OPERATION GENERALLY Sample Clauses

The "Operation Generally" clause defines the overall manner in which the agreement or contract will be carried out. It typically outlines the general procedures, standards, or principles that govern the parties' actions under the contract, such as timelines for performance, methods of communication, or the application of industry standards. By establishing a baseline for how the contract operates, this clause ensures consistency and clarity in the execution of the agreement, helping to prevent misunderstandings and disputes about general obligations.
OPERATION GENERALLY. After the Spin-Off and until the Closing, ▇▇▇▇▇▇▇▇ will (a) with respect to Station Assets, keep books of account, records, and files substantially in accordance with the practices of ▇▇▇▇▇▇▇▇ Holdings and its Subsidiaries with respect to such assets of such type prior to the Spin-Off, (b) promptly execute and timely file any applications reasonably required for renewal of the FCC Authorizations, (c) timely file (taking into account any extensions of which ▇▇▇▇▇▇▇▇ may avail itself) true, correct and complete federal, state, local and foreign tax returns and tax reports required to be filed by ▇▇▇▇▇▇▇▇, (d) fully pay all federal, state, local and foreign income, profits, franchise, sales, use, occupation, property, excise and other taxes (including interest and penalties) due and payable by ▇▇▇▇▇▇▇▇, (e) to the extent necessary to the conduct of its business: use reasonable efforts to (i) perform its obligations under all Station Contracts to which it is a party, (ii) preserve the Station Assets held by it, and (iii) maintain in full force and effect the FCC Authorizations, and (f) maintain property damage insurance in such amounts, and insuring against such risks, as ▇▇▇▇▇▇▇▇ may reasonably request.
View SourceView Similar (3)
OPERATION GENERALLY. Commencing on the Commencement Date, the Company, shall operate, maintain, manage, repair and replace the Wastewater System and perform all other Operation Services under this Agreement in accordance with the Operating Standards. The Company will be responsible for providing all vehicles and rolling stock necessary to perform the Operating Services, provided, however, that the Borough will make available to the Company certain vehicles and rolling stock as described in Appendix 1 in “as is” condition.
View SourceView Similar (2)
OPERATION GENERALLY. Following the Operations Commencement Date, the Managed Assets shall be operated and maintained by the Company except the scale house, which shall be operated by the County and maintained by the Company, Any Landfill gas management system shall be operated and maintained by the County. . The Company shall operate and maintain all other Managed Assets in a good, environmentally sound, reliable, safe and workmanlike manner and in accordance with Good Industry Practices. The Company's operation shall be in accordance with the terms of this Agreement, the DENR approved Operation and Maintenance Manual, the rules set forth in 15A NCAC 1313.1.626 and the Contract Standards. The Company shall use all reasonable efforts to transfer to and apply at the Managed Assets the benefit of the advances and improvements in technology, management practices and operating efficiencies that are developed by the Company, the Guarantor and their Affiliates conducted over the full Term of this Agreement, and which are useful and appropriate in the good faith judgment of the Company for carrying out the Contract Services in a manner which improves upon the Contract Standards.
View Source
OPERATION GENERALLY. Commencing on the Effective Date, the Company shall operate and maintain the Facilities in accordance with the requirements of this Agreement, including in compliance with the Contract Standards. During the Term, the Company shall not use or permit the use of the Facilities for any purposes other than those contemplated by this Agreement.
View Source
OPERATION GENERALLY. Following the Commencement Date, the Managed Assets shall be operated and maintained by the CONTRACTOR, excepting the truck scales and scale house, which shall be maintained by the COUNTY. The CONTRACTOR shall maintain the Managed Assets in good working order, condition and repair, in a neat and orderly condition and in material accordance with Good Industry Practice and shall maintain the aesthetic quality of the Managed Assets as originally constructed.
View Source

Related to OPERATION GENERALLY

  • Management Generally The management of the Company shall be vested exclusively in the Managing Member. Except as authorized by the Managing Member, or as expressly set forth in this Agreement, the Non-Managing Members shall have no part in the management of the Company, and shall have no authority or right to act on behalf of the Company in connection with any matter. The Managing Member, and any Affiliate of the Managing Member, may engage in any other business venture, whether or not such business is similar to the business of the Company, and neither the Company nor any Non-Managing Member shall have any rights in or to such ventures or the income or profits derived therefrom.

  • Termination Generally If the Executive’s employment with the Company is terminated for any reason, the Company shall pay or provide to the Executive (or to his authorized representative or estate) (i) any Base Salary earned through the Date of Termination, unpaid expense reimbursements (subject to, and in accordance with, Section 2(c) of this Agreement) and unused vacation that accrued through the Date of Termination on or before the time required by law but in no event more than 30 days after the Executive’s Date of Termination; and (ii) any vested benefits the Executive may have under any employee benefit plan of the Company through the Date of Termination, which vested benefits shall be paid and/or provided in accordance with the terms of such employee benefit plans (collectively, the “Accrued Benefit”).

  • Property Generally Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal Property material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

  • Services Generally Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably requested by the Company, the Service Provider shall render to the Company, by and through such of the Service Provider’s officers, employees, independent contractors, consultants, agents, representatives and affiliates as the Service Provider, in its sole discretion, may designate from time to time, support and administrative services (collectively, the “Services”), including research, due diligence, transaction process management and execution, information technology, public and investor relations, legal, facilities management, back office, vendor management, accounting, book and record keeping, cash management, secretarial services and other services in connection with identifying and evaluating potential initial Business Combination targets that the Service Provider may recommend to the Company; provided that the Service Provider shall not provide any investment advice to the Company.

  • Plan Termination Generally This Agreement may be terminated only by a written agreement signed by the Bank and the Executive. The benefit shall be the Accrual Balance as of the date this Agreement is terminated. Except as provided in Section 8.3, the termination of this Agreement shall not cause a distribution of benefits under this Agreement. Rather, upon such termination benefit distributions will be made at the earliest distribution event permitted under Article 2 or Article 3.