Economic Performance Sample Clauses

Economic Performance. Output from the West Region economy (as measured by Gross Value Added) was £7.1bn in 2014 which amounted to 6% of total Scottish output. The growth from 2013 to 2014 was 3.2% marginally less than growth of 3.9% the previous year and comparing with the growth across Scotland of 4.3% in the same period 2014. Renfrewshire is the largest of the four local authority areas that make up the region and generated 40% of regional output. The remaining 60% was spread fairly evenly among the remaining three authority areas. The West region continues to generate a significant proportion of Scotland’s output (6%), the same proportion as the previous year, and this is dominated by the production sector, which accounts for more than £1 in every £4 of all output from the region (28% of the total) and by the public sector services of public administration, health and education (23%). GVA per worker is a proxy measure for productivity. It describes the region’s output in relation to the numbers in employment.. It is heavily influenced by the sector composition of the regional economy. Sectors such as manufacturing and higher value added services such as professional, scientific and technical services are typically more productive than others. Inverclyde and Renfrewshire have more of their economy in productive sectors, with GVA per worker increasing strongly in Inverclyde in particular 2011-2014. GVA per worker is lower in East Renfrewshire and West Dunbartonshire9. There were 11645 registered businesses in West Region in 201610. At more than 5015, the number of registered businesses in Renfrewshire is more than double that of each of the other local authorities. The 11645 registered businesses employ 123,730 people, with the vast majority of businesses (92%) being either a micro business or SME. In 2016, there were 915 registered businesses employing more than 250 people however these large registered businesses employ 65,480 people .Larger registered businesses account for 8% of all businesses across the West Region in 2016 in comparison with only 2% across Scotland as a whole. The sectoral structure of the business base in West region is broadly similar to that of Scotland, with professional services, retail and construction accounting for the highest shares of registered firms.
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Economic Performance. Landlord agrees to release $400,000 of the Letter of Credit upon Tenant's reasonably demonstrating to Landlord that Tenant's Operating Income from continuous operations under GAAP exceeds $300,000 for three consecutive quarters, and two of the following three events have occurred: (I) Tenant's accounts receivable equal at least 125% of Tenant's accounts payable;
Economic Performance 

Related to Economic Performance

  • Specific Performance The parties agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof and that the parties shall be entitled to specific performance of the terms hereof, in addition to any other remedy to which they are entitled at law or in equity.

  • Specific Performance, Etc The parties recognize that if any provision of this Agreement is violated by the Company, Indemnitee may be without an adequate remedy at law. Accordingly, in the event of any such violation, Indemnitee shall be entitled, if Indemnitee so elects, to institute Proceedings, either in law or at equity, to obtain damages, to enforce specific performance, to enjoin such violation, or to obtain any relief or any combination of the foregoing as Indemnitee may elect to pursue.

  • Specific Performance; Injunctive Relief The parties hereto acknowledge that Parent will be irreparably harmed and that there will be no adequate remedy at law for a violation of any of the covenants or agreements of Stockholder set forth herein. Therefore, it is agreed that, in addition to any other remedies that may be available to Parent upon any such violation, Parent shall have the right to enforce such covenants and agreements by specific performance, injunctive relief or by any other means available to Parent at law or in equity.

  • TIMELY PERFORMANCE (a) SELLER's timely performance is a critical element of this Contract. (b) SELLER shall provide LOCKHEED XXXXXX status of performance of this Contract when requested. In addition, if SELLER becomes aware of an impending labor dispute involving SELLER or any lower tier subcontractor, or any other difficulty in performing the Work, SELLER shall timely notify LOCKHEED XXXXXX, in writing, giving pertinent details. These notifications shall not change any delivery schedule.

  • Lawful Performance Vendor shall abide by all Federal, State and Local Laws, Ordinances, Regulations, and Statutes as may be related to the performance of duties under this agreement. In addition, all applicable permits and licenses required shall be obtained by the vendor, at vendor’s sole expense.

  • Specific Performance; Remedies Each party acknowledges and agrees that the other party would be damaged irreparably if any provision of this Agreement were not performed in accordance with its specific terms or were otherwise breached. Accordingly, the parties will be entitled to an injunction or injunctions to prevent breaches of the provisions of this Agreement and to enforce specifically this Agreement and its provisions in any action or proceeding instituted in any court having jurisdiction over the parties and the matter, in addition to any other remedy to which they may be entitled, at law or in equity. Except as expressly provided for herein, the rights, obligations and remedies created by this Agreement are cumulative and in addition to any other rights, obligations or remedies otherwise available at law or in equity. Except as expressly provided herein, nothing herein will be considered an election of remedies.

  • Specific Performance and Remedies Shareholder acknowledges that it will be impossible to measure in money the damage to Parent if Shareholder fails to comply with the obligations imposed by this Agreement and that, in the event of any such failure, Parent will not have an adequate remedy at law or in equity. Accordingly, Shareholder agrees that injunctive relief or other equitable remedy, in addition to remedies at law or in damages, is the appropriate remedy for any such failure and will not oppose the granting of such relief on the basis that Parent has an adequate remedy at law. Shareholder agrees that Shareholder will not seek, and agrees to waive any requirement for, the securing or posting of a bond in connection with Parent’s seeking or obtaining such equitable relief. In addition, after discussing the matter with Shareholder, Parent shall have the right to inform any third party that Parent reasonably believes to be, or to be contemplating, participating with Shareholder or receiving from Shareholder assistance in violation of this Agreement, of the terms of this Agreement and of the rights of Parent hereunder, and that participation by any such persons with Shareholder in activities in violation of Shareholder’s agreement with Parent set forth in this Agreement may give rise to claims by Parent against such third party.

  • Continuing Performance (a) The obligations under this Agreement continue until satisfied in full and do not merge with any action performed or document executed by any Party for the purposes of performance of this Agreement. (b) Any representation in this Agreement survives the execution of any document for the purposes of, and continues after, performance of this Agreement. (c) Any indemnity given by any Party under this Agreement: (i) constitutes a liability of that Party separate and independent from any other liability of that Party under this Agreement or any other agreement; and (ii) survives and continues after performance of this Agreement.

  • Good Faith Performance Each Party shall act in good faith in its performance under this Agreement and, in each case in which a Party’s consent or agreement is required or requested hereunder, such Party shall not unreasonably withhold or delay such consent or agreement.

  • Specific Performance and Injunctive Relief Notwithstanding the availability of legal remedies, Mortgagee will be entitled to obtain specific performance, mandatory or prohibitory injunctive relief, or other equitable relief requiring Mortgagor to cure or refrain from repeating any Default.

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