Project Licence definition
Examples of Project Licence in a sentence
Unless otherwise agreed between the Parties (acting reasonably), IP OpCo shall continue to submit IAR Overrun Applications as required in respect of any Predicted Overrun in accordance with the terms of the Project Licence during any Contingent Equity Commitment Period.
During the time from January 2018 to December 2019, the Company actively engaged with the Tanzanian Minister for Energy and Minerals and the Mining Commission in an effort to resolve a suitable tenure mechanism for the Project Licence to be reinstated.
The conditions for granting, withdrawing and cancelling the Global Project Licence are determined by each Party, taking into consideration their obligations under the present Agreement.
During the time from January 2018 to December 2019, the Company actively engaged with the Tanzanian Minister for Energy and Minerals and the Mining Commission in an effort to resolve a suitable tenure mechanism for the Project Licence to be reinstated.
The granting of a Global Project Licence has the effect of removing the need for specific authorisations, for the Transfer of the concerned Defence Articles and related Defence Services to the destinations permitted by the said licence, for the duration of that licence.