Continuity of Operations definition

Continuity of Operations or "COOP," means an effort within individual executive departments and agencies to ensure that Primary Mission-Essential Functions continue to be performed during a wide range of emergencies, including localized acts of nature, accidents, and technological or attack-related emergencies;
Continuity of Operations under NEGATIVE COVENANTS in the Agreement is amended as follows: (1) Engage in any business activities substantially different than those in which Borrower is presently engaged. (2) cease operations, liquidate, merger, transfer, acquire or consolidate with any other entity (other than acquisitions or mergers in which the consideration is primarily Borrower's capital stock), 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, and other than dividends payable under the 4,000,000 shares of Series A Convertible Preferred Stock purchased by Orient Semiconductor Electronics, Ltd. on April 29, 1999), 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 Shareholder 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.
Continuity of Operations section is amended as follows: (i) by deleting the words "change ownership" in subsection (b) of such section, (ii) by adding the words "after the occurrence of an Event of Default," before the words "pay any dividends" in subsection (c) of such section and (iii) by adding at the end of such section the words "other than in connection with the Initial Public Offering"; and

Examples of Continuity of Operations in a sentence

  • The program shall have a coordinated disaster plan and Continuity of Operations Plan (COOP) or one comprehensive plan incorporating both.

  • The contractor shall provide operation and maintenance of the SMI-ELS infrastructure including, but not limited to, network monitoring, load balancing, information archival and backup, disaster recovery, Continuity of Operations (COOP), and enterprise support desk (ESD).

  • These data stores shall provide standard functionality and Continuity of Operations (COOP), and shall not degrade user operations, nor introduce critical points of failure.

  • Contingency planning to ensure continuity of IT operations and service recovery during emergency events (e.g., risk assessments to determine contingency planning requirements for IT operating environments; develop/maintain contingency, Continuity of Operations (COOP), and disaster recovery plans for IT components, develop/implement emergency preparedness systems).

  • Additional information can be found in FDJJ 1050, Continuity of Operations Plans.

  • A likely deliverable for this section would be a Continuity of Operations Plan.

  • Details are outlined in the Continuity of Operations (COOP) Procedures, a functional annex of this plan.

  • Continuity of Operations This district maintains continuity of operations at both the district and building-level to ensure that essential functions continue during an emergency and its immediate aftermath.

  • The purpose of these Continuity of Operations (COOP) procedures is to ensure that there are procedures in place to maintain or rapidly resume essential operations within the county after an incident that results in disruption of normal activities or services to schools.

  • The program shall have a disaster plan and Continuity of Operations Plan (COOP) or one comprehensive plan incorporating both.


More Definitions of Continuity of Operations

Continuity of Operations under NEGATIVE CONVENANTS in the Agreement is amended to read as follows:
Continuity of Operations means planning to ensure the capability exists to continue essential agency functions across a wide range of hazards both in public and private sectors of the community.(Ord. 2008-M-2 § 1; Ord. 2004-M-61 § 3; Ord. 1994-M-26 § 1.) 2.36.040 St. Charles Emergency Management Agency.A. There is hereby created an emergency management agency and a coordinator of the emergency management agency, herein called the “coordinator”, who shall be the head thereof.B. The coordinator, subject to the direction and control of the Fire Chief, shall be the executive head of the St. Charles Emergency Management Agency, and shall be responsible under the direction of the Fire Chief for carrying out the program for emergency services and disaster operations of this city. He shall coordinate the activities of all organizations for emergency services and disaster operations within this city and shall maintain liaison, and cooperate with, the civil defense and emergency management agencies and organizations of Kane County, other counties and municipalities, and of the federal and state government. In the event of the absence, resignation, death, or inability to serve of the Coordinator or any person designated by the Fire Chief, shall be and act as Coordinator until a new appointment is made as provided in this Chapter. C. The St. Charles Emergency Management Agency shall take an integral part in the development and revision of the local emergency operations plan.D. In the development of the emergency operations plan, the St. Charles Emergency Management Agency shall interrelate with business, labor, industry, agriculture, civic and volunteer organizations, and community leaders.E. The St. Charles Emergency Management Agency is authorized to:a. Determine the requirements of the city of St. Charles for food, clothing, and other necessities in the event of an emergency;b. Develop an Emergency Operations Plan that meets the standards promulgated by the Illinois Emergency Management Agency;c. Bi-annually review and revise the local Emergency Operations Plan; d. Establish a register of persons with types of training and skills in emergency prevention, preparedness, response, and recovery;e. Establish a register of government and private response resources available for use in a disaster;
Continuity of Operations is hereby amended to read as follows: "

Related to Continuity of Operations

  • Commencement of Operations means the beginning of active operations by a qualifying business of the principal function for which a qualifying project was constructed.

  • Areas of Operations means the locations where PURCHASER performs the operations described in the contract.

  • AREA OF OPERATIONS means the Company's oilfield operations in the States of Assam and Arunachal Pradesh.

  • Operations means all the activities conducted by PURCHASER under this contract, including project work, logging, or post harvest activities; or the furnishing of all materials, equipment, labor, and incidentals necessary to successfully complete any individual item or the entire contract.

  • Plan of operation means the plan of operation of the program

  • Area of operation means an area coextensive with the territorial boundaries of the land acquired or

  • Hours of Operation are the hours established by the Employer to provide adequate service to the public and to fulfil the functions of the work unit.

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Certificate of operation means a document issued by the administrator or an approved local jurisdiction for a conveyance indicating that the conveyance has been inspected by the administrator, an approved local jurisdiction, or a licensed third-party conveyance inspector and approved under this article.

  • Exploration Operations means any operations carried out for or in connection with the exploration for minerals, and includes -

  • Operations Plan means the document by which PURCHASER notifies STATE of the plans and schedule for completing the operations described in the contract. It also contains the names of the subcontractors, PURCHASER's Authorized Representatives, and STATE's Authorized Representatives. Permit means any permit required by a federal, state, or local government agency before operations under this contract may lawfully begin or continue. Permit includes an incidental take permit under the federal Endangered Species Act.

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • Branch operations means any business operations of a branch captive insurance company in this State.

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • CT conditions of operation means all selectable parameters governing the operation of a CT X-ray system including, but not limited to, nominal tomographic section thickness, filtration, and the technique factors as defined in 41.1(2).

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • Mining Operations means obtaining or extracting any mineral by any mode or method or any purpose directly or indirectly connected therewith or incidental thereto, including—

  • Discontinued Operations means operations that are accounted for as discontinued operations pursuant to Applicable GAAP of the Issuer for which the Disposal of such assets has not yet occurred.

  • railway operational procedures means procedures specified under any access agreement (as defined in the Railways Act 1993) or station lease;

  • Supplier Operations means all assets, processes and systems (including information systems), data (including Customer data), personnel, and sites, used or processed by Supplier from time to time in the performance of this Agreement.

  • In operation means engaged in activity related to the primary design function of the source.

  • Gaming Operation means the business enterprise that offers and operates Gaming Activities, whether exclusively or otherwise.

  • Working Timetable has the meaning ascribed to it in Part A of the Network Code.

  • affairs means the relationships among a corporation, its affiliates and the shareholders, directors and officers of such bodies corporate but does not include the business carried on by such bodies corporate; (“affaires internes”)

  • Operational means that the system or sensor, at the time of the event, is active or can be activated/deactivated by the driver.