Opening for Business Sample Clauses

Opening for Business. Tenant shall proceed with due diligence to open for business at the Leased Premises on or prior to the Opening Date but in no event later than thirty (30) days following the Opening Date, and shall thereafter continuously, actively, and diligently operate its business on the whole of the Leased Premises in a reputable manner, maintaining in the Leased Premises a full staff of employees and a full appropriate stock of merchandise during Regular Business Hours throughout the Lease Term, unless prevented from so doing by fire, strikes, or other contingencies beyond Tenant’s control.
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Opening for Business. The Tenant shall open the Leased Premises for business fully fixtured, stocked and staffed on the Commencement Date (or on the expiry of the Fixturing Period) failing which the Tenant shall pay as liquidated damages the sum of $ 150.00 Dollars per day until it so opens. If the Tenant does not open for business within thirty (30) days after the Commencement Date, the Landlord may terminate the Lease without prejudice to any other remedies available to the Landlord.
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Opening for Business. The Developer shall open the Project. Within twenty four (24) months of Closing.
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Opening for Business. Franchisee shall open the Fitness Center for business as follows: (a) If the location requires the installation of Improvements (as hereinafter defined), then Franchisee shall open the Fitness Center for business upon completion thereof; provided, however, that Franchisee shall not delay the completion of the Improvements; and provided further, that (subject only to force majeure) Franchisee shall open the Fitness Center for business not later than one hundred and eighty (180) days after the date Franchisee's location is approved by Franchisor. (b) If the location does not require the installation of Improvements, then Franchisee shall open the Fitness Center as soon as practicable after receiving possession of the Fitness Center Premises; provided, however, that Franchisee shall not delay taking delivery of possession. (c) In the event the Fitness Center is not open for business on or before the time provided for above, Franchisor may terminate this Agreement upon thirty (30) days' prior written notice to Franchisee, unless the Fitness Center shall open for business pursuant to the terms of this Agreement within such thirty (30) day period. (d) For purposes of this Section 3.5(d), "Improvements" shall mean and include all improvements necessary or required to operate a Fitness Center including, but not limited to, electrical, plumbing, and carpentry work, floor treatment, structural modifications including walls, wall treatments, heating, ventilating, and air conditioning, ceiling, and sheet metal work. PTI/fa-5 6 (e) In no event shall the Fitness Center be opened for business until: (i) all Franchisee's obligations under this Section 3.5 have been fulfilled; (ii) Franchisor determines that the Fitness Center has been constructed, decorated, furnished, equipped and stocked with materials and supplies in accordance with plans and specifications Franchisor has approved; (iii) the initial training program has been completed to Franchisor's satisfaction by all required persons; (iv) the initial franchise fee and all other amounts due to Franchisor have been paid; (v) Franchisee has furnished Franchisor with all Certificates of Insurance required by Article XII herein; (vi) Franchisee has obtained all required governmental permits, licenses and authorizations necessary for the operation of the Fitness Center; (vii) Franchisee is in full compliance with all the terms of this Agreement; and (viii) all items in Franchisor's opening checklist have been complied wi...
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Opening for Business. 43RD: In the event Tenant fails to open the demised premises for business within 150 days after this Lease Agreement is signed by the parties, Landlord may, at its sole election, terminate the within Lease Agreement. In the event Landlord exercises its option to terminate the Lease Agreement pursuant to this paragraph, Landlord shall be entitled to recover from Tenant, in addition to any other remedies provided for in this Lease Agreement or available at law or in equity, rent and additional rent through to and including the last day of the month in which it exercises its option to terminate. This paragraph 43rd shall not be operative for delays caused by factors beyond the Tenant's control provided that the Tenant has exercised commercially reasonable diligence and substantively performed all commercially reasonable acts necessary to actively pursue in good faith the opening of the Tenant's operation. Notwithstanding anything herein to the contrary, if Tenant fails, for any reason whatsoever, to open the demised premises for business within 240 days after this Lease Agreement is signed by the parties, Landlord may, at its sole election, terminate the within Lease Agreement. Conformation with Laws and Regulations
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Opening for Business. Tenant shall proceed with due diligence to open for business on the Leased Premises within 30 days after the Rental Commencement Date, and shall thereafter continuously, actively, and diligently operate its business on the whole of the Leased Premises in a reputable manner, maintaining in the Leased Premises a full staff of employees during Regular Business Hours throughout the Lease Term unless prevented from so doing by fire, strikes, or other contingencies beyond Tenant's control. As used in this Lease, the term "Regular Business Hours" shall mean the dates and hours that Banks are customarily open for customer deposits and withdrawals.
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Opening for Business. Tenant shall proceed with due diligence to open for business at the Leased Premises on or prior to the Rent Commencement Date but in no event later than thirty (30) days following the Rent Commencement Date, and shall thereafter continuously, actively, and diligently operate its business on the whole of the Leased Premises in a reputable manner, maintaining in the Leased Premises a full staff of employees and a full appropriate stock of inventory during Regular Business Hours (as hereinafter defined) throughout the Lease Term, unless prevented from so doing by fire, strikes, or other contingencies beyond Tenant’s control.
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Related to Opening for Business

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • Competitive Products Competitive Products" means products that serve the same function as, or that could be used to replace, products the Company provided to, offered to, or was in the process of developing for a present, former, or future possible customer/partner at any time during the twelve (12) months immediately preceding the last day of Participant's employment (or at any time during Participant's employment if Participant was employed for less than 12 months), with which Participant had direct responsibility for the sale or development of such products or managing those persons responsible for the sale or development of such products.

  • Competitive Business “Competitive Business” shall mean an enterprise that is in the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executive’s employment with the Bank.

  • Combination Products If a LICENSED PRODUCT is sold to any third party in combination with other products, devices, components or materials that are capable of being sold separately and are not subject to royalties hereunder (“OTHER PRODUCTS,” with the combination of products being referred to as “COMBINATION PRODUCTS” and the Other Product and Licensed Product in such Combination Product being referred to as the “COMPONENTS”), the NET SALES of such LICENSED PRODUCT included in such COMBINATION PRODUCT shall be calculated by multiplying the NET SALES of the COMBINATION PRODUCT by the fraction A/(A+B), where A is the average NET SALES price of such LICENSED PRODUCT in the relevant country, as sold separately, and B is the total average NET SALES price of all OTHER PRODUCTS in the COMBINATION PRODUCT in the relevant country, as sold separately. If, in any country, any COMPONENT is not sold separately, NET SALES for royalty determination shall be determined by the formula [C / (C+D)], where C is the aggregate average fully absorbed cost of the Licensed Product components during the prior Royalty Period and D is the aggregate average fully absorbed cost of the other essential functional components during the prior Royalty Period, with such costs being determined in accordance with generally accepted accounting principles. To the extent that any SUBLICENSE INCOME relates to a COMBINATION PRODUCT or is otherwise calculated based on the value of one or more licenses or intellectual property rights held by the COMPANY, an AFFILIATE or SUBLICENSEE, COMPANY shall determine in good faith and report to THE PARTIES the share of such payments reasonably attributable to COMPANY’s or such AFFILIATE’s sublicense of the rights granted hereunder, based upon their relative importance and proprietary protection, which portion shall be the SUBLICENSE INCOME. THE PARTIES shall have the right to dispute such sharing determination in accordance with the dispute provisions of the AGREEMENT.

  • Separate Business CAC shall not: (i) fail to maintain separate books, financial statements, accounting records and other corporate documents from those of Funding; (ii) commingle any of its assets or the assets of any of its Affiliates with those of Funding (except to the extent that CAC acts as the Servicer of the Loans); (iii) pay from its own assets any obligation or indebtedness of any kind incurred by Funding (or the Trust); and (iv) directly, or through any of its Affiliates, borrow funds or accept credit or guaranties from Funding.

  • Time Off for Union Business ‌ (a) Leave of absence without pay shall be granted upon request for the reasons set out below unless it would unduly interrupt the Employer's operations: (1) to an elected or appointed representative of the Union to attend conventions of the Union and bodies to which the Union is affiliated, to a maximum of 21 days per occurrence; (2) for elected or appointed representatives of the Union to attend to union business which requires them to leave their general work area; (3) for employees who are representatives of the Union on a bargaining committee. (b) Long-term leave of absence without pay shall be granted to employees designated by the Union to transact union business for specific periods of not less than 21 days unless this would unduly interrupt the operation of the department. Such requests shall be made in writing sufficiently in advance to minimize disruption of the department. Employees granted such leave of absence shall retain all rights and privileges accumulated prior to obtaining such leave. Seniority shall continue to accumulate during such leave and shall apply to such provisions as annual vacations, increments and promotions. (c) When leave of absence without pay is granted pursuant to Part (a) or (b), the leave shall be given with pay and the Union shall reimburse the Employer for salary and benefit costs, including travel time incurred, within 60 days of receipt of the invoice. It is understood that employees granted leave of absence pursuant to this clause shall receive their current rates of pay while on leave of absence. Leave of absence granted under this clause shall include sufficient travel time. The pay and benefits received by the employee and reimbursed by the Union under this article shall be based on the number of hours to which the Union indicates, in writing, the employee is entitled. This provision does not apply to employees on extended leaves of absence who are employed by the Union on a full-time basis. (d) Leave of absence with pay and without loss of seniority will be granted to an employee called to appear as a witness before an arbitration board, provided the dispute involved the Employer. On application, the Arbitration Board may determine summarily the amount of time required for the attendance of any witness. (e) The Union shall provide the Employer with reasonable notice to minimize disruption of the operation and shall make every reasonable effort to give a minimum of 14 days’ notice prior to the commencement of leave under (a) or (b) above. The Employer agrees that any of the above leaves of absence shall not be unreasonably withheld.

  • Competing Business Competing Business" means any financial institution or trust company that competes with, or will compete in any of the Counties with, the Bank or any affiliate of the Bank. The term "Competing Business" includes, without limitation, any start-up or other financial institution or trust company in formation.

  • Non-Marketing Purposes Enertech Information Systems, Inc. greatly respects your privacy. We do maintain and reserve the right to contact you if needed for non-marketing purposes (such as bug alerts, security breaches, account issues, and/or changes in Enertech Information Systems, Inc. products and services). In certain circumstances, we may use our website, newspapers, or other public means to post a notice. Enertech Information Systems, Inc.'s website is not directed to, and does not knowingly collect personal identifiable information from, children under the age of thirteen (13). If it is determined that such information has been inadvertently collected on anyone under the age of thirteen (13), we shall immediately take the necessary steps to ensure that such information is deleted from our system's database, or in the alternative, that verifiable parental consent is obtained for the use and storage of such information. Anyone under the age of thirteen (13) must seek and obtain parent or guardian permission to use this website.

  • Marketing Services The Manager shall provide advice and assistance in the marketing of the Vessels, including the identification of potential customers, identification of Vessels available for charter opportunities and preparation of bids.

  • Change in Business Borrower shall not enter into any line of business other than the ownership and operation of the Property, or make any material change in the scope or nature of its business objectives, purposes or operations, or undertake or participate in activities other than the continuance of its present business.

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