INITIAL AND CONTINUING TRAINING Sample Clauses

INITIAL AND CONTINUING TRAINING. Master Licensee, within sixty (60) ------------------------------- days after execution of this Agreement, shall designate and notify Company in writing of at least one (1) trainee, up to a limit of five (5) trainees, to attend an initial training program devised by Company. The first trainee Master Licensee sends to attend Company's initial training program must commence training within one hundred twenty (120) days after execution hereof, provided that Company shall have at least thirty (30) days' prior written notice of the date Master Licensee desires its first trainee to commence training. All wages and travel and living expenses incurred by trainees shall be the sole responsibility of Master Licensee. Company shall offer lodging and meals to such trainees on the same basis as offered to other Travelodge System trainees. Master Licensee personnel shall have the right to attend, on a space-available basis, subsequent regular training programs conducted by Company at a location Company selects in the U.S., without fees or other charges. All wages and travel and living expenses such personnel incur shall be the sole responsibility of Master Licensee. The initial training program shall be provided over a period not to exceed ninety (90) days and shall consist of instruction at Company's headquarters and may include an internship at one or more system units in the U.S. The training program shall cover, among other things, the subjects described in Paragraph 4.1 hereof. Upon completion of the instruction of Master Licensee's trainees, Company shall determine, in its sole discretion, which of such trainees have successfully completed the instruction program and shall issue to Master Licensee certificates of completion for such trainees ("CERTIFIED EMPLOYEES") as of that date. Master Licensee will employ at least one (1) Certified Employee beginning with the third Agreement Year, provided, however, that there may be no Certified -------- Employee for a reasonable period of time in the event that the Certified Employee terminates his employment with Master Licensee without adequate notice or is summarily terminated by Master Licensee and no Company training programs for his replacement are immediately available. Such Certified Employee shall be responsible for implementing mandatory training programs for Unit personnel in accordance with training standards and procedures prescribed by Company from time to time. Upon the implementation of such training programs...
Sample 1See All (4)
AutoNDA by SimpleDocs
INITIAL AND CONTINUING TRAINING. 7.1.1. Franchisor shall furnish for Franchisee and the Manager, an initial ten (10) day training program covering topics in the management of the Franchised Business which may include, but are not limited to, the sales, service and operations of a franchised office. Franchisee shall be responsible for all personal and employee salaries, other compensation, expenses and other costs, including but not limited to, travel and living expenses associated with attendance or participation in the initial training program. The training shall include extensive classes in all aspects of the Franchised Business, and shall take place at Franchisor's corporate headquarters, or such other location or additional places as may be designated by Franchisor.
Sample 1

Related to INITIAL AND CONTINUING TRAINING

  • Term and Continuation This Agreement shall take effect as of the date hereof, and shall remain in effect, unless sooner terminated as provided herein, until September 30, 2003, and shall continue thereafter on an annual basis with respect to each Series, provided that such continuance is specifically approved at least annually (a) by the vote of a majority of the Board, or (b) by vote of a majority of the outstanding voting securities of the Series, and provided continuance is also approved by the vote of a majority of the Board who are not parties to this Agreement or "interested persons" (as defined in the 1940 Act) of the Fund, cast in person at a meeting called for the xxxxxxx of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty with respect to the entire Fund or only with respect to one or more Series thereof: (a) by the Fund at any time with respect to the services provided by the Administrator by vote of (1) a majority of the Board members who are not "interested persons" (as such term is defined in the 1940 Act) of the Fund, or (2) a majority of the outstanding voting shares of the Fund or, with respect to a particular Series, by vote of a majority of the outstanding voting shares of such Series, on 60 days' written notice to the Administrator; and (b) by the Administrator on or after September 30, 2003, without the payment of any penalty, upon 60 days' written notice to the Fund.

  • Reasonable and Continuing Obligations Executive agrees that Executive’s obligations under this Section 6 are obligations which will continue beyond the date Executive’s employment terminates and that such obligations are reasonable, fair and equitable in scope. The terms and duration are necessary to protect the Company’s legitimate business interests and are a material inducement to the Company to enter into this Agreement. Executive further acknowledges that the consideration for this Section 6 is his employment or continued employment. Executive will not be paid any additional compensation during this Restricted Period for application or enforcement of the restrictive covenants contained in this Section 6.

  • Covenants and Continuing Agreements So long as any amount owing in respect of the Obligations (whether or not due) shall remain unpaid, Borrower covenants that, unless otherwise consented to by Lender in writing, it shall:

  • Formation and Continuation (a) The Company was formed upon the issuance by the Secretary of State of the Certificate for the Company. This Agreement shall be effective at the time of such filing. Xxxxxxxx X. Xxxxxx is hereby designated as an authorized person, within the meaning of the Act, to execute, deliver and file such certificate of formation, and any action taken prior to the execution of this Agreement in connection therewith by any such person is hereby ratified and confirmed. In addition, Xxxxxx Xxx is designated as an authorized person within the meaning of the Act. The Management Directors may designate any person to be an authorized person, within the meaning of the Act.

  • Maintenance Training 16.8.1 The Seller will provide maintenance training for the Buyer’s ground personnel as further set forth in Appendix A to this Clause 16. The available courses will be as listed in the Seller’s Customer Services Catalog current at the time of the course. The practical training provided in the frame of maintenance training will be performed on the training devices in use in the Seller’s Training Centers.

  • Environmental Compliance and Conditions Except as set forth on Schedule 3.16:

  • Compliance and Confidentiality The Warrant Agent shall perform its duties under this Agreement in compliance with all applicable laws and keep confidential all information relating to this Agreement and, except as required by applicable law, shall not use such information for any purpose other than the performance of the Warrant Agent’s obligations under this Agreement.

  • Agreements and Conditions On or before the Closing Date, Seller shall have complied with and duly performed and satisfied in all material respects all agreements and conditions on its part to be complied with and performed by such date pursuant to this Agreement.

  • Conversion and Continuation Options (a) The Borrower or any Subsidiary Borrower may elect from time to time to convert Eurocurrency Loans to ABR Loans by giving the Administrative Agent prior irrevocable notice of such election no later than 11:00 A.M., New York City time, on the Business Day preceding the proposed conversion date, provided that any such conversion of Eurocurrency Loans may only be made on the last day of an Interest Period with respect thereto. The Borrower or any Subsidiary Borrower may elect from time to time to convert ABR Loans to Eurocurrency Loans by giving the Administrative Agent prior irrevocable notice of such election no later than 12:00 Noon, New York City time, on the third Business Day preceding the proposed conversion date (which notice shall specify the length of the initial Interest Period therefor), provided that no ABR Loan under a particular Facility may be converted into a Eurocurrency Loan when any Event of Default has occurred and is continuing and the Administrative Agent or the Majority Facility Lenders in respect of such Facility have determined in its or their sole discretion not to permit such conversions. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof.

Time is Money Join Law Insider Premium to draft better contracts faster.