Common use of Operation and Maintenance of Property Clause in Contracts

Operation and Maintenance of Property. Manage and operate its business or cause its business to be managed and operated (A) in accordance with prudent industry practice in all material respects and in compliance with the terms and provisions of all material permits and licenses, and (B) in compliance with all Applicable Laws of the jurisdiction in which such businesses are carried on, and all Applicable Laws of every other Governmental Authority from time to time constituted to regulate the ownership, management and operation of such businesses.

Appears in 13 contracts

Samples: Subscription Agreement (Polymet Mining Corp), Purchase Agreement (Glencore PLC), Purchase Agreement (Polymet Mining Corp)

AutoNDA by SimpleDocs

Operation and Maintenance of Property. Manage and operate operate, and cause the Company to manage and operate, its business or cause its business to be managed and operated (A) in accordance with prudent industry practice in all material respects and in compliance with the terms and provisions of all material permits and licenses, and (B) in compliance with all Applicable Laws of the jurisdiction in which such businesses are carried on, and all Applicable Laws of every other Governmental Authority from time to time constituted to regulate the ownership, management and operation of such businesses.

Appears in 4 contracts

Samples: Parent Guarantee, Parent Guarantee (Glencore Holding Ag), Purchase Agreement (Polymet Mining Corp)

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