Examples of Offset agreement in a sentence
Participation in tender, incentive or offset agreements If our covenanted land is, or becomes, subject to a tender agreement (i.e. Bush Tender, Plains Tender, Habitat Tender, Wetland Tender), an incentive agreement or a Native Vegetation Offset agreement through Trust for Nature or Bush Broker, the management plan adopted under those agreements takes precedence over this covenant management plan for the life of the agreement.
It is considered to be an appropriate environmental outcome for Council to enter into a Green Offset agreement in this instance to balance the opportunity for sustainable development against the environmental attributes of the locality.
The “value” of the Offset agreement can be 100% or more of the main contract price.
The depth of the due diligence will depend on the level of risks implied by the Offset agreement (Country risk; Operational risk; Commercial relation type: supplier; JV partner; Consulting services etc.) The company has implemented a dedicated procedure for the compliance review of offset third parties and projects.
Offset agreement ODF-USFS An Offset Fire Protection Agreement exists between the Ochoco National Forest, and the Oregon Department of Forestry, Central Oregon District.