NSC Sample Clauses
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NSC. NSC will not and no other member of the Group will take any formal steps to wind-up NSC until the Parent has delivered to the Facility Agent legal opinions (in form and substance satisfactory to the Majority Lenders) addressed to the Facility Agent and the Lenders confirming that the obligations and liabilities of NSC as a Borrower under the Senior Finance Documents have been novated or otherwise transferred to Canco and that Canco is primarily liable for all such obligations and liabilities and, if required by the Security Agent, each of the Guarantors has acknowledged to the Security Agent that its guarantee of such Borrowings remains in full force and effect notwithstanding any such novation or transfer.
NSC. NSC represents and warrants to CSX, CRR and CRR Parent as of the date hereof and as of the Closing Date as follows:
NSC the Borrower shall assign the responsibility for supervising and coordinating the implementation of the Project to NSC, and shall, for this purpose, maintain NSC until the completion of the Project under operating procedures satisfactory to the Borrower and the Bank.
NSC on behalf of itself and each of its divisions, subsidiaries, affiliates and other related entities (whether or not such entities are wholly owned) and its past, present and future directors, officers, employees and agents, and the predecessors, successors and assigns of each of them, agrees to and does hereby release, acquit and forever discharge ▇▇▇-▇▇▇▇▇▇ and anyone claiming through him including, but not limited to, his past, present and future agents, family members, representatives, heirs, executors and administrators, or the predecessors, successors and assigns of each of them (hereinafter collectively referred to as the "Released Parties"), of and from any and all claims, demands and causes of action of every kind or character, in every proceeding whatsoever, known or unknown, now existing or which may hereafter arise, by reason of any act or omission on the part of the Released Parties occurring at any time up to and including the date of execution of this General Release and Covenant Not to ▇▇▇. Without restricting the generality of the foregoing, NSC agrees to and does hereby release, acquit and forever discharge the Released Parties of and from any and all claims, demands and causes of action, known or unknown, arising out of or in any way connected with or relating to ▇▇▇-▇▇▇▇▇▇'▇ employment and termination of employment with NSC from the beginning of said employment up to and including the date of execution of this General Release and Covenant Not to ▇▇▇, including but not limited to claims, demands and causes of action based in whole or in part on breach of contract, including breach of the Employment Agreement, dated November 9, 1995, by and between ▇▇▇-▇▇▇▇▇▇ and NSC. Notwithstanding anything to the contrary set forth in this General Release and Covenant Not to ▇▇▇, this release shall not apply to, or release the Released Parties from, any obligation contained in the Agreement dated April 22, 1997, between ▇▇▇-▇▇▇▇▇▇ and NSC.
NSC. (a) The Borrower shall maintain the NSC, to oversee the work of TASAF MU. Unless the Association shall otherwise agree, the NSC shall
(i) be chaired by a representative of the Vice President’s Office, or any other person designated by the President’s Office; and (ii) comprise, inter alia, the following members: representatives of the President’s Office, the ministries responsible for finance; community development, women's affairs and children; regional administration and local government; labor and youth; as well as by representatives of NGOs, research institutions, and Interfaith. The Executive Director of TASAF MU shall be the Secretary and an ex-officio member.
(b) The NSC shall, on behalf of the Borrower, (i) provide overall policy guidance on the management of the Project, (ii) give TASAF MU directives and guidance on the interpretation of the Borrower’s policies pertaining to those sectors affected by the Project, (iii) approve TASAF MU’s annual work plans, (iv) review quarterly and annual reports and semiannual and annual audits; and (v) monitor and evaluate Project implementation and impact.
NSC
