Business Control Clause Samples

The Business Control clause establishes the rights and responsibilities of a party to oversee, direct, or manage certain business operations or activities within the scope of an agreement. Typically, this clause outlines the extent of control one party may exercise over decision-making, resource allocation, or operational procedures, and may specify reporting requirements or approval processes for significant actions. Its core practical function is to ensure that the designated party maintains sufficient oversight and authority to protect its interests and achieve the intended objectives of the business arrangement.
Business Control. The Limited Partner shall not participate in or have any control over the Partnership business, except as specifically set forth in this Agreement or as required by law. The Limited Partner hereby consents to the exercise by the General Partner of the powers conferred upon it by this Agreement and to the employment, when, if in the discretion of the General Partner, the same is deemed necessary or advisable, of such employees, agents, attorneys or other professionals as the General Partner may determine (notwithstanding that any parties to this Agreement may have an interest in, or be one of, such employees, agents, attorneys or other professionals). The Limited Partner shall not have any authority or right to act for or bind the Partnership.
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Business Control. Nothing in this Schedule 4-2 or otherwise in the Agreement shall restrict or impair the Company’s ability to undertake any and all business activities, or to forego the same, all in its sole discretion and judgment, regardless of whether or to what extent any of the foregoing may impact the Company’s EBITDA.
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Business Control. All of the foregoing services shall be rendered by the Manager subject to Owner's approval. Manager understands that ultimate discretion and control over the Business shall remain vested in the Owner, and the Manager shall do nothing inconsistent with Owner's directions. Facilities and equipment owned by the Business shall remain the property of the Owner. Records of property purchased will be kept by the Manager, and will be subject to audit by Owner at any time.
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Business Control. Green Training USA shall have no control over the Auditor’s business operations other than the specific rights provided in this Agreement, which are included solely for the purpose of protecting the intellectual property of Green Training USA.
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Business Control. No Limited Partner (except one who may also be the General Partner, and then only in such Partner's capacity as General Partner) shall participate in or having any control over the Partnership business, except as required by law. Each Limited Partner hereby consents to the exercise by the General Partner of the powers conferred upon it by this Agreement and to the employment, when, if in the discretion of the General Partner, the same is deemed necessary or advisable , of such employees, agents, attorneys or other professionals, the General Partner may determine (notwithstanding that any parties to this Agreement may have an interest in, or be one of, such employees, agents, attorneys or other professionals). No Limited Partner (except one who may also be a General Partner, and then only in such Partner's capacity as General Partner) shall have any authority or right to act for or bind the Partnership.
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Related to Business Control

  • Access Control Supplier will maintain an appropriate access control policy that is designed to restrict access to Accenture Data and Supplier assets to authorized Personnel. Supplier will require that all accounts have complex passwords that contain letters, numbers, and special characters, be changed at least every 90 days, and have a minimum length of 8 characters.

  • Business Conduct Merger Sub was incorporated on November 5, 2020. Since its inception, Merger Sub has not engaged in any activity, other than such actions in connection with (a) its organization and (b) the preparation, negotiation and execution of this Agreement and the Transactions. Merger Sub has no operations, has not generated any revenues and has no assets or liabilities other than those incurred in connection with the foregoing and in association with the Merger as provided in this Agreement.

  • Business Conducted Borrower shall continue in the business currently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.

  • Business Continuity Registry Operator shall maintain a business continuity plan, which will provide for the maintenance of Registry Services in the event of an extraordinary event beyond the control of the Registry Operator or business failure of Registry Operator, and may include the designation of a Registry Services continuity provider. If such plan includes the designation of a Registry Services continuity provider, Registry Operator shall provide the name and contact information for such Registry Services continuity provider to ICANN. In the case of an extraordinary event beyond the control of the Registry Operator where the Registry Operator cannot be contacted, Registry Operator consents that ICANN may contact the designated Registry Services continuity provider, if one exists. Registry Operator shall conduct Registry Services Continuity testing at least once per year.

  • Business Contracts (a) Schedule 2.13(a) sets forth a true, complete and correct list of the following Contracts (x) to which any of the Companies are a party as of the date of this Agreement or (y) by which any of the Companies are otherwise bound (other than (I) Contracts for commercially available software or any clickwrap, shrinkwrap or other similar standard form electronic Contracts and Company Benefit Plans and (II) the Leases) (the “Business Contracts”): (i) any Contract providing for aggregate annual payments to or by the Companies in excess of One Hundred Thousand Dollars ($100,000); (ii) any Contract that relates to the sale of any of the Companies, in whole or in part, directly or indirectly, or a material portion of the Companies’ assets, other than the sale of tangible personal property in the Ordinary Course of Business; (iii) any property management, leasing, brokerage or similar Contract with respect to the Real Property; (iv) any Contract relating to indebtedness (including, without limitation, guarantees) of any Company, in each case having an outstanding principal amount in excess of One Hundred Thousand Dollars ($100,000), other than indebtedness that is being paid in full at the Closing; (v) all collective bargaining agreements or agreements with any labor organization, union or association to which any Company is a party; (vi) any Contract under which any Company grants any exclusive rights, noncompetition rights, rights of first refusal, rights of first offer or rights of first negotiation to any Person; (vii) any Contract that contains a covenant not to compete that restricts the Business of the Companies or their Subsidiaries in any geographic location; (viii) all partnership agreements, limited liability company agreements and joint venture agreements relating to the Companies; and (ix) any Contract relating to the acquisition or sale of a business (or all or substantially all of the assets thereof) by the Companies. (b) HoldCo has made available or has caused to be made available to the Buyer Parties, prior to the date hereof, true, correct and complete copies of each Business Contract, together with all amendments or supplements thereto. There exist no defaults under any Business Contract by any of the Companies, or, to HoldCo’s Knowledge, by any other Person that is a party to any Business Contract. To HoldCo’s Knowledge, no party to any Business Contract other than the Companies intends to terminate any Business Contract.