Terms of Operations Sample Clauses

Terms of Operations. Oil movement planning including quality and quantity must be clearly identified and detailed by the Client and intimated to the Company well in advance for execution. The Company will not be responsible for oil movement planning whatsoever, save for error in following the Client’s written instructions. In implementing the oil movement instruction, the Company shall only follow the instructions of the Client subject always to the safety and efficiency of the Terminal operation. The Client in its planning and instructions will always bear in mind the general efficiency of the Terminal including Quality and Quantity requirements and/or impact arising from/of tank heels bottoms, i.e. the ROB. *** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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Terms of Operations. The Society shall operate the Pavilion on the following terms and conditions:
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Terms of Operations a) OYO LIFE grants to the Partner during the Term and subject to the terms and conditions hereof the permission to (i) utilize the Know-How and (ii) be listed on OYO LIFE Platform, to market or promote bookings by associating with the Mark “OYO LIFE”.
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Terms of Operations. A. USE OF BODYAPP PLATFORM & INTELLECTUAL PROPERTY • BODYAPP grants to the Channel Partner during the period of this Agreement and subject to the terms and conditions hereof the permission to i. utilize the Know-How and
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Terms of Operations. (a) The operation of the Centre must at all times be under the direction, supervision and control of the executive or designated members of the Lions Club. They shall appoint a representative as a designated liaison person to meet with the Director of Community Services or their designate regarding the term of this Agreement. At no time may the Agreement or any rights hereunder be assigned to any other person by the Lions Club.
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Terms of Operations. The Association shall operate the Centre on the following terms and conditions:
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Related to Terms of Operations

  • Hours of Operation Tenant will carry on its business diligently and continuously in the Premises and will keep the Premises open for business not less than sixteen (16) consecutive hours each day seven (7) days per week, including holidays. Director or his/her representative may, from time to time, change such required hours of operation, in which event, Tenant will remain open during such revised hours. Similarly, Tenant may, from time to time, request to revise its hours of operation. Such change must be approved by Director or his/her representative, in writing, prior to its occurrence. Tenant may not, at any time, vacate or abandon the Premises.

  • Continuity of Operations (1) Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • 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.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.

  • Operations As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations other than organizational activities and activities in connection with offerings of its securities.

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