Purpose of Arrangement Sample Clauses

Purpose of Arrangement. The purpose of the Arrangement is to strengthen the Company's working capital situation during the term of the Arrangement assuming that the Arrangement will be implemented as planned. Xxxxx Xxxxxxxx, CEO of Valoe, commented: "We in Valoe are pleased to start working with a global investor like Winance. We believe this arrangement will secure the working capital Valoe needs for some time. Valoe is a growth company with its technology as the competitive edge in one of the quickest growing businesses: solar electricity generation. Xxxxx continues to invest more to start its IBC Cell manufacturing next year. The financing agreement with Xxxxxxx is the first step to that goal. Valoe appreciates Winance’s pick of the Valoe PV Module and Cell technology as an excellent investment opportunity." Xxxxxxxx Xxxx, Founder and CEO of Winance, declared: “Xxxxxxx is very enthusiastic to announce this long-term cooperation agreement with Xxxxx. We are fully confident in the Company’s strategy and the management’s ability to generate sustainable growth drivers for the long-term while increasingly participating in the Finnish Renewable Portfolio Standard requirements. Based on the valuation of the Company’s renewable energy production assets and initiatives taken by the management to ensure positive externalities, we are optimistic about the future prospects of the Company.”
Sample 1
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Purpose of Arrangement a. CRDF will be responsible for conducting all activities necessary to achieve the goals stated above in accordance with the Articles of Incorporation as amended and restated November 16, 2007. These activities include, but are not limited to: • Promote and support, by funding and otherwise, joint R&D projects, • Make grants, • Enter into contracts, • Provide services, • Acquire, hold, administer and dispose of real personal property, • Establish field offices, • Receive, hold and disburse funds, and open bank accounts • Employ personnel and • Participate in joint ventures with organization with similar missions. CRDF is to make a direct contribution to U.S. national security. The inclusion of support for scientists and engineers formerly engaged in work at organizations carrying out research on weapons of mass destruction in civilian research and development activities is to be encouraged by the CRDF.
Sample 1

Related to Purpose of Arrangement

  • Purpose of Amendment The Company and you desire to amend the Agreement as set forth in Section 2 hereof.

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

  • PURPOSE OF AGREEMENT 1.01 The purpose of this Agreement is to maintain harmonious and mutually beneficial relationships between the Employer, the employees and the Union, to set forth certain terms and conditions of employment relating to pay, hours of work, employee benefits, and general working conditions affecting employees covered by this Agreement and to ensure that all reasonable measures are provided for the safety and occupational health of the employees.

  • Purpose of Attachment Facilities Except as may be required by Applicable Laws and Regulations, or as otherwise agreed to among the Parties, the Attachment Facilities shall be constructed for the sole purpose of interconnecting the Large Generating Facility to the New York State Transmission System and shall be used for no other purpose.

  • Purpose of Article The sole purpose of this Article is to provide a basis for the computation of straight time and overtime, and nothing contained in this Agreement shall be construed as a guarantee or commitment by the Company to any employee of a minimum or maximum number of hours of work per day, per week, or per year. The Company's pay records, practices, and procedures shall govern the payment of all wages.

  • Purpose of the Agreement ‌ The purpose of this Agreement is to authorize PDL NPDL to charter space to PFLG in the Trade (as hereinafter defined).

  • Purpose of Contract The purpose of this contract is to provide services in accordance with the terms and conditions specified in this contract including all attachments, forms, and exhibits which constitute the contract document.

  • Purpose of Use The Executive agrees that he will use Confidential Information only for purposes authorized or directed by the Company.

  • Purpose of Evaluation 10.1.1 It is recognized that a system of evaluation is essential to assist Unit Members in developing competency and realizing their potential. It is further recognized that information gathered through such a system will enable decisions that measure a Unit Member’s performance in a just and equitable manner.

  • Purpose of Committee The purpose of the committee is to provide a forum for constructive engagement amongst representatives of plan participants, employers and the plan sponsor on issues of importance to the group benefits plan, including plan design, administration, and communication.

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