Company Operations. The time of Check In at the Pilot’s Base to Check Out at the Pilot’s Base.
Company Operations. The Company shall duly and punctually perform its obligations under this Agreement, the Notes, and each of the other Financing Documents to which it is a party. The Company shall conduct its operations on the basis of customary commercial practice and arm's-length arrangements, with due diligence and efficiency and under the supervision of qualified and experienced management. The Company shall repair, replace and protect each of its assets to the extent required so that its business can be conducted properly at all times.
Company Operations. The day-to-day business operations of the Company following Closing and prior to Bxxxx’s payment of the Closing Payment shall be managed and directed by Bxxxx Xxxxxx consistent with the Company’s ordinary course of business, including all decisions concerning operations, employment matters, procurement, and sales activities. Bxxxx Xxxxxx shall have sole signatory authority to bind the Company. Notwithstanding the foregoing, Bxxxx Xxxxxx shall be required to make regular reports to the board of directors of Buyer or such other person or persons as the Buyer may select and work in good faith to coordinate the Company’s activities and decision making. Until the later to occur of (a) the Closing Payment, and (b) the State of Florida approving the change of ownership prescription drug wholesale distribution application number 4121, the Company shall not be integrated in any manner into Buyer or any of its Affiliates, shall maintain distinct financial statements and bank accounts and shall not distribute any amounts to any members.
Company Operations. Pioneer Omega shall procure:
Company Operations. Prior to the Closing, other than as set forth on Schedule 4.10 of the Schedules and other than the Subscription Agreements and the PSA, the Company and its Subsidiaries do not have any assets, liabilities, employees, Benefit Plans, or operating history.
Company Operations. The Borrower shall duly and punctually perform its obligations under this Agreement, the Notes, and each of the other Financing Documents to which it is a party and shall cause IL to duly and punctually perform its obligations under each of the Financing Documents to which it is a party. The Borrower shall, and shall cause IL to, conduct its operations on the basis of customary commercial practice and arm’s-length arrangements, with due diligence and efficiency and under the supervision of qualified and experienced management. The Borrower shall, and shall cause IL to, repair, and/or replace and protect each of its assets in accordance with prudent industry practice so that its business can be conducted properly at all times.
Company Operations a) All company operations shall be subject to the RDL its laws and regulations, the instructions and directives of the Chief Scientist, programs prepared by him and to all agreements that may be entered into from time to time between the Foundation and the Chief Scientist.
Company Operations. (a) The Borrower shall duly and punctually perform its obligations under each of the Borrower Documents.
Company Operations. 4 ------------------ Section 3.04. Insurance, Auditors ...................................... 4 ------------------- Section 3.05. Reports .................................................. 5 -------
Company Operations. During the Earnout Periods, (i) the compensation and benefits of the Company's employees shall be managed and structured in accordance with the Company's historical business practices, and any increases in compensation of the Company's employees to reflect appropriate upward adjustments relating to Purchaser's employee benefits (in the aggregate), shall be appropriately reflected at the Closing, and (ii) no direct and indirect selling expenses or general and administrative expenses of Purchaser shall be allocated to the Company, unless set forth in Exhibit 5 attached hereto or otherwise agreed to in writing by the Purchaser and the Agent.
