Restrictions on Operation Sample Clauses

Restrictions on Operation. 21.1 Any on road touring vehicle - The Hirer agrees that the vehicle will not be operated on unsealed roads other than dirt roads to access certain camping grounds and national parks. The vehicle is not permitted to travel over rocky roads, swollen creeks, rivers or beaches and is not permitted on any marked 4WD roads. The cost of repairing any damage caused by breaching this restriction will be the sole responsibility of The Hirer.
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Restrictions on Operation. Lessee shall not operate or locate the Aircraft in any country that is the subject of sanctions under the U.S. International Economic Emergency Powers Act or U.N. Security Council directives (presently Cuba, Iran, Iraq, Libya, North Korea and the Federal Republic of Yugoslavia (Serbia and Montenegro)). It also agrees not to operate or locate the Aircraft in any country restricted under the U.S. Trading with the Enemy Act and the U.S. Export Administration Act except as may be permitted by operating in accordance with the conditions specified by the U.S. Export Administration Regulations, General License GATS (15 CFR Part 771.19) (presently Cuba, North Korea and Libya).
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Restrictions on Operation. Pending the closing of the transactions contemplated by this Agreement, the Sellers covenants that they will cause the Company and the Subsidiaries to conduct their business only in the ordinary course; make no change in its certificate of incorporation or by-laws; neither declare nor pay any dividend nor make any other distribution or payment in respect of its issued and outstanding shares of capital stock, nor redeem, purchase or otherwise acquire any of such shares; make no loan to any officer, director or shareholder of the Company or Subsidiary; refrain from increasing any compensation payable to any employee, agent or representative of the Company or a Subsidiary; and enter into no contract or commitment extending beyond the Closing except as normally required in connection with the ordinary conduct of its business affairs.
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Restrictions on Operation. Lessee shall not operate or locate the Aircraft or permit the Aircraft to be operated or located on any routes or in any country in any manner that (i) would be in breach of or violate any relevant Law of the United States or in or over any area that may expose Lessor or any Financing Party to any penalty, fine, sanction or other liability, whether civil or criminal, under any applicable Law, or (ii), subject to Section 8.05, would result in the Aircraft being ineligible for registration in the name of Lessor under 49 U.S.C. 44102(a)(1)(C). Lessee shall not operate the Aircraft in any geographical area for which it is not duly authorized. Lessee shall not use the Aircraft for training of any Person other than its own employees and shall not use the Aircraft for training its personnel more than it uses any other EMB-145 aircraft in its fleet, whether owned or leased.
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Restrictions on Operation. Pending the closing of the transactions contemplated by this Agreement, the Seller covenants that the Seller will cause the Company (and Subsidiaries) to conduct its business only in the ordinary course; make no change in its Certificate of Incorporation or By-Laws; neither declare nor pay any dividend nor make any other distribution or payment in respect of its issued and outstanding shares of capital stock, nor redeem, purchase or otherwise acquire any of such shares; make no loan to any officer, director or shareholder of the Company (and Subsidiaries); refrain from increasing any compensation payable to any employee, agent or representative of the Company (and Subsidiaries); and enter into no contract or commitment extending beyond the Closing except as normally required in connection with the ordinary conduct of its business affairs.
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Restrictions on Operation. The Hirer agrees that the vehicle will only be operated according to the restrictions contained in Item 11.
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Related to Restrictions on Operation

  • Restrictions on Testing If the Engineer will perform commercial laboratory testing under this contract, on any project the Engineer may not perform more than one of the following types of testing:

  • Restrictions on U.S Transfers. Transfers of interests in the Regulation S Global Security to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of Section 3.03(h)(C).

  • Restrictions on Use Licensee is not permitted to make any use of the Licensed Marks in connection with products or services other than the Sprint PCS Products and Services, and as specifically authorized in Sections 1.1(b) above with respect to Related Equipment and Premium and Promotional Items, nor to make any use of the Licensed Marks directed outside of the Service Area.

  • Restrictions on Resale The Awardee agrees not to sell any Shares at a time when Applicable Laws, Company policies, or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Awardee is a Service Provider and for such period after the Awardee's Termination of Service as the Administrator may specify.

  • Restrictions on Lobbying The subrecipient shall not use funds made available to it under this Agreement to pay for, influence, or seek to influence any officer or employee of a State or Federal government.

  • Restrictions on Business There shall be no restrictions on the business that Amalco may carry on.

  • Restrictions on Resales The Holder acknowledges that the Securities must be held indefinitely unless subsequently registered under the Securities Act or an exemption from such registration is available. The Holder is aware of the provisions of Rule 144 promulgated under the Securities Act, which permit resale of shares purchased in a private placement subject to the satisfaction of certain conditions, which may include, among other things, the availability of certain current public information about the Company; the resale occurring not less than a specified period after a party has purchased and paid for the security to be sold; the number of shares being sold during any three-month period not exceeding specified limitations; the sale being effected through a “broker’s transaction,” a transaction directly with a “market maker” or a “riskless principal transaction” (as those terms are defined in the Securities Act or the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder); and the filing of a Form 144 notice, if applicable. The Holder acknowledges and understands that the Company may not be satisfying the current public information requirement of Rule 144 at the time the Holder wishes to sell the Securities and that, in such event, the Holder may be precluded from selling the Securities under Rule 144 even if the other applicable requirements of Rule 144 have been satisfied. The Holder acknowledges that, in the event the applicable requirements of Rule 144 are not met, registration under the Securities Act or an exemption from registration will be required for any disposition of the Securities. The Holder understands that, although Rule 144 is not exclusive, the Securities and Exchange Commission has expressed its opinion that persons proposing to sell restricted securities received in a private offering other than in a registered offering or pursuant to Rule 144 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales and that such persons and the brokers who participate in the transactions do so at their own risk.

  • Restrictions on Owners' Power The Owners shall not direct the Owner Trustee to take or to refrain from taking any action if such action or inaction would be contrary to any obligation of the Issuer or the Owner Trustee under this Agreement or any of the other Basic Documents or would be contrary to the purpose of the Issuer as set forth in Section 2.03, nor shall the Owner Trustee be obligated to follow any such direction, if given.

  • Restrictions on Sale This Debenture has not been registered under the Securities Act of 1933, as amended (the "Act") and is being issued under Section 4(2) of the Act and Rule 506 of Regulation D promulgated under the Act. This Debenture and the Common Stock issuable upon the conversion thereof may only be sold pursuant to registration under or an exemption from the Act.

  • Restrictions on Nature of Business The Borrower will not engage in any line of business materially different from that presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its business.

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