Prompt Action. The Company agrees to take all actions necessary to obtain the Required Approvals as promptly as is practicable following the closing of the transactions contemplated by the Merger Agreement and the Stock Purchase Agreement, including without limitation, filing an appropriate proxy statement with the Securities and Exchange Commission.
Prompt Action. The Employer must issue all discipline within ten (10) calendar days of knowledge of the underlying events, with the exception of issuing a letter of investigation regarding accidents. In the event of a vehicle accident, the Employer shall have twenty (20) days to complete its investigation, if warranted, and ten (10) days to take disciplinary action. During the period of the investigation the employee will be offered any available dockwork in his service center. The pay rate shall be the applicable full-time dockworker rate. The twenty (20) days will be extended by mutual agreement, as necessary, if relevant information is not available to the Employer. Agreement will not be unreasonably withheld.
Prompt Action. The Employer must issue all discipline within ten (10) calendar days of knowledge of the underlying events, with the exception of issuing a letter of investigation regarding accidents. In the event of a vehicle accident, the Employer shall have twenty (20) days to complete its investigation, if warranted, and ten (10) days to take disciplinary action. During the period of the investigation the employee will be offered any available dock-work in his/her service center. The pay rate shall be the applicable full-time dockworker rate. The twenty (20) days will be extended by mutual agreement, as necessary, if relevant information is not available to the Employer. Agreement will not be unreasonably withheld. Drivers shall not be taken out of service or removed from their classification work for reported minor accidents. Minor accidents may subject the employee to progressive discipline.
Prompt Action. The Employer must issue all discipline within ten (10) calendar days of knowledge of the underlying events, with the exception of issuing a letter of investigation regarding accidents. In the event of a vehicle accident, the Employer shall have twenty (20) days to complete its investigation, if warranted, and ten (10) days to take disciplinary action. The twenty (20) days will be extended by mutual agreement, as necessary, if relevant information is not available to the Employer. Agreement will not be unreasonably withheld.
Prompt Action. Contractor must take prompt corrective action to mitigate any risks or damages involved with the Security Incident and to protect the operating environment, and any action pertaining to a Security Incident required by applicable federal and state laws.
Prompt Action. Each Holder of a Security by its acceptance thereof agrees it shall duly and promptly take such action as the Representatives of the Specified Senior Debt may reasonably request (i) to collect the Subordinated Indebtedness for the account of the holders of the Specified Senior Debt, and to file appropriate claims or proofs of claim in respect of the Subordinated Indebtedness, (ii) to execute and deliver to the Representatives of the Specified Senior Debt such powers of attorney, assignments, or other instruments as it may reasonably request in order to enable it to enforce any and all claims with respect to, and any security interests and other liens securing payment of, the Subordinated Indebtedness, and (iii) to collect and receive any and all payments or distributions which may be payable or deliverable upon or with respect to the Subordinated Indebtedness.
Prompt Action. Harcourt and Shareholders will promptly take all action contemplated by this Agreement or necessary to complete the transactions contemplated by this Agreement.
Prompt Action. Pen and Shareholder will promptly take all action contemplated by this Agreement or necessary to complete the transactions contemplated by this Agreement.
Prompt Action. The Council shall promptly take appropriate action, pursuant to applicable labor agreements and/or personnel policies, if it becomes aware that any employee or subcontractor of the Council providing services to the City under this Agreement is not in compliance with significant Council policies and procedures or the Maple Grove Service Requirements while providing such service.
