Temporary Suspension of Operations. In an emergency, the Board of Directors may temporarily suspend operations in respect of new loans, guarantees, equity investment and other forms of financing under sub-paragraph 2 (vi) of Article 11, pending an opportunity for further consideration and action by the Board of Governors.
Temporary Suspension of Operations. Article 33 In an emergency, the Board of Directors may temporarily suspend the provision of new credit and guarantees, the issuance of securities, and equity investments until the Board of Governors has reviewed the current circumstances and undertaken appropriate actions.
Temporary Suspension of Operations. If Potlatch determines in good faith that there is an unreasonable risk that Purchaser’s operations may cause excessive damage to timber, roads, soil or watershed, or that Purchaser’s operations present an unreasonable risk of fire or injury to persons or property, Potlatch may temporarily suspend Purchaser’s operations whether or not Purchaser is in breach of this Contract. If Potlatch suspends Purchaser’s operations, Potlatch shall not be responsible for any expense, loss or damage that Purchaser may sustain. If Purchaser’s operations are suspended for more than five (5) operating days, the term of this Contract shall be extended for one (1) day for each day in excess of five (5) days lost due to the temporary suspension. If Potlatch suspends Purchaser’s operations, Potlatch shall give Purchaser’s Representative prompt notice of the reason for the suspension and confirm that reason in writing within seventy-two (72) hours. Potlatch will lift the suspension promptly upon being satisfied that the risk or risks created by Purchaser’s operations has or have been eliminated.
Temporary Suspension of Operations. The Contractor may with City approval temporarily suspend food service operations in the event that conditions (natural or man-made) representing an unreasonable risk to the public occur. In such event, the Contractor shall inform the City as soon as possible. Concession operations shall be resumed as soon as practicable after the risk has been removed.
Temporary Suspension of Operations. Provided that (a) Borrower first provides Lender with written evidence acceptable to Lender that Franchisor has permitted such temporary suspension of operations, and (b) such temporary suspension of operations does not otherwise violate any material agreement applicable to Borrower or the Site, then, during the Forbearance Period, the Borrower shall be allowed to temporarily suspend operations at the Site as the Permitted Concept. Borrower shall continue to (i) maintain the Site, including all buildings and other improvements associated with the Site, in good condition and repair, ordinary wear and tear excepted and safe and properly lighted, and (ii) set aside and maintain adequate reserves for repair, replacement and maintenance of the Site.
Temporary Suspension of Operations. In the event Operator is prevented from operating the Premises, City shall have the option to assume operation of the Premises during Operator’s period of disability. City may continue such operation for so long as Operator’s disability shall last and shall receive all revenues therefrom.
Temporary Suspension of Operations. In an emergency, the Executive Board may, by a vote of not less than three- fourths of the total number of all votes, temporarily suspend operations in respect of new loans and guarantees, placement of securities, technical assistance or investments in authorised capital, pending an opportunity for further consideration and action by the Council.
Temporary Suspension of Operations. 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 of Governors. XII/145 Cap. 314] ASIAN DEVELOPMENT BANK AGREEMENT (RATIFICATION) ARTICLE 45
Temporary Suspension of Operations. 1. The Board of Directors may, whenever it deems it justified, suspend the provision of insurance or reinsurance services for a specified period.
Temporary Suspension of Operations. In an emergency, the Board of Directors may suspend temporarily opera- tions in respect of new loans, guarantees, underwriting, technical assistance and equity investments pending an opportunity for further consideration and action by the Board of Governors.
