Use and dealings Sample Clauses

Use and dealings. (a) During the Agreement Period, the Recipient must use any Asset only for the purposes of the Project, or other purposes consistent with the Outcomes.
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Use and dealings. (a) During the Agreement Period, the Recipient must use any Asset only for the purposes of the Activity, or other purposes consistent with the Outcomes approved by DFAT.
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Use and dealings. During the Agreement Period, the Recipient must use any Asset only for the purposes of the Activity, or other purposes consistent with the Outcomes approved by DFAT. During the Agreement Period, the Recipient must: obtain good title to all Assets (other than Assets which the Recipient leases); hold all Assets securely and safeguard them against Fraud, theft, loss, damage, or unauthorised use; maintain all Assets in good working order; maintain all appropriate insurances in respect of any Assets; if required by Law, maintain registration and licensing of all Assets; be fully responsible for, and bear all risks relating to, the use or disposal of all Assets; and maintain an Asset Register containing the details as described in Clause 13.3 (Asset Register) and provide a copy of the Assets Register to DFAT on request. The Recipient must reconcile the Asset Register with the Assets annually and include the results of that reconciliation in the annual report to be provided to DFAT set out in Clause 15.3 (Annual Reports). The Asset Register and other relevant documents such as import papers and manufacturers' warranties relating to the Assets must be available for audit or review as required by DFAT. Sale or disposal The Recipient must not: dispose (including any write-offs) of Assets unless: the disposal is conducted on an arms-length basis; and any conflicts of interest relevant to the disposal are disclosed to DFAT pursuant to Clause 26 (Conflict of Interest). If the Recipient sells or otherwise disposes of an Asset during the Agreement Period, the proceeds of any sale or disposal of the Assets forms part of the Funds. If the Recipient sells or otherwise disposes of an Asset during the Agreement Period, DFAT is entitled, at its discretion, to recover from the Recipient: the value of the Asset obtained from the sale or disposal of the Asset; or the market value of the Asset.
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Use and dealings. During the Agreement Period, the Recipient must use any Asset only for the purposes of the Project, or other purposes consistent with the Outcomes. During the Agreement Period, the Recipient must: obtain good title to all Assets (other than Assets which the Recipient leases); not encumber or dispose of any Asset without ARENA's prior approval; hold all Assets securely and safeguard them against theft, loss, damage, or unauthorised use; maintain all Assets in good working order; maintain all appropriate insurances in respect of any Assets; if required by Law, maintain registration and licensing of all Assets; be fully responsible for, and bear all risks relating to, the use or disposal of all Assets; and if specified in item 15 of Schedule 1, maintain an Assets register containing the details as described in item 15 of Schedule 1 and provide a copy of the register to ARENA on request. Sale or disposal If the Recipient sells or otherwise disposes of an Asset during the Agreement Period, ARENA, at its discretion: is entitled to recover from the Recipient the proportion of the value of the Asset following Depreciation calculated as at the date of sale or disposal which is equivalent to the proportion of the purchase price of the Asset that was funded from the Funds; or is entitled to recover from the Recipient the proportion of the market value of the Asset which is equivalent to the proportion of the purchase price of the Asset that was funded from the Funds.
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Use and dealings. During the Agreement Period, the Recipient must use any Asset only for the purposes of the Activities, or other purposes consistent with the Outcomes. During the Agreement Period, the Recipient must: not encumber, dispose or deal with any Asset valued at $50,000 (excluding GST) or above other than in accordance with this clause 15, without the Department's prior approval; hold all Assets securely and safeguard them against theft, loss, damage, or unauthorised use and ensure they are adequately insured as described in clause 19; maintain all Assets in good working order; and be fully responsible for, and bear all risks relating to, the use or disposal of all Assets. Intellectual Property Rights
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Use and dealings. (a) Subject to the approval of the Commonwealth, the Recipient can use the Funds in whole or in part to purchase an Asset.
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Use and dealings. (a) During the Agreement, the Recipient (or other Group entities) must use an Asset in accordance with this Agreement, for the purposes of the Project, and for purposes consistent with the Deliverables.
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Use and dealings. (a) During the Term, the Grantee must use any Asset only for the purposes of the Project, or other purposes consistent with the Objectives
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Related to Use and dealings

  • Routine Dealings The Custodian will, in general, attend to all routine and mechanical matters in accordance with industry standards in connection with the sale, exchange, substitution, purchase, transfer, or other dealings with Securities or other property of each Fund except as may be otherwise provided in this Agreement or directed from time to time by Instructions from any particular Fund. The Custodian may also make payments to itself or others from the Assets for disbursements and out-of-pocket expenses incidental to handling Securities or other similar items relating to its duties under this Agreement, provided that all such payments shall be accounted for to the appropriate Fund.

  • Exclusive Dealings For so long as this Agreement remains in ------------------ effect, neither Seller nor any person acting on Seller's behalf shall, directly or indirectly, solicit or initiate any offer from, or conduct any negotiations with, any person or entity concerning the acquisition of all or any interest in any of the Purchased Assets or the Stations, other than Buyer or Buyer's permitted assignees.

  • Other Dealings The Custodian shall otherwise act as directed by Instruction, including without limitation effecting the free payments of moneys or the free delivery of securities, provided that such Instruction shall indicate the purpose of such payment or delivery and that the Custodian shall record the party to whom the payment or delivery is made.

  • Exclusive Dealing (a) From and after the Agreement Date until the Closing or the earlier termination of this Agreement in accordance with Article 11 (the “Pre-Closing Period”), the Seller Guarantors, the Sellers, NewCo and the Company shall not, and shall cause their respective Affiliates and Representatives not to, directly or indirectly, (i) solicit, initiate, seek, entertain, knowingly encourage, knowingly facilitate, support or induce the making, submission or announcement of any inquiry, expression of interest, proposal or offer that constitutes, or would reasonably be expected to lead to, an Acquisition Proposal, (ii) enter into, participate in, maintain or continue any communications (except solely to provide written notice as to the existence of these provisions) or negotiations regarding, or deliver or make available to any Person any non-public information with respect to, or take any other action regarding, any inquiry, expression of interest, proposal or offer that constitutes, or would reasonably be expected to lead to, an Acquisition Proposal, (iii) agree to, accept, approve, endorse or recommend any Acquisition Proposal, (iv) enter into any letter of intent or any other Contract contemplating or otherwise relating to any Acquisition Proposal or (v) submit any Acquisition Proposal to the vote of any Company Shareholder. The Seller Guarantors and the Sellers shall, and shall cause NewCo, the Company, their respective Affiliates and each of their respective Representatives to, promptly following the date hereof and during the Pre-Closing Period, immediately cease and cause to be terminated any and all existing activities, discussions or negotiations with any Persons conducted prior to or on the date of this Agreement with respect to any Acquisition Proposal. If any Representative or Affiliate of any Seller Guarantor, any Seller or the Company, whether in his or her capacity as such or in any other capacity, takes any action that the Seller Guarantors or the Sellers are obligated pursuant to this Section 6.1 to cause such Representative or Affiliate not to take, then the Seller Guarantors and the Sellers shall be deemed for all purposes of this Agreement to have breached this Section 6.1.

  • Good Faith and Fair Dealing The Parties agree to act in accordance with the principles of good faith and fair dealing in the performance of the Agreement.

  • Nonexclusive Dealings This Agreement does not prevent either Party from providing or purchasing services to or from any other person nor, except as provided in Section 252(i) of the Act, does it obligate either Party to provide or purchase any services (except insofar as the Parties are obligated to provide access to Interconnection, services and Network Elements to <<customer_name>> as a requesting carrier under the Act).

  • Dealings NCPS and any stockholder, director, officer or employee of NCPS may buy, sell, and deal in any of the securities of the Issuer and become pecuniary interested in any transaction in which the Issuer may be interested, and contract and lend money to the Issuer and otherwise act as fully and freely as though it were not NCPS under this Escrow Agreement. Nothing herein shall preclude NCPS from acting in any other capacity for the Issuer or any other entity.

  • Self-Dealing Unless entered into in bad faith, no contract or transaction between the Company and one or more of its Members, officers, or employees, or between the Company and any other entity or organization in which one or more of its Members, officers, or employees have a financial interest or are owners, managers, partners, directors, officers, or employees, shall be voidable solely for this reason or solely because such Member, officer, or employee was present or participated in the authorization of such contract or transaction. No Member, officer, or employee interested in such contract or transaction, because of such interest, shall be considered to be in breach of this Agreement or liable to the Company or any other Person for any loss or expense incurred by reason of such contract or transaction or shall be accountable for any gain or profit realized from such contract or transaction. While not required, approval or ratification by a majority of the Members having no interest in the transaction constitutes conclusive evidence that such transaction is permitted under this section.

  • Course of Dealing No course of dealing, nor any failure to exercise, nor any delay in exercising any right, power or privilege hereunder shall operate as a waiver thereof.

  • Trustee Dealings with Company The Trustee, in its individual or any other capacity, may make loans to, accept deposits from, and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were not the Trustee.

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