Grant of Facility Management Rights Sample Clauses

Grant of Facility Management Rights. 3.1.1 Subject to and in accordance with the provisions of the SFM Agreement, the Applicable Laws and the Applicable Permits, Authority grants to the Facility Manager the right, license and authority to undertake the Facility Management and operate, maintain and repair the Station Assets and Station Project Utilities in the Station Area as set forth herein, and to grant Sub-Licenses in respect of the Licensable Station Area, and collect and appropriate the Station Revenues from start of SFMA Appointed Date till expiry of the Term of SFMA and the Facility Manager undertakes to implement the SFM Project subject to and in accordance with the terms and conditions set forth herein.
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Grant of Facility Management Rights. 3.1.1 Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, IRSDC grants to the Facility Manager the right, license and authority to undertake the facility management and operate, maintain and repair of the Assets and Project Utilities in the Station Area as set forth herein, and to grant Sub-Licenses in respect of the Licensable Station Area, and collect and deposit the Station Revenues in the designated Station Revenues Fund Account for a period commencing from Appointed Date under this agreement and thereafter during the Term of this Station Facility Management Agreement and the Facility Manager agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein.
Sample 1
Grant of Facility Management Rights. Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, IRSDC grants to the Facility Manager the right, license and authority to undertake the facility management and operate, maintain and repair of the Assets and Project Utilities in the Station Area as set forth herein, and to grant Sub-Licenses in respect of the Licensable Station Area, and collect and appropriate the Station Revenues for a period [5 years from the Completion Date or 8 years from the appointed date under the Development Agreement, whichever is earlier]/ [5 (five) years]37, and the Facility Manager agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein. Subject to and in accordance with the provisions of this Agreement, the aforesaid rights hereby granted shall oblige or entitle (as the case may be) the Facility Manager to the following:
Sample 1

Related to Grant of Facility Management Rights

  • 00 - MANAGEMENT RIGHTS 3.01 It is the Employer's right to operate and manage its business in all respects in accordance with its responsibilities and commitments. The location of jobs, the choice of equipment, the schedule of installation, the methods and means of installation, are solely and exclusively the responsibility of the Employer.

  • MANAGEMENT RIGHTS 3.01 The Union acknowledges that all management rights and prerogatives are vested exclusively with the Employer and without limiting the generality of the foregoing; it is the exclusive function of the Employer:

  • ARTICLE MANAGEMENT RIGHTS The Union acknowledges that it is the exclusive function of the Company to manage the business and direct the working force, including but not limited to the following:

  • RESERVATION OF MANAGEMENT RIGHTS 5.01 The Union acknowledges that it is the exclusive function of the Company to:

  • Restrictions on Contracting Out In order to provide job security for the members of the bargaining unit, the Employer agrees that all work or services performed by the Employees shall not be sub-contracted, transferred, leased, assigned or conveyed, in whole or in part, to any other plant, person, company or non-unit Employee.

  • PROVISIONS OF THIS AGREEMENT APPLICABLE ALLOTTEE/ SUBSEQUENT ALLOTTEES It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the said Apartment/ Plot and the Project shall equally be applicable to and enforceable against and by any subsequent Allottee of the Apartment/ Plot, in case of a transfer, as the said obligations go along with the Apartment/ Plot for all intents and purposes.

  • Agreement with Respect to Data Processing Equipment and Leases (a) The Receiver hereby grants to the Assuming Institution an exclusive option for the period of ninety (90) days commencing the day after Bank Closing to: (i) accept an assignment from the Receiver of all leased Data Processing Equipment and (ii) purchase at Fair Market Value from the Receiver all owned Data Processing Equipment. The Assuming Institution’s election under this option applies to both owned and leased Data Processing Equipment.

  • 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.

  • Inspection Rights Permit representatives and independent contractors of the Administrative Agent and each Lender to visit and inspect any of its properties, to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants (subject to such accountants’ customary policies and procedures), all at the reasonable expense of the Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided that, excluding any such visits and inspections during the continuation of an Event of Default, only the Administrative Agent on behalf of the Lenders may exercise rights of the Administrative Agent and the Lenders under this Section 6.10 and the Administrative Agent shall not exercise such rights more often than two times during any calendar year and only one (1) such time shall be at the Borrower’s expense; provided, further, that when an Event of Default exists, the Administrative Agent or any Lender (or any of their respective representatives or independent contractors) may do any of the foregoing at the expense of the Borrower at any time during normal business hours and upon reasonable advance notice. The Administrative Agent and the Lenders shall give the Borrower the opportunity to participate in any discussions with the Borrower’s independent public accountants. Notwithstanding anything to the contrary in this Section 6.10, none of the Borrower nor any Restricted Subsidiary shall be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion of, any document, information or other matter that (i) constitutes non-financial trade secrets or non-financial proprietary information, (ii) in respect of which disclosure to the Administrative Agent or any Lender (or their respective representatives or contractors) is prohibited by Law or (iii) is subject to attorney-client or similar privilege or constitutes attorney work-product.

  • Procurement and Property Management Standards The parties to this Agreement shall adhere to the procurement and property management standards established in 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, and to the Texas Uniform Grant Management Standards. The State must pre-approve the Local Government’s procurement procedures for purchases to be eligible for state or federal funds.

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