Loss of Control Sample Clauses
Loss of Control. 1. Tree work is a controlled task. At no time should work be performed so as to result in a loss of control incident (e.g. free-falling large limbs or trunk sections, hinge cutting, lack of safety apparatus/equipment guards, improper use/loading of equipment).
2. Contractor shall be responsible to meet equipment inventory requirements sufficient to perform all work described herein.
3. Failure to maintain control at all times will be penalized. See Attachment B, Compensation & Payment.
4. In addition to penalties and/or the withholding of Contract payments, the Contractor shall be responsible for the mitigation of any damage related to a loss of control incident.
Loss of Control. (i) If KNOC ceases at any time to have Control of the Borrower; or
(ii) If the Republic of Korea ceases to directly or indirectly own at least 51% of the shares in KNOC.
Loss of Control. (a) NEG shall fail to (i) directly or indirectly own more than 50% of the equity interests in Borrower and (ii) control the fundamental management decisions of Borrower (whether through direct or indirect control of the governing body of Borrower, through a management services agreement with Borrower or otherwise), provided that the possession by a Person other than NEG of a veto power over material events with respect to Borrower (e.g., dissolution of Borrower, merger or consolidation of Borrower, sale of all or substantially all assets of Borrower, material amendments to Borrower's organizational documents) shall not in and of itself constitute a failure by NEG to control the fundamental management decisions of Borrower, or (b) except as provided in Section 6.4, Borrower shall fail to directly or indirectly own, through the applicable Approved Intermediate Holding Companies, 100% of the equity and voting interests in the Approved Project Companies.
Loss of Control. If KNOC Korea ceases at any time to have Control of the Borrower without the prior written consent of the Majority Lenders.
Loss of Control. (a) Calpine shall cease to own directly or indirectly 100% of the partnership interests in Borrower or (b) except for (x) Subsequent Projects approved pursuant to Section 3.3 which are at least fifty percent (50%) owned by Borrower, (y) Unfunded Subsequent Projects or (z) as permitted in Section 6.4.2, Borrower shall cease to own 100% of any Project.
Loss of Control. (a) Calpine shall cease to indirectly own 100% of the ownership interests in Borrower, (b) the Partners shall cease to directly own 100% of the partnership interests in Borrower, (c) Borrower shall cease to directly or indirectly own 100% of the ownership interests in each of the other Portfolio Entities, or (d) except for (i) the Lost Pines 107 Project or Projects approved pursuant to Section 3.3 which are at least 50% owned by a Project Owner, or (ii) as otherwise permitted pursuant to Section 6.4.2, a Project Owner shall cease to directly own or, with respect to Turbines and other equipment leased pursuant to Equipment Leases, lease 100% of its respective Project.
Loss of Control. This is a major issue on Ruapehu District’s local roads, with loss of control having contributed to about 55% of all reported crashes over the 5 years. Most of these have occurred on rural roads with speed limits greater than 70 km/hr. Key factors in such crashes tend to be poor handling, too fast for conditions, and road or environmental factors. Actions that are to be used to target this key safety area could include: • Encourage education campaigns to improve the cornering skills of younger drivers • Support campaigns on adjusting drivers’ speed for different driving conditions • Support strategic education and enforcement campaigns targeting speed and alcohol • Maintain good road surfaces and drainage • Improve delineation around curves, for example by providing edge lines and centre lines • Ensure roadside areas are kept clear of solid objects Over the last five years 31% of crashes on local roads were speed related. • Continue to support drink-driving strategic enforcement campaigns. • Continue to support the Police’s risk targeted patrol planning. • Support the use of roving roadblocks and the booze bus in the district. • Continue to support education campaigns aimed at drink-driving. • Encourage campaigns aimed at rural communities. • Support host responsibility and designated driver programmes.
Loss of Control. For software-as-a-service (SaaS) and some platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS) solutions, the total control of hardware, software, security policies, etc., is placed in the hands of the external Cloud provider. Integration. Sometimes Public Authorities will need to integrate their internal systems with the external Cloud systems. This integration can be challenging. Availability and reliability of cloud applications. The combination of server performance, configuration errors, network design, and application architecture, may cause performance issues that are difficult to resolve. Cloud service provider lock-in. The concern is that the adoption of a Cloud Solution from a provider might make difficult the switching to a different provider. Governments around the world have started to elaborate strategies in order to harness the benefits of cloud computing. In 2011, Xxxxx Xxxxxx the U.S. Chief Information Officer, presented the Cloud First policy for Federal’s Government bodies [10]. This policy is intended to accelerate the pace at which the government will realize the value of cloud computing by requiring agencies to evaluate safe, secure cloud computing options before making any new investments. In a similar way, Canada and UK Governments have adopted a Cloud First approach to public services provisioning [12,13]. In September 2012, the European Commission adopted a strategy for “Unleashing the Potential of Cloud Computing in Europe”. The strategy is designed to speed up and increase the use of cloud computing across all economic sectors [14]. Despite the existence of the “Cloud First” policies, which mandates Government Agencies to take full advantage of cloud computing benefits to maximize capacity utilization, improve IT flexibility and responsiveness, and minimize cost, Public Authorities worldwide are not yet comfortable using Cloud Solutions. The STORM CLOUDS solutions aim to contribute, both methodologically and technically, to this problem.
Loss of Control. The percentage of Framatomes direct interest in the Securities and voting rights comprising the capital stock of the Borrower falls to 66.67% or less.
Loss of Control. The occurrence of any of the following:
(a) At any time prior to Term-Conversion, without the prior written consent of Agent and the Required Banks, any Transfer of an ownership interest in Borrower shall occur, other than a transfer (i) to any Affiliate of Calpine reasonably approved by the Agent and the Required Banks and (ii) to Philxxxx xxxsuant to the Equity Rights Agreement;
(c) Calpine shall cease to directly or indirectly (i) own and control at least 50% of the partnership interests in Borrower or (ii) maintain a controlling managing general partner interest in Borrower;
(d) CPC shall cease to directly own and control 100% of the managing general partnership interests in Borrower; or
(e) any Transfer (including the transfers described in Sections (a), (b), (c) and (d) above) unless (i) no Event of Default or Inchoate Default shall have occurred and be continuing or shall occur as a result of any such Transfer; (ii) all Permits and other certificates, licenses, appraisals or requirements of any Governmental Authority with respect to such Transfer have been obtained and are in full force and effect, and such Transfer complies in all material respects with the terms, conditions and requirements thereof; (iii) such Transfer complies with the terms and conditions of the Project Documents; (iv) such Transfer complies with all applicable laws, rules, regulations, ordinances, codes, orders, decrees or judgments of any Governmental Authority having jurisdiction with respect thereto, including all federal and state securities laws; (v) all Base Equity and Additional Borrower Equity required to be deposited under the Operative Documents has been applied toward Project Costs or payment of Loans or provision therefor acceptable to Agent has been made; (vi) the intended transferee has executed and delivered to Agent a pledge and security agreement in substantially the form of Exhibit D-5 or D-6 to the Credit Agreement; and (vii) if such intended Transfer is a pledge, hypothecation or other encumbrance, the intended lienholder shall have executed and delivered a Subordination Agreement in the form of Exhibit D-8 to the Credit Agreement.