Standard of Operation Sample Clauses

Standard of Operation. Subject to Section 3.6 and the terms of the Senior Loan Documents, the Company shall operate or cause to be operated the Properties at all times in a manner consistent with at least the standard of operation of the Properties as of the Effective Date (or, if greater, in accordance with the terms of the applicable franchise license agreements entered into by any Subsidiary).
Standard of Operation. Except as otherwise consented to by the Buyer, the Seller will ensure that the location, design, engineering, construction, Interconnection, commissioning, operation and maintenance of the Seller’s Plant are and will be carried out at all times during the Term:‌
Standard of Operation. 24 4.7 Resident Agreements and Service Licenses............................................26 4.8 Standards, Not Control..............................................................26 4.9 Survival............................................................................26
Standard of Operation. Manager shall operate and manage the Parking Facility at the highest level of the following three standards, on an activity-by activity basis:
Standard of Operation. Manager shall enforce parking regulations within the City of Durham in compliance with City Code or City ordinance and manage a limited resource by creating turnover of public parking spaces. Manager will comply with the scope of services set forth in Exhibit B. The Manager shall maintain and manage traffic within residential areas designated by the City as Controlled Parking Residential Areas as shown on Exhibit D, including, but not limited to those areas near North Carolina Central University and Duke University discouraging non-residents from utilizing parking on residential streets during hours of enforcement..
Standard of Operation. Provider shall design, obtain permits, install, operate, and maintain the Project so as to keep it in good condition and repair, in compliance with all Applicable Laws and in accordance with the generally accepted practices of the electric industry, in general, and the solar generation industry, in particular. Provider shall provide the Director of Public Buildings an anticipated schedule of regular routine testing and maintenance. Such work shall be at Provider’s sole expense. Except for emergency situations or unplanned outages, Provider shall cause the work to be performed between the hours of 7:00 am and 7:00 pm Monday through Friday, and 8:30 am to 6:00 pm on Saturdays, in a manner that minimizes interference with Host / Site Access Manager, and their employees, visitors, students, tenants and licensees and their customers to the extent commercially practical. Provider shall ensure all contractors comply with the Town’s Noise By-Law. Provider shall, and shall cause its contractors to, keep the Site clear of debris, waste material and rubbish, and to comply with reasonable safety procedures established by the Director of Public Buildings for conduct of business on the Site.
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Standard of Operation. Except when a higher standard is required by this Contract, each of Buyer and Seller shall act to a standard that is equal to or higher than that of a reasonable and prudent operator and in accordance with good international industry standards relevant to their respective industries.
Standard of Operation. Throughout the Term of this Lease, Tenant shall continuously operate (except during a Force Majeure Event) the Business and the Leased Property in full compliance with the terms hereof in a manner consistent with the level of operation maintained as of the Effective Date, as may be improved from time to time, including, without limitation, the following:
Standard of Operation. From the date hereof until the Closing, the Sellers shall (a) cause Owner and VCR to maintain the Property (other than the portions thereof which are Tenants' responsibility to maintain under Leases) in the same manner and condition that exists on the date hereof, as such condition shall be altered by reason of Casualty, Taking and/or normal wear and tear (provided, that in all events the Sellers shall not be obligated to cause Owner or VCR to make any capital improvements, repairs or replacements to the Property); (b) cause Owner to pay its debts (or in good faith contest the same) as they become due; (c) without the express written consent of Purchaser, not permit Owner or VCR to (i) materially modify any Lease, (ii) enter into any new Lease or extend or renew an existing Lease, except for new Leases or Leases renewals or extensions set forth in the list of pending lease transactions contained in Exhibit O attached hereto and made a part hereof (it being understood and agreed that the terms of any such new Lease or Lease renewal or extension shall be deemed to comply with said Exhibit O if the fixed rent provided for in the new Lease or Lease renewal or extension is not less than the fixed rent provided therefor in Exhibit O and all other material terms of such new Lease or Lease renewal or extension are substantially as provided for, or more favorable to Owner than, those set forth in Exhibit O) (other than renewals or extensions resulting from the exercise by a Tenant of a currently existing renewal or extension option), (iii) cancel or terminate any Lease or take any action to enforce any Lease which would have the effect of canceling or terminating the same, or waive payment of any post-Closing rent or performance by any Tenant of any post-Closing material covenant in its Lease, (iv) amend or modify, consent to the assignment of or waive any material right under the REA, (v) with the exception of Tenant alterations, make any material alterations to the Property or enter into any new contracts, or extend or renew or cancel any Other Agreement, relating to material capital expenditures, (vi) enter into any other new contracts or extend, renew or cancel any of the Other Agreements, except for contracts executed in the ordinary and usual course and business and in accordance with past practices and policies which can be terminated without penalty or payment upon not more than sixty (60) days prior notice, (vii) enter into any material agreement the effec...
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