European Operations Sample Clauses

European Operations. Insurer: The Insurance Company of the State of Pennsylvania Policy Number: WR10004417 MISCELLANEOUS PROFESSIONAL LIABILITY POLICY (extended reporting period) Insurance Company: Executive Risk Indemnity Inc. Policy Number: 6803-4272 (tail coverage) DIRECTORS & OFFICERS / EMPLOYMENT PRACTICES LIABILITY POLICY (extended reporting period) Insurance Company: Federal Insurance Company Policy Number: 6802-2239 (tail coverage) FIDUCIARY LIABILITY POLICY (extended reporting period) Insurance Company: Federal Insurance Company Policy Number: 8142-3490 (tail coverage) EMPLOYED LAWYERS PROFESSIONAL LIABILITY POLICY (extended reporting period) Insurance Company: Executive Risk Specialty Insurance Company Policy Number: 6802-1679 (tail coverage) PROPERTY, EMPLOYMENT PRACTICES LIABILITY, FIDELITY, AND DIRECTORS AND OFFICERS LIAIBLITY COVERAGES ARE PROVIDED UNDER XXXX-XXXX’X INSURANCE PROGRAM There is also a policy arranged by the Simon Malls for Xxxx GFS. Insurance Claims Claimant Payment Reserve Liability: Xxx $3,609 (expenses) $5,849 Sun Microsystems $47,876 (expenses) $150,000 Xxxxxxx $0 $160,000 Xxxx $12,252 (expenses) $52,403 Property: PAETEC Communications $0 $71,000 Workers Compensation: Xxxxxxx-Xxxxx (carpal tunnel) $10,526
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European Operations. The Company shall work with Parent diligently and in good faith to negotiate the documents set forth as Section 3.10 of the Disclosure Schedules, and close the transactions contemplated therein, in connection with sale of certain assets of PeoplePC UK Limited and the licensing of certain rights in the United Kingdom.
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European Operations. Neither Parent nor the Parent Subsidiaries have any material obligations related to Parent’s and the Parent’s Subsidiaries’ operations in Europe.
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European Operations. 43 7.8. Milestones..........................................................43 7.9. Institutional Obligations...........................................44 7.10.
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European Operations. Subject to the provisions of this Section, after the Closing and through the second anniversary thereof, ViaCell will continue the Company's operations at its current facility in Langenfeld, Germany. To the extent practicable, ViaCell will utilize such facilities as the headquarters for ViaCell's business activities in Europe for both private umbilical cord blood banking and research and development in therapeutic applications of stem cell technologies. Notwithstanding the foregoing, ViaCell may, in its prudent business judgment, decide whether and at what level to continue the Company's current operations in Langenfeld, Germany. Should such European operations be discontinued by ViaCell, ViaCell will continue the current research and development of any USCC Company Products for purposes of achieving the Milestones to the extent required by Section 7.8 at any location deemed suitable by ViaCell.
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European Operations. Dr. Legarda will, at his option, ovxxxxx Xxxxx's European operations on terms and conditions mutually agreed between Dr. Legarda and Buyer's Board of Dixxxxxxx.
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European Operations. Arrangements reasonably satisfactory to Buyer shall have been made concerning (i) TRIMET's European operations carried on by Seller or its Affiliates' overseas employees and (ii) the ability of Buyer to continue to provide products and services to established and potential customers of the Business in Europe.
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European Operations. Company covenants that it will use best efforts to form in either 2001 or 2002 a new corporation to be called Silicon Entertainment-Europe, Inc. ("Affiliated European Entity") which will be granted the right by the Company to operate NASCAR Silicon Motor Speedway or related version based on Formula One or GT racing in Europe in return for a royalty payment of 6.5% of net revenues to the Company. The Affiliated European Entity will be owned sixty percent (60%) by the Company and forty percent (40%) by the holders of the Notes. Any development required is intended to be performed by the Company and paid by the Affiliated European Entity. The financing of the Affiliated European Entity shall be determined later. If by July 1, 2002 the Affiliated European Entity has not been
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European Operations. During the Employment Period, the Employee shall devote his best efforts and all of his normal business time and attention (excluding permitted vacation, holidays and personal and sick leave) to the business of Information Resources and its affiliated companies, and to serve Information Resources or any of its affiliated companies in such capacity as senior management of Information Resources may from time to time stipulate. During the Employment Period, the Employee may be required to perform ordinary business travel consistent with the responsibilities of his office.
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Related to European Operations

  • Interim Operations (a) The Company covenants and agrees as to itself and its Subsidiaries that, after the date hereof and prior to the Effective Time (unless Parent shall otherwise approve in writing (such approval not to be unreasonably withheld, delayed or conditioned)), and except as otherwise expressly permitted by this Agreement or as required by a Governmental Entity or applicable Laws, the business of it and its Subsidiaries shall be conducted in all material respects in the ordinary course and, to the extent consistent with the foregoing, the Company and its Subsidiaries shall use their respective commercially reasonable efforts to preserve their business organizations substantially intact, maintain satisfactory relationships with Governmental Entities, NERC, PJM, customers and suppliers having significant business dealings with them and keep available the services of their key employees; provided, however, that no action taken by the Company or its Subsidiaries with respect to matters specifically addressed by clauses (i)-(xx) of this Section 6.1(a) shall be deemed a breach of this sentence unless such action would constitute a breach of such other provision. In furtherance of the foregoing, from the date of this Agreement until the Effective Time, except (A) as otherwise expressly permitted by this Agreement, (B) as Parent may approve in writing (such approval not to be unreasonably withheld, delayed or conditioned), (C) as is required by applicable Law or any Governmental Entity or (D) as set forth in Section 6.1(a) of the Company Disclosure Letter, the Company will not and will not permit its Subsidiaries to:

  • Banking Operations Enter into any new material line of business; change its material lending, investment, underwriting, risk and asset liability management and other material banking and operating policies, except as required by applicable law, regulation or policies imposed by any Governmental Authority; or file any application or make any contract with respect to branching or site location or branching or site relocation.

  • General Business Operations Each of the Loan Parties shall (i) preserve, renew and maintain in full force its legal existence and good standing under the Governmental Rules of the jurisdiction of its organization and each other jurisdiction where the failure to so preserve, renew or maintain could result in a Material Adverse Effect, and all of its rights, licenses, leases, qualifications, privileges franchises and other authority reasonably necessary to the conduct of its business, (ii) conduct its business activities in compliance with all Legal Requirements and Contractual Obligations applicable to such Person, (iii) keep all Property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted and from time to time make, or cause to be made, all necessary and proper repairs, except, in each case, where any failure, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect, (iv) maintain, preserve and protect all of its rights to enjoy and use material trademarks, trade names, service marks, patents, copyrights, licenses, leases, franchise agreements and franchise registrations (v) conduct its business in an orderly manner without voluntary interruption. The Borrower shall maintain its chief executive office and principal place of business in the United States.

  • Business Operations Company and Shareholders shall operate the Business and use the Assets in the ordinary course. Company and Shareholders shall not enter into any lease, contract, indebtedness, commitment, purchase or sale or acquire or dispose of any capital asset relating to the Business or the Assets except in the ordinary course of business. Company and Shareholders shall use their best efforts to preserve the Business and Assets intact and shall not take any action that would have an adverse effect on the Business or Assets. Company and Shareholders shall use their best efforts to preserve intact the relationships with payors, customers, suppliers, patients and others having significant business relations with Company. Company and Shareholders shall collect its receivables and pay its trade payables in the ordinary course of business. Company and Shareholdes shall not introduce any new method of management, operations or accounting.

  • Operations As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations other than organizational activities and activities in connection with offerings of its securities.

  • Profitable Operations Borrower will not permit Consolidated Net Income (a) for any fiscal year, commencing with the fiscal year ending December 31, 2002, to be less than $1.00 and (b) for any two consecutive fiscal quarters (treated as a single accounting period) to be less than $1.00.

  • Co-operation The Custodian shall cooperate with and supply necessary information to the entity or entities appointed by the Trust to keep the books of account of the Fund and/or compute the value of the assets of the Fund. The Custodian shall take all such reasonable actions as the Trust may from time to time request to enable the Trust to obtain, from year to year, favorable opinions from the Trust's independent accountants with respect to the Custodian's activities hereunder in connection with (a) the preparation of the Trust's reports on Form N-1A and Form N-SAR and any other reports required by the Securities and Exchange Commission, and (b) the fulfillment by the Trust of any other requirements of the Securities and Exchange Commission.

  • Clinical Development (a) Stellartech shall design, develop and construct a Clinical Unit for each of the Thermage Disposable Device and the Thermage Generator, and any required component or subassembly thereof and shall deliver such Clinical Units to Thermage in accordance with the Development Program; (b) Stellartech shall deliver to Thermage such other Deliverables as are contemplated by the Development Program in accordance with the Development Program; and (c) as requested by Thermage and automatically at the conclusion of the Development Program, Stellartech, so long as Thermage is not in breach of its material obligation hereunder, shall deliver in writing to Thermage any and all data and information held by or in the control of Stellartech which is necessary or useful to obtain regulatory approval of the Products in the United States or any foreign country.

  • Oil and Gas Operations (a) All wxxxx included in the Oil and Gas Interests of the Company have been drilled and (if completed) completed, operated and produced in accordance with generally accepted oil and gas field practices and in compliance in all respects with applicable oil and gas leases and applicable laws, rules and regulations, except where any failure or violation could not reasonably be expected to have a Material Adverse Effect on the Company; and

  • No Operations Buyer does not currently have any business operations or material assets. Upon consummation of the Transactions, Buyer shall not have in excess of $10,000 in debts, obligations or liabilities of any kind or nature.

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