing round offered by the Government of Iraq occurred during the period 11- 12 December 2009.

  • These Blocks were offered as part of the 32nd Offshore Licensing Round launched by the UK North Sea Transition Authority (NSTA) in July 2019.

  • Reference is made to part5.5.1 of the explanatory notes to the Act on the Third Licensing Round.

  • Fifth Licensing Round: The fifth licensing round was announced during mid- 2017, and is therefore out of the scope of this EITI report.

  • To date, ShoreCan has taken a position in Nigeria and the Company and Shoreline have been awarded the PT-5b exploration license onshore Mozambique in the 5th Licensing Round adjacent to the producing Pande-Temane Gas and light oil field complex.

  • If a group of companies applies for an exclusive licence for exploration for and exploita- tion of hydrocarbons under the Licensing Round , the group of companies must include a company which is the proposed operator and is or becomes approved by the Gov- ernment of Greenland as qualified to be operator for licences for exploration for and ex- ploitation of hydrocarbons in offshore areas in Greenland.

  • In 2009 the company was awarded 5 exploration licenses in the UK 25th Licensing Round.


More Definitions of Licensing Round

Licensing Round means the process being undertaken pursuant to this Submission of Applications Guidance Note to select an Applicant for each Block.
Licensing Round means the process for awarding the exploration license;
Licensing Round means the licensing round as contemplated under section 74(1) of the Act; “licensing round guidelines” shall be the licensing round guidelines as defined in section 75 of
Licensing Round means the process being undertaken pursuant to this Guidance Note to select an Applicant for each Block.

Related to Licensing Round

  • Licensing Site means xxxx://xxx.xxxxxxxxx.xxx/licensing/contracts or a successor site.

  • licensing body means any body that licenses or regulates any profession;

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Licensing state means any state with regulations equivalent to the suggested state regulations for control of radiation relating to, and an effective program for, the regulatory control of NARM and which has been granted final designation by the Conference of Radiation Control Program Directors, Inc.

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • 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.

  • Exclusive License has the meaning set forth in Section 3.1.

  • exclusive licence means a licence from the proprietor of or applicant for a patent conferring on the licensee, or on him and persons authorised by him, to the exclusion of all other persons (including the proprietor or applicant), any right in respect of the invention to which the patent or application relates, and “exclusive licensee” and “non-exclusive licence” shall be construed accordingly;

  • Software licensing agreement means any agreement, regardless of how designated, that defines the intellectual property rights for, or the rights to use, any software product. A software licensing agreement must address only terms directly associated with licensing the right to use the software and must not address any of the work governed by the contract or any services (other than warranty services regarding the software code or associated documentation).

  • Licensing means any grant of rights to distribute the qualified motion picture, in whole or in part.

  • License means any Copyright License, Patent License, Trademark License or other license of rights or interests.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Technology License Agreement means the agreement in the form of Exhibit H hereto.

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

  • Active license means a license that is current and has not expired.

  • Driver license means a license that is issued by a state to

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • State Licensing Authority means the authority created for the purpose of regulating and controlling the licensing of the cultivation, manufacture, distribution, and sale of Medical Marijuana and Retail Marijuana in Colorado, pursuant to section 12-43.3-201, C.R.S.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Licensing authority means the department or division within each participating state which is authorized by law to issue or approve licenses or permits to hunt, fish, trap, or possess wildlife.

  • Sublicense Revenues means [***].

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Nationwide Mortgage Licensing System and Registry means a mortgage licensing system developed and maintained by the conference of state bank supervisors and the American association of residential mortgage regulators for the licensing and registration of licensed mortgage loan originators.