Costs of Operations Sample Clauses

Costs of Operations. Licensee shall be solely responsible for any and all costs, expenses, damages and liabilities associated with the exercise of its rights under this License. Annually, a one hundred dollar ($100) permit fee shall be paid to the Town by the licensee upon the issuance of the license and thereafter on or before December 31 of each year.
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Costs of Operations. The Relevant Borrower shall be entitled to debit its Earnings Account with the Delivered Vessel’s current costs of operation.
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Costs of Operations. 45 20.16 Counterparts and Fax Signatures......................................................................46 LICENSE AGREEMENT THIS AGREEMENT is made as of the 1st day of June, 2004 between: PROMETIC BIOSCIENCES INC., a corporation existing under the laws of Canada (the "Licensor"), - and -- HEMOSOL LP, a limited partnership existing under the laws of the Province of Ontario (the "Licensee"),
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Costs of Operations. Except as otherwise provided herein, all costs and expenses of whatever kind or nature incurred by either party in the conduct of its operations or the performance of its responsibilities in connection with or pursuant to this Agreement shall be for the account of and shall be paid by such party, and such party shall not be entitled to reimbursement therefor from the other party, whether upon the termination of this Agreement or otherwise.
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Costs of Operations. Purchaser shall pay all costs of operating the Business after the Closing Date, including but not limited to the property and liability insurance costs on the Facility and the operation of the Business and the protection of the Assets and the utility costs to operate the Facility, except that Sellers and Purchaser shall in good faith agree to an allocation of the utility costs of the Facility between Purchaser in operating the Business and Sellers in operating the continuing business of Metretek Florida (the "AMR Business"), and each party shall pay its pro rata allocation thereof, provided that in no event shall Purchaser be obligated to pay all or any portion of (i) the current Facility lease rental payments and any other payments required of the tenant of the Facility, including, but not limited to taxes associated with the lease of the Facility (but excluding property and liability insurance on the Facility, which shall be the responsibility of Purchaser after the Closing Date), and (ii) the lease payments and other costs associated with the Leased Equipment, other than costs of insurance, which shall be the responsibility of Purchaser after the Closing Date.
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Related to Costs of Operations

  • Hours of Operation Tenant will carry on its business diligently and continuously in the Premises and will keep the Premises open for business not less than sixteen (16) consecutive hours each day seven (7) days per week, including holidays. Director or his/her representative may, from time to time, change such required hours of operation, in which event, Tenant will remain open during such revised hours. Similarly, Tenant may, from time to time, request to revise its hours of operation. Such change must be approved by Director or his/her representative, in writing, prior to its occurrence. Tenant may not, at any time, vacate or abandon the Premises.

  • Continuity of Operations (1) 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.

  • 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.

  • 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:

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