Business Program Clause Samples

The Business Program clause defines the framework and requirements for a specific set of business activities or initiatives governed by the agreement. It typically outlines the objectives, scope, and operational guidelines for the program, such as eligibility criteria, performance metrics, or reporting obligations. By clearly establishing the structure and expectations for the business program, this clause ensures both parties understand their roles and responsibilities, thereby promoting effective collaboration and minimizing misunderstandings.
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Business Program. The Parties agree that they have reviewed or have been presented the opportunity to review the business program and initiatives to be included in the 2022 Plan, including proposed budgets, assumptions and underlying data, and agree the proposed program should be approved.
Business Program. After the expiration of the Research Term, in the event a Third Party acquires SUTRO and, the Third Party (or any of such Third Party’s then-existing Affiliates) already has a program that existed prior to or implements a program after the acquisition of SUTRO that would otherwise violate Section 8.1.1 (a “Business Program”), then such Third Party (or such Third Party’s Affiliate) or SUTRO, as applicable, shall be permitted to continue or implement such Business Program after such acquisition and such continuation or implementation shall not constitute a violation of Section 8.1.1 (and in no event shall such Business Program be deemed an Internal Program of SUTRO); provided however that (a) none of the SUTRO IP, SUTRO Expression Technology, or Patents or Know-How Controlled by CELGENE and licensed to SUTRO, shall be used in the Business Program, and (b) the research or development activities required under this Agreement shall be conducted separately from any research or development activities directed to such Business Program, including the maintenance of separate lab notebooks and records (password-protected to the extent kept on a computer network) and separate personnel working on each of the activities under this Agreement and the activities covered under such Business Program.
Business Program. 1. The Parties agree that they have reviewed or have been presented the opportunity to review the business program and initiatives to be included in the 2026 Plan, including proposed budgets, assumptions and underlying data, and agree the proposed program should be approved. 2. Among other offerings, the Company commits to include in the 2026 Plan a bonus incentive to customers who choose Dark Sky approved lighting products. The Company commits to working with Dark Sky to decide on a resource, DLC and/or Dark Sky, for a qualified products list of eligible products. The Company will also commit to collaborating with Dark Sky, who will provide educational and collateral resources, to deliver educational materials and coordinate on delivery of training to program allies and customers at appropriate forums/venues. 3. Ameren will continue offering TLED's through its midstream initiative in 2026 at a level commensurate with 2023 actuals. The measure will be removed from the initiative starting in 2027. 4. Ameren Illinois agrees to cap the claimed achievement level related to natural-gas fired Combined Heat and Power (CHP) Projects in 2028-2029 Ameren Illinois will utilize a framework to place a cap on potential achievement level for fossil fuel, conventional, or topping cycle CHP projects. There is significant uncertainty over whether any such projects will be completed in 2028 or 2029, and - because of that uncertainty - Ameren's modified savings goals for 2028 and 2029 assume no such projects will be completed. Since these CHP projects can have very large savings at very low program cost, the framework presented below balances program performance with potential earnings should such a CHP project complete in 2028 or 2029. For fossil fuel, conventional or topping cycle CHP projects: • Include the project(s) in the C&I Custom Initiative, and include the project in the C&I Custom Initiative impact evaluation; • Should the Ameren portfolio savings performance, not including CHP project(s) savings, be less than 100 percent of the modified goal in either 2028 or 2029, Ameren will limit savings applied to Rider Annual Performance Modifier (APM) calculations to 105 percent of the modified goal, or actual portfolio savings performance including the CHP project(s) savings, whichever is lower. • Should the Ameren portfolio savings performance, not including CHP project(s) savings, be equal to or more than 100 percent of the modified goal in either 2028 or 2029, Ameren wil...
Business Program. (s) means a portfolio of Focus on Energy efficiency and renewable energy programs offered to Customers of Wisconsin Energy Utilities taking service on non-residential rates or tariffs, and Agricultural Producers on residential rates or tariffs due to a residence attached to an Agribusiness. Business Programs are designed to target commercial, industrial, Agricultural Producers, schools, Local Units of Government, and non-local government Customers.

Related to Business Program

  • Wellness Program Nothing in this Agreement shall prevent a department or agency from recommending experimental “fitness” type programs and reward programs involving wellness promotion activities. Any such activities shall be funded from the department’s separate appropriation, after review by the Benefits Advisory Committee and approval by the Secretary of Administration, or designee.

  • BUSINESS PROFITS 1. The profits of an enterprise of a Contracting State shall be taxable only in that State unless the enterprise carries on business in the other Contracting State through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may be taxed in the other State but only so much of them as is attributable to that permanent establishment. 2. Subject to the provisions of paragraph 3, where an enterprise of a Contracting State carries on business in the other Contracting State through a permanent establishment situated therein, there shall in each Contracting State be attributed to that permanent establishment the profits which it might be expected to make if it were a distinct and separate enterprise engaged in the same or similar activities under the same or similar conditions and dealing wholly independently with the enterprise of which it is a permanent establishment. 3. In determining the profits of a permanent establishment, there shall be allowed as deductions expenses which are incurred for the purposes of the permanent establishment, including executive and general administrative expenses so incurred, whether in the State in which the permanent establishment is situated or elsewhere. 4. Insofar as it has been customary in a Contracting State to determine the profits to be attributed to a permanent establishment on the basis of an apportionment of the total profits of the enterprise to its various parts, nothing in paragraph 2 shall preclude that Contracting State from determining the profits to be taxed by such an apportionment as may be customary; the method of apportionment adopted shall, however, be such that the result shall be in accordance with the principles contained in this Article. 5. No profits shall be attributed to a permanent establishment by reason of the mere purchase by that permanent establishment of goods or merchandise for the enterprise. 6. For the purposes of the preceding paragraphs, the profits to be attributed to the permanent establishment shall be determined by the same method year by year unless there is good and sufficient reason to the contrary. 7. Where profits include items of income which are dealt with separately in other Articles of this Convention, then the provisions of those Articles shall not be affected by the provisions of this Article.

  • Training Programs All employees shall successfully complete all necessary training prior to being assigned work (e.g., all employees will complete health and safety training prior to being assigned to task). Nothing in this Article or provision shall constitute a waiver of either party’s bargaining obligations or defenses. The Employer still has an obligation to notify and bargain changes in terms and conditions of employment with the exclusive representative.

  • Annual Business Plan (a) On or before November 15th of each year during the term of this Agreement, Manager shall prepare and submit to Owner for Owner's prior approval an annual business and leasing plan in accordance with the requirements of EXHIBIT D hereto (as such EXHIBIT D may be modified by Owner from time to time) (the "ANNUAL BUSINESS PLAN"). The Annual Business Plan shall be a comprehensive plan for the management, operation, leasing, repair, maintenance and promotion of the Property and for the other matters set forth on EXHIBIT D. Manager shall consult the Owner concerning the proposed Annual Business Plan and shall promptly incorporate therein such changes as Owner may direct. The Annual Business Plan, and all budgets contained therein, shall be in a form consistent with the Reporting Package. (b) Manager shall: (i) perform its duties hereunder in accordance with the Approved Annual Business Plan; and (ii) use all reasonable efforts to ensure that the actual costs of maintaining and operating the Property do not exceed the operating budget (the "OPERATING BUDGET") which is a part of the Approved Annual Business Plan either in total or in any one accounting category. All actual expenses must be charged to the proper account on a basis consistent with the Operating Budget classifications and Reporting Package. Except in case of emergencies which could reasonably pose a threat of injury to persons or property, in which event Manager shall inform Owner of such emergency within two (2) business days, no expense may be reclassified except as needed to correct an inadvertent error. Manager will secure Owner's prior approval for any expenditure that will result in a variance of the greater of $5,000 or 5% of the annual budgeted amount in any one accounting line item of the Operating Budget. In addition, Manager shall obtain Owner's prior approval for any expenditure in excess of $5,000, regardless of whether such expenditure is set forth in the Approved Annual Business Plan. (c) Owner shall have the right to require changes in the Approved Annual Business Plan from time to time; provided, however, that Owner shall provide Manager with at least fifteen (15) days' notice of such changes.

  • Training Program It is agreed that there shall be an Apprenticeship Training Program, the provisions of which are set forth in Exhibit "D", which is attached hereto and forms part of this Agreement.