Commercial Relations Sample Clauses

Commercial Relations. CHAPTER 1.
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Commercial Relations. ARTICLE 261 . The capitulatory regime resulting from treaties, conventions or usage shall be re-established in favour of the Allied Powers which directly or indirectly enjoyed the benefit thereof before August 1, 1914, and shall be extended to the Allied Powers which did not enjoy the benefit thereof on that date.
Commercial Relations. Though the economic and commercial cooperation at the moment is small, there exists significant scope for enhancing cooperation in this field. Presently, Seychelles’ main items of import from India are rice, miscellaneous food products, cement, linen, cotton, vehicles and associated transport equipments, medicines, instruments and appliances for medical, surgical & dental use. The total imports from India in 2014 was US$ 43.80 million (approx.), while total exports to India in 2014 was only US$ 0.023 million (approx.). Among Indian companies present in Seychelles, Bank of Baroda has been maintaining a successful overseas branch in Victoria since 1978 and is doing a profitable business. A major private investment from an Indian company has been that of M/s. Bharti Airtel Telecom group, which has invested over US$25 million and set up the Airtel mobile telephone and internet services in Seychelles since 1998. TATA has so far supplied (Jan 2014) most of the fleet of buses for Seychelles to ply between its capital city Victoria and other regions of Mahé Island. In pursuance of an MoU signed in September 2014, Air Seychelles launched thrice-weekly direct flights between Mahé and Mumbai on 2 December 2014 (frequency increased to four flights a week in April 2015). The direct air connectivity is expected to boost bilateral trade and investment, flow of tourist traffic and people-to-people contact.
Commercial Relations. ONGC of India - Videsh Ltd. (OVL) made an investment of about US$ 2.5 billion (spread over Sudan and South Sudan) in the hydrocarbon sector since 2003. It has 25% Participating Interest (PI) in Greater Pioneer Operating Company Ltd. (GPOC) [Block 1, 2 and 4] in consortium with CNPC of China, Petronas of Malaysia and Sudapet of Sudan. ONGC also has 24.125% PI in Block 5A in the consortium of Sudd Petroleum Operating Company (SPOC) with PETRONAS and Sudapet. Production of crude oil was disrupted since 2013 due to outbreak of civil war in the country. Upon signing of Revitalized Peace Agreement between the Government and opposition rebels in September 2018, the oil production has been revived at a minimal level. It is presumed the pre-war level of 3,20,000 pbd production could be achieved by early 2020. India's trade with South Sudan is very sparse. The main items of Indian imports from South Sudan are oil and timber and India's exports mainly comprise of consumer and household goods, food items, pharmaceuticals, two and three wheelers. As Indian trade is mainly through third countries (Uganda, Kenya, UAE), precise data is not available. South Sudan's estimated global imports in 2016 (up to which data is available) were US$ 348 Million and exports approximately US$ 1.3 billion, with China, Uganda and Kenya being the major trading partners. Indian trade with South Sudan from 2016 to 2018 as below: 2016-17: Import = 0.18 million; Export = 3.24 million 2017-18: Import = 7.56 million; Export = 3.54 million 2018-19: Import = 89.97 million; Export = 10.53 million Some Indian companies are operating in the area of construction, borehole drilling, printing, trading and services to the oil industry. Indians also run small hotels and supermarkets in Juba. They are mostly concentrated in Juba, the capital city.
Commercial Relations. Except as disclosed in Schedule 2.16, no Group Companies have been informed as of the date hereof that any customer or supplier of any Group Company has decided or intends to cease, reduce or otherwise adversely modify, whether immediately or in the future, its commercial relationship with any Group Company for any reason, including as a result of the Transaction.
Commercial Relations. (a) Schedule 11.17(a) (List of Commercial Agreements) provides a true and complete list of (i) all agreements executed during each of the years ended December 31, 2012, 2013 and 2014, whether in writing or oral, explicit or implicit, between the Group Companies, on the one hand, and their suppliers or distributors, on the other hand whereby the suppliers or distributors received annual revenues exceeding €50,000 (fifty thousand euros) for any given year and (ii) all agreements executed during each of the years ended December 31, 2012, 2013 and 2014, whether in writing or oral, explicit or implicit, between the Group Companies and their customers whereby the Group Companies received revenues exceeding €100,000 (one hundred thousand euros) for any given year.
Commercial Relations. 12.1 Company shall forward to Millennium Biotechnologies any inquiries and possible opportunities that it may receive for sales of the Product in the Territory for the Medical Market. Similarly, Millennium Biotechnologies shall forward to Company any inquiries and possible opportunities that it may receive for sales of the Product other than in the Territory for the Medical Market.
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Commercial Relations. 9.16.1. There are no agreements that may oblige any Group Company, whether immediately or in the future, to accept imposed purchase prices or any restrictions whatsoever on their freedom to do business.
Commercial Relations. (a) Except as disclosed in Exhibit 6.16(a)(i) all sales to customers and all supply agreements concluded by any of the Companies within the past five (5) years have been concluded without an explicit waiver by such Company of its relevant general terms and conditions. Complete and accurate copies of the general terms and conditions of all Companies are attached as Exhibit 6.16(a)(ii). None of the Companies is party to any agreements which oblige it in the future to accept unilaterally imposed purchase prices.

Related to Commercial Relations

  • Normal Commercial Relations Anything contained in this Trust Indenture to the contrary notwithstanding, the Owner Trustee, the Indenture Trustee, any Participant or any bank or other Affiliate of such Participant may conduct any banking or other financial transactions, and have banking or other commercial relationships, with Lessee, fully to the same extent as if this Trust Indenture were not in effect, including without limitation the making of loans or other extensions of credit to Lessee for any purpose whatsoever, whether related to any of the transactions contemplated hereby or otherwise.

  • Commercial Relationship The Employee expressly acknowledges that the Employee’s participation in the Program and the Company’s grant of the Award does not constitute an employment relationship between the Employee and the Company. The Employee has been granted the Award as a consequence of the commercial relationship between the Company and the Company’s Subsidiary in Mexico that employs the Employee, and the Company’s Subsidiary in Mexico is the Employee’s sole employer. Based on the foregoing: (a) the Employee expressly acknowledges that the Program and the benefits derived from participation in the Program do not establish any rights between the Employee and the Subsidiary in Mexico that employs the Employee; (b) the Program and the benefits derived from participation in the Program are not part of the employment conditions and/or benefits provided by the Subsidiary in Mexico that employs the Employee; and (c) any modifications or amendments of the Program or benefits granted thereunder by the Company, or a termination of the Program by the Company, shall not constitute a change or impairment of the terms and conditions of the Employee’s employment with the Subsidiary in Mexico.

  • Employment Relations The Company is in compliance with all Federal, state or other applicable laws, domestic or foreign, respecting employment and employment practices, terms and conditions of employment and wages and hours, and has not and is not engaged in any unfair labor practice.

  • Material Relationships No relationship, direct or indirect, exists between or among the Company on the one hand, and the directors, officers, security holders of the Company, the Operating Partnership, or their respective affiliates, on the other hand, which is required to be described in the Prospectus and which is not so described.

  • Banking Relations Set forth in EXHIBIT 2.26 is a complete and accurate list of all arrangements that Company has with any bank or other financial institution, indicating with respect to each relationship the type of arrangement maintained (such as checking account, borrowing arrangements, safe deposit box, etc.) and the person or persons authorized in respect thereof.

  • General Relationship Executive shall be considered an employee of the Company within the meaning of all federal, state and local laws and regulations including, but not limited to, laws and regulations governing unemployment insurance, workers’ compensation, industrial accident, labor and taxes.

  • REGULATORY ADMINISTRATION SERVICES BNY Mellon shall provide the following regulatory administration services for each Fund and Series:  Assist the Fund in responding to SEC examination requests by providing requested documents in the possession of BNY Mellon that are on the SEC examination request list and by making employees responsible for providing services available to regulatory authorities having jurisdiction over the performance of such services as may be required or reasonably requested by such regulatory authorities;  Assist with and/or coordinate such other filings, notices and regulatory matters and other due diligence requests or requests for proposal on such terms and conditions as BNY Mellon and the applicable Fund on behalf of itself and its Series may mutually agree upon in writing from time to time; and

  • Banking Relationships Schedule 3.22 shows the names and locations of all banks, trust companies and other financial institutions in which the Company has accounts, lines of credit or safety deposit boxes and, with respect to each account, line of credit or safety deposit box, the names of all Persons authorized to draw thereon or to have access thereto.

  • Other Relationships Any Agent and any other person, whether or not acting for itself, may acquire, hold or dispose of any Note, Coupon, Talon or other security (or any interest therein) of the Issuer or any other person, may enter into or be interested in any contract or transaction with any such person, and may act on, or as depositary, trustee or agent for, any committee or body of holders of securities of any such person, in each case with the same rights as it would have had if that Agent were not an Agent and need not account for any profit.

  • Employment and Labor Relations Neither the Borrower nor any of its Subsidiaries is engaged in any unfair labor practice that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. There is (i) no unfair labor practice complaint pending against the Borrower or any of its Subsidiaries or, to the knowledge of the Borrower, threatened against any of them, before the National Labor Relations Board, and no grievance or arbitration proceeding arising out of or under any collective bargaining agreement is so pending against the Borrower or any of its Subsidiaries or, to the knowledge of the Borrower, threatened against any of them, (ii) no strike, labor dispute, slowdown or stoppage pending against the Borrower or any of its Subsidiaries or, to the knowledge of the Borrower, threatened against the Borrower or any of its Subsidiaries, (iii) no union representation question exists with respect to the employees of the Borrower or any of its Subsidiaries, (iv) no equal employment opportunity charges or other claims of employment discrimination are pending or, to the Borrower’s knowledge, threatened against the Borrower or any of its Subsidiaries, and (v) no wage and hour department investigation has been made of the Borrower or any of its Subsidiaries, except (with respect to any matter specified in clauses (i) through (v) above, either individually or in the aggregate) such as could not reasonably be expected to have a Material Adverse Effect.

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