BACKGROUND AND STATEMENT OF PURPOSE Sample Clauses

BACKGROUND AND STATEMENT OF PURPOSE. IU13 is an educational service agency that provides products and services to both educational and public entities across Pennsylvania. CAFCO is a collaborative food procurement effort of schools from various counties in central Pennsylvania. CAFCO participant schools are listed in Section VII. IU13 facilitates and awards annual bids for the CAFCO participant’s food requirements. CAFCO and IU13 intend to award a Tea Drinks for the 2019-20 school year. One vendor per geographical bid region (county) will be awarded. This bid will commence on July 1, 2019 and end on June 30, 2020. IU13 is interested in obtaining bids for the requirements contained within these specifications. [END OF SECTION]
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BACKGROUND AND STATEMENT OF PURPOSE. IU13, an intermediate unit formed in accordance with the laws of the Commonwealth of Pennsylvania, is an education service agency dedicated to providing products and services to both educational and public entities across the Commonwealth. IU13 is a leader in recognizing the needs of schools and implementing programs to meet those needs, with a core compelling purpose of improving student learning. CAFCO is a collaborative food procurement effort of schools from various counties in central Pennsylvania. CAFCO participant schools are listed in section six. IU13 facilitates and awards annual bids for the CAFCO participants’ requirements. CAFCO and IU13 are interested in contracting with a qualified vendor, or vendors, who have the required expertise and resources to provide milk to CAFCO participant locations in central Pennsylvania for the 2020-21 School year. One vendor per geographical bid region (county) will be awarded based on these bid criteria. IU13 reserves the right to accept or reject any or all bids, in whole or in part, to award contracts to one or more providers, and to waive any or all informalities in connection therewith at its discretion.
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BACKGROUND AND STATEMENT OF PURPOSE. IU13 is an educational service agency that provides products and services to both educational and public entities across Pennsylvania. CAFCO is a collaborative procurement effort of schools from various counties in central Pennsylvania. CAFCO participant schools are listed in Section VII. IU13 facilitates and awards an annual bid for the CAFCO participant’s food requirements. The current CAFCO bid ends on June 30, 2019. Accordingly, this CAFCO bid will commence on July 1, 2020. IU13 is interested in obtaining bids for the requirements contained within these specifications. [END OF SECTION]
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BACKGROUND AND STATEMENT OF PURPOSE. The Capital Investors, Bowlxx, Xxg and Maxtor (the "Original Investors") and Newco have entered into a Stock Purchase and Asset Acquisition Agreement dated as of December 4, 1992 (the "Acquisition Agreement") with Storage Dimensions, Inc. a California corporation ("SDI"). It is a condition to the closing of the transactions contemplated by the Acquisition Agreement that the Original Investors will have entered into a Stockholders' Agreement substantially in the form of this Agreement. It is contemplated that Other Management Investors (as defined below) who purchase shares of Newco Voting Convertible Preferred Stock (as defined below) will become parties to this Agreement. In consideration of the mutual promises contained herein the parties, intending to be legally bound, agree as follows:
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BACKGROUND AND STATEMENT OF PURPOSE. SBY has submitted a proposal pursuant to the Department of Labor’s Solicitation for Grant Application (SGA) for YouthBuild Grants (CFDA# 17.274). The purpose of this MOU is to establish the terms and conditions under which the signatories shall collaborate in provision of services to support the objectives outlined in the SGA should Xxxxx Xxxxx Youthwork’s application be successful. Further,
Sample 1
BACKGROUND AND STATEMENT OF PURPOSE. In order to legally enter Washington State waters, certain cargo, passenger, commercial fish processing and other commercial vessels of 300 or more gross tons and all tank vessels and tank barges (“Covered Vessels”) are required to file and maintain with the Washington State Department of Ecology an approved oil spill contingency plan for the containment and cleanup of oil spills. In 2009, the Washington State legislature passed a separate law (ESSB 5344) effective July 1, 2010 (the “Act”), which requires all Covered Vessels to provide an emergency response towing vessel (“ERTV”) stationed at Neah Bay, Washington, if a Covered Vessel transits the ERTV Transit Area. The Act defines the ERTV Transit Area to cover all Covered Vessel transits to or from a Washington port through the Strait of Xxxx xx Xxxx, except for transits extending no further west than Race Rocks light. Contingency plans for a Covered Vessel operating in the Strait of Xxxx xx Xxxx must provide for ERTV coverage. The Act requires the ERTV to be stationed at Neah Bay and made available to be hired by vessels experiencing a vessel emergency while in the Strait of Xxxx xx Xxxx and off the western coast of Washington State from Cape Flattery light in Clallam County, Washington south to Cape Disappointment light in Pacific County, Washington. The Act defines a vessel emergency to mean a substantial threat of pollution originating from a Covered Vessel, including loss or serious degradation of propulsion, steering, means of navigation, primary electrical generating capability, and seakeeping capability. The ERTV is on station at Neah Bay under charter; however, it must be hired under separate contract by the vessel’s owner, operator or duly authorized agent or representative or by government agencies in order to perform emergency vessel assist services. The ERTV is chartered by the Washington State Maritime Cooperative for stationing at Neah Bay pursuant to a long-term charter agreement. Funding for the charter, maintenance and administrative costs of the ERTV is provided by assessments paid by Covered Vessels that are required to reference the ERTV in their oil spill contingency plans. The ERTV is available to any Covered Vessel owner or operator to reference in its Washington State oil spill response contingency plan and for hire by such Covered Vessels for a vessel emergency response, provided the Covered Vessel’s owner or operator enrolls for ERTV coverage and agrees to abide by the terms and...
Sample 1
BACKGROUND AND STATEMENT OF PURPOSE. The maintenance of net security protocols requires that certification authorities provide up-to-date information to root store operators. Historically, certification authorities have been required to separately submit data to multiple, individual root store operators, resulting in inefficiency and duplication of effort. Mozilla maintains a CRM instance for communicating with certification authorities and managing certification authority data (the “Common CA Database”). The Parties desire for Company to have access to the Common CA Database on the terms described herein to promote efficiency and improve internet security by providing a single point of contact for certification authorities to communicate with multiple root store operators. Mozilla’s goal in sharing the Common CA Database is to improve the quality of certification authority data and to help keep end users safe. Root store operators should not utilize the Common CA Database or related meetings or communications to communicate competitively-sensitive information. Each participant in the Common CA Database should make independent decisions regarding its relationship with certification authorities. In consideration of the mutual promises contained herein, the Parties agree as follows.
Sample 1
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BACKGROUND AND STATEMENT OF PURPOSE. The maintenance of net security protocols requires that certification authorities provide up-to-date information to root store operators. Currently, certification authorities must separately submit data to multiple, individual root store operators, resulting in inefficiency and duplication of effort. Mozilla maintains a CRM instance for communicating with certification authorities and managing certification authority data (the “Common CA Database”). The Parties desire for Company to have access to the Common CA Database on the terms described herein to promote efficiency and improve internet security by providing a single point of contact for certification authorities to communicate with multiple root store operators. Mozilla’s goal in sharing the Common CA Database is to improve the quality of certification authority data and to help keep end users safe. It is expressly not a goal of Mozilla to make money from sharing the Common CA Database. Any payment obligation under this Agreement is intended as a cost-sharing measure. Discussions among root store operators should be limited to discussion of the Common CA Database. Root store operators should not utilize the Common CA Database to communicate competitively-sensitive information. In consideration of the mutual promises contained herein, the Parties agree as follows.
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Related to BACKGROUND AND STATEMENT OF PURPOSE

  • STATEMENT OF AGREEMENT The parties hereby acknowledge the accuracy of the foregoing Background Information and hereby agree as follows:

  • PRELIMINARY STATEMENTS Pursuant to that certain Agreement and Plan of Merger, dated as of January 27, 2016 (as amended, supplemented or modified from time to time, including all schedules and exhibits thereto, the “Merger Agreement”), by and among Nexstar Broadcasting Group, Inc., a Delaware corporation, Neptune Merger Sub, Inc., a Virginia corporation and a direct wholly-owned Subsidiary of Nexstar Borrower (the “Merger Sub”) and Media General, Inc., a Virginia corporation (“Media General”), the Nexstar Borrower will acquire (the “Acquisition”) Media General by causing Merger Sub to merge with and into Media General with Media General being the surviving corporation, on the terms and subject to the conditions set forth in the Merger Agreement. The Nexstar Borrower and the VIE Borrowers have requested the applicable lenders to extend credit to the applicable borrowers under various revolving credit facilities (including sub-facilities) and term facilities under a credit agreement with Nexstar Borrower and a credit agreement with each of the Borrower, the Xxxxxxxx Borrower and the Shield Borrowers respectively to finance the Acquisition and the Transaction Expenses and, in connection therewith, to consummate the refinancing of certain credit facilities, including to refinance (i) the loans and borrowings of the Nexstar Borrower under the Fifth Amended and Restated Credit Agreement, dated as of December 3, 2012, by and among the Nexstar Borrower, Nexstar Broadcasting Group, Inc., a Delaware corporation, the lenders from time to time party thereto and Bank of America, N.A. as administrative agent, collateral agent, letter of credit issuer and swing line lender (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Existing Nexstar Credit Agreement”), (ii) the loans and borrowings of the Borrower under the Fourth Amended and Restated Credit Agreement, dated as of December 3, 2012, by and among the Borrower, the lenders from time to time party thereto and Bank of America, N.A. as administrative agent and collateral agent (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Existing Mission Credit Agreement”), (iii) the loans and borrowings of Xxxxxxxx Broadcasting Group, Inc., a Texas corporation (the “Xxxxxxxx Borrower”) under the Credit Agreement dated as of December 1, 2014 by and among the Xxxxxxxx Borrower, the lenders from time to time party thereto and Bank of America, N.A. as the administrative agent, the collateral agent and the letter of credit issuer (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Existing Xxxxxxxx Credit Agreement”), (iv) the loans and borrowings of WXXA-TV LLC, a Delaware limited liability company and WLAJ-TV LLC, a Delaware limited liability company (collectively, the “Shield Borrowers”) under the Credit Agreement dated as of July 31, 2013 by and among the Shield Borrowers, Shield Media LLC, a Delaware limited liability company and Shield Lansing LLC, a Delaware limited liability company (collectively, the “Shield Holdings”), the lenders from time to time party thereto, and Royal Bank of Canada, as the administrative agent and the collateral agent (the “Existing Shield Credit Agreement”) and (v) the loans and borrowings of Media General under the Amended and Restated Credit Agreement dated as of July 31, 2013 by and among Media General, the guarantors from time to time party thereto, the lenders from time to time party thereto, and Royal Bank of Canada, as the administrative agent, the letter of credit issuer, the swing line lender and the collateral agent (the “Existing Media General Credit Agreement”). The Nexstar Borrower has agreed to guarantee, and cause Nexstar Media and certain of its Subsidiaries to guarantee, the obligations of each VIE Borrower under the applicable VIE Credit Agreement and certain hedging/cash management obligations of each such VIE Borrower. To the extent required under the Nexstar Credit Agreement, each VIE Borrower has agreed to guarantee, and cause certain of its Restricted Subsidiaries to guarantee, the Nexstar Borrower’s obligations under the Nexstar Credit Agreement and certain hedging/cash management obligations of the Nexstar Borrower. The lenders to the Nexstar Borrower and the lenders to each of the VIE Borrowers have agreed that (i) certain commitments and/or loans of the same Class under the applicable Group Credit Agreements shall be held on a pro rata basis among lenders of the applicable Class under such Group Credit Agreements, (ii) certain voting rights under the Group Credit Agreements shall be exercised on an aggregated basis among the lenders under the Group Credit Agreements, (iii) after the exercise of any remedy under any Group Credit Agreement or other Group Loan Document, all payments received by the Group Lenders shall be applied in accordance with the Intercreditor Agreement Among Group Lenders and (iv) they shall be otherwise bound by the terms of the Intercreditor Agreement Among Group Lenders. In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows:

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