Limited Agreements Sample Clauses
Limited Agreements. The Governor, on behalf of this State, may enter into an agreement with the United States Nuclear Regulatory Commission pursuant to the Atomic Energy Act of 1954, Section 274i, as amended, other federal government agencies, where authorized by law, or other states or interstate agencies, whereby this State will perform on a cooperative basis inspections or other functions relating to control of sources of radiation. [PL 1983, c. 345, §§13, 14 (NEW).]
Limited Agreements. This Agreement is intended by the parties to ------------------ govern only those rights and obligations described herein, and it is not the parties' intent to abrogate any other rights in favor of Executive or the Company provided under Federal or State Law.
Limited Agreements. Reduction in force, not achieved through attrition, shall be accommodated by not renewing limited agreements of employment. Limited agreements are defined as long-term replacement agreements issued for not more than one normal work year and Temporary Ninety-Day Certificates. Notice of non-renewal shall be in accordance with Section 10-151a of the Connecticut General Statutes.
Limited Agreements. On the Amendment Effective Date (as defined below), Sun Coal & Coke LLC intends to do each of the following (collectively, the “MLP IPO Transactions”): (i) Dispose of 65% of the Capital Stock in Middletown Coke Company, LLC and Haverhill Coke Company LLC to SunCoke Energy Partners, L.P., a Delaware limited liability company and an Unrestricted Subsidiary (the “MLP”), in exchange for cash and Investments in the MLP and (ii) issue Capital Stock in the MLP as part of the IPO (as defined below) of the MLP. In reliance on the representations, warranties, covenants and agreements contained in this Agreement, and subject to the terms and conditions set forth in this Section 3, the Administrative Agent, the Required Lenders, and the Majority Facility Lenders with respect to the Tranche B Term Facility, hereby agree that:
(i) the MLP IPO Transactions shall be permitted notwithstanding the provisions of Section 7.5 (as amended by this Amendment) and without resort to, or usage of, any of the permitted exceptions to Section 7.5 (as amended by this Amendment);
(ii) each MLP IPO Transaction shall be deemed not to be an “Asset Sale”, a “Disposition”, or a “Special Asset Sale” (as those terms are defined in the Credit Agreement) for purposes of the Credit Agreement; and
(iii) for the avoidance of doubt, Section 2.11(b) shall not be applicable to the MLP IPO Transactions. The limited agreements contained in this Section 3 are one-time agreements applicable solely to the MLP IPO Transactions as described herein. Nothing contained herein shall be deemed an agreement or consent to or waiver of, or a commitment or obligation on the part of the Administrative Agent or the Lenders to any future consent to or waiver of, any other action or inaction on the part of the Borrowers or the other Loan Parties which constitutes (or would constitute) a violation of or departure from any covenant, condition or other obligation of the Loan Parties under the Credit Agreement and the other Loan Documents. Neither the Lenders nor the Administrative Agent shall be obligated to grant any future waivers or consents with respect to any provision of the Credit Agreement or any other Loan Document. Any further waivers or consents must be specifically agreed to in writing in accordance with Section 10.1 of the Credit Agreement.