Restriction on Acquisition of Facilities Sample Clauses

Restriction on Acquisition of Facilities. Except as may be specifically provided in this purchase order, Seller shall not acquire facilities hereunder and Seller shall not direct charge to this Purchase Order the cost of any item of facilities or the alteration to a facility. For the purpose of this requirement, facilities means industrial property (other than material, special tooling, military property, and special test equipment) for production, maintenance, research, development or test, including real property and rights therein, buildings, structures, improvements, and plant equipment as defined in FAR Part 45.101 and 45.301 and DFARS 245.301.
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Restriction on Acquisition of Facilities. Except as may be specifically provided in this purchase order, SELLER shall not acquire facilities hereunder and SELLER shall not direct charge to this Purchase Order the cost of any item related to facilities or the alteration to a facility.

Related to Restriction on Acquisition of Facilities

  • Conditions on Permitted Transfers In the event a Holder proposes to sell or transfer a Note, the Company may, but shall not be required to, impose reasonable conditions on such sale or transfer including, but not limited, to: (i) Notes may be transferred only in whole units, i.e., fractions of Notes may not be transferred; (ii) the transferee shall agree in writing to be bound by this Revenue Sharing Agreement; (iii) the transferor shall provide the Company with an opinion of counsel, satisfactory in form and substance to the Company’s counsel, stating that the transfer is exempt from registration under the Securities Act of 1933 and other applicable securities laws; and (iv) the transferor and transferee shall together pay in advance for any reasonable expenses the Company expects to incur in connection with the transfer, including attorneys’ fees.

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