Disposal of Properties Sample Clauses

Disposal of Properties. (i) According to the terms of the Settlement Agreements, the Borrowers will implement an asset monetisation program (Asset Monetisation Program) relating to:
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Disposal of Properties. At the conclusion of the contract, the contractor shall discuss and determine, with the approval of the NRC Contracting Officer, the ultimate disposition of materials purchased and developed during the course of the contract. A letter from the contractor shall itemize and discuss the contractor's plans for transfer, retention, and disposal of all equipment, information, software, and technical reports. NRC-04-02-055 SECTION D SECTION D - PACKAGING AND MARKING
Disposal of Properties. If the Management Committee has unanimously consented to the abandonment, sale or other disposal of any of the Properties, then the Operator may dispose of such of the Properties by giving each non-Operator 60 days written notice of the proposed disposal. On receipt of such notice, each non-Operator may elect to bid in order to acquire all of that part of the Properties subject to the proposed disposal by delivering a notice to the Operator to this effect and stating its bid amount at least 15 days before the expiry of such 60 day notice period. On receipt of the notice from the non-Operators and on expiry of such 60 day notice period, the Operator shall promptly transfer the part of the Properties subject to the proposed disposal to the non-Operator with the highest bid for the bid amount. The non-Operator shall pay for all transfer costs. Upon completion of the transfer of the part of the Properties subject to the proposed disposal to the non-Operator, the part of the Properties subject to the proposed disposal will no longer be subject to this Agreement, except that the non-Operator shall indemnify and save harmless the Operator on its own behalf and as trustee for its shareholders, directors, officers, employees, agents, contractors and representatives from and against all suits and other proceedings and Liabilities (including lawyers' fees and disbursements) which the Operator may suffer or incur in respect of the part of the Properties subject to the proposed disposal.
Disposal of Properties. Neither the Borrower nor Holdings shall sell or lease any of their material assets used or useful in their respective businesses except in the ordinary course of its business, nor sell any of their respective assets to any other Person with the understanding or agreement that such assets shall be leased back to a Loan Party or Subsidiary of a Loan Party. Without limiting the generality of the foregoing, Holdings shall not enter into, nor permit to exist, any lease of any or all of the Titusville Facility, other than contractual arrangements entered into in the ordinary course of business which are incidental to service agreements and pursuant to which customers are allowed to store fairings and other equipment.
Disposal of Properties. 1.1 Review and advice on contract, which may also include negotiation of the contract at the Authority’s request.
Disposal of Properties. At the conclusion of the contract, the contractor shall discuss the decommissioning of the field site and disposition of the field and laboratory equipment and instrumentation. A letter from the contractor shall release NRC of any future liability with regard to the site and certifies that no adverse environmental impacts remains. The contractor shall also discuss and with the approval of the NRC determine the ultimate disposition of equipment and instrumentation purchased and developed during the course of the contract. A letter from the contractor shall itemize and discuss the contractor's plans for transfer, retention and disposal of all equipment, information, software and technical reports.

Related to Disposal of Properties

  • Status of Property (a) The Land and Improvements are not located in an area identified by the Secretary of Housing and Urban Development, or any successor, as an area having special flood hazards pursuant to the National Flood Insurance Act of 1968, the Flood Disaster Protection Act of 1973, or the National Flood Insurance Reform Act of 1994, as each have been or may be amended, or any successor law (collectively, the “Flood Acts”) or, if located within any such area, Borrower has and will maintain the insurance prescribed in Section 3.06 below.

  • 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.

  • Disposition of Property Dispose of any of its property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s Capital Stock to any Person, except:

  • Removal of Property Upon expiration or earlier termination of this Lease, Tenant may remove its trade fixtures, office supplies and office furniture and equipment if (a) such items are readily moveable and are not attached to the Premises; (b) such removal is completed prior to the expiration or earlier termination of this Lease; (c) Tenant is not in default of any covenant or condition of this Lease at the time of such removal; and (d) Tenant immediately repairs all damage caused by or resulting from such removal. All other property in the Premises and any Tenant Alterations (including, wall-to-wall carpeting, paneling, wall covering or lighting fixtures and apparatus) or any other article affixed to the floor, walls, ceiling or any other part of the Premises or Building, shall become the property of Landlord and shall remain upon and be surrendered with the Premises, except as may be otherwise provided in the paragraph captioned "Tenant Alterations" or the paragraph captioned "Tenant's Contribution to Tenant Improvement Costs". Tenant waives all rights to any payment or compensation for such property. If, at the expiration or earlier termination of this Lease or at such time as Landlord exercises its right of re-entry, Tenant has failed to remove any property from the Premises, Building or Land which it is entitled or required to remove as provided in this Lease, Landlord may, at its option, remove and store such property without liability for loss of or damage to such property, such storage to be for the account and at the expense of Tenant. If Tenant fails to pay the cost of storing any such property, Landlord may, at its option, after it has been stored for a period of twenty (20) Business Days or more, sell or permit to be sold, any or all such property at public or private sale (and Landlord may become a purchaser at such sale), in such manner and at such times and places as Landlord in its sole discretion may deem proper, without notice to Tenant, and Landlord shall apply the proceeds of such sale: first, to the cost and expense of such sale, including reasonable attorney's fees actually incurred; second, to the payment of the costs or charges for storing any such property; third, to the payment of any other sums of money which may then be or later become due Landlord from Tenant under this Lease; and, fourth, the balance, if any, to Tenant.

  • Operation of Property To continue to operate the Property consistent with past practices.

  • Maintenance of Properties and Leases Each Loan Party shall, and shall cause each of its Subsidiaries to, maintain in good repair, working order and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties useful or necessary to its business, and from time to time, such Loan Party will make or cause to be made all appropriate repairs, renewals or replacements thereof.

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