Companies in The World Sample Clauses

Companies in The World. The EPC Group is an international provider of advanced of Engineering, Procurement, Construction Management, Commissioning & Operation service, and (technical assistance, consulting) to the Refining, petrochemical, Gas and offshore industries. We are active in North and South America, Europe, Africa , Asia , CIS countries. EPC (Engineering, Procurement, Construction) An EPC contract is a turnkey solution, which means that the construction company provides the complete package of services. Under an EPC contract, the owner hires the EPC contractor, who then supplies its own engineers, consultants, suppliers and other contractors.
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Companies in The World. The EPC Group is an international provider of advanced of Engineering, Procurement, Construction Management, Commissioning & Operation service, and (technical assistance, consulting) to the Refining, petrochemical, Gas and offshore industries. We are active in North and South America, Europe, Africa , Asia , CIS countries. EPC (Engineering, Procurement, Construction) An EPC contract is a turnkey solution, which means that the construction company provides the complete package of services. Under an EPC contract, the owner hires the EPC contractor, who then supplies its own engineers, consultants, suppliers and other contractors. ±EPCS (±Engineering, procurement and construction±) is a type of contract that includes the construction, purchase of equipment and assembly for a certain project or development in a single instrument. This type of contract establishes a full set of obligations for the Contractor, from the design to supervision of the assembly, including civil, mechanical and electrical works, as well ...
Sample 1
Companies in The World. Engineering, Procurement And Construction Contracts EPC Contracts are project finance documents that establish a contractual framework between owner and contractor that transfers all design and construction risk to the contractor. Their efficacy in managing risk makes EPC Contracts the construction contract of choice for project financings.
Sample 1
Companies in The World. Engineering Procurement Construction, also referred to as; Engineer Procure Construct and "EPC" is the terminology used when an owner, for example, is seeking to build a new cogeneration power plant uses when the owner is seeking a "turnkey" project solution. Engineering, Procurement & Construction (EPC) Push the boundaries of what’s possible with end-to-end solutions that enable your digitalization initiatives — from design through operations. AspenTech can help you consolidate your technology portfolio, connect your data and workflows, and expand your business with new sources of revenue from operations and maintenance. Normally, the EPC service provider is obliged to complete the construction project within a given time and budget – such agreements are also known as lump sum turnkey (LSTK) contracts. In this type of contract, the contractor is responsible for all engineering services, the procurement and production of all necessary construction materials and parts, as well as construction and commissioning. EPC stands for Engineering, Procurement And Construction Abbreviation is mostly used in categories: Construction Engineering Purchase Procurement Business Rating: 4 EPC stands for Engineering, Procurement, and Construction and is a prominent form of contracting agreement in the construction industry. Normally the EPC Contractor has to execute and deliver the project within an agreed time and budget with a specific quality, commonly known as a Lump Sum Contract. Engineering, Procurement and Construction DLRE offers a full suite of integrated customised design, engineering, procurement, construction, installation and commissioning services for renewable energy systems to serve the needs of communities and corporations. Cost overruns on lump sum turnkey (LSTK) projects continue to challenge Engineering, Procurement, and Construction (EPC) contractors. Repeated disappointments for shareholders in quarterly results are driving improvements in both bidding processes and project delivery, by necessity.
Sample 1

Related to Companies in The World

  • Corporate Services This Agreement sets forth the terms and conditions for the provision by PROVIDING PARTY to RECEIVING PARTY of various corporate services and products, as more fully described below and in Schedule 1.1(a) attached hereto (the Scheduled Services, the Omitted Services, the Resumed Services and Special Projects (as defined below), collectively, the “Corporate Services”).

  • Dissolution and Winding Up of the Company Dissolution. The Company will be dissolved on the happening of any of the following events: Sale, transfer, or other disposition of all or substantially all of the property of the Company; The agreement of all of the Members; By operation of law; or The death, incompetence, expulsion, or bankruptcy of a Member, or the occurrence of any event that terminates the continued membership of a Member in the Company, unless there are then remaining at least the minimum number of Members required by law and all of the remaining Members, within 120 days after the date of the event, elect to continue the business of the Company.

  • Winding Up of the Company (a) The Managing Member shall promptly notify the other Members of any Dissolution Event. Upon dissolution, the Company’s business shall be liquidated in an orderly manner. The Managing Member shall appoint a liquidating trustee to wind up the affairs of the Company pursuant to this Agreement. In performing its duties, the liquidating trustee is authorized to sell, distribute, exchange or otherwise dispose of the assets of the Company in accordance with the Delaware Act and in any reasonable manner that the liquidating trustee shall determine to be in the best interest of the Members. (b) The proceeds of the liquidation of the Company shall be distributed in the following order and priority: (i) first, to the creditors (including any Members or their respective Affiliates that are creditors) of the Company in satisfaction of all of the Company’s liabilities (whether by payment or by making reasonable provision for payment thereof, including the setting up of any reserves which are, in the judgment of the liquidating trustee, reasonably necessary therefor); and (ii) second, to the Members in the same manner as distributions under Section 5.03(b).

  • Formation of the Company The Company was formed as a limited liability company under the Act on April 24, 2008. The Member hereby agrees that the person executing and filing the Certificate of Formation of the Company was and is an “authorized person” within the meaning of the Act, and that the Certificate of Formation filed by such authorized person is the Certificate of Formation of the Company.

  • Reorganization of the Company The existence of this Award Agreement shall not affect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; any merger or consolidation of the Company; any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Restricted Stock or the rights thereof; the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise.

  • Corporate Separateness (a) Satisfy, and cause each of its Restricted Subsidiaries and Unrestricted Subsidiaries to satisfy, customary corporate and other formalities, including, as applicable, the holding of regular board of directors’ and shareholders’ meetings or action by directors or shareholders without a meeting, in each case, to the extent required by law and the maintenance of corporate offices and records. (b) Ensure that (i) no payment is made by it or any of its Restricted Subsidiaries to a creditor of any Unrestricted Subsidiary in respect of any liability of any Unrestricted Subsidiary, (ii) no bank account of any Unrestricted Subsidiary shall be commingled with any bank account of the Borrowers, Holdings or any direct or indirect parent of the Borrowers or any of their Restricted Subsidiaries, and (iii) any financial statements distributed to any creditors of any Unrestricted Subsidiary shall clearly establish or indicate the corporate separateness of such Unrestricted Subsidiary from the Borrowers, Holdings or any direct or indirect parent of the Borrowers or any of their Restricted Subsidiaries.

  • Foreign-Owned Companies in Connection with Critical Infrastructure If Texas Government Code, Section 2274.0102(a)(1) (relating to prohibition on contracts with certain foreign-owned companies in connection with critical infrastructure) is applicable to this Contract, pursuant to Government Code Section 2274.0102, Contractor certifies that neither it nor its parent company, nor any affiliate of Contractor or its parent company, is: (1) majority owned or controlled by citizens or governmental entities of China, Iran, North Korea, Russia, or any other country designated by the Governor under Government Code Section 2274.0103, or (2) headquartered in any of those countries.

  • Registered Office and Resident Agent The Registered Office and Resident Agent of the Company shall be as designated in the initial Articles of Organization/Certificate of Organization or any amendment thereof. The Registered Office and/or Resident Agent may be changed from time to time. Any such change shall be made in accordance with the Statutes, or, if different from the Statutes, in accordance with the provisions of this Agreement. If the Resident Agent shall ever resign, the Company shall promptly appoint a successor agent.

  • Services to the Corporation Agent will serve, at the will of the Corporation or under separate contract, if any such contract exists, as a director of the Corporation or as a director, officer or other fiduciary of an affiliate of the Corporation (including any employee benefit plan of the Corporation) faithfully and to the best of his ability so long as he is duly elected and qualified in accordance with the provisions of the Bylaws or other applicable charter documents of the Corporation or such affiliate; provided, however, that Agent may at any time and for any reason resign from such position (subject to any contractual obligation that Agent may have assumed apart from this Agreement) and that the Corporation or any affiliate shall have no obligation under this Agreement to continue Agent in any such position.

  • Organization of the Company The Company is a corporation duly organized and validly existing and in good standing under the laws of the State of Nevada.

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