US Operations Sample Clauses

US Operations. (i) Neither the Corporation nor any of its Subsidiaries nor any director, officer, employee or any agent or other person acting on behalf of the Corporation or any Subsidiary in such capacity (collectively, “Covered Persons”) nor, to the Corporation’s knowledge after reasonable inquiry, any entity in which the Corporation directly or indirectly has an interest, has cultivated, produced, processed, imported, exported, sold or distributed any cannabis (with the exception of hemp or hemp-derivatives) or has otherwise engaged in, or targeted or derived (or reasonably expects to derive) revenues or funds from, any direct or indirect dealings or transactions with respect to the foregoing activities in or to any jurisdiction where such activity is, or at the relevant time was, illegal (including the United States). In addition, no Covered Person has any current intention to engage in any of the foregoing. Neither the Corporation nor any of its Subsidiaries has operated in or exported any cannabis to any jurisdiction except as publicly disclosed and in compliance with applicable laws of each of the jurisdictions of import, export and transshipment. The Corporation and its Subsidiaries have instituted and maintained policies and procedures reasonably designed to ensure that the Corporation and its Subsidiaries do not carry on any activities in, or distribute any products to, any jurisdiction where such activities or products are not fully in compliance with applicable laws, and that the Corporation and its Subsidiaries do not maintain investments in any entity that carries on any activities in, or distributes any products to, any jurisdiction where such activities or products are not fully in compliance with applicable laws.
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US Operations. The Obligors shall procure that, if a Vessel undertakes a US Operation, it shall:
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US Operations. The Company and its Subsidiaries (i) do not own any physical assets in the United States, (ii) do not manufacture goods within the United States, and (ii) do not have any material Contracts with the United States Government.
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US Operations. 9.11.1 The Company does not currently conduct, and shall not conduct in the future, without the prior written consent of each of the Investors, any business operations in the United States of America, and does not currently serve and shall not serve in the future, without the prior written consent of each of the Investors, customers, directly or indirectly, in the United States of America. The Company shall not conduct any material investments in or expansion into operations that are not financial in nature, without the prior written consent of each of the Investors. The Company shall not operate or have business associations in countries that are the subject of economic sanctions administered or enforced by the United States Department of Foreign Assets Control ("OFAC"), the United Nations Security Council, the European Union or Her Majesty’s Treasury (collectively, "Sanctions").
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US Operations. Parent acknowledges and agrees that it intends to maintain a substantial presence in the United States to support research, development, production and customer requirements for the Company's lithography division.
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US Operations. The Corporation will only engage in marijuana-related activities in those U.S. states where such activity has been authorized within the state licensing and regulatory framework and will conduct all activities in compliance with the current laws and regulations of such U.S. state. The Corporation has or will implement the necessary procedures and protocols to ensure that a program for monitoring compliance with U.S. state law is in place and ongoing.
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US Operations. The Corporation (A) does not and will not invest or engage (directly or indirectly) in any business or activity that is focused on serving the medical or non- medical marijuana market in any state of the United States unless and until such time as those businesses or activities are legal under applicable state laws in the United States;
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US Operations. (a) As of the date of the Closing, none of the Acquired Entities: (i) owns or operates facilities that are located in any State in the United States and that are used for the generation, transmission, or distribution of electric energy for sale or the distribution at retail of natural or manufactured gas for heat, light, or power; or (ii) derives any part of its income, directly or indirectly, from the generation, transmission, or distribution of electric energy for sale or the distribution at retail of natural or manufactured gas for heat, light, or power, within the United States.
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Related to US Operations

  • Interim Operations The Company covenants and agrees as to itself and its Subsidiaries that, after the date hereof and prior to the Effective Time (unless Parent shall otherwise approve in writing and except as otherwise expressly contemplated by this Agreement):

  • Ongoing Operations From the Effective Date through Closing:

  • Business Operations Company will provide all necessary equipment, personnel and other appurtenances necessary to conduct its operations. Company will conduct its business operations hereunder in a lawful, orderly and proper manner, considering the nature of such operations, so as not to unreasonably annoy, disturb, endanger or be offensive to others on the Airport. Company will provide all services under this Agreement on a fair and reasonable basis to all users of the Airport. Service will be prompt, courteous and efficient.

  • Continuous Operations Any employee or group of employees engaged in an operation for which there is regularly scheduled employment on a twenty-four (24) hour a day, seven (7) day a week basis shall be known as continuous operations employees.

  • CONTINUITY OF OPERATIONS (1) Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Commencement of Operations The Partnership shall not begin operations on its Leases unless the Managing General Partner is satisfied that necessary title requirements have been satisfied.

  • Maintenance of Operations The Company shall maintain operations at the Project for a minimum of ten (10) years beginning on the date the Project is Placed in Service. In addition to any other rights the Department may have under the terms of this Agreement, in the event that the Company discontinues of operations at the Project, such discontinuation may subject the Company to certain statutory provisions, including:

  • Statement of Operations d. Statement of Changes in Net Assets.

  • Operations As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations other than organizational activities and activities in connection with offerings of its securities.

  • Co-operation 1. The Parties shall take all appropriate and necessary measures to ensure fulfilment of the obligations and objectives arising out of this programme agreement.

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