Mode of Operations Sample Clauses
The 'Mode of Operations' clause defines the specific procedures, standards, or methods by which parties are required to conduct their activities under the agreement. It typically outlines operational protocols, such as hours of operation, safety requirements, or workflow processes, and may specify the use of certain equipment or adherence to industry standards. By clearly establishing how operations should be carried out, this clause helps ensure consistency, efficiency, and compliance, thereby reducing the risk of misunderstandings or disputes regarding day-to-day activities.
Mode of Operations. 4.1 Party A shall ensure and procure its associates and Party B shall ensure and procure its affiliates to execute the specific products and service contracts in compliance with the principles and terms of this Agreement.
4.2 The respective product and service contracts executed between Party A (and its associates) and Party B (and its affiliates) prior to January 1, 2014 and which are valid after January 1, 2014 and shall be deemed as signed pursuant to the principles and terms of this Agreement. Corresponding amendments shall be made to such contracts if the principles and terms of such contracts are inconsistent with those set out in this Agreement.
4.3 The term of the respective product and service contracts executed pursuant to Articles 1.1.1, 1.1.2 and 1.2.1 to 1.2.4 shall not exceed three years. If the term of these contracts does not exceed three years but the expiry date thereof is later than December 31, 2016, then the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ".
4.4 The terms of the liquefied natural gas contracts and the natural gas contract executed pursuant to Article 1.1.3 of this Agreement shall not exceed 25 years and 20 years respectively, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant tor the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ".
4.5 The term of the specific service contracts executed pursuant to Article 1.2.5 of this Agreement shall not exceed 20 years, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Ko...
Mode of Operations. Professional Indemnity Insurance:
a. Every Web Aggregator shall possess and continue to maintain a Professional Indemnity Insurance Cover with a minimum limit of liability of N20Miliion or 50% of its annual gross commission income (whichever is higher) throughout the validity period of the Licence granted by the Commission.
b. The Indemnity Cover shall be on a yearly basis for the entire period of its licence.
Mode of Operations. 3.1 The Parties and Party B shall ensure and procure its subsidiaries to, if necessary, enter into separate financial service agreements on normal commercial terms and in compliance with the terms of this Agreement, and cause separate financial service agreements to be in accordance with the principles set out in this Agreement and subject to the requirements of the PRC laws and regulations (including but not limited to requirements of the Listing Rules).
3.2 The term of such separate financial service agreements executed pursuant to this Agreement shall not exceed three years. Where the term of such agreement does not exceed three years but the expiry date thereof is later than December 31, 2019, then the following provision shall be incorporated into these agreements: “In the event that CNOOC Limited fails to comply with the applicable requirements under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to connected transactions, unless CNOOC Limited can satisfy the conditions of the relevant exemptions, this contract shall be terminated on December 31, 2019”.
3.3 The financial service agreements which were executed between Party A and Party B or its subsidiaries prior to the effective date of this Agreement and has not expired, shall be valid after this Agreement becomes effective and shall be deemed as separate financial service agreements signed in compliance with the principles and terms of this Agreement. Corresponding amendments, however, shall be made in accordance with the principles and terms of this Agreement if the principles and terms of such agreements are inconsistent with those set out in this Agreement.
Mode of Operations. Rights and Obligations
Mode of Operations. For Rural Lending Products Self Any one Partner Others Either or survivor Any one Trustee Prop./ Auth. Sig. Jointly by all Any Two Jointly As Per Resolution
Mode of Operations. Rights and Obligations of the Parties
Mode of Operations of the Service [This should be submitted as apart of the operational plan]
a) The collection, Transfer and Transportation system desired under work plan is on Build, Operate and Transfer of the immovable/movable infrastructure after a period of 20 years,
b) Payment for work of collection, Transfer and Transportation of Biodegradable and Recyclable waste is on per ton basis, based on criteria of day’s performance specified in the tender c) Based on its micro plan, the successful bidder shall prepare for streetwise plan of doorstep collection indicating generators collection points, waste expected, type of vehicle, vehicle route, , timings of collection, manpower allotted to each vehicle and output expected. Auto Cad Map of the area : Identify vehicle allocation recommended for each area ; device and ▇▇▇▇ routes of the vehicle and equipment; decide on stop and identify transfer point and ▇▇▇▇ on map ; assign route no , timings to each vehicle route. Prepare Summary of Daily Route Plans for all the two types of services Doorstep and on Demand Daily Route wise Plan and Record of Attendance. The results are required to be recorded for every vehicle or equipment trip, every day to ascertain the completion of desired quantity of work with acceptable quality in stipulated time while implementing the system. Identifying Places of Operations and Maintenance Infrastructure