Part 4 Clause Samples
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Part 4. 16(a) of the Company Disclosure Schedule contains a correct and complete list identifying each material Company Employee Plan. With respect to each material Company Employee Plan, the Company has Made Available to Parent correct and complete copies of (where applicable): (i) the most recent determination, opinion, or advisory letter, if any, from the United States Internal Revenue Services (“IRS”) for any Company Employee Plan that is intended to qualify pursuant to Section 401(a) of the Code; (ii) the plan documents (or, with respect to any unwritten material Company Employee Plan, a written summary of the material terms thereof), together with all amendments thereto, (iii) summary plan descriptions, together with any summaries of material modifications; (iv) any related trust agreements or other funding instruments and all amendments thereto; (v) any material correspondence to or from any Governmental Authority within the past three years, including any materials relating to any government investigation or audit or any submissions under any voluntary compliance procedures; (vi) the most recent annual report required to be filed with any Governmental Authority; (vii) the two most recently prepared actuarial valuation reports; and (viii) the most recently prepared financial statements.
Part 4. In addition to Parts 1, 2 and 3, Tenant may, at its option by written notice delivered to Landlord on or prior to the Commencement Date, also lease from Landlord all, or the following described portions of, floors 22, 23 and 24 of the Building. To the extent that Tenant does not lease all of floors 22, 23 and 24 pursuant to this Paragraph 32.A., Tena▇▇'▇ ▇ption hereunder shall apply first to space on the 24th floor, then the 23rd floor and, then the 22nd floor; and if Tenant leases less than a full floor hereunder, it shall lease not less than five thousand (5,000) square feet of Rentable Area on either the 23rd and 24th floors and not less than ten thousand (10,000) square feet of Rentable Area on the 22nd floor (such partial floor space to be in such location, size and configuration on the floor as Tenant shall designate, subject to Landlord's approval, which shall not be unreasonably withheld or delayed). Any space leased under the provisions of this Paragraph 32.A. shall be designated as "PART 4" of the Premises and shall be leased to Tenant upon the same terms as those applicable to Part 3 (subject, however, to necessary adjustments of the Part 4 Commencement Date and references to time periods to reflect the actual date of substantial completion and occupancy of Part 4) except that the Part 4 Term shall be adjusted so as to end on the same date as the Part 3 Term. Tenant shall be entitled to have constructed on Part 4 at Landlord's cost in accordance with the Work Letter tenant improvements of the same scope, quality and nature as are to be constructed on floor 31 of the Premises.
Part 4. Financial Evaluation
Part 4. 10(i) of Aprion Disclosure Schedule contains a true, correct and complete copy of Aprion and its subsidiaries standard warranty or warranties for sales of their products or services rendered and, except as stated therein, there are no (i) warranties, commitments or obligations with respect to the return, repair, or replacement of products, (ii) commitments or undertakings by Aprion or its subsidiaries to refund all or part of the amount paid to them in respect of such products or services or (iii) provisions for extended warranty period. There are no defects in such products, of which Aprion is aware, that would materially and adversely affect, in the short term and for the life of the product, their performance or create an unusual risk of injury to property. The products have been designed and manufactured so as to meet and comply with all applicable governmental standards and specifications currently in effect in all material respects (as applicable to the manner in which its business is currently conducted), and have received all governmental approvals necessary to allow their sale and use.
Part 4. Communicate results We will communicate our findings and results both via a final report to BEIS and a model training session. In addition, we would be happy to support BEIS in other relevant activities, e.g.: • Presentations of the analysis and policy implications to internal and external stakeholders • Workshops with internal stakeholders to demonstrate findings in practice, e.g. via “war gaming” sessions, whereby participants act as bidders in AR4 in pre-specified auction sce- narios. This exercise communicates findings in a tangible manner and facilitates discus- sion of policy decisions based on a common understanding of auction mechanics • Production of key graphs/figures/infographics to communicate important findings in an easily digestible way We are happy to discuss the potential scope and budget of such activities with BEIS as relevant. interpretation of averages and ranges. However, we would not recommend too large of a sample size for two reasons: 1. This might provide visibility to extreme tail outcomes which cannot be considered relevant for all intents and purposes, and 2.
Part 4. Description Choices Value
Part 4. On the first Business Day as of which all of the steps set out in Part 1, Part 2 and Part 3 of this Schedule 3 have been completed, the Completion will be deemed consummated and:
Part 4. Product development at the system level, Clause 6.4.2.3 „For each safety mechanism that enables an item to achieve or maintain a safe state the follow- ing shall be specified: a) the transition to the safe state; b) the fault tolerant time interval; c) the emergency operation interval, if the safe state cannot be reached immediately; and d) the measures to maintain the safe state.” Recommendation: This requirement should be represented in a checklist to be used in the de- sign level modeling ("For each safety mechanism represented in a design model, have the fol- lowing been specified?...").
Part 4. 16(a) of the Company Disclosure Schedule contains a correct and complete list identifying, to the extent material, each Company Employee Plan. “Company Employee Plan” means (i) each “employee benefit plan,” as defined in Section 3(3) of ERISA (whether or not subject to ERISA), (ii) each employment, severance or similar contract, plan, arrangement or policy and (iii) each other plan or arrangement providing for compensation, bonuses, profit-sharing, stock option or other stock-related rights or other forms of incentive or deferred compensation, insurance (including any self-insured arrangements), health or medical benefits, employee assistance program, disability or sick leave benefits, supplemental unemployment benefits, severance benefits and post-employment or retirement benefits (including compensation, pension, health, medical or life insurance benefits), other than, in the case of clause (ii), any such contract, plan, arrangement or policy that is terminable “at will” (or following a notice period imposed by Applicable Law) without any contractual obligation on the part of the Company or any Subsidiary of the Company to make any severance, termination, change in control, or similar payment, which, in each case, is maintained, administered or contributed to by the Company or any Subsidiary of the Company or with respect to which the Company or any Subsidiary of the Company could incur material liability; provided, however, in the case of clause (ii), each contract, plan, arrangement or policy that provides any contractual obligation on the part of the Company or any Subsidiary of the Company to make any severance, termination, change in control or other similar payment in excess of $100,000 shall be considered a material Company Employee Plan.