Permitted Activity Sample Clauses
The Permitted Activity clause defines the specific actions or uses that are allowed under an agreement, typically in relation to property, intellectual property, or a licensed asset. It outlines what the party may do, such as operating a certain type of business on leased premises or using software within defined parameters. By clearly stating what is permitted, this clause helps prevent disputes over unauthorized activities and ensures both parties have a mutual understanding of acceptable conduct.
Permitted Activity. The Parties agree that during the Term, Executive may continue to provide consulting services to ▇▇▇▇▇▇ & Co. (the “Permitted Activity”) at the same levels and in the same manner as Executive provided such services immediately prior to the Effective Date.
Permitted Activity. This Agreement has been duly authorized, executed and delivered by the Backup Servicer and the performance and compliance with the terms of this Agreement will not violate the Backup Servicer’s articles of association or bylaws or constitute a default (or an event, which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material contract, indenture, lease, credit agreement or any other agreement or instrument to which the Backup Servicer is a party to which may be applicable to the Backup Servicer or any of its assets.
Permitted Activity. No commercial or revenue-producing activities shall be conducted from any Hangar, parking or storage space without advance written approval of the City. Tenant’s use of the Hangar shall be restricted to only the storage of the Permitted Aircraft and any equipment incidental thereto.
Permitted Activity. Nothing contained in this Section 15 shall limit or restrict the Executive from seeking or discussing an employment, consulting or other business relationship with any third party, including any party engaged in the Business; it being acknowledged and agreed that prior to entering into any such relationship that would violate the terms of this Section 15 Executive must obtain the written consent of the Company. Any request for such a consent shall be furnished in writing in accordance with Section 21 hereof.
Permitted Activity. Nothing contained in this Agreement shall limit Shareholder from taking any of the actions otherwise prohibited in Section 3.1 of this Agreement in connection with any meeting of shareholders of the Company, other than the election of directors at a Holding Period Meeting, including, without limitation, submitting business proposals, requesting a shareholder list and related information, or taking any other action related to the solicitation of proxies or written consents or making any public filings or announcements in furtherance thereof. For the avoidance of doubt, nothing in this Agreement prohibits Shareholder from nominating directors to be voted on at a shareholders meeting of the Company that is to be held after the expiration of the Holding Period. The Company agrees that the 2008 Annual Meeting will be held no earlier than end of the Holding Period.
Permitted Activity. The Parties agree that nothing in this Agreement, including Section 11, prohibits them or may be read to prohibit them from exercising protected rights under Section 7 of the National Labor Relations Act, if applicable, or from reporting any good faith allegation of unlawful employment practices to any appropriate federal, state, or local government agency enforcing discrimination laws. Further, nothing in this Agreement shall prohibit, or be interpreted to prohibit, Executive’s ability to testify, assist, or participate in an investigation, hearing, or proceeding conducted by, or to file a charge or complaint with, the National Labor Relations Board, U.S. Equal Employment Opportunity Commission, the Securities and Exchange Commission, the U.S. Department of Labor, or any other federal, state, or local agencies. These agencies have the authority to carry out their statutory duties by investigating the charge or complaint, issuing a determination, filing a lawsuit in federal or state court in their own name, or taking any other action authorized by law. However, Executive is precluded from receiving monetary compensation or other individual relief (including backpay, front pay, reinstatement or other legal or equitable relief) as a result of any such action for which their Claims have been waived herein, and, therefore, Executive expressly agrees that, by signing this Agreement, he is irrevocably waiving and forfeiting any right to recover any monetary compensation or other relief as a result of any such action for which Executive’s Claims have been waived herein.
Permitted Activity. Operator is granted authorization to conduct skydiving jumps at the Airport using the designated PLA subject to the terms and conditions of this Permit.
Permitted Activity. Notwithstanding anything to the contrary ------------------ contained herein, nothing in this Agreement shall be deemed to prohibit Debtor from retaining, using, licensing, moving, selling or disposing of or otherwise taking any actions with respect to the Collateral or the Pledged Collateral (a) in the ordinary course of business or (b) to raise funds to pay a Secured Obligation.
Permitted Activity. A “Permitted Activity” means any activity that (i) occurs in the Ordinary Course of Business to the extent the proposed activity does not occur as a result of an expansion of the Project or a change in the use of the Purchased Assets from a cogeneration facility to an alternate use or due diligence conducted by a future purchaser or financing source; (ii) is consistent with the activities conducted under a Phase 1 Level Environmental Inspection; (iii) is required by an Environmental Law or in response to an unsolicited request of a Governmental Authority; (iv) is conducted by Buyer in connection with repairs, modifications, maintenance or construction activities
Permitted Activity and
1.1. PERMITTEE's modifications to the FACILITY, as described in and authorized by the FLOOD PERMIT, shall hereinafter be referred to as the "PERMITTED ACTIVITY".
1.2. PERMITTEE shall operate and maintain the PERMITTE ACTIVITY in a safe, clean, and orderly condition at all times, and in a manner that will not interfere with the operation or maintenance of the FACILITY by DISTRICT. PERMITTEE shall obtain a separate permit from DISTRICT prior to performing any substantial repair work or any replacement or
1.3. In the event PERMI TEE breaches P RMITTEE's obligations described in Section 1.2, or any of them, the following shall apply:
1.3.1. In t e eve t PERMITTEE fails to cure such breach within the time specified by DISTRICT in a written notice to PERMITTEE describing said breach, or within such other time period as may be agreed to by DISTRICT, DISTRICT may, in its sole discretion, take any and all actions reasonably necessary to prevent or mitigate any interference with DISTRICT's operation or maintenance of the FACILITY that may result from PERMITTEE's breach.
1.3.2. Notwithstanding subsection 1.3.1, above, when immediate action is n cessary to prevent injury to persons or damage to property or the environment caused by PERMITTEE's breach, DISTRICT may, in its sole discretion, take such immediate action without prior notice to PERMITTEE; provided, however, that DISTRICT shall provide notice to PERMITTEE as soon thereafter as is reasonably practical.
1.3.3. If DISTRICT takes action(s) under subsections 1.3.1 or 1.3.2, above, DISTRICT shall submit a billing invoice to PERMITTEE indicating the costs and expenses reasonably incurred by DISTRICT in connection with said action(s) and PERMITTEE shall reimburse DISTRICT all such costs and expenses within thirty (30) days of the billing invoice.
1.4. PERMITTEE acknowledges that other than the acquisition of the 408 PERMIT, the acquisition of any permits or other approvals for the operation and maintenance of the PERMITTED ACTIVITY required by other affected public agencies, and the consent of any af ected o ners or easement holder(s) other than the DISTRICT, are the responsibility of the PERMITTEE.
1.5. If PERMITTEE proposes to change the scope of the PERMITTED ACTIVITY from the plans and specifications that were approved in connection with the FLOOD PERMIT, PERMITTEE shall submit revised plans and specifications with the prop sed revisions clearly identified, to