Measures Taken Sample Clauses

Measures Taken. In 1999, Anangel made a rights offerxxx xx its shareholders in an effort to provide funds for capital investments and increase to the size of the trading market in its Shares. To ensure that the offering was fully subscribed and that Anangel would receive funding for its capital investment program, the Angelicoussis and Kanellakix xxxxxx xxxxrests agreed to purchase the Shares offered to them and any Shares offered but not purchased by other shareholders. As a result of the offering, Anangel issued a total of 7,000,005 additional Shares, 7,167,148 (or approximately 89.69%) of which were purchased by the Angelicoussis and Kanellakix xxxxxx xxxxrests. In 2001 Anangel paid a cash dividenx xx $0.00 per Share to facilitate the removal of the Kanellakis family interests in Anangel from Anangel's activities within xxx xxipping industry. Anangel later in 2001 acquired a 25% stake in ACOL Tankers Limited and an option to purchase a further 26% of ACOL before December 31, 2001. However, due to the worsening outlook in the global economy generally and in the shipping industry in particular, these initiatives failed to improve Anangel's share price, whicx xxxxxnued to decline during this period and made further expansion or acquisitions increasingly difficult. The Angelicoussis family interexxx xxx xxx xonsider soliciting a third-party offer for the publicly held shares in any depth, not believing that any such offer would be seriously undertaken in that (1) the Angelicoussis family interexxx xxxx xx xresent intention of selling their Shares and (2) there is a minimal market for acquiring minority positions in companies of this size with an already existing controlling interest. Consequently, the issue of soliciting third party offers was never considered a viable option by the Angelicoussis family interexxx, xxx xxx accordingly never factored into the consideration offered to the shareholders as a variable in determining the Offer Price. Superior Navigation, the Angelicoussis family interexxx, xxx xxxxpendent committee of Anangel's Board and Anangel'x Xxxxd all believe xxx Xxfer Price to be fair to Anangel's unaffiliated sharxxxxxxxs. No unaffiliated representative was hired to negotiate on behalf of the unaffiliated shareholders. The aggregate market value of the 4,523,307 Shares held by the unaffiliated shareholders was approximately $15,157,602 immediately prior to public notification of the Offer (whereas the purchase of the Shares held by the unaffiliated shareh...
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Measures Taken 

Related to Measures Taken

  • Measures SAP protects its assets and facilities using the appropriate means based on the SAP Security Policy • In general, buildings are secured through access control systems (e.g., smart card access system). • As a minimum requirement, the outermost entrance points of the building must be fitted with a certified key system including modern, active key management. • Depending on the security classification, buildings, individual areas and surrounding premises may be further protected by additional measures. These include specific access profiles, video surveillance, intruder alarm systems and biometric access control systems. • Access rights are granted to authorized persons on an individual basis according to the System and Data Access Control measures (see Section 1.2 and 1.3 below). This also applies to visitor access. Guests and visitors to SAP buildings must register their names at reception and must be accompanied by authorized SAP personnel. • SAP employees and external personnel must wear their ID cards at all SAP locations.

  • Corrective Measures If the Participating Generator fails to meet or maintain the requirements set forth in this Agreement and/or the CAISO Tariff, the CAISO shall be permitted to take any of the measures, contained or referenced in the CAISO Tariff, which the CAISO deems to be necessary to correct the situation.

  • Safety Measures Employees working in any unsanitary or dangerous jobs shall be supplied with all the necessary tools, safety equipment, and protective clothing.

  • Provisional Measures Article 50

  • Interim Measures 6.1 The Parties acknowledge that the British Columbia Claims Task Force made the following recommendation concerning interim measures:

  • Taxation Measures 1. Except as provided in this Article nothing in this Agreement shall apply to taxation measures. 2. Nothing in this Agreement shall affect the rights and obligations of the Parties under any tax convention. In the event of any inconsistency between the provision of this Agreement and any such convention, the provisions of that convention shall apply to the extent of the inconsistency. 3. Without prejudice to the application of paragraph 2, the disciplines referred to hereinafter shall apply to taxation measures: (a) Article 7 (National Treatment) of Chapter 2 (National Treatment and Market Access for Goods) and such other provisions of this Agreement as are necessary to give effect to that Article to the same extent as does Article III of the GATT 1994; and (b) Article 106 (National Treatment) of Chapter 8 (Trade in Services), subject to the exceptions provided for in Article XIV letters (d) and (e) of the GATS, which are hereby incorporated. 4. The provisions of Article 133 (Expropriation) and Annex 9 (Expropriation) of this Chapter shall apply to taxation measures alleged to be expropriatory. 5. The provisions of Article 139 (Investor-State Dispute Settlement) apply with respect to paragraph 4 of this Article. 6. If an investor invokes Article 133 (Expropriation) and Annex 9 (Expropriation) of this Chapter as the basis of a claim to arbitration according to Article 139 (Investor-State Dispute Settlement), the following procedure shall apply: The investor must first refer to the competent tax authorities described in subparagraph 7(c), at the time that it gives written notice of intent under Article 139 (Investor-State Dispute Settlement), the issue of whether the tax measure concerned involves an expropriation. In case of such referral, the competent tax authorities shall consult. Only if, within 6 months of the referral, they do not reach an agreement that the measure does not involve an expropriation, or in case the competent tax authorities of the Parties fail to consult with each other, the investor may submit its claim to arbitration under Article 139 (Investor-State Dispute Settlement). 7. For purposes of this Article: (a) taxation measures do not include: (i) a customs duty; or (ii) the measures listed in exceptions (b) and (c) of the definition of customs duty; (b) tax convention means a convention, or other international arrangement on taxation, to avoid double taxation; and (c) competent tax authorities means: (i) for China, the State Administration of Taxation; and (ii) for Peru, the Ministry of Economy and Finance, or its successor.

  • Regulatory Action Seller is not currently under investigation or, to best of Seller’s knowledge, no investigation by any federal, state or local government agency is threatened. Seller has not been the subject of any government investigation which has resulted in the voluntary or involuntary suspension of a license, a cease and desist order, or such other action as could adversely impact Seller’s business. [If so, Seller shall describe the situation in reasonable detail and describe the action that Seller has taken or proposes to take in connection therewith.]

  • Determination of Responsiveness 28.1 The Procuring Entity's determination of a Tender's responsiveness is to be based on the contents of the Tender itself, as defined in ITT28.2.

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Metrics The DISTRICT and PARTNER will partake in monthly coordination meetings at mutually agreed upon times and dates to discuss the progress of the program Scope of Work. DISTRICT and PARTNER will also mutually establish criteria and process for ongoing program assessment/evaluation such as, but not limited to the DISTRICT’s assessment metrics and other state metrics [(Measures of Academic Progress – English, SBAC – 11th grade, Redesignation Rates, mutually developed rubric score/s, student attendance, and Social Emotional Learning (SEL) data)]. The DISTRICT and PARTNER will also engage in annual review of program content to ensure standards alignment that comply with DISTRICT approved coursework. The PARTNER will provide their impact data based upon these metrics.

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