Conduct of Projects Sample Clauses

Conduct of Projects. 3.1 The parties agree to participate in the Project:
AutoNDA by SimpleDocs
Conduct of Projects. Each Transaction Party must, and must cause Lost Creek to, ensure that there is no change to the scope of the Projects from that assumed in or contemplated in the Corporate and Project Budget, without the written consent of the Agent, and must ensure that:
Conduct of Projects. Each Project shall be conducted in accordance with the provisions set forth in this Agreement. For each Project, however, the parties shall enter into a separate Project Agreement which shall set forth the particular aspects of the conduct of such Project, including but not limited to, a development schedule, project objectives, product specifications, target costs and dates, target sales volumes, allocation of development responsibilities, Project funding, the ownership of the Intellectual Property (as hereinafter defined) and any other issues specifically related to the conduct of such Project (“Project Agreement”). The development work with respect to each Project shall be done in sequential phases, as much as reasonably possible, with Lennox, Outokumpu, Heat-Transfer-JV, HTX Tech JV and third parties, all participating in each of the development phases as more particularly described in the Project Agreement for each Project. The phases of execution will be established for each Project and may include such activities as are specified on “Exhibit B” attached hereto. It is contemplated that a number of Projects shall be conducted and be in different stages of development at all times. For each Project, the parties shall each appoint a project leader who will be responsible for coordinating the joint efforts of the parties, for monitoring the progress of the development phases, and for communications between the parties.
Conduct of Projects. Each Transaction Party must ensure that there is no change to the scope of the Projects from that assumed in or contemplated in the Corporate and Project Budget, without the written consent of the Agent, and must ensure that:
Conduct of Projects. Recipient shall conduct each Project in a good and professional manner and in compliance with this Agreement, including the applicable Application Submission Guidelines and the applicable Project Statement (including all attachments to each Project Statement), and all applicable legal requirements. In the event of a conflict between this Agreement and a Project Statement, the terms of this Agreement shall prevail, unless the Project Statement expressly references the specific provision in this Agreement to be modified by the Project Statement. Each Project shall be set forth in a Project Statement, which shall be in the form attached hereto as Attachment A: Project Statement (“Project Statement”), and which shall be mutually agreed to in writing by the Parties. Each Project Statement shall include the following, all of which are incorporated by reference and made a part of the applicable Project Statement and this Agreement:
Conduct of Projects 

Related to Conduct of Projects

  • Conduct of Business and Maintenance of Existence Continue to engage in business of the same general type as now conducted by it and preserve, renew and keep in full force and effect its corporate existence and take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business except as otherwise permitted pursuant to subsection 8.5; comply with all Contractual Obligations and Requirements of Law except to the extent that failure to comply therewith could not, in the aggregate, be reasonably expected to have a Material Adverse Effect.

  • Maintenance of Properties (a) Maintain, preserve and protect all of its material properties and equipment necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted; (b) make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) use the standard of care typical in the industry in the operation and maintenance of its facilities.

  • Conduct of the Business Each of the Company and Parent covenants and agrees that:

  • Operation and Maintenance of Properties The Borrower, at its own expense, will, and will cause each Subsidiary to:

  • Maintenance of Existence and Conduct of Business Each Credit Party shall: do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and its rights and franchises; continue to conduct its business substantially as now conducted or as otherwise permitted hereunder; at all times maintain, preserve and protect all of its assets and properties used or useful in the conduct of its business, and keep the same in good repair, working order and condition in all material respects (taking into consideration ordinary wear and tear) and from time to time make, or cause to be made, all necessary or appropriate repairs, replacements and improvements thereto consistent with industry practices; and transact business only in such corporate and trade names as are set forth in Disclosure Schedule (5.1).

  • Conduct of Business and Maintenance of Existence, etc (a) (i) Preserve, renew and keep in full force and effect its corporate existence and (ii) take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business, except, in each case, as otherwise permitted by Section 7.4 and except, in the case of clause (ii) above, to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect; and (b) comply with all Contractual Obligations and Requirements of Law except to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Maintenance of Properties, Etc Maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, all of its properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear excepted.

  • Maintenance of Existence; Conduct of Business Except as permitted by Section 10.3, the Borrower will, and will cause each Subsidiary to, preserve and maintain its corporate existence and all of its leases, privileges, licenses, permits, franchises, qualifications, and rights that are necessary in the ordinary conduct of its business. The Borrower will, and will cause each Subsidiary to, conduct its business in an orderly and efficient manner in accordance with good business practices.

  • Operation of Properties The Borrower will and will cause each Subsidiary to operate its Properties or cause such Properties to be operated in a careful and efficient manner in accordance with the practices of the industry and in compliance with all applicable contracts and agreements and in compliance in all material respects with all Governmental Requirements.

  • Conduct of Business and Maintenance of Existence and Assets (a) Conduct continuously and operate actively its business according to good business practices and maintain all of its properties useful or necessary in its business in good working order and condition (reasonable wear and tear excepted and except as may be disposed of in accordance with the terms of this Agreement), including all licenses, patents, copyrights, design rights, tradenames, trade secrets and trademarks and take all actions necessary to enforce and protect the validity of any intellectual property right or other right included in the Collateral; (b) keep in full force and effect its existence and comply in all material respects with the laws and regulations governing the conduct of its business where the failure to do so could reasonably be expected to have a Material Adverse Effect; and (c) make all such reports and pay all such franchise and other taxes and license fees and do all such other acts and things as may be lawfully required to maintain its rights, licenses, leases, powers and franchises under the laws of the United States or any political subdivision thereof where the failure to do so could reasonably be expected to have a Material Adverse Effect.

Time is Money Join Law Insider Premium to draft better contracts faster.