SUSPENSION AND TERMINATION OF OPERATIONS Sample Clauses

SUSPENSION AND TERMINATION OF OPERATIONS. 1. In an emergency, the Board represented by the Executive Committee, may be unanimous approval temporarily suspend the Agency's operations to the extent which it considers necessary pending further consideration and action by the Council.
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SUSPENSION AND TERMINATION OF OPERATIONS. 15.1 MINE MAINTENANCE PLAN The Operator may, at any time subsequent to the Completion Date, on at least sixty (60) days' notice to all Participants, recommend that the Management Committee approve that Mining Operations be suspended, subject to applicable mine permitting and closure regulations. The Operator's recommendation shall include a plan and budget (called the "Mine Maintenance Plan"), in reasonable detail, of the activities to be performed to maintain the Assets and Property during the period of suspension and the costs to be incurred. The Management Committee may, at any time subsequent to the Completion Date, cause the Operator to suspend Mining Operations in accordance with the Operator's recommendation with such changes to the Mine Maintenance Plan as the Management Committee deems necessary. The Management Committee may cause Mining Operations to be resumed at any time.
SUSPENSION AND TERMINATION OF OPERATIONS. 1. Suspension of Operations 16 2. Termination of Operations 16
SUSPENSION AND TERMINATION OF OPERATIONS. 1. In an emergency, the Board of Directors may temporarily suspend operations in respect of new loans and guarantees, pending an opportunity for further consideration and action by the Board.
SUSPENSION AND TERMINATION OF OPERATIONS 

Related to SUSPENSION AND TERMINATION OF OPERATIONS

  • Suspension and Termination Schedule 6 shall have effect.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Dissolution and Termination (a) The Company shall not be dissolved by the admission of Substitute Members or Additional Members. The Company shall dissolve, and its affairs shall be wound up, upon:

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

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