Continuing Control definition

Continuing Control means use, management, and disposal of a Capital Asset.
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Continuing Control means use, management, and disposal of a Capital Item.
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Examples of Continuing Control in a sentence

  • Satisfactory Continuing Control means the legal assurance that a capital asset will remain available to be used for its originally authorized purpose throughout its useful life or until disposition.

  • TriMet Under this Agreement, TriMet has the right to use City right of way as required by the Continuing Control requirements of 49 USC 5307(c)(1)(B).

  • City shall ensure Satisfactory Continuing Control of capital assets purchased in whole or part under this Agreement while the capital assets are being used for public transportation purposes.

  • It is pursuant to the FTA’s policies regarding Continuing Control that this lease was submitted to the FTA and SEPTA received FTA approval on .

  • Satisfactory Continuing Control means the legal assurance that a capital asset will remain available to be used for its originally-authorized purpose throughout its useful life or until disposition.

  • By execution of this Agreement, the Parties agree to negotiate in good faith the terms and conditions of all other agreements that may be reasonably required or desired to design, construct, and maintain the Project, which may include, without limitation, procedures for reviewing plans, material change orders, material changes in Project Scope, right-of-way acquisition, permitting, project close-out, maintenance and Continuing Control.

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  • City shall ensure Satisfactory Continuing Control of capital assets purchased or leased in whole or part under this Agreement while the capital assets are being used for public transportation purposes.

  • The parties agree that nothing in this Agreement shall be construed to limit or negate the common law of torts, confidentiality, trade secrets, fiduciary duty and obligations where such laws provide the Bank with any broader, further or other remedy or protection than those provided herein.

  • Until the Discharge of Secured Obligations, promptly after receipt by the Collateral Agent of a Notice of Default from any Security Agent, the Collateral Agent shall (a) deliver a copy of such Notice of Default to each other Security Agent, (b) deliver to the Continuing Intermediary a Notice of Exclusive Control under and as defined in the Continuing Control Agreement, and (c) in the event the Temporary Control Agreement is in effect at the time, a Notice of Exclusive Control under and as defined therein.

Related to Continuing Control

  • Continuing Contract means a contract for Professional Services entered into in accordance with Section 287.055 of the Florida Statutes, between the District and a firm, whereby the firm provides Professional Services to the District for projects in which the costs do not exceed two million dollars ($2,000,000), for a study activity when the fee for such Professional Services to the District does not exceed two hundred thousand dollars ($200,000), or for work of a specified nature as outlined in the contract with the District, with no time limitation except that the contract must provide a termination clause (for example, a contract for general District engineering services). Firms providing Professional Services under Continuing Contracts shall not be required to bid against one another.

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Effective Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Voting Control means, with respect to a share of Class B Common Stock, the power (whether exclusive or shared) to vote or direct the voting of such share by proxy, voting agreement or otherwise.

  • Continuing care contract means, as stated in RCW 70.38.025, a contract providing a person, for the duration of that person's life or for a term in excess of one year, shelter along with nursing, medical, health-related, or personal care services, which is conditioned upon the transfer of property, the payment of an entrance fee to the provider of such ser- vices, or the payment of periodic charges for the care and ser- vices involved. A continuing care contract is not excluded from this definition because the contract is mutually termina- ble or because shelter and services are not provided at the same location.

  • Continuing Obligations means obligations or responsibilities that are reasonably expected to or actually continue or arise after Operations on a particular area of the Properties have ceased or are suspended, such as future monitoring, stabilization, or Environmental Compliance.