Existing Operator with an Existing Agreement Sample Clauses

Existing Operator with an Existing Agreement. A. No Change in Scope of Activities. Upon adoption of these Minimum Standards, an existing Operator with an existing Agreement may engage in permitted Activities without submitting an Application provided that Operator is in full compliance with all the terms and conditions of the Agreement and all applicable Regulatory Measures. Category Property Insurance Commercial General Liability Hangarkeepers Liability1 Environmental Impairment Liability Aircraft and Passenger Liability4 Automobile Liability (To Include Hired & Non-owned Vehicles)6 Fixed Base Operators (FBO's) Yes $5,000,000 $5,000,000 $2,000,000 $2,000,000 Aircraft Maintenance Operator and Avionics or Instrument Maintenance Operator-Piston *5 $1,000,000 $1,000,000 $1,000,000 $1,000,000 Aircraft Maintenance Operator and Avionics or Instrument Maintenance Operator-Turbine *5 $5,000,000 $5,000,000 $1,000,000 $1,000,000 Avionics or Instrument Maintenance Operator (Bench work Only) *5 $1,000,000 $1,000,000 Aircraft Rental or Flight Training Operator Piston *5 $1,000,0002 $1,000,000 $1,000,000/Occurrence and $250,000/passenger $1,000,000 Aircraft Charter or Aircraft Management Operator Piston *5 $1,000,000 $1,000,000 $5,000,000/ Occurrence and $250,000/passenger $1,000,000 Aircraft Sales Operator Piston *5 $1,000,000 $1,000,000 $1,000,000/ Occurrence and $250,000/passenger $1,000,000 Turbine *5 $5,000,000 Aircraft Storage Operator Piston *5 $1,000,000 $1,000,0003 $1,000,000 Turbine *5 $1,000,000 $5,000,0003 $1,000,000 Aviation Service Sole Proprietor Piston *5 $1,000,0002 $1,000,000 $1,000,000 if maintenance or fueling operations $ 500,000 Other Commercial Aeronautical Activities Piston $1,000,000 $1,000,0003 $1,000,000 if maintenance or fueling operations $1,000,000/ Occurrence and $250,000/passenger $1,000,000 Temporary Specialized Aviation Service Operator $1,000,000 $1,000,000 Non-Commercial Flying Club *5 $1,000,000/ Occurrence and $250,000/passenger Non-Commercial Self-Fueling Permittee *5 $1,000,000 $1,000,000 $1,000,000/ Occurrence and $250,000/passenger $1,000,000 Non-Commercial based aircraft *5 $500,000 Other *Insurance requirements subject to determination by Aviation Department and Risk Management. Additional Insurance Requirements • Lessee's policies are to be primary to any other valid and collectible insurance available to the City. • All policies shall include a Waiver of Subrogation in favor of the City (Temporary SASO must also include Airport Lessee). • Policies shall have no exclusio...
Sample 1
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Existing Operator with an Existing Agreement. No Change in Scope of Activities – Upon adoption of these Minimum Standards, an existing Operator with an existing Agreement may engage in the Activities permitted under the Agreement without submitting an Application provided that Operator is in full compliance with all the terms and conditions of the Agreement and all applicable Legal Requirements. Change in Scope of Activities – Prior to engaging in any new Activity not permitted under an existing Agreement or Permit or changing or expanding the scope of Activities permitted under an existing Agreement or Permit, Operator shall complete and submit an Application to, and receive a Permit from, the County prior to conducting new Activity(ies) not permitted under an existing Agreement or Permit. ATTACHMENT A MINIMUM INSURANCE REQUIREMENTS
Sample 1

Related to Existing Operator with an Existing Agreement

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • Parties to Lock-Up Agreements The Company has furnished to the Underwriters a letter agreement in the form attached hereto as Exhibit A (the “Lock-up Agreement”) from each of the persons listed on Exhibit B. Such Exhibit B lists under an appropriate caption the directors and executive officers of the Company. If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to the Representatives a Lock-up Agreement.

  • MANAGEMENT AGREEMENT AND FRANCHISE AGREEMENT (a) At or prior to the Closing, Seller shall terminate the Existing Management Agreement and the Existing Franchise Agreement, and Seller shall be solely responsible for all claims and liabilities arising thereunder on, prior to or following the Closing Date, except termination or similar fees, which shall be paid by Buyer. Seller shall be responsible for paying all costs related to the termination of the Existing Management Agreement and Buyer shall be responsible for paying all reasonable and actual costs of the Franchisor related to the assignment or termination, as applicable, of the Existing Franchise Agreement. (b) At Closing, Buyer shall enter into the New Management Agreement in the form attached as Exhibit E and the New Franchise Agreement, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure). (c) Seller shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreement. Prior to the expiration of the Review Period, Buyer and Franchisor shall agree on the form and substance of the New Franchise Agreement. Except as otherwise provided in this Contract, the New Franchise Agreement shall contain such terms and conditions as are acceptable to Buyer in its sole and absolute discretion.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Assignment of Management Agreement As additional collateral security for the Loan, Borrower conditionally transfers, sets over, and assigns to Lender all of Borrower’s right, title and interest in and to the Management Agreement and all extensions and renewals. This transfer and assignment will automatically become a present, unconditional assignment, at Lender’s option, upon a default by Borrower under the Note, the Loan Agreement, the Security Instrument or any of the other Loan Documents (each, an “Event of Default”), and the failure of Borrower to cure such Event of Default within any applicable grace period.

  • Existing Agreements The Executive represents to the Company that he is not subject or a party to any employment or consulting agreement, non-competition covenant or other agreement, covenant or understanding which might prohibit him from executing this Agreement or limit his ability to fulfill his responsibilities hereunder.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Existing Lock-Up Agreement The Company will enforce all existing agreements between the Company and any of its security holders that prohibit the sale, transfer, assignment, pledge or hypothecation of any of the Securities in connection with the Offering. In addition, the Company will direct the Company’s transfer agent to place stop transfer restrictions upon any such Securities of the Company that are bound by such existing “lock-up” agreements for the duration of the periods contemplated in such agreements.

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