Corporate Jet Sample Clauses

Corporate Jet. During the Term, to the extent available, the Executive shall be permitted to use a jet provided by News Corp. for business travel and for personal travel in a manner that is consistent with Company guidelines.
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Corporate Jet. During the Term, to the extent available, the Executive shall be permitted to use a jet provided by 21st Century Fox for business travel and for personal travel in a manner that is consistent with Company guidelines.
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Corporate Jet. The Executive may use the Company's corporate aircraft when available for corporate travel and for limited personal and family use on an otherwise business flight. It is understood that the Executive shall be responsible for applicable income taxes, if any, associated with the benefit of personal and family use.
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Corporate Jet. During the first two years of the Consulting Period (the “Initial Term”), the Company will provide SHN with personal use of the corporate jet leased or otherwise made available to officers and directors of Platinum or the Company generally, if any (the “Platinum Jet”), for an aggregate of 40 hours during the Initial Term. For each year of the Consulting Period following the Initial Term, if any, the Company will provide SHN with use of the Platinum Jet for an aggregate of 20 hours. The foregoing personal hours usage will be determined by the Company’s recordkeeping procedures. SHN’s use of the Platinum Jet may be for any non-business purpose but SHN acknowledges that (a) any use of the Platinum Jet by Platinum or the Company will have priority over the personal use described in this Section 5, and (b) any personal use described in this Section 5 will be subject to the terms of any lease, service or other agreement to which Platinum or the Company is subject to regarding use of the Platinum Jet. SHN will be entitled to carry forward any unused personal hours hereunder from one year of the Consulting Period to any successive year and will be permitted to use any unused personal hours accumulated at the time of termination of this Letter Agreement following the termination of this Letter Agreement. SHN will also be permitted to use the Platinum Jet for Company and Platinum business purposes in accordance with the policies for business use of the Platinum Jet by directors, officers, employees and consultants of the Company and Platinum and such business use will not count against the personal hours usage provided under this Section 5. SHN and/or Sxxxxx X. Xxxxxx shall be responsible for the payment of any taxes imposed on them as a result of their personal use of the Platinum Jet.
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Corporate Jet. Section 6.1(k) of the Credit Agreement is hereby amended by replacing “$50,000,000” with “$65,000,000”.
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Corporate Jet. The Executive is required to travel regularly and frequently for executive and operational meetings as well as travel to other Company offices. The Company prefers the Executive, whenever possible, to use its corporate aircraft when the Executive travels by air within continental North America whether such travel is business related or for family visitation, in order to ensure the Executive’s safety, security, immediate ability to move across the Company’s network and personal efficiency and effectiveness. However, it is understood that the Executive shall be responsible for applicable income taxes on the personal use element (as defined by the relevant tax authorities) of this benefit.
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Related to Corporate Jet

  • Corporate Formalities The Borrower will strictly observe limited liability company formalities in its dealings with the Servicer, the Parent, the Performance Guarantor, the Originators or any Affiliates thereof, and funds or other assets of the Borrower will not be commingled with those of the Servicer, the Parent, the Performance Guarantor, the Originators or any Affiliates thereof except as permitted by this Agreement in connection with servicing the Pool Receivables. The Borrower shall not maintain joint bank accounts or other depository accounts to which the Servicer, the Parent, the Performance Guarantor, the Originators or any Affiliate thereof (other than the Servicer solely in its capacity as such) has independent access. The Borrower is not named, and has not entered into any agreement to be named, directly or indirectly, as a direct or contingent beneficiary or loss payee on any insurance policy with respect to any loss relating to the property of the Servicer, the Parent, the Performance Guarantor, the Originators or any Subsidiaries or other Affiliates thereof. The Borrower will pay to the appropriate Affiliate the marginal increase or, in the absence of such increase, the market amount of its portion of the premium payable with respect to any insurance policy that covers the Borrower and such Affiliate.

  • Corporate Documents The Administrative Agent shall have received:

  • Corporate Services This Agreement sets forth the terms and conditions for the provision by PROVIDING PARTY to RECEIVING PARTY of various corporate services and products, as more fully described below and in Schedule 1.1(a) attached hereto (the Scheduled Services, the Omitted Services, the Resumed Services and Special Projects (as defined below), collectively, the "Corporate Services").

  • Corporate Franchises The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises and authority to do business; provided, however, that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

  • Corporate Do or cause to be done all things necessary to at all times (a) other than mergers solely among the Company and any of its subsidiaries, preserve, renew and keep in full force and effect its corporate existence, patents, trademarks, rights, licenses, permits and franchises, (b) comply with this Agreement, (c) maintain and preserve all of its material property used or useful in the conduct of their respective businesses, and (d) comply with all applicable laws material to its businesses, including the reporting requirements of the Securities Exchange Act of 1934, whether now in effect or hereafter enacted, promulgated or issued.

  • Corporate Separateness (a) Satisfy, and cause each of its Restricted Subsidiaries and Unrestricted Subsidiaries to satisfy, customary corporate and other formalities, including, as applicable, the holding of regular board of directors’ and shareholders’ meetings or action by directors or shareholders without a meeting, in each case, to the extent required by law and the maintenance of corporate offices and records.

  • Corporate Name No Borrower has been known by any other corporate name in the past five years and does not sell Inventory under any other name except as set forth on Schedule 5.6, nor has any Borrower been the surviving corporation of a merger or consolidation or acquired all or substantially all of the assets of any Person during the preceding five (5) years.

  • Corporate Names (a) Except as otherwise specifically provided in any Ancillary Agreement:

  • Organization; Corporate Powers The Borrower and each of its Subsidiaries (i) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, (ii) is duly qualified to do business and is in good standing under the laws of each jurisdiction in which failure to be so qualified and in good standing could not reasonably be expected to have a Material Adverse Effect and (iii) has all requisite corporate power and authority to own, operate and encumber its property and to conduct its business as presently conducted and as proposed to be conducted.

  • CORPORATE AND PARTNERSHIP AUTHORITY If Tenant is a corporation or partnership, or is comprised of either or both of them, each individual executing this Amendment for the corporation or partnership represents that he or she is duly authorized to execute and deliver this Amendment on behalf of the corporation or partnership and that this Amendment is binding upon the corporation or partnership in accordance with its terms.

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