Existing Policy Sample Clauses

Existing Policy. Existing Policy" shall have the meaning set forth in Section 6.4(b) of the Agreement.
Sample 1
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Existing Policy. (a) Agent hereby confirms its approval of the coverage provided under the existing comprehensive All Risk insurance policy (the "EXISTING POLICY") maintained by Borrower with respect to the Property, which expires on December 1, 2003 and which provides All Risk coverage, including, without limitation, for "acts of terrorism" or other similar acts or events, of $400,000,000 (the "EXISTING POLICY AMOUNT") with an Agreed Amount Endorsement. Notwithstanding anything to the contrary contained in this Agreement, the other Loan Agreements or any other Loan Document (including, without limitation, the Guaranty of Completion), Agent's and Lenders' obligations to make disbursements of the Loan proceeds pursuant to this Agreement, the Supplemental Loan Agreement and/or the Project Loan Agreement prior to December 1, 2003, shall not exceed, in the aggregate, the Existing Policy Amount prior to December 1, 2003 (the "SPECIAL CAPPED LOAN AMOUNT"). (b) Following the expiration of the Existing Policy, Borrower shall be required to maintain (or, if applicable, cause the Condominium Association to maintain), at all times that the Loan remains outstanding, a comprehensive All Risk insurance policy meeting the requirements set forth in Section 5.1.1 (a) above. Upon the renewal or replacement of the Existing Policy, if "acts of terrorism" or other similar acts or events are hereafter excluded from Borrower's comprehensive All Risk insurance policy, Borrower shall obtain an endorsement to such Policy, or a separate Policy from an insurance provider which maintains at least an Investment Grade Rating from Moody's and/or S&P (provided that neither Moody's or S&P rates such xxxxxxer with less than an Investment Graxx Xxxxng), providing insurance coverage for replacement cost and rental interruption against all such excluded acts or events ("TERRORISM COVERAGE") on an agreed amount basis as is available, (which amount shall not be required to exceed $490,000,000), and can be purchased for an annual premium that does not exceed $2,700,000 (the "MAXIMUM TERRORISM INSURANCE PREMIUM"). (i) If the Maximum Terrorism Insurance Premium purchases a minimum of $150,000,000 of Terrorism Coverage on an agreed amount basis, then Borrower shall pay to Agent, annually an additional fee which shall be calculated as the product of (A) the positive difference, if any, between (i) $340,000,000 and (ii) the actual amount of Terrorism Coverage, and (B) .5% per annum. (ii) If the Maximum Terrorism Insur...
Sample 1
Existing Policy. 6.09(b) Final Merger Committee Amount............................... 2.03(c) Final Net Sales Calculations................................ 2.03(c) Final Parent Amount......................................... 2.03(c) First Goodman Loan Agreement................................ 6.08(d) Xxxnch Valley Contract...................................... 6.10 Fully Diluted Company Stock Amount.......................... 2.01(b) Determination Date.......................................... 2.03(d) GAAP........................................................ 2.03(k) Goodman..................................................... 2.03(k) Goodman Agreement........................................... 2.03(k) Goodman Loan Agreements..................................... 6.08(d) Governmental Authority...................................... 3.05(b) Group Purchasing Organization............................... 11.02(a) Hazardous Materials......................................... 11.02(a) HSR Act..................................................... 3.05(b) Indemnified Party........................................... 9.04(a) Indemnifying Party.......................................... 9.04(a) Initial Merger Consideration................................ 2.01(b) Initial Per Share Common Payment............................ 2.01(b) Initial Per Share Payment................................... 2.01(b) Initial Performance Bonus Remainder......................... 6.04(d) Initial Performance Plan Fund Amount........................ 6.04(d) Initial 280G Plan Fund Amount............................... 6.04(e) Initial 280G Remainder...................................... 6.04(e) Intellectual Property....................................... 11.02(a) Interim Financial Statements................................ 3.07(a) IP License.................................................. 2.03(a) IRS......................................................... 3.10(b) knowledge of the Company.................................... 11.02(a) Law......................................................... 3.05(a) Liabilities................................................. 3.07(b) License Contingent Payment.................................. 2.03(a) License Notice.............................................. 2.03(b) Licensed Intellectual Property.............................. 11.02(a) Licenses.................................................... 11.02(a) Loss........................................................ 9.02(a)
Sample 1
Existing Policy. The Xxxx Harbour/Xxxxxxxx MPS and LUB allows automobile repair in association with a service station, as-of-right, in the Highway Commercial designation. However, stand-alone automotive repair uses in the Highway Commercial designation can only be permitted subject to a development agreement. The MPS states this area is appropriate for automotive repair uses provided controls are placed on parking and open storage and display. Policy HC-6 allows Council to consider a development agreement for an automotive repair use.
Sample 1
Existing Policy. The current District Facility Plan, approved by the KBE in June 2011, notes in Priority 1.b.1 (New construction to replace inadequate spaces; expand existing or new buildings for educational purposes; consolidate schools; or replace deteriorated facilities) construction of a new 750-student high school located on a new site to be determined to accommodate the students from the South Xxxxx and
Sample 1
Existing Policy. Nothing in this agreement shall derogate from or be construed to conflict with the authorities and responsibilities of the Secretary of State, or the Chief of Mission as described in the Omnibus Act (22 U.S.C. 4801 et seq.), the Foreign Service Act of 1980 (22 U.S.C. 3901 et seq.) and NSDD-38. The following existing agreements are appended to this MOU and remain in effect between the Departments of State and Defense, to the extent that they do not conflict with this MOU. 1. MOU between the Departments of State and Defense on Utilization and Support of Marine Security Guards, dated December 15, 1986. 2. MOU between the Naval Security and Investigative Command, Department of the Navy, and the Diplomatic Security Service, Department of State relating to the Investigation of Criminal Counterintelligence Matters, dated March 28, 1988. 3. MOU between the Department of State and the Department of the Navy Concerning the Use of Naval Support Unit Personnel Assigned to the Department of State’s Security Program, dated December 11, 1978. 4. DOS-DIA Agreement Regarding Support for TEMPEST Personal Computers and Classified Information Handling Systems, incorporating the DOS-DIA Interagency Control Document (ICD) of July 9, 1984, as amended. 5. STATE AIRGRAM A-41, United States Policy with Regard to Local Guard Forces (LGF) Use by Diplomatic Missions.
Sample 1
Existing Policy. Nothing in this agreement shall derogate from or be construed to conflict with the authorities and responsibilities of the Secretary of State, or the Chief of Mission as described in the Act, the Foreign Service Act of 1980 (22 U.S.C. 3901 et seq.) and NSDD-38. The following existing agreements are appended to this MOU and remain in effect between the Departments of State and Commerce to the extent that they do not conflict with this MOU. Department of State/Department of Commerce Memorandum of Understanding Regarding Agency Responsibilities for Implementation of the Diplomatic Security Construction Program, signed April 8, 1987.
Sample 1
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Existing Policy ss. 7.7.2 FDA................................................................ss. 4.6.2
Sample 1

Related to Existing Policy

  • SMOKING POLICY Smoking on the Premises is: (check one)

  • Pricing Policy Prices and price guarantees exclude taxes and fees, however designated, including but not limited to applicable regulatory, PEG and franchise fees, and regulatory recovery fees, cost recovery charges, Subscriber Line Charges, Network Line Fees, PRI charges, other carrier access fees and/or access fees, Carrier Service Fees, surcharges, the Broadcast TV Fee, Sports Surcharge, excises, program related fees (such as universal service, telecom relay services for the visually/hearing impaired, rights-of-way access, and programs supporting the 911/E911 system), additional equipment, installation, late fee, service call and repair charges, and measured, per call or other usage-based or separately billed charges (collectively, the “Separate Fees and Charges”). The Separate Fees and Charges will vary depending upon your service location and the services to which you subscribe. Not all of the Separate Fees and Charges apply to all services. Customers who participate in a promotional offer with a discount on monthly service fees will revert back to the standard monthly fee for the service at the end of the promotional period, unless the customer’s service is earlier terminated for any reason. Any promotional, discounted or guaranteed price for service applies only to the price of the particular service or services identified, and excludes the Separate Fees and Charges.

  • No Smoking Policy There will be no smoking allowed anywhere in the premises by anyone. It will be Tenant’s responsibility to convey to and enforce this policy by its employees, agents and all other invitees.

  • Funding Policy The funding policy for this Split Dollar Plan shall be to maintain the subject policy in force by paying, when due, all premiums required.

  • SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of the significant accounting policies consistently applied in the preparation of the accompanying financial statements follows: Oil and gas properties -- The Partnership utilizes the successful efforts method of accounting for its oil and gas properties and equipment. Under this method, all costs associated with productive wellx xxx nonproductive development wellx xxx capitalized while nonproductive exploration costs are expensed. Capitalized costs relating to proved properties are depleted using the unit-of-production method on a property-by-property basis based on proved oil (dominant mineral) reserves as determined by the engineering staff of Pioneer USA, the Partnership's managing general partner, and reviewed by independent petroleum consultants. The carrying amounts of properties sold or otherwise disposed of and the related allowances for depletion are eliminated from the accounts and any gain or loss is included in operations. Impairment of long-lived assets -- In accordance with Statement of Financial Accounting Standards No. 121, "Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of" ("SFAS 121"), the Partnership reviews its long-lived assets to be held and used on an individual property basis, including oil and gas properties accounted for under the successful efforts method of accounting, whenever events or circumstances indicate that the carrying value of those assets may not be recoverable. An impairment loss is indicated if the sum of the expected future cash flows is less than the carrying amount of the assets. In this circumstance, the Partnership recognizes an impairment loss for the amount by which the carrying amount of the asset exceeds the estimated fair value of the asset. Use of estimates in the preparation of financial statements -- Preparation of the accompanying financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Net income (loss) per limited partnership interest -- The net income (loss) per limited partnership interest is calculated by using the number of outstanding limited partnership interests. Income taxes -- A Federal income tax provision has not been included in the financial statements as the income of the Partnership is included in the individual Federal income tax returns of the respective partners. 15 151 PARKXX & XARSXXX 00-A, L.P. (A DELAWARE LIMITED PARTNERSHIP) NOTES TO FINANCIAL STATEMENTS -- (CONTINUED) Statements of cash flows -- For purposes of reporting cash flows, cash includes depository accounts held by banks. General and administrative expenses -- General and administrative expenses are allocated in part to the Partnership by the managing general partner or its affiliates. Such allocated expenses are determined by the managing general partner based upon its judgement of the level of activity of the Partnership relative to the managing general partner's activities and other entities it manages. The method of allocation has been consistent over the past several years with certain modifications incorporated to reflect changes in Pioneer USA's overall business activities. Reclassifications -- Certain reclassifications may have been made to the 1997 and 1996 financial statements to conform to the 1998 financial statement presentations. Environmental -- The Partnership is subject to extensive federal, state and local environmental laws and regulations. These laws, which are constantly changing, regulate the discharge of materials into the environment and may require the Partnership to remove or mitigate the environmental effects of the disposal or release of petroleum or chemical substances at various sites. Environmental expenditures are expensed or capitalized depending on their future economic benefit. Expenditures that relate to an existing condition caused by past operations and that have no future economic benefits are expensed. Liabilities for expenditures of a noncapital nature are recorded when environmental assessment and/or remediation is probable, and the costs can be reasonably estimated. Such liabilities are generally undiscounted unless the timing of cash payments for the liability or component are fixed or reliably determinable. No such liabilities have been accrued as of December 31, 1998. Revenue recognition -- The Partnership uses the entitlements method of accounting for crude oil and natural gas revenues. Reporting comprehensive income -- Statement of Financial Accounting Standards No. 130, "Reporting Comprehensive Income" ("SFAS No. 130") establishes standards for the reporting and display of comprehensive income (loss) and its components in a full set of general purpose financial statements. Comprehensive income (loss) includes net income (loss) and other comprehensive income (loss). The Partnership has no items of other comprehensive income (loss), as defined by SFAS No. 130. Consequently, the provisions of SFAS No. 130 do not apply to the Partnership.

  • Accounting Policies There has been no material change in accounting policies or practices of the Corporation or its Subsidiaries since December 31, 2019;

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.

  • SIGNIFICANT ACCOUNTING POLICIES The Group prepared the interim financial statements with the same accounting policies and methods of computation as were used for the financial statements for the year ended December 31, 2020.

  • General Guidelines Conduct yourself in a responsible manner at all times in the laboratory.

  • Changes to Privacy Policy Agreement Passive Plus, Inc. reserves the right to update and/or change the terms of our privacy policy, and as such we will post those change to our website homepage at xxx.xxxxxxxxxxx.xxx, so that our users and/or visitors are always aware of the type of information we collect, how it will be used, and under what circumstances, if any, we may disclose such information. If at any point in time Passive Plus, Inc. decides to make use of any personally identifiable information on file, in a manner vastly different from that which was stated when this information was initially collected, the user or users shall be promptly notified by email. Users at that time shall have the option as to whether or not to permit the use of their information in this separate manner.

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