Operations of the Corporation Sample Clauses

Operations of the Corporation. Except as contemplated by this Agreement, since the latest filing date of the Corporation’s Reports, the Corporation has not:
Operations of the Corporation. 4.1 Business of the Corporation. The Corporation shall not carry on any business other than:
Operations of the Corporation. The Corporation undertakes to use all reasonable measures in order to realize the objectives of the Business Plan within the delays provided for therein, in accordance with the budget provided for therein and in accordance with proper business practice. The Corporation further undertakes not to materially modify or amend the Business Plan except in the manner provided for in subsection 8.4 and in the event of a breach by the Corporation of the foregoing, the Investor shall (as long as it remains a Shareholder) be entitled to institute arbitration proceeding in accordance with Subsection 17.1 hereof.
Operations of the Corporation. The Corporation and Seller hereby --------------------------------- covenant and agree that, except as consented to in writing by Purchaser, after the Initial Closing Date and prior to the Second Closing Date, the Corporation shall, and the Seller shall cause the Corporation to, operate and conduct itself only in the Ordinary Course of Business. Pursuant thereto and not in limitation of the foregoing, except as otherwise expressly contemplated by this Agreement, after the Initial Closing Date and prior to the Second Closing Date, the Corporation shall:
Operations of the Corporation. 28 6.02 Access. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 6.03
Operations of the Corporation. 6.1 The officers of the Corporation shall at least thirty (30) days prior to the commencement of each quarter of the fiscal year of the Corporation submit a quarterly budget to the Board for approval (the "Quarterly Budget"). The officers shall carry on the Business in accordance with the Quarterly Budget and the directives set forth by the Board from time to time. Any amendments to the Quarterly Budget shall be submitted by the officers of the Corporation to the Board for approval.
Operations of the Corporation. The information that the Corporation has made available to the Purchaser and its Agents in the Data Site is true and correct in all material respects. Since the incorporation of the Corporation, the only material undertaking of the Corporation has been holding 16,511,104 Partnership Units and 61 common shares of GP.
Operations of the Corporation 

Related to Operations of the Corporation

  • Operations of the Company Except as set forth on Schedule 3.26, since the Balance Sheet Date the Company has not:

  • Obligations of the Corporation The Corporation shall have the following obligations under this Agreement:

  • Interim Operations of the Company Except as set forth in Schedule 6.3 hereto, contemplated hereby or with the written consent of Parent or Subsidiary, during the period from the date of this Agreement to the earlier of the New Board Date (as defined in Section 6.12) or the Effective Time, the Company shall, and shall cause its subsidiaries to, conduct (except as otherwise permitted by Section 6.1) its and their business only in the ordinary course, will make no material changes in the operations of the Company or its subsidiaries and shall use its reasonable efforts to (i) preserve intact the business organization of the Company and its subsidiaries, (ii) keep available the services of its and their present officers and key employees, and (iii) preserve the good will of those having business relationships with the Company and its subsidiaries. Except as set forth in Schedule 6.3 hereto, contemplated hereby or with the consent of Parent or Subsidiary, during the period from the date of this Agreement to the earlier of the New Board Date or the Effective Time, neither the Company nor any of its subsidiaries will: (a) amend or otherwise change its certificate of incorporation or by-laws, as each such document is in effect on the date hereof; (b) issue or sell, or authorize for issuance or sale, additional shares of any class of capital stock, including Common Shares or any securities convertible into capital stock, or grant any warrants, options, or other rights to acquire, or incur any obligation or make any commitment for issuance of, capital stock or any securities convertible into capital stock; (c) in the case of the Company, declare, set aside, make or pay any dividend or other distribution with respect to its capital stock other than if requested by Parent; (d) redeem, purchase or otherwise acquire, or agree to redeem, purchase or otherwise acquire, directly or indirectly, any of its capital stock, other than if requested by Parent; (e) except in the ordinary course of business, sell, pledge, dispose of or encumber, or agree to sell, pledge, dispose of or encumber, any material assets of the Company or any of its subsidiaries other than in connection with discontinued operations; (f) acquire (by merger, consolidation, or acquisition of stock or assets) any significant corporation, partnership or other business organization or division thereof for a cash consideration of $100,000 or more with respect to an acquisition, merge or consolidate with any corporation, or enter into or modify any contract, agreement, commitment or arrangement with respect to any of the foregoing; (g) other than in connection with the refinancing of outstanding indebtedness, incur any indebtedness for borrowed money or issue any debt securities except in the ordinary course of business and consistent with past practice or enter into or modify any contract, agreement, commitment or arrangement with respect to any of the foregoing; (h) take any action with respect to the grant of any severance or termination pay other than pursuant to policies or agreements of the Company or any of its subsidiaries in effect on the date hereof; (i) make any loans, advances or capital contributions to, or investments (other than intercompany accounts and short-term investments pursuant to customary cash management systems of the Company in the ordinary course and consistent with past practices) in, any other person other than such of the foregoing as are made by the Company to or in a subsidiary of the Company; (j) except for salary increases or other employee benefit arrangements made in the ordinary course of business consistent with past practice, or heretofore described in writing to the Parent, adopt or (except as provided in Sections 4.5 and 4.7 hereof) amend any bonus, profit sharing, compensation, incentive, stock option, restricted stock, pension, retirement, deferred compensation, employment or other employee benefit plan, agreement, trust, fund or arrangement for the benefit or welfare of any employee; or (k) enter into any agreement to do any of the foregoing.

  • Representations of the Corporation The Corporation represents to the Equity Participant that:

  • Duties of the Corporation a. The Corporation shall furnish to the Distributor copies of all information, financial statements and other papers that the Distributor may reasonably request for use in connection with the distribution of Class I Shares, and this shall include, upon request by the Distributor, one certified copy of all financial statements prepared for the Corporation by independent public accountants. The Corporation shall make available to the Distributor such number of copies of the Fund's prospectus and statement of additional information as the Distributor shall reasonably request.

  • Instructions of the Company The Company shall have the right, by one or more instruments in writing executed and delivered to the Collateral Agent, the Custodial Agent or the Securities Intermediary, as the case may be, to direct the time, method and place of conducting any proceeding for the realization of any right or remedy available to the Collateral Agent, or of exercising any power conferred on the Collateral Agent, the Custodial Agent or the Securities Intermediary, as the case may be, or to direct the taking or refraining from taking of any action authorized by this Agreement; provided, however, that (i) such direction shall not conflict with the provisions of any law or of this Agreement and (ii) the Collateral Agent, the Custodial Agent and the Securities Intermediary shall be adequately indemnified as provided herein. Nothing in this Section 8.2 shall impair the right of the Collateral Agent in its discretion to take any action or omit to take any action which it deems proper and which is not inconsistent with such direction.

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

  • Operation of the Company Each Party agrees to take all actions necessary to ensure that the Company shall be operated in accordance with the terms of this Agreement and the other Transaction Agreements, including, without limitation, to vote all Securities held by it (and to cause all Securities held by any of its Affiliates and permitted transferees under Section 13 to be voted) to effect the terms hereof.

  • Powers of the Company The Company shall have the power and authority to take any and all actions necessary, appropriate, advisable, convenient or incidental to or for the furtherance of the purpose set forth in Section 2.6, including, but not limited to, the power and authority to:

  • Business of the Company The purpose of the Company is to carry on any lawful business, purpose or activity for which limited liability companies may be formed in accordance with Section 18-106 of the Act.