Current Needs Sample Clauses

Current Needs a. Fisheries sampling for stock composition including impacts to natural origin fish.
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Current Needs. The company has a finance lease on a vehicle (Honda Finance) as well as a rental agreement (Ciga Finance Limited) on another vehicle. The lease is for a 3 year period commencing December 1996. The company has a lease to own agreement (with Equipment Finance Limited) for a drum scanner which commenced 27/9/96 and is for a 3 years.
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Current Needs. Seller shall complete those repairs set forth on Exhibit “A” attached hereto and by this reference incorporated herein (each a “Repair” and together the “Repairs”) to the reasonable satisfaction of Purchaser on or before the Closing Date. Except as otherwise set forth herein, in the event that any Repair is not completed on or before the Closing Date, Purchaser shall receive a credit towards the Purchase Price in an amount equal to the value of those Repairs not completed. Purchaser agrees and acknowledges that those Repairs relating to the sewer plant located on the Real Property (as more particularly detailed on Exhibit “A”, the “Sewer Repairs”) may not be completed prior to Closing. Seller shall complete the Sewer Repairs in a good and workmanlike manner, free of all liens and encumbrances, and in accordance with all Applicable Laws and all plans and specifications for the same provided to, and approved in writing by, Purchaser as of the date hereof, on or before December 31, 2006. In the event that the Sewer Repairs are not so completed on or before December 31, 2006, Purchaser shall be entitled to cause the Sewer Repairs to be completed and Seller shall promptly pay all costs and expenses in connection therewith. In the event that Seller does not pay such costs and expenses in accordance with the preceding sentence, Purchaser shall be entitled to draw upon the Seller’s Escrow to pay such costs and expenses. No changes may be made to any plans and specifications for the Sewer Repairs previously approved by Purchaser without the prior written consent of Purchaser, which consent shall not be unreasonably be withheld, conditioned or delayed. In addition, in the event that the Sewer Repairs are not completed prior to December 31, 2006, Seller shall: (i) assign to Purchaser all plans and specifications relating to the Sewer Repairs, and (ii) indemnify, save, insure, pay, defend and hold harmless Purchaser’s Indemnitees in accordance with Article 12 of the APA from and against any Indemnification Loss incurred by Purchaser’s Indemnitee arising from or in connection with Seller’s failure to complete such Sewer Repairs prior to December 31, 2006, including, without limitation, any costs incurred by Purchaser in completing such Sewer Repairs. Upon delivery of evidence of actual out of pocket expenditures on the Sewer Repairs by Seller to Purchaser, Purchaser shall authorize Escrow Agent to release to Seller from Seller’s Escrow an amount equal to such amount of...
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Related to Current Needs

  • ’ Compensation and Employer’s Liability Insurance a. Statutory California Workers' Compensation coverage including broad form all-states coverage.

  • Workers’ Compensation and Employer’s Liability Insurance The Contractor shall have in effect during the entire life of this Agreement Workers' Compensation and Employer's Liability Insurance providing full statutory coverage. In signing this Agreement, the Contractor certifies, as required by Section 1861 of the California Labor Code, that it is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for Worker's Compensation or to undertake self-insurance in accordance with the provisions of the Code, and I will comply with such provisions before commencing the performance of the work of this Agreement.

  • Advisor’s Liability The Advisor shall have responsibility for the accuracy and completeness (and liability for the lack thereof) of the statements in each Fund’s offering materials (including the prospectus, the statement of additional information, and advertising and sales materials), except for information supplied by the co-administrators or the Trust or another third party for inclusion therein. The Advisor will not be liable for any error of judgment or mistake of law or for any loss suffered by Advisor or by the Trust in connection with the performance of this Agreement, except a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services or a loss resulting from willful misfeasance, bad faith or gross negligence on its part in the performance of its duties or from reckless disregard by it of its duties under this Agreement.

  • Workers’ Compensation and Employer’s Liability (i) Workers’ Compensation insurance indicating compliance with any applicable labor codes, acts, Laws or statutes, state or federal, where Seller performs Work.

  • Compensation and Employers Liability The policy is required only if Contractor has employees. The policy must include workers’ compensation to meet minimum requirements of the California Labor Code, and it must provide coverage for employer’s liability bodily injury at minimum limits of $1,000,000 per accident or disease.

  • Comprehensive General Liability Contractor shall have and maintain comprehensive general liability insurance coverage during the entire term of the Contract, against claims arising out of bodily injury, death, damage to or destruction of the property of others, including loss of use thereof, and including underground, collapse and explosion (XCU) and products and completed operations in an amount not less than five hundred thousand dollars ($500,000.00) each occurrence and one million dollars ($1,000,000.00) in the general aggregate.

  • Comprehensive Automobile Liability Insurance for coverage of owned and non-owned and hired vehicles, trailers or semi-trailers licensed for travel on public roads, with a minimum combined single limit of One Million Dollars ($1,000,000) each occurrence for bodily injury, including death, and property damage.

  • Products Liability There is no Action before any Governmental Authority involving Seller based upon breach of product warranty, strict liability in tort, negligent design, negligent manufacture of product, defects in design, manufacture, materials or workmanship, negligent provision of services, or any other allegation of liability, including or resulting in product recalls, arising from the materials, design, testing, manufacture, packaging, labeling (including instruction for use), documentation or sale of products (collectively, “Product Claims”; and, to the Knowledge of Seller, there is no basis for any such Product Claim. To the Knowledge of Seller, there are no material errors in any published technical documentation, specifications, manuals or user guides provided in the ordinary course of business to customers of the Business. There have been no material defects in design, manufacturing, materials or workmanship, including any failure to warn, or any breach of express or implied warranties or representations, which involve any product manufactured (or to be manufactured), shipped, sold, installed or delivered by or on behalf of Seller. There have been no product recalls by Seller with respect to any products manufactured (or to be manufactured), shipped, sold, installed or delivered by or on behalf of Seller, or to the Knowledge of Seller any investigation or consideration of or decision made by any Person or Governmental Authority concerning whether to undertake or not to undertake any recall. All manufacturing standards applied, testing procedures used, and product specifications disclosed to customers by Seller have complied in all material respects with all requirements established by any applicable Law or any Governmental Authority.

  • Right to Perform, Preserve and Protect If any Credit Party fails to perform any obligation hereunder or under any other Financing Document, Agent itself may, but shall not be obligated to, cause such obligation to be performed at Borrowers’ expense. Agent is further authorized by Borrowers and the Lenders to make expenditures from time to time which Agent, in its reasonable business judgment, deems necessary or desirable to (a) preserve or protect the business conducted by Borrowers, the Collateral, or any portion thereof, and/or (b) enhance the likelihood of, or maximize the amount of, repayment of the Loan and other Obligations. Each Borrower hereby agrees to reimburse Agent on demand for any and all costs, liabilities and obligations incurred by Agent pursuant to this Section 11.14. Each Lender hereby agrees to indemnify Agent upon demand for any and all costs, liabilities and obligations incurred by Agent pursuant to this Section 11.14, in accordance with the provisions of Section 11.6.

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