PEC Sample Clauses

The PEC (Project Execution Committee) clause establishes a committee responsible for overseeing the execution and management of a project under the agreement. Typically, this clause outlines the composition of the committee, its decision-making authority, and the frequency of meetings, ensuring that representatives from both parties are involved in key project decisions. By formalizing a collaborative governance structure, the PEC clause facilitates effective communication, timely resolution of issues, and coordinated project progress, thereby reducing misunderstandings and streamlining project management.
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PEC. The PEC shall properly and accurately represent the relationship of the PEC and its subcontractor(s) to the State of New York, NYSERDA, and to NYSERDA’s Designees. This relationship shall be that the PEC is independent of and voluntarily participating in New Construction Initiatives. The PEC shall not represent itself as working for or certified by, the State of New York, NYSERDA, or the Designees. The PEC shall not represent that the services it provides, or the materials it uses, are in any way endorsed or approved by the State of New York, NYSERDA, or NYSERDA Designee.
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PEC. (i) PACE Entertainment Corporation, a Texas corporation and its successors or (ii) if different, the ultimate corporate parent of the affiliated group which is currently owned, directly or indirectly, through one or more intermediaries, by PACE Entertainment Corporation.
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PEC. If to PEC, addressed to it at: ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Fairfax, Virginia 22030 With a required copy to: ▇▇▇▇▇ ▇. ▇▇▇▇▇, Esquire ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Fairfax, Virginia 22030
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Related to PEC

  • Motorola s sole obligation to Licensee and Licensee’s exclusive remedy under this warranty is to use reasonable efforts to remedy any material Software defect covered by this warranty. These efforts will involve either replacing the media or attempting to correct significant, demonstrable program or documentation errors or Security Vulnerabilities. If Motorola cannot correct the defect within a reasonable time, then at Motorola’s option, Motorola will replace the defective Software with functionally-equivalent Software, license to Licensee substitute Software which will accomplish the same objective, or terminate the license and refund the Licensee’s paid license fee.

  • PRIDE Subject to the agency determination provided for in sections 287.042(1) and 946.515, F.S., the following statement applies: IT IS EXPRESSLY UNDERSTOOD AND AGREED THAT ANY ARTICLES WHICH ARE THE SUBJECT OF, OR REQUIRED TO CARRY OUT, THIS CONTRACT SHALL BE PURCHASED FROM THE CORPORATION IDENTIFIED UNDER CHAPTER 946, F.S., IN THE SAME MANNER AND UNDER THE SAME PROCEDURES SET FORTH IN SECTION 946.515(2) AND (4), F.S.; AND FOR PURPOSES OF THIS CONTRACT THE PERSON, FIRM, OR OTHER BUSINESS ENTITY CARRYING OUT THE PROVISIONS OF THIS CONTRACT SHALL BE DEEMED TO BE SUBSTITUTED FOR THIS AGENCY INSOFAR AS DEALINGS WITH SUCH CORPORATION ARE CONCERNED. Additional information about PRIDE and the commodities or contractual services it offers is available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇-▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.

  • Newco Prior to the Effective Time, Newco shall not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the Parent).

  • Distribution Plans You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s Shares pursuant to Rule 12b-1 under the 1940 Act. The compensation provided in any such Distribution Plan (a “12b-1 Plan”) may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s then current prospectus and statement of additional information (“SAI”), each of which is compensation for different services to be rendered to the Fund. Subject to the termination provisions in a 12b-1 Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 Plan. The distribution fee payable to you as provided in any 12b-1 Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the Fund of any claim the Fund may have against you).

  • Transfer Timing (A) The final paragraph of Paragraph 3(a) shall be deleted and replaced with the following: “Subject to Paragraph 4, and unless otherwise specified, any transfer of Eligible Credit Support or Equivalent Credit Support (whether by the Transferor pursuant to Paragraph 2(a) or by the Transferee pursuant to Paragraph 2(b)) shall be made not later than the close of business on the Settlement Day.” (B) The definition of Settlement Day shall be deleted and replaced with the following: “Settlement Day” means the next Local Business Day after the Demand Date”.