[Pending Completion the Vendor shall procure that Sample Clauses

[Pending Completion the Vendor shall procure that unless the Purchaser has consented in writing (such consent not to be withheld unreasonably) and other than in the ordinary course of business, it shall not, and shall procure that no other entitynone of its Affiliates in relation to the Business shall: [Note: the reference to “no other entity” is very wide and as drafted covers any of the Vendor’s subcontractors engaged to provide services in relation to the Business. If agreed, the Vendor would need to ensure the terms below were replicated in any agreement for services with subcontractors working in connection with the Business. As such, it would be unlikely to be possible for the Vendor to agree to this, hence the amendment here to refer to the Vendor’s Affiliates.] 10.13.1 make any material change (from the point of view of the relevant Designated Employee or category of Designated Employees) in the terms and conditions of employment (contractual or non-contractual), working practices or collective agreements relating to such practices of any Designated Employee or category of Designated Employees; 10.13.2 employ or engage or assign any person other than the Designated Employees to work in the Business or make any change in the remuneration of or (without limitation) other terms of employment of or vary the duties of or dismiss or terminate the employment (save for gross misconduct) of any Designated Employee with annual remuneration in excess of £[•]; 10.13.3 create or amend any employee share scheme applicable to any of the Designated Employees and/or grant or issue any options under any such scheme to any of the Designated Employees, save for those permitted under the terms of any applicable share scheme; or 17 Explanatory note: The restrictions applicable to the Vendor's activities before Completion will be project specific (for example, to take account of any transferring employees and related pensions arrangements). 10.13.4 adopt or participate in any pension scheme for the benefit applicable to any of the Designated Employees (other than the existing pension schemes of the Business) or amend any of its existing pension schemes applicable to any of the Designated Employees or review any such scheme or vary or cease contributions made to any such scheme.]18 For the avoidance of doubt, this clause 10.3 shall not apply to any Designated Employee who objects to the transfer of his employment pursuant to the regulation 4(7) Transfer Regulations and remains in the Vendor’s employment. [Note: In our vi...
AutoNDA by SimpleDocs

Related to [Pending Completion the Vendor shall procure that

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Substantial Completion Date Substantial Completion of the Work as defined in Article 6.1.2 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by July 31, 2022.

  • Construction Completion The related Construction shall have been completed substantially in accordance with the related Plans and Specifications, the related Deed and all Applicable Laws, and such Leased Property shall be ready for occupancy and operation. All fixtures, equipment and other property contemplated under the Plans and Specifications to be incorporated into or installed in such Leased Property shall have been substantially incorporated or installed, free and clear of all Liens except for Permitted Liens.

  • Substantial Completion 9.8.1 When the Contractor considers that the Work, or a designated portion thereof which has been accepted in writing to by the State, is substantially complete as defined in Subparagraph

  • Project Completion Report At the completion of construction and once a Project is placed in service, the Subrecipient must submit a Project Completion Report that includes the total number of units built and leased, affordable units built and leased, DR-MHP units built and leased, an accomplishment narrative, and the tenants names, demographics and income for each DR-MHP unit.

  • Benchmark Replacement Conforming Changes In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

  • Completion Date The Work under this Contract shall be completed by midnight of the date required in the Contract as the Material Completion and Occupancy Date unless extended by approved requests for extension of time.

  • At Completion all (but not some only, unless the Subscriber so agrees) of the following business shall be transacted: (a) the Issuer shall issue the Subscription Shares to the Subscriber (or its nominee) free and clear of all Encumbrances and credited as fully paid on terms that they rank pari passu in all respects with the existing issued Shares (including the right to rank in full for all distributions declared, paid or made by the Issuer after the Completion Date) and shall promptly thereafter register (or procure the share registrar to register) the Subscriber as a registered shareholder of the Issuer in respect of the Subscription Shares in the branch register of members of the Issuer maintained by Computershare; (b) the Issuer shall deliver to the Subscriber, each in form and substance to the reasonable satisfaction of the Subscriber: (i) a certified true copy of the Board resolutions approving and/or ratifying the matters below: (A) approving the terms of, and the transactions contemplated by, this Agreement and resolving that the Issuer executes this Agreement; (B) authorising a specified person or persons to execute this Agreement on the Issuer’s behalf; (C) authorising a specified person or persons, on behalf of the Issuer, to sign, execute and/or despatch all documents and notices to be signed, executed and/or despatched by it under or in connection with this Agreement; and (D) a specimen of the signature of each person authorised by the resolution referred to in Clause 4.3(b)(i)(B) above; (ii) the original definitive share certificates in respect of the Subscription Shares in the name of the Subscriber (or its nominee); (iii) a certified true copy of the confirmation letter issued by Computershare confirming that the Subscriber (or its nominee) is the registered holder of the Subscription Shares; (iv) a copy of the approval from the HKSE for the listing of, and permission to deal in, all the Subscription Shares; and (v) a closing certificate, dated as at the Completion Date and addressed to the Subscriber from the Issuer, executed by a Director (or another duly authorised signatory) and substantially in the form set out in Schedule 2, and attaching thereto as exhibits all supporting documents, showing such fulfilment.

  • Final Completion Date Final Completion for the Work as defined in Article 6.1.3 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by October 31, 2024.

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