SERVICES AND USE OF ASSETS Sample Clauses

SERVICES AND USE OF ASSETS. 8.1 Subject as hereinafter provided, in relation to each Facility Asset, User shall, if required by NGC, make the Facility Asset in question available for use by NGC to such extent as is necessary for the purposes of NGC’s undertaking but not so as to prejudice the use now or hereafter of such Facility Asset by User for its undertaking.
AutoNDA by SimpleDocs
SERVICES AND USE OF ASSETS. 8.1 Subject as hereinafter provided, in relation to each Facility Asset, RTL shall, if required by User, make the Facility Asset in question available for use by User to such extent as is necessary for the purposes of User’s undertaking but not so as to prejudice the use now or hereafter of such Facility Asset by the RTL for its undertaking.
SERVICES AND USE OF ASSETS. 8.1 Subject as hereinafter provided, in relation to each Facility Asset, a Party (the “Owning Party”) shall, if required by the other Party (the “Receiving Party”) , make the Facility Asset in question available for use by the Receiving Party to such extent as is necessary for the purposes of the Receiving Party’s undertaking but not so as to prejudice the use now or hereafter of such Facility Asset by the Owning Party for its undertaking.
SERVICES AND USE OF ASSETS. 8.1 Subject as hereinafter provided, in relation to the Facilities, RTL shall, if required by User, make the Facilities in question available for use by User to such extent as is necessary for the purposes of User’s undertaking but not so as to prejudice the use now or hereafter of such Facilities by the RTL for its undertaking.
SERVICES AND USE OF ASSETS. 8.1 Subject as hereinafter provided, in relation to each Facility Asset, The Company shall, if required by User, make the Facility Asset in question available for use by User to such extent as is necessary for the purposes of User’s undertaking but not so as to prejudice the use now or hereafter of such Facility Asset by The Company for its undertaking.
SERVICES AND USE OF ASSETS. Subject as hereinafter provided, in relation to each Common Asset, the Providing Party shall, if required by the Using Party, make the Common Asset in question available for continued use by the Using Party to at least the same extent as it was available for use by the Using Party immediately prior to the date of this Agreement. Subject as hereinafter provided, in relation to each Service, the Supplier shall, if required by the Recipient, continue to provide the same to the Recipient. Such provision shall be of such a quality and quantity and shall be provided at such times as the Recipient shall reasonably request. The Supplier shall not be required to exceed the level of quality or quantity of the Service normally provided prior to the date of this Agreement, unless specifically agreed otherwise between the Parties. Where the use of any Common Asset is made available or such Service is supplied as aforesaid, the Parties shall procure that all reasonable arrangements and provisions are made and/or revised from time to time, as and when necessary or desirable between the local personnel employed by each of them in that regard, such arrangements to include:- the identification of the Common Assets and/or Services in question including (where relevant) the extent of their availability; the hours during which such use or provision shall be allowed or made; any requirements as to notification of use or call for supply or temporary suspension thereof; any requirements as to authorisation or security clearance of individuals and the procedures for obtaining the same; any safe requirements; administration of payment arrangements; and
SERVICES AND USE OF ASSETS. 8.1 Subject as hereinafter provided, in relation to each Facility Asset, User shall, if required by [NGC\the RTL], make the Facility Asset in question available for use by [NGC\the RTL] to such extent as is necessary for the purposes of [NGC’s\the RTL’s] undertaking but not so as to prejudice the use now or hereafter of such Facility Asset by User for its undertaking.
AutoNDA by SimpleDocs

Related to SERVICES AND USE OF ASSETS

  • Use of Assets 21.1 The Organisation shall at all times during the Term provide and maintain all such vehicles, equipment and other assets (hereinafter together referred to as “Assets”) and materials as may be necessary from time to time for the provision of the Services.

  • Maintenance of Assets The failure by Borrower to maintain any material intellectual property rights, personal, real property or other assets which are necessary to conduct its business (whether now or in the future).

  • Protection of Assets (a) Except for transactions and activities entered into in connection with the securitization that is the subject of this Agreement, the Trust Fund created by this Agreement is not authorized and has no power to:

  • Application of Assets Upon dissolution of the Company, the Company shall cease carrying on its business and affairs and shall commence winding up of the Company’s business and affairs and complete the winding up as soon as practicable. The Company’s affairs shall be concluded by the Managers. The assets of the Company may be liquidated or distributed in kind, as determined by the Managers, and the same shall first be applied to the satisfaction (whether by payment or the making of reasonable provision for payment) of the Company’s liabilities and then to the Members. If the assets of the Company shall not be sufficient to pay all of the liabilities of the Company, to the fullest extent permitted by law, no assets of the Company may be sold or disposed of without the written consent of all of the holders of outstanding Securities. To the extent that Company assets cannot either be sold without undue loss or readily divided for distribution in kind to the Members, then the Company may, as determined by the Managers, convey those assets to a suitable holding entity established for the benefit of the Members in order to permit the assets to be sold without undue loss and the proceeds thereof, subject to the Act, distributed to the Member at a future date. The legal form of the holding entity, the identity of the trustee or other fiduciary and the terms of its governing instrument shall be determined by the Managers.

  • Location of Assets To keep any property belonging to the Trust at any place in the United States.

  • Preservation of Assets Each Obligor shall (and the Company shall ensure that each member of the Restricted Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in the conduct of its business where failure to do so has or is reasonably likely to have a Material Adverse Effect.

  • Description of Assets Upon the terms and subject to the conditions set forth in this Agreement, Seller does hereby grant, convey, sell, transfer and assign to Buyer all of its right, title and interest in and to all of the assets, properties and contractual rights owned by Seller or used by Seller in connection with the Business, wherever located, except for the Excluded Assets (as hereinafter defined), including, but not limited to, the following:

  • Condition of Assets 4 2.10 TITLE TO AND ENCUMBRANCES ON PROPERTY . . . . . . . . . . . . . . . . . . 4 2.11 INVENTORIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.12 INTELLECTUAL PROPERTY RIGHTS; NAMES . . . . . . . . . . . . . . . . . . . 4 2.13

  • Purchase of Assets 11 3.1 Assets Purchased by Assuming Institution 11

  • Conduct of Business and Maintenance of Existence and Assets (a) Conduct continuously and operate actively its business according to good business practices and maintain all of its properties useful or necessary in its business in good working order and condition (reasonable wear and tear excepted and except as may be disposed of in accordance with the terms of this Agreement), including all licenses, patents, copyrights, design rights, tradenames, trade secrets and trademarks and take all actions necessary to enforce and protect the validity of any intellectual property right or other right included in the Collateral; (b) keep in full force and effect its existence and comply in all material respects with the laws and regulations governing the conduct of its business where the failure to do so could reasonably be expected to have a Material Adverse Effect; and (c) make all such reports and pay all such franchise and other taxes and license fees and do all such other acts and things as may be lawfully required to maintain its rights, licenses, leases, powers and franchises under the laws of the United States or any political subdivision thereof where the failure to do so could reasonably be expected to have a Material Adverse Effect.

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