DATE OF COMMENCEMENT OF OPERATIONS Sample Clauses

DATE OF COMMENCEMENT OF OPERATIONS. This is the date on which the CONCESSIONAIRE will begin to provide the REGISTERED SERVICE, which must occur within a maximum period of twelve (12) months after the CLOSING DATE, in accordance with the provisions of the CONCESSION CONTRACT, and must communicate in writing the DATE OF COMMENCEMENT OF OPERATIONS to the MTC and OSIPTEL. The communication must be made within a maximum term of fifteen (15) DAYS of the occurrence of such event.
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DATE OF COMMENCEMENT OF OPERATIONS. (a) The date of Commencement of Operations of the Port shall be the date of issue of Landing and Shipping Declaration by the Customs under clause 8.8 or the date of expiry of the Sc heduled Construction Period whichever is earlier.
DATE OF COMMENCEMENT OF OPERATIONS. Date that marks the commencement of the operations, conservation and maintenance of the SEAWATER DESALINATION PLANT and which shall be determined by the date of issuance, execution and approval of the MINUTES OF COMMENCEMENT OF OPERATIONS.

Related to DATE OF COMMENCEMENT OF OPERATIONS

  • 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.

  • 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.

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