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Nile Trading & Development, Lease Agreement, 2008
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Arbitration and dispute resolution

All disputes, differences, controversies or claims arising out of or in connection with the contract are to be finally settled... more

Page 4 ( Art. 4 )

Assignment or transfer

Nile Trading & Development has the right to sublease any part or all of the leased land or sublicense any... more

Page 3 ( Art. 1(d) )

Capital gains tax

Nile Trading & Development will pay all taxes due to central and local governments in Southern Sudan. The Mukaya Payam... more

Page 4 ( Art. 3 )

Corporate headquarters

10694 Pagewood Drive, Dallas, Texas 75230

Page 2 ( Preamble )

Country

South Sudan

Page 2 ( Preamble )

Date of ratification

03-11-08

Page 2 ( Preamble, Preamble )

Environmental impact assessment and management plan

Nile Trading & Development agrees that the substantial majority of the land within the leased land from which trees are... more

Page 3 ( Art. 1 )

Governing law

The contract and its associated rights and obligations is governed by and construed in accordance with the domestic substantive law... more

Page 4 ( Art. 4 )

Income tax: exemptions

The Mukaya Payam Cooperative is to assist Nile Trading & Development in seeking exemptions from taxes and/or duties on capital... more

Page 4 ( Art. 3 )

Income tax: rate

Nile Trading & Development will pay all taxes due to central and local governments in Southern Sudan

Page 4 ( Art. 3 )

Local development agreement

Nile Trading & Development is to use its commercially reasonable best efforts to enhance the lifestyles of the communities within... more

Page 4 ( Art. 2(b) )

Local employment

Nile Trading & Development is to use its commercially reasonable best efforts to assist in the provision by the Government... more

Page 4 ( Art. 2(b) )

Location

The Mukaya Payam Cooperative must use its commercially reasonable best efforts to identify the land for Nile Trading & Development,... more

Page 2 ( Art. 1 )

Name of company executing document

Nile Trading & Development, A Delaware Corporation

Page 2 ( Preamble, Preamble )

Other - financial/fiscal

Nile Trading & Development has the right to exploit any resulting carbon credits from agriculture on the leased land

Page 3 ( Art. 1(c)(ii) )

Other - operational

Nile Trading & Development has the right to develop, produce and exploit the timber and forestry resources, including harvesting current... more

Page 3 ( Art. 1(c) )

Resource(s)

Jatropha, Oil palm or palm oils, Timber (Wood)

Page 3 ( Art. 1(c) )

Royalties

Any profits generated by Nile Trading & Development in respect of the leased land are to be divided as follows:... more

Page 3 ( Art.2(a) )

Sacred, cultural, or historical sites

Nile Trading & Development agrees that the substantial majority of the land within the leased land from which trees are... more

Page 3 ( Art. 1 )

Size of concession area

600,000 hectares (with further extension to 1,000,000 hectares)

Page 2 ( Art. 1 )

Term

49 years

Page 3 ( Art. 1(b) )

Type of contract

Lease Agreement

Page 2 ( Preamble )

Year of contract signature

2008

Page 2 ( Preamble )
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Metadata

Country

South Sudan

Signature Year

2008

Resource

Jatropha curcas | Oil palm or palm oils | Timber (Wood)

Type of Document

Contract

Open Contracting Identifier

ocds-591adf-7041399452

Disclosure Mode

Online - FarmLandGrab.org

This document has missing annexes

Land Matrix ID

#1757

More from

South Sudan

More for

Jatropha curcas | Oil palm or palm oils | Timber (Wood)

This site provides summaries of contracts and their terms to facilitate understanding of their important provisions. These summaries are not interpretations of the documents. Neither the summaries nor the full contracts are complete accounts of all legal obligations related to the projects in question. This site also includes document text that was created automatically; such text may contain errors and differences from the original PDF files. No warranty is made to the accuracy of any content on this website.

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URL : https://openlandcontracts.org/contract/ocds-591adf-7041399452/view?lang=en