The Consortium definition

The Consortium means a group made up of two or more individuals, companies or governments that work together toward achieving a chosen objective. Each entity within the consortium is only responsible to the group in respect of the obligations that are set out in the consortium's contract. Therefore, every entity that is under the consortium remains independent in his or her normal business operations and has no say over another member's operations that are not related to that of the present consortium.
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The Consortium means and shall be treated as a reference to the Consortium Members acting together within the terms of and for the purposes of this Agreement.
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The Consortium means and shall be treated as a reference to the Consortium Members acting together within the terms of and for the purposes of this Agreement;
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Examples of The Consortium in a sentence

  • The Consortium Observer is expected to facilitate consultation and coordination with respect to the Consortium interests pertaining to Governance Framework amendments.

  • The Consortium Budget shall be valued in accordance with the usual accounting and management principles and practices of the respective Parties.

  • Payment The Consortium agrees, upon submission of properly documented claims by ▇▇▇▇▇▇▇, to disburse Program funds to Grantee up to the maximum amount of the grant.

  • The Consortium Members shall submit to ANP a monthly report on the Production of each Development Area or Field.

  • The Consortium Members shall record in their respective accounting books the profits earned with the consortium activity, including amortization/depreciation quotas regarding the capital costs incurred, according to their respective Proportional Shares.

  • The Consortium Members shall previously notify ANP of the start of drilling of any well in the Contract Area.

  • The Consortium Members may use as fuel, in the Operations, Oil and Gas produced in the Contract Area, provided that in quantities authorized by ANP.

  • The Consortium Members are prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations.

  • The Consortium Members shall notify ANP about any amendments to its acts of incorporation, bylaws, or articles of association by sending, within thirty (30) days, copies thereof and copies of the documents for election of its managers or for evidence of the acting board of executive officers within thirty (30) days of their effectiveness.

  • The Consortium Members shall perform the obligations related to the Minimum Exploration Program within the terms and under the conditions described in Annex II.


More Definitions of The Consortium

The Consortium means the parties to this Agreement together with such other parties as may become subject to its terms2 Recitals 2.1 The Company is a Company Limited by Guarantee incorporated under the Companies Act 1985 under number tba Public Libraries and Museums Act 1964 empowers Local Authorities (a) to provide in their areas a comprehensive and efficient library service for all persons desiring to make use of it (b) to levy charges for the lending of material. 2.2 Each of the Contracting Parties is a Weights and Measures Authority 2.32 Section 2 of the Local Government Act 2000 confers on Local Authorities power to do anything which is likely to achieve the promotion or improvement of the economic, social or environmental well-being of their area("the duty of best value"). The purpose of Local Authorities which are Members consider that the formation and operation of the Company is to collaboration in the manner envisaged by the Objectives will assist the mContracting Parties to provide high standards in the provision of library trading
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Related to The Consortium

  • and Gentlemen We are acting as special counsel with respect to New York tax matters for the unit investment trust or trusts included in the series identified as FT 1784 (each, a "Trust"), which will be established under a certain Standard Terms and Conditions of Trust dated December 9, 2003, and a related Trust Agreement dated as of today (collectively, the "Indenture") among First Trust Portfolios L.P., as Depositor (the "Depositor"), First Trust Advisors L.P., as Evaluator, First Trust Advisors L.P., as Portfolio Supervisor, FTP Services LLC, as FTPS Unit Servicing Agent, and The Bank of New York Mellon as Trustee (the "Trustee"). Pursuant to the terms of the Indenture, units of fractional undivided interest in the Trust (the "Units") will be issued in the aggregate number set forth in the Indenture.

  • Shelter care means the temporary care of children in physically unrestricting facilities.

  • Consortium - means several entities joining forces as an umbrella entity to gain a strategic collaborative advantage by combining their expertise, capital, efforts, skills and knowledge for the purpose of executing this tender.

  • the International Bureau means the International Bureau of the World Intellectual Property Organization.

  • Entrepreneur means a natural person exercising a trade, business, craft or profession;