New License definition

New License means a license issued to a driver:

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New License means a license issued to an applicant who did not hold a valid license for a Commercial Passenger Boat of the same capacity category on November 30th of the year in which the application is made.

New License means the license issued by the Commission to the Licensee pursuant to Section 15 of the FPA for the continued operation of the Project, which shall take effect upon the Licensee’s acceptance thereof.

Examples of New License in a sentence

• All costs, charges and expenses incurred by Licensee in connection with maintaining the License and/or assisting Lessee to procure a New License shall be paid pursuant to the provisions of Section 2.2 above.

• Licensee shall also exercise all commercially reasonable efforts to cooperate with Lessee in Lessee’s efforts to obtain the New License.

• Unless terminated sooner under another provision of this Agreement, the term of this Agreement (“Term”) shall commence on the date hereof and terminate immediately upon the earlier of (i) the date on which the applicable licensing authority issues the New License, or (ii) one hundred twenty (120) days after the date hereof.

• Licensee agrees that it will not unreasonably withhold, condition or delay its consent to an extension of the Term so long as Lessee or its designee has filed the application and is diligently pursuing the New License.

• The Company and the Guarantors shall not permit any Existing Note Obligations to be secured, directly or indirectly, by a Lien on any assets or rights of, or any Equity Interests in, the New License Subsidiary.

More Definitions of New License

New License means any license approved in writing by the Parties, other than Existing Licenses, required for the manufacture, Development or Commercialization of any VEGF Product.

New License means an FCC License, Foreign License or rights in respect of an Underlying License or under a Foreign Spectrum Lease that, in each case, is not an Existing License.

New License means any license, other than Existing Licenses, required for the manufacture, Development or Commercialization of any IL-1 Product and approved by the Intellectual Property Sub-Committee.

New License means the agreement entered into between BDSI and the New Licensee pursuant to Clause 3.

New License means a new FERC license for the YRDP, succeeding the license that will expire on April 30, 2016. The New License includes any annual licenses issued by FERC after the expiration of the term of the New License.

New License means a new debt or credit servicing license for the Company or any Restricted Subsidiary that would require regulatory approval prior to any enforcement or change of control. For the avoidance of doubt, “New License” shall not include (i) the renewal of any License in existence as of the Issue Date or (ii) a license that is required to be obtained by the Company or any Restricted Subsidiary in relation to operations of the Company or such Restricted Subsidiary in existence as of the Issue Date (which operations are substantially the same as at the date on which it is required to obtain such license) and which were not subject to a licensing requirement as at the Issue Date.

New License is defined in Recital L. The New License will be considered to have been issued, for the purposes of Section 13.6.1 of this Agreement, upon the exhaustion of all rights of appeal under the provisions of Section 313 of the Federal Power Act and/or state law provisions governing appeals of conditions of a Clean Water Act 401 certification and/or an NPDES permit.