Review of Operations Clause Samples
Review of Operations. Each Lender may, so long as any amount is outstanding under the Note issued to it, directly or through its representatives, review, during normal business hours and upon reasonable notice to Borrower, the premises and books and records of Borrower to the extent it deems necessary or advisable to familiarize itself with such premises and other matters; such review, and the reviews made by such Lender or its representatives prior to the date of this Agreement, shall not, however, affect the representations and warranties made by Borrower in this Agreement or the remedies of such Lender for breaches of those representations and warranties.
Review of Operations. The Agent shall have completed a review of the operations of the Loan Parties (including, without limitation, an on-site review of the financial statements, financial reporting and computer systems and inventory, receivables, and equipment by the Agent), each in scope, and with results, satisfactory to the Agent; without limiting the generality of the foregoing, the Agent shall have been given such access to the management, records, books of account, schedules, projections, contracts and properties of each Loan Party as it shall have requested.
Review of Operations. The County may monitor and conduct an evaluation of operations funded. An evaluation may include a visit from County personnel to observe and review the Agency’s financial reports and materials relating to the activities financed.
Review of Operations. At least quarterly, meet or confer with Lender to fully review Borrower's operations, budgets and strategic plans, to provide Lender with advance notice (i) if, in any given fiscal year, legal fees of the Borrower expected to exceed $500,000.00, (ii) the occurrence of any event involving the Borrower, which has occurred outside of the Borrower's ordinary course of business, including, by way of example and not limitation, any extraordinary or material events.
Review of Operations. Aztec's volume for fiscal 1999 grew to $80.9 million, a 7% increase over the prior year. Manufactured Products sales accounted for 57% of our volume, while Services represented 43%. This compares to a mix in fiscal 1998 of 60% Manufactured Products and 40% Services. Our Manufactured Products consist of our electrical and tubular products operations, while our Services consist of hot dip galvanizing, primarily to steel fabricators. The distribution of revenue between Manufactured Products and Services has been an integral part of the growth strategy of the Company. Since the acquisition of the first electrical company in 1990, Aztec has maintained a strategy to grow the Manufactured Products with a combination of internal growth and acquisitions. Simultaneous with the strategy of growth in Manufactured Products, our growth strategy has seen the Services Segment increase from five galvanizing plants to ten. This has been accomplished by acquisitions and the building of a new facility. While market conditions and acquisitions can change the mix from year to year, we remain committed to the strategy of growing both simultaneously. A discussion of the operating results by segment and operations within that segment is presented below.
Review of Operations. CITY may monitor and conduct an evaluation of activities funded by the Grant. Such evaluation may include a visit from CITY personnel to observe the activities funded by the Grant, to discuss said activities with the Grantee's personnel, and/or to review financial and other records and materials relating to the activities financed or facilitated by the Grant. In addition, upon CITY's providing of reasonable advance notice, the CITY Principal Contact shall be permitted to attend at least one Board meeting of the Grantee a year.
Review of Operations. 27 5.2 Confidentiality........................................27 5.3 Conduct of Business....................................28 5.4 Supplements to Schedules...............................30 5.5 Authorization and Reservation of Common Stock..........30 5.6 Expansion of Board of Directors; Observer..............31 5.7 Publicity..............................................31 5.8 Expenses...............................................31 5.9 Cooperation............................................31
Review of Operations. Prior to the Closing Date, FCHN may, at its own expense, direct its employees, accountants and legal advisers to conduct due diligence on such operations and financial matters of Seller related to the PPO Washington Division Business as FCHN deems appropriate. Seller agrees to grant reasonable access to all documents and Seller personnel related to the PPO Business to assist FCHN in its due diligence review. Seller acknowledges that FCHN's agreement to purchase the Assets under this Agreement is premised upon the reasonable accuracy in all material respects of the financial information for the PPO Washington Division Business previously delivered to FCHN and to be reviewed pursuant to FCHN's due diligence, and upon the warranties made by Seller under Sections 3.6, of this Agreement. In the event FCHN's due diligence reveals that the financial information on which its proposal is based is materially inaccurate, FCHN reserves the right to terminate this Agreement upon written notice to Seller not later than November 15, 1998, or to attempt to renegotiate the Purchase Price. _Material_ changes shall be those which result in a decrease of 5% or more in the gross revenue to the PPO Business. If this transaction as contemplated fails to close for any reason, all documents, and other information of Seller provided to FCHN or its advisors or other representatives, including all copies thereof, shall forthwith be returned to Seller
Review of Operations. The following table summarizes Paramount’s average daily sales volumes by COU for the three months ended September 30, 2006 and June 30, 2006: Kaybob 15.6 14.0 11 Grande Prairie 13.8 14.6 (5 ) Northwest Alberta / Cameron Hills, Northwest Territories 24.3 25.6 (5 ) Northwest Territories / Northeast British Columbia 11.0 11.6 (5 ) Southern 14.8 15.1 (2 ) Northeast Alberta 1.9 2.3 (17 ) Total 81.4 83.2 (2 ) Kaybob 412 511 (19 ) Grande Prairie 699 532 31 Northwest Alberta / Cameron Hills, Northwest Territories 1,327 979 36 Northwest Territories / Northeast British Columbia 43 20 115 Southern 1,419 1,370 4 Northeast Alberta 1 11 (91 ) Total 3,901 3,423 14 Kaybob 3,022 2,850 6 Grande Prairie 2,995 2,968 1 Northwest Alberta / Cameron Hills, Northwest Territories 5,376 5,253 2 Northwest Territories / Northeast British Columbia 1,874 1,954 (4 ) Southern 3,882 3,885 - Northeast Alberta 322 387 (17 ) Total 17,471 17,297 1 Third quarter 2006 sales volumes for the Kaybob COU averaged 3,022 Boe/d; comprised of 15.6 MMcf/d of natural gas and 412 Bbl/d of crude oil and natural gas liquids. Average sales volumes were up six percent from second quarter 2006 average sales volumes of 2,850 Boe/d. Capital expenditures for the third quarter of 2006 were $42.1 million, focused mainly on drilling, completions and facilities work. During the third quarter, Paramount participated in the drilling of 17 gross (8.1 net) ▇▇▇▇▇, all of which were cased for potential gas production. One of these ▇▇▇▇▇ is currently producing and the others are awaiting either wellbore completions or the installation of lease equipment and pipelines. Fourteen of the seventeen ▇▇▇▇▇ drilled in the third quarter were in the Resthaven, Smoky, Musreau and Kakwa areas. The Kaybob COU continues to focus the majority of its investments in the Resthaven, Smoky, Musreau and Kakwa areas which all have large resource, multi-zone potential, and are areas where Paramount maintains high working interests in large contiguous land blocks. Paramount expects to continue with significant drilling, completion and construction activity for the remainder of the year as we actively manage our activities to limit land expiries in these core areas. Regulatory approvals were received near the end of the third quarter for three applications allowing for commingling of natural gas from more than one producing formation. Two of the approvals were for individual ▇▇▇▇▇ which have resulted in incremental production of 0.7 MMcf/d net earl...
Review of Operations. Purchaser may, prior to the Closing Date, directly or through its representatives, review, during normal business hours and upon reasonable notice to the Company, the premises and books and records of the Company to the extent it deems necessary or advisable to familiarize itself with such premises and other matters; such review, and the reviews made by Purchaser or its representatives prior to the date of this Agreement, shall not, however, affect the representations and warranties made by the Company in this Agreement or the remedies of Purchaser for breaches of those representations and warranties.