Direction of the Company Sample Clauses

Direction of the Company. During Duty Time, a Crewmember is under the control and direction of the Company.
AutoNDA by SimpleDocs
Direction of the Company. In the event that HY Notes are outstanding, each Subordinated Guarantor hereby irrevocably authorises each of the Applicable Representative and the Additional Secured Applicable Representative to pay any amount it would otherwise have received under sub-clause 18.1.3 to each HY Noteholders Trustee to be applied against the relevant Series of HY Notes Obligations (on a rateable basis in accordance with the amounts of such Series of HY Notes Obligations and the terms of the applicable HY Notes Documents). The Applicable Representative and the Additional Secured Applicable Representative will only be obliged to make such a payment to a HY Noteholders Trustee if, in the reasonable opinion of such Representative, such payment can be lawfully made.
Direction of the Company. The Parties acknowledge that the Company is not a party to this Agreement. Therefore, the Seller shall cause the Company to fully observe and perform each covenant and agreement that is applicable to the Company in this Agreement and expressly guaranties and shall be liable for such obligations and agreements if the Company fails to perform any of its obligations or agreements under this Agreement.

Related to Direction of the Company

  • Operation of the Company Each Party agrees to take all actions necessary to ensure that the Company shall be operated in accordance with the terms of this Agreement and the other Transaction Agreements, including, without limitation, to vote all Securities held by it (and to cause all Securities held by any of its Affiliates and permitted transferees under Section 13 to be voted) to effect the terms hereof.

  • Formation of the Company The Company was formed as a limited liability company under the Act on April 24, 2008. The Member hereby agrees that the person executing and filing the Certificate of Formation of the Company was and is an “authorized person” within the meaning of the Act, and that the Certificate of Formation filed by such authorized person is the Certificate of Formation of the Company.

  • Termination of the Company Upon the voluntary termination of the Company upon the consent of the Members, the sale or other transfer of all or substantially all of the Company's assets or any other termination of the Company in accordance with the provisions of this Agreement, the Company shall wind up its affairs and shall then be liquidated as provided in Article 13.

  • Acquisition of the Company Upon the closing of any Acquisition the successor entity shall assume the obligations of this Warrant, and this Warrant shall be exercisable for the same securities, cash, and property as would be payable for the Shares issuable upon exercise of the unexercised portion of this Warrant as if such Shares were outstanding on the record date for

  • DURATION OF THE COMPANY The Company shall continue in perpetuity unless terminated sooner by operation of law or by decision of the Member.

  • Organization of the Company The Company is a corporation duly organized and validly existing and in good standing under the laws of the State of Nevada.

  • Obligation of the Company In connection with the registration of the Registrable Securities, the Company shall do each of the following:

  • Dissolution of the Company The Company shall be dissolved upon the happening of any of the following events, whichever shall first occur:

  • Liquidation of the Company The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period specified in the Prospectus.

  • Representation of the Company The Company hereby acknowledges that the status of the Escrow Agent with respect to the offering of the Shares is that of agent only for the limited purposes herein set forth, and hereby agrees it will not represent or imply that the Escrow Agent, by serving as the Escrow Agent hereunder or otherwise, has investigated the desirability or advisability of an investment in the Shares, or has approved, endorsed or passed upon the merits of the Shares, nor shall the Company use the name of the Escrow Agent in any manner whatsoever in connection with the offer or sale of the Shares, other than by acknowledgement that it has agreed to serve as Escrow Agent for the limited purposes herein set forth.

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