CNG Sample Clauses

CNG. The contractor shall use the Washington Metropolitan Area Transit Authority’s (“WMATA”) Four Mile Run Bus Division (“FMR”) in Arlington, Virginia for Compressed Natural Gas (“CNG”) fuel services for the Authority owned CNG buses. The Authority has entered into an agreement known as the “Amended and Restated Memorandum of Understanding by and between the Washington Metropolitan Area Transit Authority and the Metropolitan Washington Airports Authority” dated September 1, 2015 (“MOU”), a copy of which is attached hereto within Exhibit A-7, for use of the FMR. At all times while on or using the FMR, the Contractor agrees to comply with applicable laws, rules, regulations and orders of competent legal authority, comply with applicable tariff requirements, if any, as well as with written and oral notices, instructions, and other directives of FMR and WMATA supervisory and safety employees. The Contractor shall comply with the specific insurance requirements set forth by WMATA under the MOU while on or using the FMR.
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CNG. None of the CNG Assets have been used by the Corporation to carry on its customer premise telecommunications equipment sales, procurement, installation, support and maintenance business as it is currently being carried on.
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CNG any Borrower or any Subsidiary shall (i) default in any payment of principal of or interest on any Indebtedness (other than the Revolving Credit Loans and the Reimbursement Obligations) in excess of $5,000,000 or in the payment of any Guarantee Obligation in excess of $5,000,000, beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness or Guarantee Obligation was created; or (ii) default in the observance or performance of any other agreement or condition relating to any such Indebtedness or Guarantee Obligation or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness or beneficiary or beneficiaries of such Guarantee Obligation (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if required, such Indebtedness to become due prior to its stated maturity or such Guarantee Obligation to become payable; or (i) CNG, any Borrower or any Subsidiary shall commence any case, proceeding or other action (A) under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of its assets, or CNG, any Borrower or any Subsidiary shall make a general assignment for the benefit of its creditors; or (ii) there shall be commenced against CNG, any Borrower or any Subsidiary any case, proceeding or other action of a nature referred to in clause (i) above which (A) results in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed, undischarged or unbonded for a period of 60 days; or (iii) there shall be commenced against CNG, any Borrower or any Subsidiary any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets whi...
Sample 1

Related to CNG

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  • Přetrvající platnost This Section 3 “

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Most Referenced Clauses

Most Referenced Definitions