During Term of Agreement. Should the Proponent be in default under the terms of the loan or under the terms of this Agreement or under the terms of any mortgage or other encumbrance registered on title to the Property, the City shall have the right to declare all or part of the unearned portion of the loan due and payable immediately. Interest will be payable only from the date of default until the loan is paid in full. The interest rate shall be the Bank of Canada Prime Rate plus 2% in effect at the time of the loan default. The amount of the loan that must be repaid is equal to the total amount of the loan less any amount considered forgiven from the first day of the month following full payment of the funds until the default.
During Term of Agreement. Franchisee specifically acknowledges that, pursuant to this Agreement, Franchisee shall receive valuable specialized training and Confidential Information, including, without limitation, information regarding the operational, sales, promotional, and marketing methods and techniques of Franchisor and the Fiesta System. Franchisee (or, if Franchisee is a corporation, limited liability company, or partnership, all principals of Franchisee) covenants that during the Term, except as otherwise approved in writing by Franchisor, Franchisee (or, if Franchisee is a corporation, limited liability company, or partnership, all principals of Franchisee) shall not, either directly or indirectly, for itself, or through, on behalf of, or in conjunction with any person, or legal entity:
During Term of Agreement. Consultant shall not at any time during the term of providing service hereunder to the Company disclose with the intent of detriment to the Company, directly or indirectly, to any person, firm, corporation, partnership, association or other entity any Confidential Information.
During Term of Agreement. There shall be no strike, stoppage of work or slow down caused, called or supported by the Union or its members, nor lockout by the Company during the life of this Agreement.
During Term of Agreement. The Vendor shall maintain all required insurance coverage throughout the term of the Agreement. The Vendor shall provide a correct TxDOT insurance form each time its insurance is renewed or updated. Failure to provide this form promptly may be cause for discontinuance of the work and termination of the Agreement.
During Term of Agreement. Should the Proponent be in default under the terms of the loan or under the terms of this Agreement or under the terms of any mortgage or other encumbrance registered on title to the Property, the County shall have the right to declare all or part of the unearned portion of the loan due and payable immediately. Interest will be payable from the date of default until the loan money advanced and any applicable costs and expenses, as set out in section 10.6 is paid in full. The interest rate shall be the Bank of Canada Prime Rate plus 2% in effect at the time of the loan default, and interest will be calculated monthly on the outstanding principal balance.
During Term of Agreement. There shall be no strikes, lockouts or work stoppages during the term of this Agreement, or extension thereof, it being the intent of the parties that all controversies shall be settled amicably and harmoniously. RULE 24 - MANAGEMENT PROVISIONS
During Term of Agreement. Employee shall not conduct or operate, directly or indirectly, or be employed by or be associated in any way with any advertising, marketing, public relations, video production, or business other than that of the Employer, furnish any information as to Employer's methods of operation, trade practices, procedures, training, advertising, publicity or promotional ideas, or any other information relative to the Employer's business. Employee shall comply with the terms, conditions and procedures of employment as determined by the Employer, and shall abide by all governmental laws or regulations governing the Employer's business.
During Term of Agreement. Master Franchisor, and each of them, agrees, and shall cause each of its shareholders, officers, directors and guarantors to agree that, during the term of this Agreement, neither Master Franchisor, nor any shareholder, partner, owner or guarantor of Master Franchisor, if Master Franchisor is a corporation, partnership or other business entity, nor any member of the immediate family of Master Franchisor or of any shareholder, partner, owner or guarantor of Master Franchisor, shall have any direct or indirect interest as an owner, investor, partner, lender, director, officer, employee, consultant, representative or agent, or in any other capacity, in any entity which owns, develops, operates or franchises or licenses others to operate, retail optical stores, centers or businesses which are engaged in the sale of contact lenses, prescription and/or non-prescription eyewear and/or related eye care products, other than the Centers described in this Agreement.
During Term of Agreement. Operator shall be solely responsible for all Environmental Claims directly or indirectly related to or arising out of the actual or alleged existence, generation, use, collection, treatment, storage, transportation, recovery, removal, discharge or disposal of Hazardous Materials at the Facility (or any part thereof) and/or adjacent areas during the term of this Agreement. Operator shall defend, indemnify and hold Owner harmless against all such Environmental Claims.
