Assets and Operations Sample Clauses

Assets and Operations. In the event that the Company intends to do any invasive testing at the Delta 1 Assets and Operations, the prior written consent of the Grantors, acting reasonably, shall be required. Any damage caused to the Delta 1 Assets and Operations solely as a result of the Company’s entry upon the Delta 1 Assets and Operations or as a result of tests carried out by the Company or its representatives at the Delta 1 Assets and Operations (absent the negligence or willful misconduct of the Grantors or their employees, agents or representatives) shall be promptly repaired by the Company, at its sole cost and expense.
Sample 1Sample 2Sample 3See All (4)
Assets and Operations. Substantially all of the assets reflected in the balance sheet included in the filings with the SEC of SMPL are owned by Buyer and Buyer’s direct or indirect Subsidiaries.
Sample 1
Assets and Operations. The Company has conducted no business operations, other than to enter into and consummate the Eastern Agreement, and has no assets except for the Eastern Agreement and the stock of SRP and AWS.
Sample 1
Assets and Operations. 9.1 All assets used or held by the Company in connection with its business are: (a) legally and beneficially owned by the Company free from Encumbrances (except for assets subject to hire purchase or finance lease agreements); (b) used exclusively by the Company; and (c) (where capable of possession) in the exclusive possession or under the direct control of the Company. 9.2 The Disclosed Information contains full and accurate details (or copies) of each hire purchase or finance lease agreement under which any asset is used or held by the Company. 9.3 The assets owned or used by the Company comprise all the assets and operations necessary for the continuation of the Company’s business as currently carried on. The Company does not depend on the use of assets owned, or services provided by, any member of the Seller Group.
Sample 1
Assets and Operations. (a) The demise of the Delta 2 Assets and Operations to the Company pursuant to the terms of the lease entered into as of March 29, 2019 by Village Farms and Village Farms Canada Limited Partnership, as landlord, and the Company, as tenant, shall constitute Share Capital and shall be deemed to have a value of $25,000,000.00 and the Company has issued Village Farms an additional 25,000,000 Shares in respect of such Share Capital on such date; (b) The $2,500,000 contributed as of March 29, 2019 by Emerald pursuant to the Delta 2 Call Agreement shall constitute Share Capital and the Company has issued Emerald an additional 2,500,000 Shares in respect of such Share Capital on such date; and (c) The Balance (as defined in the Delta 2 Call Agreement) to be contributed by Emerald pursuant to the Delta 2 Call Agreement shall constitute Share Capital as and when contributed to the Company in accordance with the Delta 2 Call Agreement and the Company has issued to Emerald an additional 22,500,000 Shares, which Shares were delivered in escrow directly to the escrow agent pursuant to the Escrow Agreement (the “D2 Escrow Agreement”) dated March 29, 2019 among Emerald, Village Farms and Torys LLP in respect thereof, Such Shares to be released from escrow pursuant to the terms of the D2 Escrow Agreement as and when the Balance is contributed, with one Share released from escrow concurrent with each $1.00 of the Balance contributed to the Company.
Sample 1
Assets and Operations. As of the date hereof, the Company has no operations and, except for the membership interests of, or other equity or voting interests in, its Subsidiaries, the Company does not own, directly or indirectly, any other assets.
Sample 1

Related to Assets and Operations

  • Business and Operations Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

  • Management and Operations Promotes the learning and growth of all students and the success of all staff by ensuring a safe, efficient, and effective learning environment, using resources to implement appropriate curriculum, staffing, and scheduling

  • Management and Operations of Business Except as otherwise expressly provided in this Agreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; the Limited Partner shall not have any power to control or manage the Partnership.

  • Management and Operation 6.01 Management of Partnership Affairs 16 6.02 Duties and Obligations of General Partner 17 6.03 Release and Indemnification 17 6.04 Power of Attorney 18

  • Use and Operation 3.1 Permitted Use ......................................................................................................

  • Management and Operation of Business Section 7.1 Management 59 Section 7.2 Replacement of Fiduciary Duties 61 Section 7.3 Certificate of Limited Partnership 61 Section 7.4 Restrictions on the General Partner’s Authority 62 Section 7.5 Reimbursement of the General Partner 62 Section 7.6 Outside Activities 63 Section 7.7 Indemnification 64 Section 7.8 Liability of Indemnitees 66 Section 7.9 Standards of Conduct and Modification of Duties 67 Section 7.10 Other Matters Concerning the General Partner and Indemnitees 68 Section 7.11 Purchase or Sale of Partnership Interests 69 Section 7.12 Registration Rights of the General Partner and its Affiliates 69 Section 7.13 Reliance by Third Parties 71

  • STANDARDS OF MANAGEMENT AND OPERATIONS In performing its obligations hereunder, during the term of this ESA, the Competitive Supplier shall exercise reasonable care to assure that its facilities are prudently and efficiently managed; that it employs an adequate number of competently trained and experienced personnel to carry out its responsibilities; that it delivers or arranges to deliver a safe and reliable supply of such amounts of electricity to the Point of Delivery as are required under this ESA; that it complies with all relevant industry standards and practices for the supply of electricity to Participating Consumers; and that, at all times with respect to Participating Consumers, it exercises good practice for a Competitive Supplier and employs Commercially Reasonable skills, systems and methods available to it.

  • Safe Operations Notwithstanding any other provision of this Agreement, an NTO may take, or cause to be taken, such action with respect to the operation of its facilities as it deems necessary to maintain Safe Operations. To ensure Safe Operations, the local operating rules of the ITO(s) shall govern the connection and disconnection of generation with NTO transmission facilities. Safe Operations include the application and enforcement of rules, procedures and protocols that are intended to ensure the safety of personnel operating or performing work or tests on transmission facilities.

  • Application and Operation Subject Matter Clause No. PART 1 - APPLICATION AND OPERATION Title 1.1 Arrangement 1.2 Objectives 1.3 Commencement date 1.4 Coverage 1.5 Exemptions from coverage 1.6 Relationship with other Industrial instruments 1.7 Definitions 1.8 Commitment of parties 1.9 Transitional arrangements 1.10 PART 2 - TRAINING CONDITIONS Training conditions 2.1 PART 3 - EMPLOYMENT CONDITIONS General 3.1 Part-time apprentices or trainees 3.2 School-based apprentices or trainees 3.3 Alternative employment arrangements 3.4 PART 4 - WAGES AND RELATED MATTERS General 4.1 Entry wage level 4.2 Wage progressions 4.3 Completion of apprenticeship or traineeship 4.4 Part-time apprentices or trainees 4.5 School-based apprentices or trainees 4.6 Areas of employment not covered by an Industrial instrument 4.7 Existing employees 4.8 Adult apprentices and trainees 4.9 Pre-employment, pre-trade, pre-apprenticeship, pre-vocational and other full-time institutional training 4.10 Apprentices and trainees with a disability 4.11 Payment for supervised training 4.12 Supply of tools 4.13 PART 5 -DISPUTE RESOLUTION AND INDUSTRIAL RELATIONS MATTERS Grievance and dispute settlement procedures 5.1 Industrial relations 5.2 SCHEDULES Generic Wage Progression Arrangements for Apprentices and Trainees Schedule Community Services and Health Industries Schedule

  • Delegation and Operation OF TOP–LEVEL DOMAIN; REPRESENTATIONS AND WARRANTIES