Permitted Activity. This Agreement has been duly authorized, executed and delivered by the Backup Servicer and the performance and compliance with the terms of this Agreement will not violate the Backup Servicer’s articles of association or bylaws or constitute a default (or an event, which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material contract, indenture, lease, credit agreement or any other agreement or instrument to which the Backup Servicer is a party to which may be applicable to the Backup Servicer or any of its assets.
Permitted Activity. Nothing contained in this Section 15 shall limit or restrict the Executive from seeking or discussing an employment, consulting or other business relationship with any third party, including any party engaged in the Business; it being acknowledged and agreed that prior to entering into any such relationship that would violate the terms of this Section 15 Executive must obtain the written consent of the Company. Any request for such a consent shall be furnished in writing in accordance with Section 21 hereof.
Permitted Activity. Any and all activity relating to Usage-Driven Site 17 that is permitted under all applicable Law.
Permitted Activity. A “Permitted Activity” means any activity that (i) occurs in the Ordinary Course of Business to the extent the proposed activity does not occur as a result of an expansion of the Project or a change in the use of the Purchased Assets from a cogeneration facility to an alternate use or due diligence conducted by a future purchaser or financing source; (ii) is consistent with the activities conducted under a Phase 1 Level Environmental Inspection; (iii) is required by an Environmental Law or in response to an unsolicited request of a Governmental Authority; (iv) is conducted by Buyer in connection with repairs, modifications, maintenance or construction activities
Permitted Activity. Notwithstanding anything to the contrary ------------------ contained herein, nothing in this Agreement shall be deemed to prohibit Debtor from retaining, using, licensing, moving, selling or disposing of or otherwise taking any actions with respect to the Collateral or the Pledged Collateral (a) in the ordinary course of business or (b) to raise funds to pay a Secured Obligation.
Permitted Activity. Operator is granted authorization to conduct skydiving jumps at the Airport using the designated PLA subject to the terms and conditions of this Permit.
Permitted Activity. Nothing contained in this Agreement shall limit Shareholder from taking any of the actions otherwise prohibited in Sections 4.2 or 4.5 of this Agreement in connection with any annual or special meeting of shareholders scheduled to take place at any time following the expiration of the Holding Period (including the 2006 Annual Meeting or 2007 Annual Meeting, as applicable, if Shareholder has given the Holding Period Termination Notice by December 31, 2005), including, without limitation, nominating directors requesting a shareholder list and related information, or taking any other action related to the solicitation of proxies or written consents or making any public filings or announcements in furtherance thereof.
Permitted Activity. This Insurance Agreement has been duly authorized, executed and delivered by the Backup Servicer and the performance and compliance with the terms of this Agreement will not violate the Backup Servicer’s organizational documents or constitute a default (or an event, which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material contract, indenture, lease, credit agreement or any other agreement or instrument to which the Backup Servicer is a party to which may be applicable to the Backup Service or any of its assets.
Permitted Activity. Notwithstanding anything in this Agreement to the contrary, Executive shall be permitted to be an investor, director, officer and/or employee of one (1) special purpose acquisition company (“SPAC”). In addition, if during the Non-Competition Period, an opportunity related to the Company’s and/or the Parent’s business (or which is similar to or competitive with a business of the Company and/or the Parent) is presented to the Executive, whether as a director (in his capacity as a director) or as an employee, then if the Specified Conditions are met, the Executive may pursue such opportunity and be engaged with such activity (whether in connection with the SPAC or any company involved in a business combination with the SPAC or otherwise) and it shall not be deemed a breach of this Agreement (notwithstanding anything contained in Section 6) or the Company’s and/or the Parent’s corporate guidelines or the Company’s and/or the Parent’s articles of incorporation or any other agreement. For purposes of this Agreement, “Specified Conditions” means that (i) such opportunity is presented to a committee of independent directors of the Board, (ii) the committee determines not to pursue such opportunity and (iii) the committee consents in writing to the Executive pursuing such opportunity for his own benefit (whether through a SPAC or any company involved in a business combination with the SPAC or otherwise).
Permitted Activity. Nothing contained in this Agreement shall prevent or restricted HD from selling its products to any person.
