Change in Activities Clause Samples

The Change in Activities clause defines the conditions under which a party may alter the nature, scope, or type of its business operations during the term of an agreement. Typically, this clause requires one party to notify or seek approval from the other before making significant changes to its core activities, such as expanding into new business areas or discontinuing existing services. Its primary function is to ensure transparency and maintain the original intent of the agreement by preventing unexpected shifts that could impact the rights or obligations of the parties involved.
Change in Activities. If, after receiving approval for a Sabbatical or FIL, there is a significant change in the activities undertaken by the faculty member (e.g., changes in project site, topic, or mentor), the faculty member must submit a revised application to the ▇▇▇▇▇▇▇ within fifteen (15) days of any such change. Similarly, the University may require the faculty member to submit a revised application within fifteen (15) days of receipt of notice from the University if there is a significant change in the activities undertaken by the faculty member. The revised application will be forwarded by the ▇▇▇▇▇▇▇ to the Sabbatical/FIL Committee that originally reviewed the application. The Sabbatical/FIL Committee shall make a recommendation to the ▇▇▇▇▇▇▇ to either continue the leave based on the revised application or to terminate the leave at the end of the academic term in which the revised application is received by the Committee. The ▇▇▇▇▇▇▇ shall promptly notify the faculty member of their decision.
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Change in Activities. If, after receiving approval for a Sabbatical or Faculty Improvement Leave, there is a significant change in the activities undertaken by the faculty member (e.g., changes in Project site, topic, or mentor), the faculty member must submit a revised application to the ▇▇▇▇▇▇▇ within fifteen (15) days of any such change. Similarly, the University may require the faculty member to submit a revised application within fifteen (15) days of receipt of notice from the University if there is a significant change in the activities undertaken by the faculty member. The revised application will be forwarded by the ▇▇▇▇▇▇▇ to the Sabbatical/Faculty Im- provement Committee that originally reviewed the application. The Sabbatical/Faculty Im- provement Committee shall make a recommendation to the ▇▇▇▇▇▇▇ to either continue the leave based on the revised application or to terminate the leave at the end of the academic term in
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Change in Activities. No substantial change is made to the core activities of the Promoter from that carried on at the date of the Finance Contract.
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Change in Activities. If, after receiving approval for a Sabbatical or Faculty Improvement Leave, there is a significant change in the activities undertaken by the faculty member (e.g., changes in project site, topic, or mentor), the faculty member must submit a revised application to the ▇▇▇▇▇▇▇ within fifteen (15) days of any such change. Similarly, the University may require the
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Change in Activities. The Guarantor shall not and shall cause each of its Subsidiaries not to make material changes in its primary business activities without a prior written consent of the Facility Manager.
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Change in Activities. The Company has changed its activity as follows:
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Related to Change in Activities

  • Material Change in Business Seller shall not make any material change in the nature of its business as carried on at the date hereof.

  • Permitted Activities The purpose of the Issuer is, and the Issuer will have the power and authority, and is authorized, to engage in the following activities: (i) to acquire the Receivables and other Sold Property under the Sale and Servicing Agreement from the Depositor in exchange for the Notes; (ii) to Grant the Collateral to the Indenture Trustee under the Indenture; (iii) to enter into and perform its obligations under the Transaction Documents; (iv) to issue the Notes under the Indenture and to facilitate the sale of the Notes by the Depositor; (v) to pay principal of and interest on the Notes; (vi) to administer and manage the Trust Property; (vii) to make payments to the Noteholders and distributions to the holder of the Residual Interest; and (viii) to take other actions necessary or advisable to accomplish the activities listed above or that are incidental to the activities listed above.

  • Market Activities The Company will not, directly or indirectly, (i) take any action designed to cause or result in, or that constitutes or would reasonably be expected to constitute, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of Common Stock or (ii) sell, bid for, or purchase Common Stock in violation of Regulation M, or pay anyone any compensation for soliciting purchases of the Placement Shares other than the Agent.

  • Typical activities (i) School support services grade 3 (ii) Preschool/childcare services grade 3 (iii) School administration services grade 3 (iv) School operational services grade 3

  • Change in Business Borrower shall not enter into any line of business other than the ownership and operation of the Property, or make any material change in the scope or nature of its business objectives, purposes or operations, or undertake or participate in activities other than the continuance of its present business.