Fully automatic Sample Clauses

Fully automatic. A fully automatic system is a parking system where all the processes of conveying to/from and parking/retrieving of the vehicle within the parking structure beyond a designated entry area is fully mechanized. It is presumed that there is no human involvement with the vehicle (either by the owner or of parking or retrieving the vehicle from the storage area) Provided that the Concessionaire shall ensure the technology chosen is (a) Appropriate to the site and ground situation. (b) Accommodates the number of Equivalent Car Space (ECS) proposed (c) Has a precedent for use in a project of similar nature and size (d) Is supported by the technology/service provider for design, supply, implementation and on going maintenance (e) Addresses all issues of safety, including fire safety, operational safety, and environmental safety (f) Does not add to circulation problems for pedestrians and traffic in the contiguous area (g) In case of Semi automatic and Fully Automatic, shall have full support from the system provider during the system installation and Operation and Maintenance stage At the time of Hand-back of Project Facilities, CoC desires to take over an asset that would ▪ have the most appropriate technology under the circumstances ▪ be operationally the most safe and convenient design ▪ environmentally the most friendly and aesthetic structure. Towards satisfying this objective, the Table 2.1 below lists the technical parameters that the Concessionaire shall comply with while selecting the appropriate technology and while designing the facilities there under. Table 2.1 is not exhaustive and it shall be the obligation of the Concessionaire to adhere to all applicable norms and good industry practices in the design of the Project Facilities. The Concessionaire would be expected to adhere to all the relevant set of covenant(s) that would relate to the technology option(s) that is offered for the Project. The parameters listed in the table would co-exist with the approved detailed project report as per the terms and conditions in this Agreement. They shall be read with and applied in conjunction with the development control norms, as appropriate. Any deviations, from these parameters, however, being within the compliance of the approved development control norms, shall be accepted by CoC only at its sole discretion.
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Fully automatic autonomous
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Related to Fully automatic

  • No Public Offering No "offer of securities to the public," within the meaning of Spanish law, has taken place or will take place in the Spanish territory in connection with the Restricted Stock Units. The Plan, the Agreement (including this Addendum) and any other documents evidencing the grant of the Restricted Stock Units have not, nor will they be registered with the Comisión Nacional del ▇▇▇▇▇▇▇ de Valores (the Spanish securities regulator) and none of those documents constitute a public offering prospectus.

  • NO REGISTRATION AS A DEALER The Investor is not and will not be required to be registered as a "dealer" under the 1934 Act, either as a result of its execution and performance of its obligations under this Agreement or otherwise.

  • If there is a permitted secondary offering (1) If the Issuer is an emerging issuer and you have sold in a permitted secondary offering 10% or more of your escrow securities, your escrow securities will be released as follows: For delivery to complete the IPO All escrow securities sold by you in the permitted secondary offering 6 months after the listing date 1/6 of your remaining escrow securities 12 months after the listing date 1/5 of your remaining escrow securities 18 months after the listing date 1/4 of your remaining escrow securities 24 months after the listing date 1/3 of your remaining escrow securities 30 months after the listing date 1/2 of your remaining escrow securities 36 months after the listing date your remaining escrow securities *In the simplest case, where there are no changes to the remaining escrow securities upon completion of the permitted secondary offering and no additional escrow securities, the release schedule outlined above results in the remaining escrow securities being released in equal tranches of 16 2/3%. (2) If the Issuer is an emerging issuer and you have sold in a permitted secondary offering less than 10% of your escrow securities, your escrow securities will be released as follows: For delivery to complete the IPO All escrow securities sold by you in the permitted secondary offering On the listing date 1/10 of your original number of escrow securities less the escrow securities sold by you in the permitted secondary offering 6 months after the listing date 1/6 of your remaining escrow securities 12 months after the listing date 1/5 of your remaining escrow securities 18 months after the listing date 1/4 of your remaining escrow securities 24 months after the listing date 1/3 of your remaining escrow securities 30 months after the listing date 1/2 of your remaining escrow securities 36 months after the listing date your remaining escrow securities *In the simplest case, where there are no changes to the remaining escrow securities upon completion of the permitted secondary offering and no additional escrow securities, the release schedule outlined above results in the remaining escrow securities being released in equal tranches of 16 2/3% after completion of the release on the listing date.

  • Participation in Public Offering No Person may participate in any Public Offering hereunder unless such Person (a) agrees to sell such Person’s securities on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably required under the terms of such underwriting arrangements and the provisions of this Agreement in respect of registration rights.

  • Duly Authorized The issuance of the Acquiror Company Shares has been duly authorized and, upon delivery to the Shareholders of certificates therefor in accordance with the terms of this Agreement, the Acquiror Company Shares will have been validly issued and fully paid, and will be nonassessable, have the rights, preferences and privileges specified, will be free of preemptive rights and will be free and clear of all Liens and restrictions, other than Liens created by the Shareholders and restrictions on transfer imposed by this Agreement and the Securities Act.