Commercial Relations Sample Clauses

Commercial Relations. CHAPTER 1.
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Commercial Relations. (a) Schedule 11.17(a) (List of Commercial Agreements) provides a true and complete list of (i) all agreements executed during each of the years ended December 31, 2012, 2013 and 2014, whether in writing or oral, explicit or implicit, between the Group Companies, on the one hand, and their suppliers or distributors, on the other hand whereby the suppliers or distributors received annual revenues exceeding €50,000 (fifty thousand euros) for any given year and (ii) all agreements executed during each of the years ended December 31, 2012, 2013 and 2014, whether in writing or oral, explicit or implicit, between the Group Companies and their customers whereby the Group Companies received revenues exceeding €100,000 (one hundred thousand euros) for any given year. (b) There are no agreements that may oblige any Group Company, whether immediately or in the future, to accept imposed purchase prices or any restrictions whatsoever on their freedom to do business. (c) The Guarantors represent and warrant to the Purchaser that none of the Vendors or the Group Companies have been informed that any customer or supplier listed on Schedule 11.17(a) (List of Commercial Agreements) has decided or intends to cease, reduce or otherwise adversely modify, whether immediately or in the future, its commercial relationship with any Group Company for any reason, including as a result of the Acquisition.
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Commercial Relations. (a) Except as disclosed in Exhibit 6.16 (i) all sales to customers and all supply agreements concluded by any of the Companies within the past five (5) years have been concluded without an explicit waiver by such Company of its relevant general terms and conditions. Complete and accurate copies of the general terms and conditions of all Companies are attached as Exhibit 6.16(a)(ii). None of the Companies is party to any agreements which oblige it in the future to accept unilaterally imposed purchase prices. (b) None of the Companies has been informed in writing, or, to the best knowledge of the Representing Shareholder, orally, of any intent on the part of its suppliers or customers to terminate or reduce their business relationship, where such termination or reduction would significantly adversely affect the relevant Company's ability to supply, its ability to sell or its financial position.
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Commercial Relations. ONGC of India - Videsh Ltd. (OVL) made an investment of about US$ 2.5 billion (spread over Sudan and South Sudan) in the hydrocarbon sector since 2003. It has 25% Participating Interest (PI) in Greater Pioneer Operating Company Ltd. (GPOC) [Block 1, 2 and 4] in consortium with CNPC of China, Petronas of Malaysia and Sudapet of Sudan. ONGC also has 24.125% PI in Block 5A in the consortium of Sudd Petroleum Operating Company (SPOC) with PETRONAS and Sudapet. Production of crude oil was disrupted since 2013 due to outbreak of civil war in the country. Upon signing of Revitalized Peace Agreement between the Government and opposition rebels in September 2018, the oil production has been revived at a minimal level. It is presumed the pre-war level of 3,20,000 pbd production could be achieved by early 2020. India's trade with South Sudan is very sparse. The main items of Indian imports from South Sudan are oil and timber and India's exports mainly comprise of consumer and household goods, food items, pharmaceuticals, two and three wheelers. As Indian trade is mainly through third countries (Uganda, Kenya, UAE), precise data is not available. South Sudan's estimated global imports in 2016 (up to which data is available) were US$ 348 Million and exports approximately US$ 1.3 billion, with China, Uganda and Kenya being the major trading partners. Indian trade with South Sudan from 2016 to 2018 as below: 2016-17: Import = 0.18 million; Export = 3.24 million 2017-18: Import = 7.56 million; Export = 3.54 million 2018-19: Import = 89.97 million; Export = 10.53 million Some Indian companies are operating in the area of construction, borehole drilling, printing, trading and services to the oil industry. Indians also run small hotels and supermarkets in Juba. They are mostly concentrated in Juba, the capital city.
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Commercial Relations. ARTICLE 261 . The capitulatory regime resulting from treaties, conventions or usage shall be re-established in favour of the Allied Powers which directly or indirectly enjoyed the benefit thereof before August 1, 1914, and shall be extended to the Allied Powers which did not enjoy the benefit thereof on that date.
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Commercial Relations. Except as disclosed in Schedule 2.16, no Group Companies have been informed as of the date hereof that any customer or supplier of any Group Company has decided or intends to cease, reduce or otherwise adversely modify, whether immediately or in the future, its commercial relationship with any Group Company for any reason, including as a result of the Transaction.
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Commercial Relations. 12.1 Company shall forward to Millennium Biotechnologies any inquiries and possible opportunities that it may receive for sales of the Product in the Territory for the Medical Market. Similarly, Millennium Biotechnologies shall forward to Company any inquiries and possible opportunities that it may receive for sales of the Product other than in the Territory for the Medical Market. 12.2 Neither party shall interfere with the other's relationships with its customers. 12.3 Notwithstanding any other provision of this Agreement, the parties agree that, with regard to other distributors that Company may name outside the Territory or within the Territory for other than the Medical Market, Company may, mutatis mutandis, grant to such distributors rights analogous to those granted to Millennium Biotechnologies hereunder, and it shall impose on such distributors prohibitions and limitations analogous to those imposed on Millennium Biotechnologies hereunder.
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Commercial Relations. 9.16.1. There are no agreements that may oblige any Group Company, whether immediately or in the future, to accept imposed purchase prices or any restrictions whatsoever on their freedom to do business. 9.16.2. None of the Group Companies have been informed that any customer or supplier of any Group Company has decided or intends to cease, reduce or otherwise adversely modify, its commercial relationship with any Group Company for any reason, including as a result of the Transaction. 9.16.3. There are no events or circumstances other than those arising from the general economic situation that may endanger the Group Companies’ supplies or outlets, or the conditions applicable thereto, either now or in the future. 9.16.4. Except as disclosed in Schedule 9.16.4, none of the Group Companies has entered into any commercial agency agreement, nor has any Group Company entered into any employment agreement with current or former commercial agents.
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Commercial Relations. Though the economic and commercial cooperation at the moment is small, there exists significant scope for enhancing cooperation in this field. Presently, Seychelles’ main items of import from India are rice, miscellaneous food products, cement, linen, cotton, vehicles and associated transport equipments, medicines, instruments and appliances for medical, surgical & dental use. The total imports from India in 2014 was US$ 43.80 million (approx.), while total exports to India in 2014 was only US$ 0.023 million (approx.). Among Indian companies present in Seychelles, Bank of Baroda has been maintaining a successful overseas branch in Victoria since 1978 and is doing a profitable business. A major private investment from an Indian company has been that of M/s. Bharti Airtel Telecom group, which has invested over US$25 million and set up the Airtel mobile telephone and internet services in Seychelles since 1998. TATA has so far supplied (Jan 2014) most of the fleet of buses for Seychelles to ply between its capital city Victoria and other regions of Mahé Island. In pursuance of an MoU signed in September 2014, Air Seychelles launched thrice-weekly direct flights between Mahé and Mumbai on 2 December 2014 (frequency increased to four flights a week in April 2015). The direct air connectivity is expected to boost bilateral trade and investment, flow of tourist traffic and people-to-people contact.
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Related to Commercial Relations

  • Normal Commercial Relations Anything contained in this Indenture to the contrary notwithstanding, the Loan Trustee, any Noteholder or any other party to any of the Operative Documents or the Pass Through Documents or any of their affiliates may conduct any banking or other financial transactions, and have banking or other commercial relationships, with the Company, fully to the same extent as if this Indenture were not in effect, including without limitation the making of loans or other extensions of credit to the Company for any purpose whatsoever, whether related to any of the transactions contemplated hereby or otherwise.

  • Commercial Relationship The Employee expressly acknowledges that the Employee’s participation in the Program and the Company’s grant of the Award does not constitute an employment relationship between the Employee and the Company. The Employee has been granted the Award as a consequence of the commercial relationship between the Company and the Company’s Subsidiary in Mexico that employs the Employee, and the Company’s Subsidiary in Mexico is the Employee’s sole employer. Based on the foregoing: (a) the Employee expressly acknowledges that the Program and the benefits derived from participation in the Program do not establish any rights between the Employee and the Subsidiary in Mexico that employs the Employee; (b) the Program and the benefits derived from participation in the Program are not part of the employment conditions and/or benefits provided by the Subsidiary in Mexico that employs the Employee; and (c) any modifications or amendments of the Program or benefits granted thereunder by the Company, or a termination of the Program by the Company, shall not constitute a change or impairment of the terms and conditions of the Employee’s employment with the Subsidiary in Mexico.

  • Industrial Relations 4.1 The Unions agree that, provided the provisions of this Agreement are implemented, no stoppage of work shall occur. 4.2 During any temporary stoppage by the CFMEU Federated Engine Drivers and Firemen’s Association Division members, the Lift Driver shall remain on site to operate the lift to carry passengers.

  • Industrial Relations Training Leave Union Delegate/Employee Representative shall have access to industrial relations training in accordance with Appendix E hereof.

  • COMMERCIAL REUSE OF SERVICES The member or user herein agrees not to replicate, duplicate, copy, trade, sell, resell nor exploit for any commercial reason any part, use of, or access to 's sites.

  • Labor Management Relations The Employer and the Union recognize that the character and quality of the Union/Management relationship in each Agency has an impact upon productivity and quality services. Accordingly, the parties agree to support joint Labor/Management training in skills and concepts which may contribute to increased Union/Management understanding and cooperative relationships.

  • LABOUR MANAGEMENT RELATIONS 9:01 No employee or group of employees shall undertake to represent the Union at meetings with the Employer without the proper authorization of the Union. The Employer shall not meet with any employee or group of employees undertaking to represent the Union without the proper authorization of the Union. In representing an employee or group of employees, a representative of the Union shall be the spokesperson. In order that this may be carried out, the Union shall supply the Employer with the names of its Officers and representatives. Likewise the Employer shall supply the Union with a list of its Designated Authorities and Chairs where the Chair is not the Designated Authority. Neither the Union nor the Employer shall be required to recognize such representatives until written notification has been received. 9:02 The Union and the Employer acknowledge the mutual benefit of joint consultation and agree, therefore, that there shall be a joint labour/management committee consisting of three (3) representatives from and selected by each party. There shall be one (1) regularly scheduled Labour/Management Committee meeting in each four (4) month term or semester (January to April, May to August, September to December). In addition, meetings shall be arranged at the request of either party through the Labour Relations Department, by submitting in writing the topics to be discussed. Such meetings shall take place, at a mutually-agreeable time, within ten (10) working days of the receipt of the request for the meeting. Meetings shall not be used to discuss matters which are the subject of a grievance nor to discuss any matters which are, at the time, the subject of collective bargaining. The committee shall function in an advisory capacity only, making recommendations to the Union and/or the Employer with respect to its discussions and conclusions, and shall not have the power to add to or modify the terms of this agreement. A representative of each party shall be designated Co-Chairperson, and the two persons so designated shall alternate in presiding over meetings.

  • Extended Health Care Plan ‌ The Employer shall pay the monthly premium for regular employees entitled to coverage under a mutually acceptable extended health care plan.

  • Management Grievance The Employer may initiate a grievance at Step 3 of the grievance procedure by the Employer or designate presenting the grievance to the President of the Union or designate. Time limits and process are identical to a union grievance.

  • Employment Relations Except as set forth in Schedule 5.21: (a) The Company has been and is in compliance in all material respects with all applicable Laws respecting employment and employment practices, terms and conditions of employment and wages and hours; (b) The Company has not been and is not engaged in any unfair labor practice and no unfair labor practice complaint against the Company is pending before the National Labor Relations Board; (c) There is no labor strike, dispute, slowdown or stoppage actually pending or, to the knowledge of the Seller, threatened against or involving the Company and since January 1, 2002, the Company has not experienced any labor strike or material concerted labor dispute; (d) No union is currently certified, and there is no union representation question and, to the knowledge of the Seller, no union or other organizational activity that would be subject to the National Labor Relations Act (20 U.S.C. 151 et seq.) existing or threatened with respect to the Company; (e) The Company is not subject to or bound by any collective bargaining or labor union agreement applicable to any Person employed by the Company, and no collective bargaining or labor union agreement is currently being negotiated by the Company; (f) The Company has not experienced any material labor difficulty or work stoppage since January 1, 2002; (g) The Company has no Equal Employment Opportunity Commission charges or other claims of employment discrimination pending or, to the knowledge of the Seller, threatened against the Company; (h) To the knowledge of the Seller, no wage and hour department investigation has been made of the Company since January 1, 2002; (i) There are no occupational health and safety claims pending or, to the knowledge of the Seller, threatened against the Company or that relate to its business or property; (j) Since January 1, 2002, the Company has not (i) engaged in layoffs or employment terminations sufficient in timing and number to constitute (A) a "mass layoff" (as defined in the Worker Adjustment and Retraining Notification Act ("WARN")) or (B) an "employment loss" (as defined in WARN) or (ii) effected a "plant closing" (as defined in WARN) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of the Company; the Company has not been affected by any transaction or engaged in layoffs or employment terminations sufficient in number to trigger application of any similar Law; (k) The Company is not a governmental contractor for purposes of any federal, state or local Law.

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