FDC Sample Clauses

The FDC clause, often referring to "Final Design and Construction," establishes the responsibilities and standards for completing the final design and subsequent construction phases of a project. It typically outlines the deliverables required at the end of the design stage, the approval process for those deliverables, and the transition to construction activities. For example, it may specify timelines for submitting final plans, criteria for design approval, and obligations for correcting any deficiencies before construction begins. The core function of this clause is to ensure a clear and structured process for moving from design to construction, minimizing misunderstandings and delays by defining expectations and responsibilities at this critical project stage.
FDC. (i) shall, and shall cause each of its Subsidiaries to, conduct its operations according to their ordinary and usual course of business in substantially the same manner as heretofore conducted; (ii) shall use its reasonable best efforts, and cause each of its Subsidiaries to use its reasonable best efforts, to preserve intact its business organizations and goodwill (except that any of its Subsidiaries may be merged with or into, or be consolidated with any of its other Subsidiaries or may be liquidated into FDC or any of its Subsidiaries), keep available the services of its current officers and other key employees, and preserve its relationships with those persons having business dealings with FDC and its Subsidiaries; (iii) shall confer at such times as R&B may reasonably request with one or more representatives of R&B to report material operational matters and the general status of ongoing operations (to the extent R&B reasonably requires such information); (iv) shall notify R&B of any emergency or other change in the normal course of its or its Subsidiaries, respective businesses or in the operation of its or its Subsidiaries, respective properties and of any complaints or hearings (or communications indicating that the same may be contemplated) of any governmental body or authority if such emergency, change, complaint, investigation or hearing would have a Material Adverse Effect on FDC; (v) shall not, and shall not (except in the ordinary course of business consistent with past practice) permit any of its Subsidiaries that is not wholly owned to, declare or pay any dividends on or make any distribution with respect to their outstanding shares of capital stock, other than in the case of FDC for the stock dividend to holders of record on July 9, 1997, and the distribution of Rights to holders of record on July 16, 1997; (vi) shall not, and shall not permit any of its Subsidiaries to, except (i) in the ordinary course of business consistent with past practice or (ii) as otherwise provided in this Agreement, enter into or amend any Plan; (vii) shall not, and shall not permit any of its Subsidiaries to, authorize, propose or announce an intention to authorize or propose, or enter into an agreement with respect to, any merger, consolidation or business combination (other than the FDC Merger and any mergers, consolidations or business combinations with FDC's Subsidiaries entered into in the ordinary course of business consistent with past practice), any acqu...
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FDC. The Master and Local Agreements will govern in any discrepancies between the Asset Maintenance Contract and those Agreements.
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FDC represents that, neither it, nor anyone acting on its behalf, either directly or indirectly through an agent, has engaged or will engage in any form of Private Placement solicitation or advertising that would be in violation of the Private Placement Procedures. In this regard, FDC shall not engage in activities that constitute a general advertisement or solicitation under Applicable Law, or solicit any investors, in such a manner that would cause the Funds to be unable to rely on Section 4(a)(2) or Regulation D (or any successors thereto) for an exemption from registration of its securities under the Securities Act. FDC will promote the Shares to such persons whom FDC has reasonable grounds to believe, and does believe, meet the suitability and qualification requirements specified in the Private Placement Procedures and the Offering Materials. Additionally, FDC will only promote Shares to such persons who qualify for an exemption under FINRA Rule 5122 and/or 5123.
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Related to FDC

  • Commercialization Intrexon shall have the right to develop and Commercialize the Reverted Products itself or with one or more Third Parties, and shall have the right, without obligation to Fibrocell, to take any such actions in connection with such activities as Intrexon (or its designee), at its discretion, deems appropriate.

  • Manufacturing and Marketing Rights The Company has not granted rights to manufacture, produce, assemble, license, market, or sell its products to any other person and is not bound by any agreement that affects the Company's exclusive right to develop, manufacture, assemble, distribute, market, or sell its products.

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