Examples of Panda International in a sentence
Labor costs shall include, without limitation, salaries, wages, bonuses and expenses incurred in connection with employee health and benefit plans (other than stock option, stock ownership or deferred compensation plans) maintained or adopted by Panda International for the benefit of its employees.
Panda International agrees to provide Panda Global with such documentation and certificates as may be requested by Panda Global in order to comply with the requirements of the Indentures for the release of funds to make payments under this Agreement.
Panda International shall have all such authority to act on behalf of Panda Global and its Subsidiaries as is necessary to provide the Services and to fulfill its other obligations pursuant to this Agreement.
Any such audit shall be conducted by a nationally recognized accounting firm acceptable to Panda International.
During the term of this Agreement, Panda International shall maintain public liability and worker's compensation insurance with insurers of recognized financial responsibility in such amounts and providing such coverages as shall be customary for companies engaged in similar businesses.
Without limiting the generality of the previous sentence, Panda Global shall: (i) pay or cause the prompt payment to Panda International of all sums due to it under this Agreement; and (ii) observe and perform, and cause each of its Subsidiaries to observe and perform, all its obligations under all Project Documents to which it is a party, except to the extent that observance or performance is excused thereunder pursuant to the terms thereof.
All notices or other communications which are required or permitted hereunder shall be in writing and shall be deemed sufficiently given if delivered personally, or by courier, or sent by facsimile or by registered or certified mail, postage prepaid, as follows: If to Panda International: Panda Energy International, Inc.
Panda Global shall do and cause to be done all such acts and things within its power as may be necessary or desirable to enable Panda International promptly and efficiently to provide or cause to be provided the Services and comply with its other obligations hereunder and shall not do or permit anything which may prevent or restrict Panda International from such performance or compliance.
Notwithstanding the foregoing, Panda International and PEC shall each have the right, which may be exercised by either of them independently or by both of them, to extend the term of this Agreement for up to an additional five (5) years beyond the Initial Term, if notice of such extension is given to PIC and to each PIC Entity which becomes a party to this Agreement not later than thirty (30) days prior to the expiration of the Initial Term.
PFC, the Company and Panda International agree that the only information provided in writing by or on behalf of the Initial Purchaser to PFC and the Company, expressly for use in the Preliminary Offering Circular or Offering Circular, is that information contained in the section entitled "Plan of Distribution." The foregoing indemnity agreement shall be in addition to any liability which the Initial Purchaser may otherwise have.