Operation by an Affiliate Sample Clauses

Operation by an Affiliate. The Fund, by action of the Manager, may engage an Affiliate of the Manager to provide development, construction, operating, management, purchasing, planning and administrative services for any or all Projects operated by the Fund. Any such Affiliate may be paid for its services, provided that the cost of such services to the Fund is generally within the range of costs the Fund would have been charged by an unrelated third-party. Such Affiliate of the Manager under this Section 12.5 shall act under the supervision and direction of the Manager and does not have the authority to bind the Fund or act directly in its name except as authorized by the Manager or an officer of the Fund. The Manager under this Section 12.5 shall be reimbursed for all costs incurred by it as provided in Section 9.3 (c) but shall not receive any compensation in excess of its costs. The Fund may enter into an operating agreement or other agreements to implement this Section 12.5. The Manager shall not be compensated or reimbursed under this Section 12.5 for any services related to the administration of the Fund as a whole, to relations with Investors or the offering of Shares or to the identification, acquisition or disposition of Projects.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Operation by an Affiliate. The Fund, by action of the Manager, may engage an Affiliate of the Manager to provide development, construction, operating, management, purchasing, planning and administrative services for any or all Oil and Gas Projects operated by the Fund. The Affiliate of the Manager under this Section 12.5 shall act under the supervision and direction of the Manager and does not have the authority to bind the Fund or act directly in its name except as authorized by the Manager or an officer of the Fund. The Manager under this Section 12.5 shall be reimbursed for all costs incurred by it as provided in Section 9.3(c) but shall not receive any compensation in excess of its costs. The Fund may enter into an Operation Agreement or other agreements to implement this Section 12.5. The Manager under this Section 12.5 shall not be compensated or reimbursed for any services related to the administration of the Fund as a whole, to relations with Investors or the offering of Shares or to the identification, acquisition or disposition of Oil and Gas Projects.
Sample 1Sample 2Sample 3See All (4)

Related to Operation by an Affiliate

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

  • Termination by ICANN (a) ICANN may, upon notice to Registry Operator, terminate this Agreement if: (i) Registry Operator fails to cure (A) any fundamental and material breach of Registry Operator’s representations and warranties set forth in Article 1 or covenants set forth in Article 2, or (B) any breach of Registry Operator’s payment obligations set forth in Article 6 of this Agreement, each within thirty (30) calendar days after ICANN gives Registry Operator notice of such breach, which notice will include with specificity the details of the alleged breach, (ii) an arbitrator or court of competent jurisdiction has finally determined that Registry Operator is in fundamental and material breach of such covenant(s) or in breach of its payment obligations, and (iii) Registry Operator fails to comply with such determination and cure such breach within ten (10) calendar days or such other time period as may be determined by the arbitrator or court of competent jurisdiction.

  • Termination by the Company Other than for Cause Termination by the Company of the Executive’s employment for any reason other than for Cause, death or Disability. For purposes of this Agreement, “Cause” shall mean, as determined by the Board:

  • Termination by the University i) The university may terminate this agreement under the following circumstances:

  • Termination by Executive other than for Good Reason Executive’s employment may be terminated by Executive without further liability on the part of Executive (other than with respect to those provisions of this Agreement expressly surviving such termination) by written notice to the Board of Directors at least sixty (60) days prior to such termination; provided, however, the Company may waive the notice period and accelerate the termination date without converting the Termination by Executive into a Termination by the Company.

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by the Executive The Executive may terminate employment hereunder at any time for any reason, including but not limited to, Good Reason. For purposes of this Agreement, “Good Reason” shall mean that the Executive has completed all steps of the Good Reason Process (hereinafter defined) following the occurrence of any of the following events without the Executive’s consent (each, a “Good Reason Condition”):

  • Notice of termination by an employee (a) The notice of termination required to be given by an employee is the same as that required of an employer, save and except that there is no requirement on the employee to give additional notice based on the age of the employee concerned.

  • Termination by Agreement both parties may agree to terminate this Agreement;

  • Termination by University A. The University may terminate this contract if the student fails to fulfill financial obligations specified in this contract or if the student violates any of the terms of this contract or published University or University Housing policy. In such cases, the student will be charged a cancellation fee of 35% of the remainder of contract price plus prorate for the time occupied.

Time is Money Join Law Insider Premium to draft better contracts faster.