Structure of Company Sample Clauses

Structure of Company. 2.1 The Company has been duly incorporated and is validly existing and in good standing under the laws of Hong Kong and has full power, authority and legal right to own its assets and carry on its business as currently conducted and is not in receivership or liquidation, and no petition has been presented for its winding up.
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Structure of Company. The Company together with its Subsidiaries shall have a legal structure and a capital structure, in form, substance and scope reasonably satisfactory to Purchaser.
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Structure of Company. (a) As of the closing: (i) the Company shall own 100% of the issued and outstanding capital stock of Health Valley Company ("Health Valley"), and no person or entity shall have any right to acquire any shares of capital stock or other securities of Health Valley, except the shares of Common Stock of Health Valley issuable to Geor▇▇ ▇▇▇▇▇▇▇▇, ▇▇. pursuant to that certain Option Agreement between Mateljan and Health Valley (the "Seller Option Agreement"). (ii) Health Valley shall own 100% of the issued and outstanding capital stock of Health Valley Foods, Inc. and Health Valley Manufacturing Company (the "Health Valley Companies"). (iii) Health Valley, the Health Valley Companies and Harr▇▇ Trust and Savings Bank ("Harr▇▇") ▇hall have executed that certain Credit Agreement dated as of the date hereof (the "Credit Agreement"), and Harr▇▇ ▇▇▇ll have indicated that the conditions to the funding of the term loan thereunder shall have been satisfied to Harr▇▇'▇ satisfaction. (b) The documents pursuant to which the transactions contemplated by Section 2.9(a) are consummated shall be reasonably acceptable to each Purchaser and such transactions shall have been consummated substantially in accordance with the terms of such documents.
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Structure of Company 
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Related to Structure of Company

  • Structure of Agreement The Trust is entering into this Agreement solely on behalf of the Fund or Funds named herein individually and not jointly. Notwithstanding any to the contrary in this Agreement, no breach of any term of this Agreement shall create a right or obligation with respect to any series of the Trust other than the Fund; (b) under no circumstances shall the Adviser have the right to set off claims relating to the Fund by applying property of any other series of the Trust; and (c) the business and contractual relationships created by this Agreement, consideration for entering into this Agreement, and the consequences of such relationship and consideration relate solely to the Trust and the Fund.

  • Framework Management Structure The Supplier shall provide a suitably qualified nominated contact (the “Supplier Framework Manager”) who will take overall responsibility for delivering the Goods and/or Services required within this Framework Agreement, as well as a suitably qualified deputy to act in their absence. The Supplier shall put in place a structure to manage the Framework in accordance with Framework Schedule 2 (Goods and/or Services and Key Performance Indicators). A full governance structure for the Framework will be agreed between the Parties during the Framework Agreement implementation stage. Following discussions between the Parties following the Framework Commencement Date, the Authority shall produce and issue to the Supplier a draft Supplier Action Plan. The Supplier shall not unreasonably withhold its agreement to the draft Supplier Action Plan. The Supplier Action Plan shall, unless the Authority otherwise Approves, be agreed between the Parties and come into effect within two weeks from receipt by the Supplier of the draft Supplier Action Plan. The Supplier Action Plan shall be maintained and updated on an ongoing basis by the Authority. Any changes to the Supplier Action Plan shall be notified by the Authority to the Supplier. The Supplier shall not unreasonably withhold its agreement to any changes to the Supplier Action Plan. Any such changes shall, unless the Authority otherwise Approves, be agreed between the Parties and come into effect within two weeks from receipt by the Supplier of the Authority’s notification. Regular performance review meetings will take place at the Authority’s premises throughout the Framework Period and thereafter until the Framework Expiry Date (“Supplier Review Meetings”). The exact timings and frequencies of such Supplier Review Meetings will be determined by the Authority following the conclusion of the Framework Agreement. It is anticipated that the frequency of the Supplier Review Meetings will be once every month or less. The Parties shall be flexible about the timings of these meetings. The purpose of the Supplier Review Meetings will be to review the Supplier’s performance under this Framework Agreement and, where applicable, the Supplier’s adherence to the Supplier Action Plan. The agenda for each Supplier Review Meeting shall be set by the Authority and communicated to the Supplier in advance of that meeting. The Supplier Review Meetings shall be attended, as a minimum, by the Authority Representative(s) and the Supplier Framework Manager.

  • Structure a) The committee will meet as necessary at times determined by the Association and TEBA. b) The Association and TEBA shall each bear the cost of their participation in this committee. c) The Association and TEBA will each appoint three (3) representatives to the committee. d) The committee will be chaired jointly.

  • Structure of Assistance The Program is envisioned as a revolving fund. The Program will make a five-year, non-recourse, zero-percent forgivable, non- amortizing loan in which a second lien is recorded on the property. Twenty percent of the loan will be forgiven for each year the loan is outstanding. If the property is sold or refinanced prior to the loan termination date, the Program will recover funds should sufficient equity be available from the transaction. The Program will recycle recovered funds in order to provide additional program assistance until December 31, 2017, at which time any recovered funds will be returned to Treasury.

  • Management Structure Describe the overall management approach toward planning and implementing the contract. Include an organization chart for the management of the contract, if awarded.