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Mode of Operations Sample Clauses

Mode of Operations. 4.1 Party A shall ensure and procure its associates and Party B shall ensure and procure its affiliates to execute the specific products and service contracts in compliance with the principles and terms of this Agreement. 4.2 The respective product and service contracts executed between Party A (and its associates) and Party B (and its affiliates) prior to January 1, 2014 and which are valid after January 1, 2014 and shall be deemed as signed pursuant to the principles and terms of this Agreement. Corresponding amendments shall be made to such contracts if the principles and terms of such contracts are inconsistent with those set out in this Agreement. 4.3 The term of the respective product and service contracts executed pursuant to Articles 1.1.1, 1.1.2 and 1.2.1 to 1.2.4 shall not exceed three years. If the term of these contracts does not exceed three years but the expiry date thereof is later than December 31, 2016, then the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ". 4.4 The terms of the liquefied natural gas contracts and the natural gas contract executed pursuant to Article 1.1.3 of this Agreement shall not exceed 25 years and 20 years respectively, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant tor the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited ". 4.5 The term of the specific service contracts executed pursuant to Article 1.2.5 of this Agreement shall not exceed 20 years, and the following provision shall be incorporated into these contracts: "This contract shall terminate on December 31, 2016 if, as of December 31, 2016, CNOOC Limited fails to obtain the waiver for the relevant category of connected transaction in respect of this contract for the 3 year period between 2017 and 2020 pursuant to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Ko...
Mode of OperationsProfessional Indemnity Insurance: a. Every Web Aggregator shall possess and continue to maintain a Professional Indemnity Insurance Cover with a minimum limit of liability of N20Miliion or 50% of its annual gross commission income (whichever is higher) throughout the validity period of the Licence granted by the Commission. b. The Indemnity Cover shall be on a yearly basis for the entire period of its licence.
Mode of Operations. 3.1 The Parties and Party B shall ensure and procure its subsidiaries to, if necessary, enter into separate financial service agreements on normal commercial terms and in compliance with the terms of this Agreement, and cause separate financial service agreements to be in accordance with the principles set out in this Agreement and subject to the requirements of the PRC laws and regulations (including but not limited to requirements of the Listing Rules). 3.2 The term of such separate financial service agreements executed pursuant to this Agreement shall not exceed three years. Where the term of such agreement does not exceed three years but the expiry date thereof is later than December 31, 2019, then the following provision shall be incorporated into these agreements: “In the event that CNOOC Limited fails to comply with the applicable requirements under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to connected transactions, unless CNOOC Limited can satisfy the conditions of the relevant exemptions, this contract shall be terminated on December 31, 2019”. 3.3 The financial service agreements which were executed between Party A and Party B or its subsidiaries prior to the effective date of this Agreement and has not expired, shall be valid after this Agreement becomes effective and shall be deemed as separate financial service agreements signed in compliance with the principles and terms of this Agreement. Corresponding amendments, however, shall be made in accordance with the principles and terms of this Agreement if the principles and terms of such agreements are inconsistent with those set out in this Agreement.
Mode of OperationsRights and Obligations
Mode of Operations of the Service [This should be submitted as apart of the operational plan] a) The collection, Transfer and Transportation system desired under work plan is on Build, Operate and Transfer of the immovable/movable infrastructure after a period of 20 years, b) Payment for work of collection, Transfer and Transportation of Biodegradable and Recyclable waste is on per ton basis, based on criteria of day’s performance specified in the tender c) Based on its micro plan, the successful bidder shall prepare for streetwise plan of doorstep collection indicating generators collection points, waste expected, type of vehicle, vehicle route, , timings of collection, manpower allotted to each vehicle and output expected. Auto Cad Map of the area : Identify vehicle allocation recommended for each area ; device and xxxx routes of the vehicle and equipment; decide on stop and identify transfer point and xxxx on map ; assign route no , timings to each vehicle route. Prepare Summary of Daily Route Plans for all the two types of services Doorstep and on Demand Daily Route wise Plan and Record of Attendance. The results are required to be recorded for every vehicle or equipment trip, every day to ascertain the completion of desired quantity of work with acceptable quality in stipulated time while implementing the system. Identifying Places of Operations and Maintenance Infrastructure
Mode of Operations. For Rural Lending Products Self Any one Partner Others Either or survivor Any one Trustee Prop./ Auth. Sig. Jointly by all Any Two Jointly As Per Resolution

Related to Mode of Operations

  • Statement of Operations Statement of Changes in Net Assets.

  • Date of Operation 3.1 This Agreement remains in force until 2/7/2027. The agreement will continue to apply beyond its expiration date until it is replaced in accordance with the FW Act.

  • Change of Operations To: Members of Local Union 710 Dear Brothers and Sisters: As you know, we have a tentative agreement for the UPS Cartage Services, Inc. Supplemental Agreement. Article 2 of the re-negoti- ated CSI Supplement outlines the National Master UPS Agreement (NMA) Articles that may be applied to your Addendum. You will note that several NMA articles are not applicable. These are sub- jects that are either addressed in the CSI Supplement or are not op- erationally applicable to CSI. Where there are two provisions covering the same subject, one in the Local Addendum and one in the National Master UPS Agree- ment, the following provisions of the National Master UPS Agree- ment shall apply:

  • Hours of Operation Tenant will carry on its business diligently and continuously in the Premises and will keep the Premises open for business not less than sixteen (16) consecutive hours each day seven (7) days per week, including holidays. Director or his/her representative may, from time to time, change such required hours of operation, in which event, Tenant will remain open during such revised hours. Similarly, Tenant may, from time to time, request to revise its hours of operation. Such change must be approved by Director or his/her representative, in writing, prior to its occurrence. Tenant may not, at any time, vacate or abandon the Premises.

  • Commencement of Operations The Partnership shall not begin operations on its Leases unless the Managing General Partner is satisfied that necessary title requirements have been satisfied.

  • PERIOD OF OPERATION Subject to certification, this Agreement shall come into force from the first pay period commencing on or after 1st December 2002 and shall remain in force until 31 October 2005.

  • TRANSFER OF OPERATIONS Purchaser shall be entitled to immediate possession of, and to exercise all rights arising under, the Assets from and after the time that the Restaurants open for business on the Closing Date, and operation of the Restaurants shall transfer at such time (the "Effective Time"). Except as expressly provided in this Agreement, all profits, losses, liabilities, claims, or injuries arising before the Effective Time shall be solely to the benefit or the risk of Seller. All such occurrences after the Effective Time shall be solely to the benefit or the risk of Purchaser. The risk of loss or damage by fire, storm, flood, theft, or other casualty or cause shall be in all respects upon Seller prior to the Effective Time and upon the Purchaser thereafter.

  • CONTINUITY OF OPERATIONS Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.