Completion of operations Sample Clauses

Completion of operations. Without prejudice to Article 34, all operations shall be completed by the time of the submission of closure documents, as listed under Article 100(5) of this Agreement. Expenditure incurred after 31 December 2017 shall not be eligible."; (4) In Article 100, paragraph 5 is replaced by the following:
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Completion of operations. Without prejudice of Article 34, all operations approved for Community co-financing under the programme must have a com- pletion date not later than 31 December of the third year following the latest commitment year referred to in the Financial Plan in force (Annex I). In the event the Financial Plan is extended until 2013, in accordance with the provisions of Article 11(3) of this Agreement,
Completion of operations. 1. Without prejudice of Article 34, all operations approved for Community co-financing under the programme must have a completion date not later than 31 December of the third year following the latest commitment year indicated in the Financial Plan in force (Annex I). In the event the Financial Plan is extended until 2013, in accordance with the provisions of Article 11(3) of this Agreement, the completion date of operations shall be set not later than 31 December 2017. Expenditure incurred after the completion date of the operation is not eligible. 2. Notwithstanding paragraph 1, training of operating personnel and testing of a project and of its equipment and auditing may be taken into consideration as eligible expenditure after completion, provided that it falls within the eligibility period indicated in Article 34 of this Agreement. CHAPTER VII – PUBLIC PROCUREMENT, CONTRACTS AND GRANTS‌
Completion of operations. The Contractor must complete Harvesting Operations commenced in a Compartment or Harvesting Unit before commencing Harvesting Operations in another Compartment or Harvesting Unit unless Forests NSW consents to the deferral of completion.
Completion of operations. If the Lessee shall commence to drill a well within the term of this lease or any extension thereof, the Lessee shall have the right to drill such well to completion with reasonable diligence and dispatch, and if oil and gas, or either of them, be found in paying quantities, this lease shall continue and be in force with like effect as if such well had been completed within the term of years herein, first mentioned. Filing an application for a permit to drill shall constitute the beginning of drilling activity. If after the expiration of the primary or secondary term of this lease, production on the leased premises shall cease, this lease shall not terminate, provided that the Lessee commences operations for drilling, reworking, plugging back or deepening a well or additional xxxxx within 180 days from cessation, and this lease shall remain in force during the prosecution of such operations, or additional drilling, reworking, plugging back or deepening operations commenced while such operations are in progress or within 30 days after cessation thereon, and if production results therefrom, then so long as production continues and as provided herein otherwise.
Completion of operations. Upon completion of operations upon the lands and leases of the other party, the Operator having conducted such operations and having completed the same shall give written notice of such completion to the Non-Operator. The Non-Operator shall verify within sixty (60) days after having received said notice that completion to the satisfaction of Non-Operator has occurred or set forth specific written objections thereto to Operator. The Operator agrees to use its best efforts to satisfy all written objections or claims within a reasonable time. Provided, however, any verification of completion of operations given by Non-Operator shall not be construe as a waiver by Non-Operator of Operator's contractual obligation as herein provided to perform the required reclamation of the lands subject to this Agreement. Upon notice and verification of completion without objection having been given and received, or satisfaction by Operator of all written objections tendered by Non-Operator and verification of completion having been given and received, and upon satisfaction of all requirements of the applicable federal and state mining and reclamation laws, rules and regulations, the party having conducted operations shall have no responsibility hereunder to conduct further operations upon the lands of the other party. The conduct of operations upon the lands and leases of the other party and the completion of same as provided in the proceeding sentence may be accomplished in whole or In part on an area-by-area basis. Upon both parties having exercised their rights hereunder as to an the lands covered hereby, and notice and verification of completion having been given and received, and upon satisfaction of all applicable mining and reclamation laws, rules and regulations by each of the parties in its capacity as Operator, and the settlement of any coal imbalance existing at the conclusion of mining operations as hereinafter provided, this Supplemental Agreement shall terminate.

Related to Completion of operations

  • Commencement of Operations The Partnership shall not begin operations on its Leases unless the Managing General Partner is satisfied that necessary title requirements have been satisfied.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Continuity of Operations Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Statement of Operations Statement of Changes in Net Assets.

  • CONTINUITY OF OPERATION Section 1: No Strikes, Work Stoppages or Lockouts

  • SUSPENSION OF OPERATIONS Concessionaire shall, at the direction of Department, immediately suspend, delay or interrupt Concessionaire’s operation of all or any part of the Concession Premises for such period of time as Department may determine to be appropriate to protect the Concession Premises and/or public health, safety, and welfare due to the occurrence of hazardous work conditions, emergency conditions, and/or any other cause including, but not limited to, Concessionaire's failure to perform any of the covenants, agreements, and conditions contained in this Agreement on its part to be performed. Concessionaire hereby waives any claim, and Department shall not be liable to any party claiming through Concessionaire, for damages, payment abatement, or compensation as a result of Department's actions under this Paragraph or this Agreement. Department's suspension of Concessionaire's operations shall be in addition to any other right or remedy available by law or in equity.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.

  • Maintenance of Operations The Company shall maintain operations at the Project for a minimum of ten (10) years beginning on the date the Project is Placed in Service. In addition to any other rights the Department may have under the terms of this Agreement, in the event that the Company discontinues of operations at the Project, such discontinuation may subject the Company to certain statutory provisions, including: 1. Pursuant to the Corporate Accountability for Tax Expenditures Act, 20 ILCS 715, et seq., a discontinuance of operations at the Project during the five-year period after the beginning of the first Taxable Year for which the Department issues a Certificate of Verification shall result in all Credits taken by the Company during such five-year period being deemed Wrongfully Exempted Illinois State Income Taxes and shall subject said Wrongfully Exempted Illinois State Income Taxes to the forfeiture provisions of Section VIII.D hereof. 2. Pursuant to Section 5-65 of the Act, discontinuance by the Company of operations at the Project during the term of this Agreement with the intent to terminate operations in the State of Illinois shall result in all Credits taken by the Company being deemed Wrongfully Exempted Illinois State Income Taxes and shall subject said Wrongfully Exempted Illinois State Income Taxes to the forfeiture provisions of Section VIII.D hereof.

  • TRANSFER OF OPERATIONS Purchaser shall be entitled to immediate possession of, and to exercise all rights arising under, the Assets from and after the time that the Restaurants open for business on the Closing Date, and operation of the Restaurants shall transfer at such time (the "Effective Time"). Except as expressly provided in this Agreement, all profits, losses, liabilities, claims, or injuries arising before the Effective Time shall be solely to the benefit or the risk of Seller. All such occurrences after the Effective Time shall be solely to the benefit or the risk of Purchaser. The risk of loss or damage by fire, storm, flood, theft, or other casualty or cause shall be in all respects upon Seller prior to the Effective Time and upon the Purchaser thereafter.

  • PERIOD OF OPERATION Subject to certification, this Agreement shall come into force from the first pay period commencing on or after 1st December 2002 and shall remain in force until 31 October 2005.

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