Usufruct Agreement definition

Usufruct Agreement means that certain usufruct agreement, dated as of the date hereof, by and among the Sellers and the Buyer, in the form attached hereto as Exhibit A.
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Usufruct Agreement means the agreement dated 13 November 2007 and made between the Jebel Ali Free Zone Authority and JAFZ, as varied by the variation agreement dated 29 April 2012 between those parties and includes such agreement as from time to time further modified or supplemented in accordance with the provisions contained therein;
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Usufruct Agreement means the Instrumento Particular de Reserva Onerosa de Usufruto, executed on December 21st, 2022, by means of which Cosan S.A. and Cosan Nove agreed, among other matters, that Cosan shall have the right of usufruct over the political rights attached to the common shares of the Company held by Cosan.
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Examples of Usufruct Agreement in a sentence

  • The estimated useful life of the power plant of 40 years takes into account the Company’s right to extend the land lease under a Usufruct Agreement for an additional term of 25 years.

  • SecurityThe term loans are secured by a commercial mortgage over the Company’s assets and a legal mortgage over the Company’s rights, title and interest in the Usufruct Agreement dated 11 February 2013.

  • Under the Usufruct Agreement, the Company has a legal obligation to remove the Plant at the end of its useful life and restore the land.

  • Usufruct Agreement - On March 1, 2018, EPMSA and Quiport renewed the usufruct contract for certain goods used in the operation, maintenance and service for accidents, fire and rescue at the new airport.

  • The estimated useful life of the power plant of 35 years takes into account the Company’s right to extend the land lease under a Usufruct Agreement for an additional term.

  • Under the Usufruct Agreement with the Ministry of Housing, the Company has an obligation to remove the plant and restore the land to its original condition.

  • However, the preliminary decision did not consider the Usufruct Agreement void, and Floresteca challenged the preliminary decision in the Mato Grosso Superior Court.

  • In May 2017, the Superior Court reversed the initial decision in favor of Floresteca, who has been granted the right to continue under the Usufruct Agreement.

  • Land on which the plant is constructed has been leased by the Government of Sultanate of Oman to the Company for a period of 25 years expiring on 23 November 2034 under the term of the Usufruct Agreement, which can be extended for an additional 25 years.

  • The term loans are secured by a commercial mortgage over the Company’s assets and a legal mortgage over the Company’s rights, title and interest in the Usufruct Agreement dated 11 February 2013.


More Definitions of Usufruct Agreement

Usufruct Agreement means the Instrumento Particular de Reserva Onerosa de Usufruto by means of which Cosan S.A. and Cosan S.A. Investimentos agreed, among other matters, that Cosan shall have the right of usufruct over: (i) the political rights attached to the Cosan Downstream Common Shares; (ii) the right to receive any distribution to be made by the Downstream Co through the payment of interest on own capital (juros sobre capital próprio) to the Cosan Downstream Common Shares; and (iii) the right to receive any distribution to be made by Downstream Co through the payment of dividends to the Cosan Downstream Common Shares, provided, however, that such declaration is resolved until April 30, 2014 and is based on profits ascertained until March 31, 2014.
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Usufruct Agreement means the Usufruct Agreement (Contrato de Usufructo Oneroso de los Activos y de los Bienes Raíces del Campo Geotérmico Amatitlán) dated April 25, 2003 between INDE and Issuer contained in public deed number 17 authorized in Guatemala City by notary public Xxxxxxxxx Xxxx Xxxxxx Xxxxxxxxx.
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Usufruct Agreement means an agreement entered into between, the Founder Shareholders representing the Project Company and the Government of Oman detailing the conditions for grant of the Land to the Project Company pursuant to the Development Agreement and including details of the Land.
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Usufruct Agreement the deed of usufruct (Escritura de Constitución de Usufructo) between the Borrower, and Jxxx Xxxx XXXXXXXX and Axxxxx Xxxx XXXXXXXXX, pursuant to which the Usufruct Rights are irrevocably created in favor of the Borrower, and any prior Usufruct Rights are cancelled;
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Usufruct Agreement means the Instrumento Particular de Reserva Onerosa de Usufruto by means of which Cosan S.A. and Cosan Investimentos agreed, among other matters, that Cosan shall have the right of usufruct over the political rights attached to the common shares of the Company held by Xxxxx.
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Related to Usufruct Agreement

  • Product Agreement means each agreement, license, document, instrument, interest (equity or otherwise) or the like under which one (1) or more parties grants or receives any right, title or interest with respect to any Product Development and Commercialization Activities in respect of one (1) or more Products specified therein or to exclude third parties from engaging in, or otherwise restricting any right, title or interest as to any Product Development and Commercialization Activities with respect thereto, including each contract or agreement with suppliers, manufacturers, distributors, or any other Person related to any such entity.

  • Direct Agreement means a written agreement entered into

  • Bank Product Agreement means any agreement between one or more Obligors and a Bank Product Provider evidencing the making available of any Bank Product by such Bank Product Provider to such Obligor. The foregoing includes, without limitation, Swap Agreements.

  • Contract Agreement means the contract agreement referred to in Sub-Clause 1.6 [Contract Agreement].

  • Bank Product Agreements means those agreements entered into from time to time by Borrower or its Subsidiaries with a Bank Product Provider in connection with the obtaining of any of the Bank Products.

  • Project Agreement means the agreement between the Bank and the Project Implementing Entity of even date herewith, as the same may be amended from time to time; and such term includes all schedules and agreements supplemental to the Project Agreement.

  • TBT Agreement means the Agreement on Technical Barriers to Trade, which is part of the WTO Agreement;

  • PILOT Agreement means the Agreement for Payments in Lieu of Ad Valorem Taxes entered into by and among the Board, the Company, the City and the County.

  • Project Agreements means this Agreement, EPC Contract, O&M Contract and any other agreements or material contracts that may be entered into by the Developer with any person in connection with matters relating to, arising out of or incidental to the Project.

  • Netting Agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Purchase Contract Agreement has the meaning specified in the Recitals.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Commercial Agreement means an agreement, other than an agency agreement, made between carriers and relating to the provision of their joint services for carriage of passengers by air;

  • Clearing Agreement means Clearing, Settlement and Sponsorship Services Agreement by and between the Borrower and Fifth Third Bank dated as of July 27, 2016, as the same may be amended, modified, supplemented, restated, amended and restated or replaced from time to time.

  • Customs Broker Agreement means an agreement in form and substance reasonably satisfactory to the Agent among a Loan Party, a customs broker, freight forwarder, consolidator or carrier, and the Agent, in which the customs broker, freight forwarder, consolidator or carrier acknowledges that it has control over and holds the documents evidencing ownership of the subject Inventory for the benefit of the Agent and agrees to hold and dispose of the subject Inventory solely as directed by the Agent.

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Treasury Services Agreement means any agreement between the Borrower or any Restricted Subsidiary and any Approved Counterparty relating to treasury, depository, credit card, debit card, stored value cards, purchasing or procurement cards and cash management services or automated clearinghouse transfer of funds or any similar services.

  • Control Agreement is any control agreement entered into among the depository institution at which Borrower maintains a Deposit Account or the securities intermediary or commodity intermediary at which Borrower maintains a Securities Account or a Commodity Account, Borrower, and Bank pursuant to which Bank obtains control (within the meaning of the Code) over such Deposit Account, Securities Account, or Commodity Account.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Banking Services Agreement means any agreement entered into by the Borrower or any Subsidiary in connection with Banking Services.

  • Related Pass Through Trust Agreement Means the Basic Agreement as supplemented by the Trust Supplement No. 1998-1B-S dated the date hereof relating to the Continental Airlines Pass Through Trust 1998-1B-S and entered into by the Company and the Trustee, which agreement becomes effective upon the execution and delivery of the Assignment and Assumption Agreement pursuant to Section 7.01 of this Trust Supplement.

  • Merchant Agreement means a writ- ten contract between a merchant and an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a char- itable contribution.

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among the applicable Credit Party, Agent, and one of the Cash Management Banks.

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Account Agreement means the agreements for the operation of the Account.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Credit Party and any Cash Management Bank.