No Operational Control Sample Clauses

No Operational Control. The Company will not control Dealer's site selection, design or appearance of facility, hours of operation, accounting practices, service or sale techniques, personnel policy, advertising and promotional programs or selection of customers. Dealer is free to operate its business according to Dealer's own marketing plan, and except for Dealer's obligation to obtain current HYUNDAI Trailer information set forth in Section 2(f), Company will not require any formal business training, accounting systems, management, marketing or personnel advice, site selection assistance or specified operations manuals.
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No Operational Control. The Parties expressly acknowledge that Licensor has, and shall at all times during the term of the Agreement have, exclusive control over the operations of GL. The Parties further expressly acknowledge that Licensee does not have, and shall not have, any control with respect to the operations of GL. SECTION 3.
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No Operational Control. Nothing in this Agreement shall be interpreted to give operational control over Holdco or any Newco to Clearwire. Clearwire agrees that control over Holdco and each Newco, and, subject to the Third-Party Leases and the Use Agreements, PAGE 21 - SPECTRUM ACCESS AND LOAN FACILITY AGREEMENT any FCC licenses held by Holdco or any Newco will remain with HITN, Holdco and Newco, as applicable, and their existing (or, in the case of each Newco, initial) owners, officers and directors, unless and until Clearwire seeks and obtains any FCC approval, as and if applicable, for a transfer of control.
Sample 1
No Operational Control. Nothing in this Note shall be interpreted to give operational control over Borrower or Newco to Note Holder. Note Holder agrees that control over Borrower and Newco and any FCC licenses held by Borrower or Newco will remain with the Borrower and/or Newco and their existing owners, officers and directors, unless and until Note Holder seeks and obtains any FCC approvals, as and if applicable, for a transfer of control. [HITN SPECTRUM, LLC]/[NEWCO] By: ----------------------------- Print Name: --------------------- Title: -------------------------- NOT TO BE EXECUTED UNDER A POWER OF ATTORNEY PAGE 5 - EXHIBIT 1.37 - PROMISSORY NOTE EXHIBIT 1.37 ADVANCE NO.________ This Grid is attached to that certain Promissory Note dated _____________, from [HITN SPECTRUM, LLC]/[NEWCO] to the order or assigns of Clearwire Corporation on the date of the [ADVANCE/SUBSEQUENT ADVANCE]. Date of [ADVANCE/SUBSEQUENT ADVANCE]:___________________________________________ EBS Opportunity Channel Acquired with Advance: _________________________________ Purchase Price of EBS Opportunity Channel: $_________________ Due Diligence Expenses: $_________________ Closing Costs: $_________________ Acquisition Entity Expense (if applicable): $_________________ TOTAL ADVANCE: $_____________ [OR] Expenses $_________________ TOTAL SUBSEQUENT ADVANCES $_____________ -------------------------------------------------------------------------------- Date Initial Advance Subsequent Advance Interest Payment Interest Paid Through Principal Payment Principal Balance ---- --------------- ------------------ ---------------- --------------------- ----------------- -----------------
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Related to No Operational Control

  • Operational Control Directing the operation of the Transmission Facilities Under ISO Operational Control to maintain these facilities in a reliable state, as defined by the Reliability Rules. The ISO shall approve operational decisions concerning these facilities, made by each Transmission Owner before the Transmission Owner implements those decisions. In accordance with ISO Procedures, the ISO shall direct each Transmission Owner to take certain actions to restore the system to the Normal State. Operational Control includes security monitoring, adjustment of generation and transmission resources, coordination and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Control Areas, voltage reductions and Load Shedding, except that each Transmission Owner continues to physically operate and maintain its facilities.

  • No Operations Buyer does not currently have any business operations or material assets. Upon consummation of the Transactions, Buyer shall not have in excess of $10,000 in debts, obligations or liabilities of any kind or nature.

  • Co-operation 1. The Parties shall take all appropriate and necessary measures to ensure fulfilment of the obligations and objectives arising out of this programme agreement.

  • Operation of the Business Between the date of this Agreement and the Closing, Seller shall:

  • Accounting Services The Manager will provide all accounting services customarily required by investment companies, in accordance with the requirements of applicable laws, rules and regulations and with the policies and practices of each Series as communicated to the Manager from time to time, including, but not limited to, the following:

  • Business Operations Company will provide all necessary equipment, personnel and other appurtenances necessary to conduct its operations. Company will conduct its business operations hereunder in a lawful, orderly and proper manner, considering the nature of such operations, so as not to unreasonably annoy, disturb, endanger or be offensive to others on the Airport. Company will provide all services under this Agreement on a fair and reasonable basis to all users of the Airport. Service will be prompt, courteous and efficient.

  • Interim Operations (a) The Company covenants and agrees as to itself and its Subsidiaries that, from and after the execution of this Agreement and prior to the Effective Time (unless Parent shall otherwise approve in writing, which approval shall not be unreasonably withheld, conditioned or delayed, and except as (1) required by applicable Law, (2) expressly required by this Agreement or (3) otherwise expressly disclosed in Section 6.1(a) of the Company Disclosure Letter), the Company shall use its reasonable best efforts to conduct its business and the business of its Subsidiaries in the ordinary course of business consistent with past practice and each of the Company and its Subsidiaries shall, subject to compliance with the specific matters set forth below, use reasonable best efforts to preserve its business organization intact and maintain the existing relations and goodwill with Governmental Entities, customers, suppliers, distributors, licensors, creditors, lessors, employees and business associates and others having material business dealings with it and keep available the services of the Company and its Subsidiaries’ present employees and agents. Without limiting the generality of, and in furtherance of, the foregoing, the Company covenants and agrees as to itself and its Subsidiaries that, from and after the date of this Agreement and prior to the Effective Time, except (A) as required by applicable Law, (B) as Parent may approve in writing (such approval not to be unreasonably withheld, conditioned or delayed), (C) as expressly disclosed in Section 6.1(a) of the Company Disclosure Letter or (D) as expressly provided for in this Agreement, the Company shall not and will not permit any of its Subsidiaries to:

  • Accounting System Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

  • Additional Accounting Services Ultimus shall also perform the following additional accounting services for each Portfolio:

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