Day-To-Day Operation Sample Clauses

Day-To-Day Operation. The partners shall provide their full-time services and best efforts on behalf of the partnership. No partner shall receive a salary for services rendered to the partnership. Each partner shall have equal rights to manage and control the partnership and its business. Should there be differences between the partners concerning ordinary business matters, a decision shall be made by unanimous vote. It is understood that the partners may elect one of the partners to conduct the day-to-day business of the partnership; however, no partner shall be able to bind the partnership by act or contract to any liability exceeding $ without the prior written consent of each partner.
AutoNDA by SimpleDocs
Day-To-Day Operation. The partners shall provide their full-time services and efforts on behalf of the partnership. Each partner shall have equal rights to manage and control the partnership and its business. Should there be differences between the partners concerning ordinary business matters, a decision shall be made by a unanimous vote. It is understood that the partners may elect one of the partners to conduct the day-to-day business of the partnership.
Day-To-Day Operation. The partners shall provide their full-time services and best efforts on behalf of the partnership. No partner shall receive a salary for services rendered to the partnership. Each partner shall have equal rights to manage and control the partnership and its business. Should there be differences between the partners concerning ordinary business matters, a decision shall be made by [unanimous vote. OR, if your band prefers you can state by majority vote, or by whatever other decision-making method you prefer.] The partners will elect one of the partners to conduct the day-to-day business of the partnership (making bank deposits, writing checks); however, no partner shall be able to bind the partnership by act or contract to any liability exceeding $ without the prior written consent of each partner.
Day-To-Day Operation. The Home retains all rights and prerogatives necessary or proper to manage and operate the nursing home, including, but not limited to, the right to direct the work force and assign work to the extent permitted by law, hire, transfer, determine work schedules, prescribe and enforce reasonable rules, layoff for lack of work, determine the type, quantity and quality of services to be provided and the schedules and methods for providing such services provided that the Home’s authority under this Section shall be subject to any other provision of this Agreement specifically limiting or qualifying such authority. Nothing in this Agreement shall abridge or otherwise affect the Home’s prerogative to utilize volunteer workers to any extent necessary or helpful to the Home’s operations; but this provision will not be utilized to result in layoff of members of the bargaining unit. A right of management shall not be impaired or waived by any practice or contrary course of conduct.
Day-To-Day Operation. The day-to-day operations of CKJ shall be managed by the representative director and officers nominated and elected in accordance with Sections 3.3. Such operations shall be conducted in accordance with the Articles of Association, this Agreement, the Distributorship Agreement, the Business Plan and the operating and capital budgets approved by the Board.
Day-To-Day Operation. (a) Pavilion will operate the Amphitheater, during the Enclosed Season, with a general manager and staff. All organizations utilizing the Amphitheater during the Enclosed Season by, through or under SJPAC (the performances or events so presented in the Amphitheater during the Enclosed Season being herein called the "SJPAC Events") shall be required to reimburse Pavilion for all of its actual out-of-pocket costs in connection with the holding, presenting or performing of such SJPAC Events subject to the best available prevailing published rate structures for the use of the day of the show, including but not limited to front office house, box office, back of the house (stage hands), security, ticket sellers, ticket takers, ushers, security and police retained for the purpose of the event and other show related personnel ("Day of Event Costs"). Pavilion will be responsible to work with SJPAC users to facilitate production of rental events. Pavilion will prepare operating policies to be an addendum to all license or use agreements.
Day-To-Day Operation. 4.3.1 Each Noble and Sumitomo may appoint the officers as set out below: Nominated Party Officer Number of Officers Noble Vice President 1 Sumitomo President 1
AutoNDA by SimpleDocs
Day-To-Day Operation. (a) The Facilities shall be operated in accordance with the operational needs of the Airport unless otherwise agreed by the unanimous decision of the Operating Committee.
Day-To-Day Operation. For the Operation of Newmarket Hydro Ltd. Distribution Network, Hydro One Transmission Network and the XXXXXXXXXXX connection. Newmarket Hydro Ltd. XXXXXXXXXXX Hydro One GTA East Operating Contacts Xxxx Xxxxxxx or Xxxxxxx Xxxxxx Process Control Operators: 1st Operator Location 000 Xxxxxx Xxxxx GTA East Phone Num ber Fax Number: Alternate Numbers: 000 000-0000 Alternate Numbers: Outage Planning Location Xxxx Xxxxxx 000 Xxxxxx Xxxxx Process Control Operator TOC Planner GTA East Phone Number Fax Number 000 000-0000 Alternate Numbers: P osition Name Location Phone Number Operation Technician Xxxxxxx Xxxxxx or Xxxx Xxxxxxx 000 Xxxxxx Xxxxx 000 000-0000 Plant Manager P&C Supervisor Fax Number: Alternate Numbers: 000 000-0000 Alternate Numbers: Position Name Location Phone Number Fax Number: General Xxxxxxx Xxxx Xxxxxx 000 Xxxxxx Xxxxx 000 000-0000 Technical Services Alternate Numbers: Alternate Numbers: Notes:

Related to Day-To-Day Operation

  • Day Unless otherwise stated, reference to the terms "day," "days," "month," or "months" mean calendar day, calendar days, calendar month, and calendar months, respectively.

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • Interest Rate Determination (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.11(a) or (b), and, if applicable, the rate for the purpose of determining the applicable interest rate under Section 2.11(c).

  • Inability to Determine Applicable Interest Rate In the event that Administrative Agent shall have determined (which determination shall be final and conclusive and binding upon all parties hereto), on any Interest Rate Determination Date with respect to any Eurodollar Rate Loans, that by reason of circumstances affecting the London interbank market adequate and fair means do not exist for ascertaining the interest rate applicable to such Loans on the basis provided for in the definition of Adjusted Eurodollar Rate, Administrative Agent shall on such date give notice (by telefacsimile or by telephone confirmed in writing) to Borrower and each Lender of such determination, whereupon (i) no Loans may be made as, or converted to, Eurodollar Rate Loans until such time as Administrative Agent notifies Borrower and Lenders that the circumstances giving rise to such notice no longer exist, and (ii) any Funding Notice or Conversion/Continuation Notice given by Borrower with respect to the Loans in respect of which such determination was made shall be deemed to be rescinded by Borrower.

  • Inability to Determine Rate If in connection with any request for a Term SOFR Loan or a conversion to or continuation thereof, as applicable, (a) Agent determines (which determination shall be conclusive absent manifest error) that (i) no Successor Rate has been determined in accordance with Section 3.5.2, and the circumstances under Section 3.5.2(a) or the Scheduled Unavailability Date has occurred (as applicable), or (ii) adequate and reasonable means do not otherwise exist for determining Term SOFR for any requested Interest Period with respect to a proposed Term SOFR Loan or in connection with an existing or proposed Prime Rate Loan, or (b) Agent or Required Lenders determine that for any reason Term SOFR for any requested Interest Period with respect to a proposed Term SOFR Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, Agent will promptly so notify Borrowers and Lenders. Thereafter, (x) the obligation of Lenders to make, maintain, or convert Prime Rate Loans to, Term SOFR Loans shall be suspended (to the extent of the affected Term SOFR Loans or Interest Periods), and (y) in the event of a determination described in the preceding sentence with respect to the Term SOFR component of Prime Rate, the utilization of such component in determining Prime Rate shall be suspended, in each case until Agent (or, in the case of a determination by Required Lenders described above, until Agent upon instruction of Required Lenders) revokes such notice. Upon receipt of such notice, (I) Borrowers may revoke any pending request for a Borrowing, conversion or continuation of Term SOFR Loans (to the extent of the affected Term SOFR Loans or Interest Periods) or, failing that, will be deemed to have converted such request into a request for Prime Rate Loans, and (II) any outstanding Term SOFR Loans shall convert to Prime Rate Loans at the end of their respective Interest Periods.

  • Inability to Determine Interest Rate If prior to the first day of any Interest Period:

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Inability to Determine Interest Rates If prior to the commencement of any Interest Period for any Eurodollar Borrowing,

  • Day not a Business Day If any day on or before which any action or notice is required to be taken or given hereunder is not a Business Day, then such action or notice shall be required to be taken or given on or before the requisite time on the next succeeding day that is a Business Day.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!