Operation by Owners Sample Clauses

Operation by Owners. In the event, for a period exceeding twenty-four (24) consecutive hours, Operator fails to operate THE PROJECT at all or substantially all of its full Capacity in breach of this Agreement or as a result of a strike or other form of labor action by the THE PROJECT Workforce, Owners shall have the right to (a) assume care, custody and control for operation and maintenance of THE PROJECT and (b) retain such other Persons as Owners, in their reasonable discretion, deem necessary or advisable for such purposes. Owner shall permit Operator to resume the operation and maintenance of THE PROJECT when such breach has been cured or such strike or labor action has been settled, and Operator is capable of resuming the operation and maintenance of THE PROJECT in accordance with this Agreement.
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Operation by Owners. In the event, for a period exceeding twenty-four (24) consecutive hours, Operator fails to operate BSP II at all or substantially all of its full Capacity in breach of this Agreement or as a result of a strike or other form of labor action by the BSP Workforce, Owners shall have the right to (a) assume care, custody and control for operation and maintenance of BSP II and (b) retain such other Persons as Owners, in their reasonable discretion, deem necessary or advisable for such purposes. Owner shall permit Operator to resume the operation and maintenance of BSP II when such breach has been cured or such strike or labor action has been settled, and Operator is capable of resuming the operation and maintenance of BSP II in accordance with this Agreement.

Related to Operation by Owners

  • Cooperation by Holders The Partnership shall have no obligation to include Registrable Securities of a Holder in a Registration Statement or in an Underwritten Offering pursuant to Section 2.03(a) if such Holder has failed to timely furnish such information that the Partnership determines, after consultation with its counsel, is reasonably required in order for any registration statement or prospectus supplement, as applicable, to comply with the Securities Act.

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Information by Holders The Holder or Holders of Registrable Securities included in any registration shall furnish to the Company such information regarding such Holder or Holders, the Registrable Securities held by them and the distribution proposed by such Holder or Holders as the Company may reasonably request in writing and as shall be required in connection with any registration, qualification or compliance referred to in this Agreement. It is understood and agreed that the obligations of the Company under Article I or II are conditioned on the timely provisions of the foregoing information by such Holder or Holders and, without limitation of the foregoing, will be conditioned on compliance by such Holder or Holders with the following:

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • INFORMAL ACTION BY MEMBERS Any action required to be taken at a meeting of the Members may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the Members having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Members entitled to vote thereon were present and voted with respect to the subject matter thereof.

  • Termination by Company The Company is authorized to terminate this Fee Agreement at any time with respect to all or part of the Project upon providing the County with thirty (30) days’ written notice; provided, however, that (i) any monetary obligations existing hereunder and due and owing at the time of termination to a party hereto (including without limitation any amounts owed with respect to Section 4.03 hereof); and (ii) any provisions which are intended to survive termination shall survive such termination. In the year following such termination, all property shall be subject to ad valorem taxation or such other taxation or fee in lieu of taxation that would apply absent this Fee Agreement. The Company’s obligation to make FILOT Payments under this Fee Agreement shall terminate in the year following the year of such termination pursuant to this section.

  • Action by Holders Whenever in this Indenture it is provided that the Holders of a specified percentage of the aggregate principal amount of the Notes may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action, the Holders of such specified percentage have joined therein may be evidenced (a) by any instrument or any number of instruments of similar tenor executed by Holders in person or by agent or proxy appointed in writing, or (b) by the record of the Holders voting in favor thereof at any meeting of Holders duly called and held in accordance with the provisions of Article 9, or (c) by a combination of such instrument or instruments and any such record of such a meeting of Holders. Whenever the Company or the Trustee solicits the taking of any action by the Holders of the Notes, the Company or the Trustee may, but shall not be required to, fix in advance of such solicitation, a date as the record date for determining Holders entitled to take such action. The record date if one is selected shall be not more than fifteen days prior to the date of commencement of solicitation of such action.

  • Termination by Agreement both parties may agree to terminate this Agreement;

  • Termination by Sellers This Agreement may be terminated at any time prior to the Closing Date by Sellers as follows:

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