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Operational Efficiencies Sample Clauses

Operational Efficiencies. Within the framework provided by the FF Operative Documents, the Parties shall cooperate to ensure that there is no significant adverse effect on [***] as a result of the [***] Party’s exercise of [***]; provided, that the [***] corresponding to the applicable [***] shall not in and of itself constitute [***].
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Operational Efficiencies. The Separation and the Distribution will provide us the opportunity to streamline the corporate organization of the entity that holds the LookSmart Business, which we believe will result in significant savings to the Company over the long term. For example, Group is incorporated in Nevada as opposed to Delaware, where LS is incorporated. Under Delaware law, the annual franchise tax is based upon the authorized capital of a company, or alternatively, upon the product of the authorized capital stock of a company and a fraction determined by the relationship between a company’s total assets and the number of authorized shares it has issued. In Nevada, there is no annual franchise tax. Although there are no assurances that we will use the funds that may arise from these tax savings effectively, such savings could also result in an increased trading value of our common stock. LS’ board of directors considered a number of potentially negative factors in evaluating the Merger Agreement and specifically, the Separation and the Distribution, including: · the decreased capital available for investment; · potential disruptions to the businesses as a result of the Separation and the Distribution; · risks of being unable to achieve the benefits expected to be achieved from the Separation and the Distribution; · the reaction of LS’ shareholders to the Separation and the Distribution; · the risk that the Separation, the Distribution and/or merger with Pyxis might not be completed; and · the one-time and ongoing costs of the Separation, the Distribution and/or merger with Pyxis might not be completed. Ultimately, LS’ board of directors concluded that the potential benefits of the Separation and the Distribution outweighed these risks. Neither we nor LS can assure you that, following the Separation and the Distribution, any of the enumerated opportunities or benefits will be realized to the extent anticipated or at all. In recognition of the wide variety of factors considered in connection with the evaluation of the Separation, the Distribution and the complexity of these matters, LS’ board of directors did not find it useful to, and did not attempt to, quantify, rank or otherwise assign relative weights to the factors considered. The individual members of LS’ board of directors may have given different weights to different factors. We expect the Distribution will be effective on the Distribution Date, provided that, among other conditions described in the Assignment and A...
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Operational Efficiencies. Within the framework provided by the FF Operative Documents, the Parties shall cooperate to ensure that there is no significant adverse effect on **** as a result of the ****. 28 **** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Exhibit 10.1 FOIA Confidential Treatment Requested Execution Version
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Operational Efficiencies. The Separation and Distribution will provide us the opportunity to streamline the corporate organization of the entity that holds the LookSmart Business, which we believe will result in significant savings to the Company over the long term. For example, Group is incorporated in Nevada as opposed to Delaware, where LS is incorporated. Under Delaware law, the annual franchise tax is based upon the authorized capital of a company, or alternatively, upon the product of the authorized capital stock of a company and a fraction determined by the relationship between a company’s total assets and the number of authorized shares it has issued. In Nevada, there is no annual franchise tax. Although there are no assurances that we will use the funds that may arise from these tax savings effectively, such savings could also result in an increased trading value of our common stock. If you have any questions relating to the Distribution, you should contact VStock Transfer, LLC, our transfer and distribution agent. The contact information for our distribution agent is: VStock Transfer, LLC, 00 Xxxxxxxxx Xxxxx, Xxxxxxxx, XX 00000, telephone: (000) 000-0000. You can also contact us with any questions relating to the transactions described above. We are a Nevada corporation, and our contact information is: LookSmart Group, Inc., 00 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000, Attention: Investor Relations. Our principal phone number at this address is: (000) 000-0000. We maintain an Internet website at xxx.XxxxXxxxx.xxx. The website address has been included only as a textual reference. Our website and the information contained on that website, or connected to that website, are not incorporated by reference into this information statement.
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Operational Efficiencies. The parties support the introduction of the following operational efficiencies: - Suitably qualified employees to use scoop, and winches, to clear buildups if operators are unavailable, or delayed. - Establishment, in conjunction with the relevant Xxxxxxxxx Power personnel, of a priority permit system when obtaining morning permits. - Training for Electricians on stores ordering systems, so long led items can be delivered before required. - Where operational requirements dictate, Mine Maintenance and System Six employees will jointly support identified work. - Employees to work in mixed crews with all alliance partners where current and future operational requirements dictate.
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Operational Efficiencies a. Productivity – Contribute to the NCCMA goal of a 10% productivity improvement
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Operational Efficiencies. As Contractor and County identify potential areas for operational improvement at a potential cost reduction to the County savings from these programs may be used to fund additional projects to support the County’s long term goals such as the introduction of consumer health care, eligibility audits and other programs which are expected to yield long term savings to the County and provide competitive benefit programs for the County employees. 1. Core Account Team Members Name Classification/Title
Sample 1
Operational Efficiencies. As Contractor and County identify potential areas for operational improvement at a potential cost reduction to the County savings from these programs may be used to fund additional projects to support the County’s long term goals such as the introduction of consumer health care, eligibility audits and other programs which are expected to yield long term savings to the County and provide competitive benefit programs for the County employees. Xxxxx Xxxxxxx Strategic Business Manager: Day to Day operations manager that is in regular contact with the Contractor’s account team and County project manager to proactively communicate and address issues an ensure contract requirements are being met on a daily basis. Manages the priorities, resources, and results of their team to ensure County objectives are met. Manage special and large projects, oversee day to day operations of subcontracted services, communicate changes that may affect both parties and ensure all interested parties are informed.
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Operational Efficiencies. The parties agree to establish a joint committee to discuss operational efficiencies. This committee will have an equal number of employees and managers. The purpose of this committee will be to provide a forum for employees to propose operational efficiencies.
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Related to Operational Efficiencies

  • Operational All expenses for running and operating all machinery, equipments and installations comprised in the Common Areas, including elevators, diesel generator set, changeover switch, pump and other common installations including their license fees, taxes and other levies (if any) and expenses ancillary or incidental thereto and the lights of the Common Areas and the road network.

  • Energy Efficiency The contractor shall comply with all mandatory standards and policies relating to energy efficiency which are contained in the energy conservation plan issued in compliance with the Energy Policy and Conservation Act (Pub.L. 94-163) for the State in which the work under this contract is performed.

  • Staffing There shall be a clinician employed by the outside contractor for EAP Services who will be on-site a minimum of 20 hours a week. The clinician shall report directly to the outside contractor, Peer Assistance Oversight Committee and the MIF liaison. There shall be three full-time Peer Assistants reporting to the outside contractor.

  • Budgeting The budget set out in the Consortium Plan shall be valued in accordance with the usual accounting and management principles and practices of the respective Parties.

  • PRODUCTIVITY The Union shall place no limitations upon the amount of work which an Employee shall perform during the working day and there shall be no restrictions imposed against the use of any type of machinery, tools or labour saving devices.

  • OVERSIGHT SERVICES Oversight services for the Fund provided by Price Associates shall include all oversight of BNY Mellon, Delegates and service providers that provide accounting, administrative, and tax support services and not specifically provided for under each Fund’s Investment Management Agreement. Price Associates provides all accounting, administrative, tax and oversight services to the Funds listed on Exhibit A2, including the below. Accounting Services provided by Price Associates shall include, among other things: · oversight of quality control, including processing results related to fund accounting services provided by Delegates or other third party service providers relating to pricing. Such oversight includes, but is not limited to, review of (a) NAV calculations and fund valuations, (b) securities pricing and resolution of pricing exceptions, and (c) calculation and preparation of any financial information or schedules; · end-of-day INAV oversight for ETFs that provide INAV · determining accounting and valuation policies, instructing Delegates and/or other service providers, and/or providing it with such advice that may be reasonably necessary, to properly account for all financial transactions and to maintain the Fund’s accounting procedures and records so as to ensure compliance with generally accepted accounting principles and tax practices and rules; and · calculating and authorizing expense accruals and payments; annual fund expense budgets; accrual analysis; rollforward calculations; payment of expenses; fees for payment to service providers; · facilitating on behalf of the Fund resolution and remediation of fund accounting issues escalated by Delegates and/or other service providers; · preparing daily NAV calculations, including all necessary component services such as valuation and particularly private company investment valuation, corporate actions processing, trade processing, and performing month-end and fiscal-period-end close processes; · recordkeeping as required; and · such other accounting services as agreed to by the parties not otherwise performed by Price Associates under the Investment Management Agreement. Administrative Services provided by Price Associates shall include, among other things: · ensuring maintenance for the Fund of all records that may be reasonably required in connection with the audit performed by the Fund’s independent registered public accountants, or by the Securities and Exchange Commission (“SEC”), the Internal Revenue Service (“IRS”) or such other Federal or state regulatory agencies; · cooperating with the Fund’s independent registered public accountants and taking all reasonable action in the performance of its obligations under the Agreement to assure that the necessary information is made available to such accountants for the expression of their opinion without any qualification as to the scope of their examination including, but not limited to, their opinion included in the Fund’s annual report on Form N-CSR and annual amendment to Form N-1A; · implementing and maintaining the systems, data storage and reporting necessary to perform services outlined herein; · all efforts concerning financial reporting services, including shareholder reports and financial information in regulatory filings; N-PORT and N-CEN; and other financial reporting services as necessary; · determining financial reporting policies, maintaining adequate controls over financial reporting to provide complete and accurate financial information and disclosures that are certified by officers of the Funds. Providing sub-certifications, as requested by officers of the Funds, for the adequacy of such controls and the completeness and accuracy of information included in Form N-CSR or any other form that may require certification; · periodic testing of Internal Revenue Code qualification requirements; · prepare and furnish fund performance information; · prepare and disseminate vendor survey information; · prepare and file Rule 24f-2 notices and payment; and · such other administrative services as agreed to by the parties, not otherwise performed by Price Associates under the Investment Management Agreement.

  • Maintenance of Operations The Company shall maintain operations at the Project for a minimum of ten (10) years beginning on the date the Project is Placed in Service. In addition to any other rights the Department may have under the terms of this Agreement, in the event that the Company discontinues of operations at the Project, such discontinuation may subject the Company to certain statutory provisions, including: 1. Pursuant to the Corporate Accountability for Tax Expenditures Act, 20 ILCS 715, et seq., a discontinuance of operations at the Project during the five-year period after the beginning of the first Taxable Year for which the Department issues a Certificate of Verification shall result in all Credits taken by the Company during such five-year period being deemed Wrongfully Exempted Illinois State Income Taxes and shall subject said Wrongfully Exempted Illinois State Income Taxes to the forfeiture provisions of Section VIII.D hereof. 2. Pursuant to Section 5-65 of the Act, discontinuance by the Company of operations at the Project during the term of this Agreement with the intent to terminate operations in the State of Illinois shall result in all Credits taken by the Company being deemed Wrongfully Exempted Illinois State Income Taxes and shall subject said Wrongfully Exempted Illinois State Income Taxes to the forfeiture provisions of Section VIII.D hereof.

  • System Operations Each party, at its own expense, shall provide and maintain the equipment, software, services and testing necessary to transmit Data Communications to, and receive Data Communications from the parties’ respective Receipt Computers.

  • Safe Operations Notwithstanding any other provision of this Agreement, an NTO may take, or cause to be taken, such action with respect to the operation of its facilities as it deems necessary to maintain Safe Operations. To ensure Safe Operations, the local operating rules of the ITO(s) shall govern the connection and disconnection of generation with NTO transmission facilities. Safe Operations include the application and enforcement of rules, procedures and protocols that are intended to ensure the safety of personnel operating or performing work or tests on transmission facilities.

  • Processing operations The personal data transferred will be subject to the following basic processing activities (please specify):

Most Referenced Clauses

Most Referenced Definitions