Covenants by Operator Clause Samples

Covenants by Operator. The Operator makes the additional covenants set forth in this Section, which are material covenants and upon which Manager relies as inducement to enter into this Agreement. (a) The Operator will cooperate with Manager in every reasonable respect and will furnish Manager with all information required by it for the performance of its services hereunder and will permit Manager to examine and copy any data in possession and control of the Operator affecting management and/or operation of the Facility and will in every reasonable way cooperate to enable Manager to perform its services hereunder. (b) Operator will examine documents submitted by Manager and render decisions pertaining thereto, when required, promptly, to avoid unreasonable delay in the progress of Manager's work. Operator shall execute and deliver any and all applications and other documents that may be reasonably deemed by Manager to be necessary or proper to be executed by Operator in connection with the Facility provided that such documents do not require Operator to incur any liability or obligation, other than Operator's statutory or regulatory obligations by virtue of its ownership of the Facility. (c) Operator shall comply with all federal, state and local laws, rules, regulations and requirements which are applicable to Operator and are not within the control of or the responsibility hereunder of Manager; provided that Operator, at its sole expense and without cost to Manager, shall have the right to contest by proper legal proceedings the validity, so far as applicable to it, of any such law, rule, regulation or requirement, provided that such contest shall not result in a suspension of operations of the Facility. (d) Operator hereby grants to Manager an exclusive irrevocable (except in accordance with the termination provisions of the Agreement) and nonassignable license to use the Facility during the Term of this Agreement, for the purposes described herein. Any attempted assignment of the license to use this Facility shall be null and void. (e) Operator acknowledges that Manager retains all ownership and other rights in all systems, manuals, materials, and other information, in whatever form, developed by Manager in the performance of its services hereunder (f) Whenever Operator is requested hereunder to give its approval to a matter, such approval shall not be unreasonably withheld or delayed. If Operator shall not respond negatively in writing to the notice within twenty (20) days ...
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Covenants by Operator. Section 8 - Covenants by Manager Section 9 - Compensation Section 10- Subordination Section 11- Term of Agreement Section 12- Arbitration Section 13- Agreements Entered Into By Manager Section 14- Miscellaneous MANAGEMENT AGREEMENT THIS AGREEMENT ("Agreement") is by and between SVT CORPORATION, a [New Jersey corporation] with an office at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ("Operator") and CCC OF NEW JERSEY, INC., a New Jersey corporation with an office at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ("Manager") .
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Related to Covenants by Operator

  • Covenants by Executive 5.1 As of the Effective Date, Executive is a party to the Proprietary Information and Additional Covenants Agreement between Executive and Forge (the “PICA”). Subject to § 5.9 below, Executive shall comply with all applicable terms and conditions of the PICA throughout the Term hereof, and hereby agrees to execute and comply with any amendments to or updated versions of the PICA that Forge may require of its officers and employees from time to time. Future amendments or updated versions will be automatically incorporated into this Employment Agreement upon execution thereof and will revise or replace the previous PICA, each such amended or new version of the PICA subject to § 5.9 below, and all references to “PICA” in this Employment Agreement will be interpreted as referring to the then-current version of the PICA executed by the Executive; provided, however, references to “PICA” in § 4.2(c)(4) shall refer to the PICA in effect on the date hereof or any subsequent form of the PICA which Executive explicitly agrees to incorporate into § 4.2(c)(4). Capitalized terms used in this § 5 but not defined in this Employment Agreement will have the meaning provided in the PICA. If there is a conflict between this § 5 and the PICA, this § 5 will control but only with respect to the conflicting provisions and to the extent necessary to resolve the conflict. 5.2 Executive will be subject to a “Restricted Period” beginning on the effective date of the termination or expiration of this Employment Agreement and continuing for 18 months thereafter (or, in the case of Section 5.5, for a period of 12 months thereafter). For purposes of §§ 5.3-5.5 below, Forge expressly includes its successors and assigns, direct and indirect subsidiaries, or any other entity or person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, Forge.

  • COVENANTS OF REGISTRY OPERATOR Registry Operator covenants and agrees with ICANN as follows:

  • Covenants of Party A Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Party A shall use any Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out open Share loans created by Party A or an affiliate of Party A in the course of Party A’s or such affiliate’s hedging activities related to Party A’s exposure under this Confirmation.

  • Covenants Etc Buyer shall have substantially performed and complied with each and every covenant, agreement and condition required by this Agreement to be performed or complied with by it prior to, or at, the Closing Date.

  • Covenants Independent Each restrictive covenant on the part of the Executive set forth in this Agreement shall be construed as a covenant independent of any other covenant or provisions of this Agreement or any other agreement which the Company and the Executive may have, fully performed and not executory, and the existence of any claim or cause of action by the Executive against the Company whether predicated upon another covenant or provision of this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of any other covenant.