Emergency Actions Sample Clauses
The Emergency Actions clause defines the procedures and authority for taking immediate action in response to urgent or unforeseen situations that threaten safety, property, or the environment. Typically, this clause grants designated parties the right to implement necessary measures without prior approval if an emergency arises, such as a fire, hazardous material spill, or natural disaster. Its core function is to ensure that swift and decisive steps can be taken to mitigate harm or prevent further damage, thereby protecting people and assets when time is of the essence.
Emergency Actions. If the Collateral Agent has asked the Secured Parties for instruction and the Required Secured Parties or Acting Secured Parties, as applicable, have not yet responded to such request, the Collateral Agent shall be authorized to take, but shall not be required to take, and shall in no event have any liability for the taking, any delay in taking or the failure to take, such actions (other than any action described or permitted under Section 6.7) with regard to a Default or Event of Default which the Collateral Agent, in good faith, believes to be reasonably required to promote and protect the interests of the Secured Parties and to preserve the value of the Collateral and shall give the Secured Parties appropriate notice of such action; provided that once instructions with respect to such request have been received by the Collateral Agent from the Required Secured Parties or Acting Secured Parties, as applicable, the actions of the Collateral Agent shall be governed thereby and the Collateral Agent shall not take any further action which would be contrary thereto.
Emergency Actions. If the Collateral Agent has asked the Required Creditors for instructions following the receipt of any notice of an Event of Default and if the Required Creditors have not responded to such request within 30 days, the Collateral Agent shall be authorized to take such actions with regard to such Event of Default which the Collateral Agent, in good faith, believes to be reasonably required to protect the Collateral from damage or destruction; provided, however, that once instructions have been received from the Required Creditors, the actions of the Collateral Agent shall be governed thereby and the Collateral Agent shall not take any further action which would be contrary to such instructions.
Emergency Actions. The Collateral Agent is authorized, but not obligated, to take any action reasonably required to perfect or continue the perfection or effectiveness of the Liens in the Collateral for the benefit of the Secured Parties and following the occurrence of a Default or Event of Default and before the Required Lenders have given the Collateral Agent directions, to take any action (subject to the restrictions in Section 5.02) which the Collateral Agent, in its sole discretion and good faith, believes to be reasonably required to protect the interests of the Lenders and to maximize both the value of the Collateral and the present value of the recovery by the Lenders on the Obligations; provided, however, that once such directions have been received, the actions of the Collateral Agent shall be governed thereby and the Collateral Agent shall not take any further action which would be contrary thereto. The Collateral Agent shall give written notice of any such action to the Lenders within one Business Day and shall cease any such action upon its receipt of written instructions from the Required Lenders.
Emergency Actions. A. Emergency actions are those actions deemed necessary by the CRD as an immediate and direct response to an emergency situation, which is a disaster or emergency declared by the President, tribal government, or the governor of the state, or other immediate threats to life or property. Emergency actions under this Agreement are only those implemented within thirty (30) calendar days from the initiation of the emergency situation.
B. If the emergency action has the potential to affect historic properties, the CRD shall notify the SHPO, interested Indian tribes, and other parties as appropriate prior to undertaking the action, when feasible. As part of the notification, the CRD shall provide a plan to address the emergency. The SHPO and other parties shall have seven (7) calendar days to review and comment on the plan to address the emergency. If the SHPO and other parties do not comment or object to the plan within the review period, the CRD shall implement the proposed plan.
C. If the CRD is unable to consult with the SHPO and other parties prior to carrying out emergency actions, the CRD shall notify the SHPO and other parties as appropriate within forty-eight (48) hours after the initiation of the emergency action. This notification shall include a description of the emergency action taken, the effects of the action(s) to historic properties, and, where appropriate, any further proposed measures to avoid, minimize, or mitigate potential adverse effects to historic properties. The SHPO and other parties shall have seven (7) calendar days to review and comment on the proposal where further action is required to address the emergency. If the SHPO and other parties do not object to the plan within the review period, the CRD shall implement the proposed plan.
D. Where possible, the CRD shall ensure that such emergency actions shall be undertaken in a manner that does not foreclose future preservation or restoration of historic properties. Where such emergency actions may affect historic buildings, they shall be undertaken in a manner that is consistent with the Secretary of the Interior’s Standards for the Treatment of Historic Properties. (▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/tps/standards.htm). In addition, where possible, the CRD shall ensure that such actions shall be done with on-site monitoring by the appropriate preservation professional who meets, at a minimum, the Professional Qualifications Standards in his or her field of expertise.
E. Where the SHPO and/or any othe...
Emergency Actions. If the Collateral Agent has asked the Payees for instructions with regard to an Event of Default and if the Payees have not yet responded to such request, the Collateral Agent shall be authorized to take such actions with regard to such Event of Default which the Collateral Agent, in good faith, believes to be reasonably required to promote and protect the interests of the Payees and to maximize both the value of the Collateral and the present value of the recovery by each of the Payees on the Obligations; provided, however, that once instructions have been received from the Requisite Payees which comply with Section 16(f) hereof, the actions of the Collateral Agent shall be governed thereby and the Collateral Agent shall not take any further action which would be contrary thereto.
Emergency Actions. In the event that it is necessary to make expenditures which are not provided for in the Annual Business Plan, or to take any other action which requires the approval of NYSCRF under Section 6.04, but which is required under emergency court order, executive order or legislation, or which the General Partner, in good faith, believes appropriate in an emergency to avoid risk to life or health or facilitate the preservation of any portion or all of the Company’s assets, and the General Partner reasonably determines that there is insufficient time to obtain such approval and that any delay in making such expenditures or taking such action could result in a violation of law or materially adversely affect the value of the Company assets or could materially increase the risk to life or health, then the General Partner shall be authorized to bind the Company for any expenditures or in any other action taken on behalf of the Company in such emergency. The General Partner shall notify NYSCRF of any exercise of its power and authority under this Section as soon as practicable thereafter.
Emergency Actions. Notwithstanding the foregoing, in the event Operator or Operator’s Representatives have caused damage to Town Roads of a magnitude sufficiently great to create a hazard to the motoring public, which in Town’s opinion warrants an immediate repair or Town Road closing, Town may unilaterally close those Town Road(s) affected and make or authorize repair, with the reasonable, documented costs thereof paid for by Operator from the Maintenance Account as described in Section 2.E. of this Agreement. Both Parties acknowledge that while Town is the Jurisdictional Authority for those Town Roads listed in Exhibit B, certain emergency situation(s) may arise that fall under law enforcement, fire district or emergency management control. In such situations the road may be closed to traffic, including traffic from the Project, outside the control of Town. Town shall not be responsible for any harm to Operator, Operator’s Representatives or the Project that may result from Town Road closings that occur due to such emergencies.
Emergency Actions. Notwithstanding anything in this Agreement to the contrary, following, to the extent reasonably practicable, advance notice to and consultation with the other Parties, a Party may take (or not take, as the case may be) any action that would otherwise be inconsistent with the obligation to conduct its business in the ordinary course of business consistent with past practice in all material respects to the extent reasonably necessary and prudent (a) to prevent material harm to the health and safety of any Employees, customers, distributors, vendors, suppliers or Affiliates of the Company or its Subsidiaries, or (b) to ensure compliance with any Public Health Measures enacted or becoming applicable to any member of the Company and its Subsidiaries after the date hereof. Any action taken or not taken in accordance with this Section 7.3 shall be deemed to occur in the ordinary course of business consistent with past practice for purposes of Section 7.1 or Section 7.2 of this Agreement.
Emergency Actions. Notwithstanding anything in this Agreement to the contrary, (a) following reasonable advance notice to and reasonable consultation with Parent (whose input Company will consider in good faith), any of the Company Group may take (or not take, as the case may be) any action that would otherwise be prohibited or required under Section 6.1 or Section 6.2, and (b) following reasonable advance notice to and reasonable consultation with Company (whose input Parent will consider in good faith), any of the Parent Group may take (or not take, as the case may be) and action that would otherwise be prohibited or required under Section 6.3, in each case, to the extent reasonably necessary to (i) prevent imminent and material harm to the health and safety of any employees of the Company Group or Parent Group, as applicable; or (ii) ensure compliance with any Public Health Measures enacted or becoming applicable to any of the Company Group or Parent Group, as applicable, after the date hereof. Any action taken or not taken in accordance with this Section 6.4 shall be deemed to occur in the ordinary course of business for purposes of this Agreement.
Emergency Actions. 1. The Parties shall consult each other promptly at the request of either Contracting Party whenever imports of products or originating in the territory of the other Contracting Party causes or threatens to cause injury to domestic producers of like or directly comparative products, with the aim of finding immediate solutions to the problems raised.
2. If as result of the said consultations the Contracting Parties are unable to reach Agreement, within a 30 days from the date of written request by the Contracting Party concerned, on the means of preventing or remedying injury, the importing Contracting Party will be free to take appropriate measures relative to the import of the products concerned to the extent and for such time as is necessary to prevent occurrence of injury.
3. In critical circumstances, where emergency action is necessary to prevent or remedy such injury, the importing Contracting Party may take appropriate measures without prior consultation, on the condition that the consultation be offered immediately after taking such measures.
4. In the selection of measures under this Article, the Contracting Parties shall endeavor to give priority to those measures which cause the least disturbances to the functioning of this Agreement.