Current Designations Sample Clauses
The 'Current Designations' clause defines the existing statuses, roles, or classifications assigned to parties, assets, or obligations within the agreement at the time it is executed. This clause typically lists or references the specific designations that are in effect, such as authorized representatives, approved vendors, or designated accounts, ensuring all parties are aware of the current state of these assignments. Its core function is to provide clarity and prevent disputes by establishing a clear record of relevant designations as a baseline for the agreement.
Current Designations. The members of the Board of Directors of -------------------- the Company shall be: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ designee: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Stockholder designee: ▇▇▇▇ ▇▇▇▇▇▇ Unless and until otherwise determined by the Board of Directors of the Company, the officers of the Company shall be:
Current Designations. The Site, as described in the RAP, consists of two subsets of locations:
(i) Seven locations (“RAP sites”) where remediation work is proposed to be performed prior to the anticipated redevelopment of the Site, consisting of the areas generally described as the former Oil Reclaiming Plant/Building 1 Area; volatile organic compounds (“VOCs”) in groundwater at the eastern end of Building 807, near Buildings 808, 823, 99 and 828; benzene and MTBE in groundwater near former underground storage tanks 11A/12A/13A near Building 828; the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇; and the Building 99 Area.
(ii) Numerous other locations throughout the OARB where underground storage tanks, incidental vehicular maintenance, railyard, and other activities involving the handling of hazardous materials occurred (“RMP locations”), and where hazardous substances or petroleum have been or may be discovered and will be remediated, as may be necessary in accordance with the RAP or RMP, during the course of planned redevelopment at the Site. The whole of the Site is subject to the requirements of the RMP, and is accordingly designated as an “RMP Implementation Area”.