Specific Transactions Sample Clauses
The 'Specific Transactions' clause defines and governs particular types of transactions that are subject to the agreement. It typically outlines which transactions are covered, such as sales, purchases, or transfers of certain goods, services, or assets, and may set out any special terms or conditions that apply to these transactions. By clearly identifying and regulating these specific transactions, the clause ensures that both parties understand the scope of their obligations and reduces the risk of disputes over what is included under the agreement.
Specific Transactions. Without limiting the generality of the foregoing, it is hereby acknowledged and agreed that the Manager shall be permitted to bargain for, and accept transactions in connection with the business of the Company and each Series, subject to the terms of any other agreement among the Members.
Specific Transactions. (i) No Material Event shall have occurred on or after the date of this Agreement, and (ii) no Material Event is pending.
Specific Transactions. Without limiting the generality of the foregoing, it is hereby acknowledged and agreed that the General Partner shall be permitted to bargain for and accept the following transactions connected with the business of the Partnership, subject to the terms of any other agreement among the Limited Partners.
Specific Transactions. 11 Section 3.7 Merger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 ARTICLE IV RIGHTS AND STATUS OF LIMITED PARTNERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Section 4.1 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Section 4.2 Liability of the Limited Partners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Specific Transactions. The Partnership, and the General Partner on behalf of the Partnership, may enter into, execute, deliver and perform any and all documents relating to the transactions contemplated in the Offering Memorandum of the Partnership and SFG Capital Corporation, regarding the 9 7/8% Senior Subordinated Notes due 2007, and the Credit Agreement, and all documents relating thereto, without any further act, vote or approval of any other Partner notwithstanding any other provision of this Agreement, the DRULPA or other applicable law, rule or regulation. The General Partner is hereby authorized to enter into the documents described in the preceding sentence on behalf of the Partnership, but such authorization shall not be deemed a restriction on the power of the General Partner to enter into other agreements or documents on behalf of the Partnership.
Specific Transactions. Without limiting the generality of the foregoing, it is hereby acknowledged and agreed that the Manager shall be permitted to bargain for and accept the following transactions connected with the business of the LLC, subject to the terms of any other agreement among the Members: The LLC shall pay its own general administrative and operating expenses. It shall reimburse the Manager for any expenses incurred by the Manager that are properly considered ordinary and reasonable business expenses of the LLC, including without limiting the generality of the foregoing, stationery, office supplies, postage, accounting and legal fees related to the LLC’s business, notary, document preparation fees and escrow fees payable by the lender, and other ordinary and reasonable business expenses.
Specific Transactions. Provided no default has occurred and is continuing under this Lease, upon ten (10) business days prior written notice to Landlord (which notice shall also include detailed information as to the net worth immediately prior to such assignment of both the proposed assignee or successor entity and the Tenant), Tenant may, without Landlord's prior written consent, assign this Lease to an entity into which Tenant is merged or consolidated or to an entity to which substantially all of Tenant's assets are transferred, provided the assignee or successor entity (a "Related Assignee") has a net worth at least equal to the net worth of Tenant immediately prior to such merger, consolidation or transfer. The rights of Tenant set forth in Sections 34, 35, 36 and 38 below shall inure to the benefit of a Related Assignee. Landlord may withhold its consent to an assignment or sublease if Tenant is in default under the Lease, or if the proposed assignee or subtenant is a tenant in the Project or an affiliate of such a tenant. In the case of a proposed sublease where such sublease will not cause the aggregate subleased rentable square footage to exceed 22,707 rentable square feet, Landlord may otherwise withhold its consent only on the basis of the character of the proposed subtenant or the use which the proposed subtenant intends to make of the Premises, in all other cases, Landlord may withhold consent in its sole discretion.
Specific Transactions. 7.1 To the extent contemplated by the Prospectus and subject to this Agreement, the Investment Manager may:
(A) effect transactions in Investments the prices of which may be stabilised;
(B) arrange or effect transactions in futures and/or contracts for differences and/or in options thereon, and/or transactions in options other than options on futures or contracts for differences. The Investment Manager may debit the Portfolio with any sums required to pay or supplement any deposit or margin in support of any such transaction. The investment Manager may exercise its discretion in managing the Portfolio to settle or close out outstanding obligations without reference to the Fund or the Master Fund;
(C) arrange or effect transactions in Investments which are not readily realisable Investments.
Specific Transactions. Seller shall, unless otherwise consented to by Buyer, which consent shall not be unreasonably withheld:
(a) refrain from making any material change in any of its existing contracts or commitments pertaining to the Business, except as such changes occur in the ordinary course of business;
(b) except as otherwise directed by Buyer in writing and without making any commitment on Buyer’s behalf, keep available the services of its officers, employees and agents and maintain its relations and goodwill with suppliers, customers, employees, agents and others having business relationships with the Business with such obligation ending as of the Closing Date;
(c) refrain from subjecting any of the Purchased Assets, to any lien, encumbrance, security interest or other claim of any kind other than encumbrances described in Schedule 4.06;
(d) refrain from selling, assigning, transferring or otherwise disposing of any of the Purchased Assets, except for sales of inventory in the ordinary course of business;
(e) refrain from modifying, amending, altering or terminating (whether by written or oral agreement, or any manner of action or inaction) any of the Customer Contracts, or entering into any arrangement related to the Customer Contracts or parties thereunder which is outside of the ordinary course of business with such obligation ending as of the Closing Date; and
(f) materially comply with all Legal Requirements and contractual obligations applicable to the operations of the Business with such obligation ending as of the Closing Date.
Specific Transactions. The Managing Director may, from time to time, specify that Directors or Key Management Personnel (or particular Directors and members of the Key Management Personnel) are restricted from dealing in the securities of other companies which Traffic Technologies or its subsidiaries may have a close relationship with, such as companies involved in material commercial discussions with Traffic Technologies or one of its subsidiaries.