Disruption of Operations Sample Clauses

Disruption of Operations. La Habra Montessori has the sole discretion to suspend its duties and obligation under the enrollment contract when situations out of the control of the La Habra Montessori which circumstances necessitate the to cease all or part of its operations. These events include natural disasters, acts of war, riots or terrorism. INITIAL HERE INITIAL HERE
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Disruption of Operations. The Firm is not liable for damage which arises from force majeure, riots, acts of war and natural disasters or other events beyond its control (e.g., strikes, lock-outs, traffic, disruptions, government actions in the UK or abroad).
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Disruption of Operations. Users shall not: 1. Intentionally develop programs designed to infiltrate a technology or computing system, and/or damage or alter software components or hardware. 2. Attempt to damage or disrupt the operation of City Technology Resources or telecommunication equipment lines.
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Disruption of Operations. Disturbing or impairing network operations through improper use of hardware and software is to be avoided. Disruptions, detected misuse, or attacks must be promptly reported to HIZ.
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Disruption of Operations. The Firm is not liable for damage which arises from force majeure, riots, acts of war and natural disasters or other events government actions in the UK or abroad). CapitalMarkets Elite Group (UK) Limited 5
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Related to Disruption of Operations

  • Continuity of Operations 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.

  • CONTINUITY OF OPERATION Section 1: No Strikes, Work Stoppages or Lockouts

  • 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: 1. Pursuant to the Corporate Accountability for Tax Expenditures Act, 20 ILCS 715, et seq., a discontinuance of operations at the Project during the five-year period after the beginning of the first Taxable Year for which the Department issues a Certificate of Verification shall result in all Credits taken by the Company during such five-year period being deemed Wrongfully Exempted Illinois State Income Taxes and shall subject said Wrongfully Exempted Illinois State Income Taxes to the forfeiture provisions of Section VIII.D hereof. 2. Pursuant to Section 5-65 of the Act, discontinuance by the Company of operations at the Project during the term of this Agreement with the intent to terminate operations in the State of Illinois shall result in all Credits taken by the Company being deemed Wrongfully Exempted Illinois State Income Taxes and shall subject said Wrongfully Exempted Illinois State Income Taxes to the forfeiture provisions of Section VIII.D hereof.

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