MAINTENANCE OF STATION Sample Clauses

MAINTENANCE OF STATION. The Partnership and the General Partner shall maintain in full force and effect through and including the Closing Date the existing property damage, liability, and other insurance with respect to the Station Assets to cover contingencies that can reasonably be anticipated.
Sample 1Sample 2
AutoNDA by SimpleDocs
MAINTENANCE OF STATION. Subject to the MA, Seller shall continue to carry on the Station business and keep its books of account, records, and files in the ordinary course of business and shall continue to operate the Station in all material respects in accordance with the terms of the FCC Licenses and in material compliance with all applicable rules, regulations, policies and laws. To that end, Seller will file with the FCC any and all reports, applications, and disclosures as may be required by the Act or FCC rules or policies. Seller shall maintain in full force and effect through and including the Closing Date the existing property damage, liability, and other insurance with respect to the Station Assets to cover contingencies that can reasonably be anticipated. Prior to the Closing, Seller will not, without the prior written consent of Buyer: 4.1.1. sell, lease, transfer, or agree to sell, lease, or transfer any Station Assets without replacement thereof with an asset of equivalent kind, condition, and value; 4.1.2. enter into any collective bargaining agreement or written contract of employment without Buyer's prior approval, unless said contract is subject to cancellation upon thirty (30) days notice without penalty to Buyer; 4.1.3. renew, renegotiate, modify, amend, or terminate any existing Time Sales Agreements with respect to the Station except in the ordinary course of business;
Sample 1Sample 2
MAINTENANCE OF STATION. RBSLC and the Members shall continue to carry on the Station business in accordance with past practices (it being acknowledge that the Station has not yet been constructed) and keep its books of account, records, and files in the ordinary course of business and shall construct the Station in accordance with the terms of the CP and in material compliance with all applicable rules, regulations, policies and laws. To that end, the Members will cause RBSLC to (1) timely file with the FCC any and all reports, applications, and disclosures as may be required by the Act or FCC rules or policies; and (2) maintain in full force and effect through and including the Closing Date property damage, liability, and other insurance with respect to RBSLC's assets to cover contingencies that can reasonably be anticipated. Prior to the Closing, the Members will not, without the prior written consent of ACME, allow or cause RBSLC to: 4.1.1. sell, lease, transfer, or agree to sell, lease, or transfer any of RBSLC's assets without replacement thereof with an asset of equivalent kind, condition, and value, except that RBSLC may distribute to its members or otherwise dispose of cash and notes receivable from affiliated entities without replacement thereof; 4.1.2. enter into any collective bargaining agreement or written contract of employment, unless said contract is subject to cancellation upon thirty (30) days notice; 4.1.3. enter into any contract or agreement; or 4.1.4. make, allow, or consent to any material change in the Real Estate Leases or in any buildings, leasehold improvements, or fixtures used or useful in the construction or operation of the Station, except in order to effectuate the construction of the Station in accordance with the terms of the MA.
Sample 1Sample 2
MAINTENANCE OF STATION. Seller shall continue to carry on the Station's business and keep its books of account, records, and files in the ordinary course of business. Seller also shall continue to operate the Station in all material respects in accordance with the terms of the FCC Licenses and in material compliance with all applicable rules, regulations, policies and laws. Seller will maintain in full force and effect through and including the Closing Date existing property damage, liability, and other insurance with respect to the Station Assets and to cover contingencies that can be reasonably anticipated. Prior to the Closing, Seller will not, without the prior written consent of Buyer: 1. sell, lease, transfer, or agree to sell, lease, or transfer any Station Assets without replacement thereof with a substantially equivalent asset of substantially equivalent kind, condition, and value; 2. enter into any collective bargaining agreement; 3. renew, renegotiate, modify, amend, or terminate any existing time sales contracts with respect to the Station except in the ordinary course of business; 4. enter into or amend any contract or commitment with respect to the Station or the Station Assets in excess of $25,000 unless such contract or amended contract is cancellable upon 30 days notice without liability; 5. make any material change in the Station's buildings, leasehold improvements, or fixtures except in the ordinary course of business; or 6. except in the ordinary course of business consistent with prior practices, (i) grant or agree to grant any general increases in the rates of salaries or compensation payable to employees of the Station; (ii) grant or agree to grant any specific bonus or increase to any executive or management employee of the Station; or (iii) provide for any new pension, retirement or other employment benefits for employees of the Station or any increases in any existing benefits.
Sample 1Sample 2
MAINTENANCE OF STATION. Subject to the MA, Seller shall continue to keep its books of account, records, and files in the ordinary course of business and shall continue to construct the Station in accordance with the terms of the CP and in material compliance with all applicable rules, regulations, policies and laws. To that end, Seller will file with the FCC any and all reports, applications, and disclosures as may be required by the Act or FCC rules or policies. Seller shall maintain in full force and effect through and including the Closing Date the existing property damage, liability, and other insurance with respect to the Assets to cover contingencies that can reasonably be anticipated. Prior to the Closing, Seller will not, without the prior written consent of Buyer: 4.1.1. sell, lease, transfer, or agree to sell, lease, or transfer any Assets without replacement thereof with an asset of equivalent kind, condition, and value; 4.1.2. enter into any collective bargaining agreement or written contract of employment without Buyer's prior approval, unless said contract is subject to cancellation upon thirty (30) days notice without penalty to Buyer; 4.1.3. subject to Section 1.1.1.(b) hereof, enter into any contract or agreement with respect to the Station or the Assets except as provided in this Agreement; 4.1.4. enter into any lease with respect to the Station or the Assets except leases set out in Schedule 3 hereto; 4.1.5. make, allow, or consent to any material change in the Real Property or in any buildings, leasehold improvements, or fixtures intended for use or useful in the operation of the Station except in the ordinary course of business; 4.1.6. make any material change in its insurance policies ; or
Sample 1Sample 2
MAINTENANCE OF STATION. Subject to the LMA, Seller shall continue to carry on the Station business and keep its books of account, records, and files in the ordinary course of business and shall continue to operate the Station in all material respects in accordance with the terms of the FCC Licenses and in material compliance with all applicable rules, regulations, policies and laws except as otherwise disclosed in Schedule 10, in which case Seller shall operate the Station in accordance with its current practices. To that end, Seller will file with the FCC any and all reports, applications, and disclosures as may be required by the Act or FCC rules or policies. Seller shall maintain in full force and effect through and including the Closing Date the existing property damage, liability, and other insurance with respect to the Station Assets to cover contingencies that can reasonably be anticipated. Prior to the Closing, Seller will not, without the prior written consent of Buyer: 4.1.1 sell, lease, transfer, or agree to sell, lease, or transfer any Station Assets without replacement thereof with an asset of equivalent kind, condition, and value; 4.1.2 enter into any collective bargaining agreement or written contract of employment without Buyer's prior approval, unless said contract is subject to cancellation upon thirty (30) days notice without penalty to Buyer; 4.1.3 renew, renegotiate, modify, amend, or terminate any existing Time Sales Agreements with respect to the Station except in the ordinary course of business;
Sample 1
MAINTENANCE OF STATION. Subject to the MA, RBSLC and Sellers shall continue to carry on the Station business and keep its books of account, records, and files in the ordinary course of business and shall construct the Station in accordance with the terms of the CP and in 9 material compliance with all applicable rules, regulations, policies and laws. To that end, Sellers will cause RBSLC to (1) timely file with the FCC any and all reports, applications, and disclosures as may be required by the Act or FCC rules or policies; and (2) maintain in full force and effect through and including the Closing Date property damage, liability, and other insurance with respect to RBSLC's assets to cover contingencies that can reasonably be anticipated. Prior to the Closing, Sellers will not, without the prior written consent of Buyer, allow or cause RBSLC to: 4.1.1 sell, lease, transfer, or agree to sell, lease, or transfer any of RBSLC's assets without replacement thereof with an asset of equivalent kind, condition, and value; 4.1.2 enter into any collective bargaining agreement or written contract of employment, unless said contract is subject to cancellation upon thirty (30) days notice; 4.1.3 enter into any contract or agreement; or 4.1.4 make, allow, or consent to any material change in the Real Estate Leases or in any buildings, leasehold improvements, or fixtures used or useful in the construction or operation of the Station.
Sample 1
AutoNDA by SimpleDocs

Related to MAINTENANCE OF STATION

  • Maintenance of Status The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

  • MAINTENANCE OF STANDARDS The Employer agrees, subject to the following provisions, that all conditions of employment in his/her individual operation relating to wages, hours of work, overtime differentials and general working conditions shall be maintained at not less than the highest standards in effect at the time of the signing of this Agreement, and the conditions of employment shall be improved whenever specific provisions for improvement are made elsewhere in this Agreement.

  • Maintenance of Listing The Company will use commercially reasonable efforts to effect and maintain the listing of (x) the Units and Warrants on the NYSE (or another national securities exchange) until the consummation of the Business Combination or until such earlier time at which the Liquidation occurs, and (y) the Common Stock on the NYSE (or another national securities exchange) until five years from the date of the consummation of the Business Combination or until such earlier time at which Liquidation occurs.

  • Maintenance of Business The Borrower shall, and shall cause each Subsidiary to, preserve and maintain its existence, except as otherwise provided in Section 8.10(c)

  • Construction and Maintenance There are on-going maintenance, renovation and construction projects taking place in and around the residences. The work typically takes place during regular business hours, but may begin earlier or extend into evenings or weekends. On-going construction or renovation projects will continue through midterm and final exam periods. The University will take measures to ensure that prudent construction practices are followed, but there may be noise, dust and temporary interruption of some services. Residents may be required to temporarily or permanently relocate to facilitate construction or renovation to their residence area. There will be no compensation or reduction to your residence fees due to disruption and/or relocation.

  • Installation and Maintenance Except for the bi‐directional and production metering equipment owned by the City, all equipment on Customer’s side of the delivery point, including the required disconnect device, shall be provided and maintained in satisfactory operating condition by Customer and shall remain the property and responsibility of the Customer. The City will bear no responsibility for the installation or maintenance of Customer’s equipment or for any damage to property as a result of any failure or malfunction thereof. The City shall not be liable, directly or indirectly for permitting or continuing to allow the interconnection of the Facility or for the acts or omissions of Customer or the failure or malfunction of any equipment of Customer that causes loss or injury, including death, to any party.

  • Use of State Facilities Where there is available appropriate meeting space in buildings owned or leased by the State, MSEA-SEIU shall be allowed reasonable use of such space at reasonable times for specific meetings, including space suitable for meetings in private between MSEA-SEIU staff representatives or stewards and employees in the investigation and processing of grievances. In addition, in buildings owned or leased by the State that have video conferencing facilities, MSEA-SEIU may be allowed reasonable use of those facilities. Advance arrangements for the use of State facilities shall be made with the department or agency concerned. MSEA-SEIU shall reimburse the State for any additional expense incurred in allowing use of such space. No other employee organization, except such as have been certified or recognized as the bargaining agent for other State employees, shall have the right to meeting space in State facilities for purposes pertaining to terms and conditions of employment of employees. The use of State facilities for meetings shall be in non-work areas or where work is not in progress. Other than meetings in private between MSEA- SEIU staff representatives or stewards and employees in the investigation and processing of grievances, all meetings in State facilities shall be during the off- duty time of employees attending and, in all instances, attendance shall be voluntary. Arrangements for any meetings in State facilities will be made so as to avoid interference with the department's or agency's operations or violation of the department's or agency's security.

  • Maintenance of Licenses The Owner Trustee will obtain and maintain any licenses that the Administrator informs the Owner Trustee are required to be obtained or maintained by the Owner Trustee under the laws of any State in connection with the Owner Trustee’s duties and obligations under the Transaction Documents.

  • System Maintenance The Trust understands that USBFS will perform periodic maintenance to the System(s), which may cause temporary service interruptions. To the extent possible, USBFS shall notify the Trust of all planned outages and will perform any necessary maintenance during non-business hours.

  • Maintenance of Equipment The Equipment shall be maintained in good operating condition and repair (reasonable wear and tear excepted) and all necessary replacements of and repairs thereto shall be made so that the value and operating efficiency of the Equipment shall be maintained and preserved. No Borrower shall use or operate the Equipment in violation of any law, statute, ordinance, code, rule or regulation. Each Borrower shall have the right to sell Equipment to the extent set forth in Section 4.3 hereof.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!