Upgrading of the Sample Clauses

Upgrading of the procedure for handing over the packages: CDISCOUNT reserves the right to upgrade at any time the procedure for handing over the packages to the customers as described in Article 3.5, in particular the IT application provided to each Shop; it is of little importance whether this upgrade is software or hardware-related. Each Shop will be informed of this upgrade as soon as possible and undertakes to apply any new procedure thus communicated by CDISCOUNT.
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Upgrading of the heat exchangers and ion-exchangers at the Xxxxx research reactor to reduce the possible radioactive release into the environment The Xxxxx RR is a high flux pool-type reactor (30 MWth) which has been operating since 1974. The primary cooling system is connected with the secondary circuit through vertical U-tube heat exchangers. Due to aging and corrosion, leakage from the primary to the secondary circuit occurs 3-7 times per year, leading thereby to the releases of radioactivity into the environment, since the clean-up system (ion-exchange resins) of the secondary circuit is no more operating. The project consists first of upgrading the heat exchangers (source of the contamination of the secondary circuit) and then of refurbishing the ion-exchangers (source of release of radioactivity into the environment). Romania 5812.06
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Upgrading of the. Baita Bihor repository for institutional radioactive waste in Romania Since 1985, institutional radioactive waste is disposed in the Baita Bihor repository, which consists of xxxxxxxx excavated in a former exploratory drift. This repository is located in the Northwest Carpathian Mountains. There are already 3600 drums of radioactive waste that have been disposed of at Baita Bihor. The disposal facility has never been completely fitted out. Therefore, disposal operations are not performed according to the "best practices" in the EU. A priori, the complete refurbishment and modernisation of the repository is expected to be quite costly taking into account the number of defective items which are affecting the safe operation of the repository (e.g. no reception and storage building for in-coming waste, existing electrical and ventilation systems outdated and worn, drainage system broken, weak physical protection system, etc). Therefore the aim of the project is to perform an assessment of the situation at Baita Bihor placing emphasis on the most urgent actions to be implemented. Based on that identification, equipment and instrumentation will be purchased and installed. Another goal of the project is to complete the Preliminary Safety Analysis Report that has been initiated through a previous 2002 Phare project.
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Related to Upgrading of the

  • Organization and Standing of the Investor The Investor is an international business company duly organized, validly existing and in good standing under the laws of the British Virgin Islands.

  • Closing of the Transaction All conditions precedent to effect the closing of the Transaction shall have been satisfied or waived (other than those conditions that, by their nature, may only be satisfied at the consummation of the closing of the Transaction but subject to satisfaction or waiver thereof).

  • Closing of the Transactions The Transactions set forth in the Business Combination Agreement shall have been or will be consummated substantially concurrently with the Closing.

  • Raising of the Capital in Connection with the Initial Business Combination If (x) the Company issues additional Ordinary Shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per Ordinary Share (with such issue price or effective issue price to be determined in good faith by the Board and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Class B ordinary shares, par value $0.0001 per share, of the Company held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the Company’s initial Business Combination on the date of the completion of the Company’s initial Business Combination (net of redemptions), and (z) the volume-weighted average trading price of Ordinary Shares during the twenty (20) trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the Warrant Price shall be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, the $18.00 per share redemption trigger price described in Section 6.1 and Section 6.2 shall be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price and the $10.00 per share redemption trigger price described in Section 6.2 shall be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price.

  • Organization and Standing of Buyer Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware; has full corporate power and authority to conduct the business of developing, distributing and marketing software, including through its subsidiaries, and has full right, power and authority to issue the shares of common stock as part of the Purchase Price contemplated by this Agreement.

  • Organization and Standing of the Company The Company is a duly organized and validly existing corporation in good standing under the laws of the State of Nevada and has all requisite corporate power and authority for the ownership and operation of its properties and for the carrying on of its business as now conducted and as now proposed to be conducted and to execute and deliver this Agreement and other instruments, agreements and documents contemplated herein (together with this Agreement, the “Transaction Documents”), to issue, sell and deliver the Shares and to perform its other obligations pursuant hereto. The Company is duly licensed or qualified and in good standing as a foreign corporation authorized to do business in all jurisdictions wherein the character of the property owned or leased or the nature of the activities conducted by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified would not have a material adverse effect on the business, operations or financial condition of the Company.

  • Tax Periods Ending on or Before the Closing Date Buyer shall prepare or cause to be prepared and file or cause to be filed all Tax Returns for the Company and the Company Subsidiary for all periods ending on or prior to the Closing Date which are required to be filed (taking into account all extensions properly obtained) after the Closing Date.

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