Examples of New Line of Business in a sentence
That, from December 17, 1987 through December 31, 1997, each of Hallwood Energy Partners, L.P., a Delaware limited partnership and EDP, as such entities existed prior to their merger in 1990, and the Partnership for all times thereafter, did not and will not add any Substantial New Line of Business.
Chordiant may from time to time during the Term and the Termination Assistance Period request that Supplier perform services under a New Line of Business.
Supplier’s charges and fees specified in any New Line of Business Proposal shall be no more than the charges and fees Chordiant is paying at that time for the Services Supplier is providing under this Agreement.
Discontinued Operation & Commencement of New Line of Business activities a.
In the event Chordiant contracts with a third party, which is not a direct competitor of Supplier’s, to perform any services under a New Line of Business, Supplier shall cooperate in good faith with Chordiant and any such third party with respect to the provision or receipt of such service, including as specified in Section 4.5.
Any increase in the EDC Personnel in accordance with this section shall be in Chordiant’s sole discretion and shall not be considered a New Line of Business.
The charges and fees for services under a New Line of Business shall take into account resources and expenses of Supplier for then-existing Services that would no longer be required if the services thereunder were performed by Supplier.
Nothing in this Agreement shall be construed as a requirements contract, and notwithstanding anything to the contrary contained herein, this Agreement shall not be interpreted to prevent Chordiant from obtaining from third parties, or providing to itself, any of the Services described in this Agreement (whether Base Services, services under a New Line of Business, or otherwise) or services similar thereto.
Among the characteristics that could indicate a prohibited arrangement, as described in the Advisory Bulletin, are the following: New Line of Business.
The security interest granted by this Agreement secures the reimbursement for certain payments made by the Pledgee in connection with the Sakhalin Project pursuant to the Sakhalin Agreement dated August 12, 1997, as subsequently may be amended from time to time (hereinafter the "Obligations") in the event that the Pledgee does not receive approval from a majority of the shareholders of the Company ("Shareholder Approval") to enter into the New Line of Business at a Special Meeting of Shareholders.