NMIP definition
Examples of NMIP in a sentence
If, at any time during the Put Option Period, PNC NMIP elects to sell its Membership Interest pursuant to the provisions of this Section 1, it shall give the Purchaser written notice of such election (the “Put Notice”).
Notwithstanding the purchase by the Purchaser of the Membership Interest pursuant to Section 1 or Section 2 above, to the extent permitted under the applicable provisions of the Code, PNC NMIP shall be allocated any Profits, Losses and Credits in respect of the Membership Interest for the period prior to the date of transfer of the Membership Interest.
Purchaser shall not be liable for any obligation incurred or caused solely by the actions or inactions of PNC NMIP or its Affiliates for the period prior to the date of transfer of the Membership Interest.
The funds used to make any payment required hereunder (or any other payments to PNC NMIP) will not be derived from any unlawful activity.
The Purchaser and PNC NMIP each waive any objection to venue and any objection based on a more convenient forum in any action instituted under this Agreement.
In 2006, a United States National and Homeland Security Directive established the Nuclear Materials Information Program (NMIP), assigned to the Department of Energy (DOE).
Each of PNC NMIP and the Purchaser hereby irrevocably consent to the exclusive jurisdiction of any state or federal court in the county or judicial district in the State of Kansas; provided that nothing contained in this Agreement will prevent PNC NMIP from bringing any action, enforcing any award or judgment or exercising any rights against the Purchaser individually, against any security or against any property of the Purchaser within any other county, state or other foreign or domestic jurisdiction.
Purchaser (and any assignee of Purchaser’s rights hereunder) shall promptly notify PNC NMIP in writing upon the occurrence of a Reportable Compliance Event.
The primary objective of the NMIP Materials portfolio is for robust technical nuclear forensics analysis to support the national attribution capability.1 Figure 1 shows the cornerstones of the NMIP Materials portfolio, including the U.S. National Nuclear Forensics Library (NNFL) (data gathered on items of forensic interest), an “Archive” of items that represent com- ponents of the nuclear fuel cycle and pro- duction programs, and sponsorship of data gathering and sample analysis.
At the written request of PNC NMIP, at any time and from time to time, at the Purchaser’s sole cost and expense, the Purchaser shall promptly take such action and execute and deliver such financing statements and further instruments and documents as PNC NMIP may reasonably request in order to more fully perfect, evidence or effectuate the provisions of this Agreement and to enable PNC NMIP to exercise, enforce and protect its rights and remedies hereunder.