Sole Purpose of the JVC Sample Clauses

Sole Purpose of the JVC. 2.2.1 The JVC having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the JVC or any of its subsidiaries shall not, except with the previous written consent of AAI, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein. Provided however that the JVC may engage in developing, constructing, operating or maintaining a second airport pursuant to exercise of the Right of First Refusal granted to the JVC under the State Support Agreement.‌
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Sole Purpose of the JVC. The JVC shall be set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under Concession Agreement and the JVC or any of its subsidiaries shall not, except with the previous written consent of the PC and FDCM, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein subject to the Memorandum and Articles of Association of the JVC and including such other business as may be approved by the Board from time to time in accordance with terms hereof, the JVC’s business shall be the execution and performance of the Gorewada Zoo and Rescue Centre(the "Business") in accordance with the terms of the Concession Agreement and the financing documents executed / to be executed by the Company with its lenders rendering financial assistance in respect of the Project. Subject to the terms hereof, the Shareholders agree to use their reasonable endeavours to promote and carry out the Business and to provide such technical and other assistance to the JVC as is within its scope of expertise at all times during the term of this Agreement.
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Related to Sole Purpose of the JVC

  • Sole purpose of the Concessionaire The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the Authority, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.

  • Purpose of the Agreement ‌ The purpose of this Agreement is to authorize PDL NPDL to charter space to PFLG in the Trade (as hereinafter defined).

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

  • PURPOSE OF THE CONTRACT DSHS agrees to purchase, and Contractor agrees to provide, services or goods to the eligible populations.

  • Purpose of Use The Executive agrees that he will use Confidential Information only for purposes authorized or directed by the Company.

  • Purpose of the Grant I.1.1 The Commission has decided to award a grant, under the terms and conditions set out in the Special Conditions, the General Conditions and the Annexes to the agreement, which the beneficiary hereby declares that he has taken note of and accepts, for the action entitled […] ("the action").

  • Purpose of the Committee In order to xxxxxx better relations between the parties, the purpose of the Committee shall be to discuss matters of mutual concern including matters pertaining to the improvement of quality health care and safe nursing practice. The Committee shall have the power to make recommendations to the Union and to the Employer.

  • PURPOSE OF THIS AGREEMENT 2.1 To comply with the provisions of Section 57(1)(b),(4B) and (5) of the Systems Act as well as the Contract of Employment entered into between the Parties;

  • Interested Party for the purpose of filing a dispute relating to a solicitation, as used in this section, means an actual or prospective bidder or offeror whose direct economic interest would be affected by the award of a Contract or by the failure to award a Contract.

  • Purpose of the Processing The provision of the Services by the Data Processor to the Data Controller.

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