Operating Experience. The Borrower has had at least two years experience operating a business or businesses similar to the Business of the Pledged Store. In addition, each Pledged Store has been operating for at least twelve months.
Operating Experience. Survey Point Holdings began as Southeast Stevedoring in 1952 with Stevedoring services to mainly cargo ships in Southeast Alaska. The growth of the cruise industry in the 1970’s and 1980’s provided an opportunity for Southeast Stevedoring to begin providing agency services to the various cruise lines calling Alaska. Cruise Line Agencies of Alaska grew with the industry and is the main cruise agent for most cruise lines calling Alaska today. Cruise Line Agencies of Alaska has been instrumental in the growing of itineraries and efficient scheduling of cruise ships for the entire State of Alaska. Survey Point Holdings is directly involved in the 1.2 million passengers that call Alaska in 15 ports throughout Alaska. Ports offices include Ketchikan, Wrangell, Petersburg, Sitka, Icy Strait Point, Juneau, Haines, Skagway, Seward, Whittier, Anchorage, Dutch Harbor, and representation in Nome and Barrow. As ship agents the responsibilities and related experiences we bring to this concession agreement are vast. Whether the services be provided to a log ship, ore ship or a passenger vessel our organization provides the following benefits to the communities we serve and the customers: • Xxxxxx and promote an efficient relationship with US Customs and Border Protection • Work with Alaska Department of Environmental Conservation and coordinate registration and seasonal requirements and ensure all ships are registered • Xxxxxx and promote working relationships with US Coast Guard • Work with masters and pilots to ensure vessel traffic and voyage plans conform to each unique port/region/zone requirements • Monitoring of required state/local licenses • Members of various boards and commissions that promote tourism industry and/or in the interests of cruise lines: Alaska Alliance for Cruise Travel, Alaska Travel Industry Association, CLIA Alaska, Ketchikan CVB, Juneau CVB, Sitka XXX, Xxxxxxx XXX, Board of Marine Pilots, Local Emergency Planning Committees, Alaska Steamship Association, SEAPRO, Local Ports and Harbors Commission, Alaska Steamship Response. • Promotion of charity work in each port • Work closely with Ports and Harbors management in various communities served by the cruise lines to continually update and improve port facilities • Work closely with local governments and port authorities on the scheduling of all cruise lines statewide in the most efficient manner for all ports. • Alaska Steamship Response: trained key-employees in Incident Management and HAZWPR ...
Operating Experience. During the term of this Security Agreement, the Dealer Principal at each Property shall be identified in the related Franchise Agreement and there will be no changes in the Dealer Principal of a Property without the following criteria being met: (1) the new Dealer Principal shall have at least ten year's experience as a dealer or general manager; (2) the new Dealer Principal shall be approved in advance by the Franchisor; and (3) the new Dealer Principal shall be of acceptable character and moral standing to the Secured Party.
Operating Experience. 4 2.14 Financial Coverages.................................................................. 4 2.15 Limitation on Indebtedness, Realty and Personalty Charges, and Payments to Affiliates........................................................................... 5 2.16 Title; Sufficiency; No Liens......................................................... 5 2.17
Operating Experience. The Key Individuals are involved in the management of the Units and have not less than two years experience operating the Business or a business similar to the Business.
Operating Experience. Both of the Control Persons are actively involved in the Business, and the Control Persons have, in the case of Xxxx X. Xxxxxx, not less than 30 years, and, in the case of A. Xxxxx Xxxxxx, not less than 17 years of experience operating the Business.
Operating Experience. The Borrower has had at least three (3) years' experience operating a business or businesses similar to the Business of the Pledged Store.
Operating Experience. The individuals with primary responsibility -------------------- for on-site management at each Property have and shall have, in the aggregate, an average of not less than three (3) years experience operating the Business or a business substantially similar to the Business and no individual with primary responsibility for on-site management at any Property has or shall have less than three (3) years experience operating the Business or a business substantially similar to the Business. In addition, (i) Borrower's Businesses at the Properties have each been operating for not less than twelve (12) months, and (ii) the operating statements for the Business at all Properties, in the aggregate, demonstrate that the per store average operating cash flow is sufficient to make the per store average monthly payment on the Obligations, Principal Agreements, Leases and projected operating expenses.
Operating Experience. Borrower or its Business manager has had not less than two years experience operating businesses such as the Business in one or more
Operating Experience. 35 a. A pilot who is assigned to OE will, at his election, be paid and credited the value of:
