Training Exercises Sample Clauses

Training Exercises. The Parties will endeavor to participate in joint training exercises and drills for emergency response situations which may result in a request under this Agreement.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Training Exercises. The Service Providers shall have the opportunity to perform Training Exercises when the ROV is assigned to the Agreement. The relevant Service Provider shall provide the Management Committee with details of the nature, purpose, duration and location of the proposed Training Exercises. The use of ROV for Training Exercises is subject to the approval of the Management Committee, which approval shall not be unreasonably withheld or delayed. The allocation of ROV costs during such Training Exercises is defined in Article 9 below.
Sample 1Sample 2
Training Exercises. For the period of such work, Standing Charges shall be apportioned according to Article 9.1, while Running Costs, including those for Transit Time, shall not be charged to this Agreement.
Sample 1Sample 2
Training Exercises. Special training exercises or other restricted duty may be requested on a voluntary basis.
Sample 1Sample 2
Training Exercises. With advance notice to, and agreement of, the Airport Director, the City will be able to conduct training exercises and drills on the Airport property, provided the Airport Director is given advanced notice and they approve the training and/or drills. While understanding the Airport Director’s obligation to ensure the safety of Airport operations, such requests shall not be unreasonably denied. Exercises and drills may include, but are not limited to, topics such aircraft rescue firefighting, driver operations, multi-casualty accidents, or other subjects that enhance the operational efficiency of the City.
Sample 1
Training Exercises. In an effort to reduce the abatement costs, the City may also conduct firefighting training exercises (“Training Exercises”) before removing the structures. Such Training Exercises shall include such actions as and may cause damage to existing physical structures and/or fixtures. Owner shall not be liable for any costs the City incurs to conduct the Training Exercises. If the City performs such Training Exercises, the City agrees to indemnify, defend with counsel selected by City, and hold Owner, its members, officers, directors, affiliates, subsidiaries, agents, employees, and servants harmless from and against any claims, damages, losses, expenses and attorneys’ fees arising out of the training exercises conducted by the City, its affiliates, subsidiaries, agents, contractors, guests, employees, and servants. This indemnity obligation shall not apply to the portion of any claim, damage or loss that arises out of Owner’s sole negligence or willful misconduct or Owner’s failure to disclose hazardous conditions of the Property to the City prior to the training exercises. The indemnity herein shall survive the termination of this Agreement and shall continue in effect until any and all claims, actions or causes of action with respect to any of the matters indemnified against are fully and finally barred by the applicable statute of limitations.
Sample 1
Training Exercises. Under direction of training instructor, would assist the instructor by explaining the training exercises and supervising the doing of same. Use of the blackboard and projector in teaching these exercises. Minimum walking involved. No lifting or physical exercise involved. FIRE STATION DUTIES Assigned to the watch desk answering the telephone, receiving calls and relaying to personnel all announcements. Operate doors by using button to open and close. Keeping Journal Book up to date. Maintaining watch on station when Fire Apparatus is out. Working hours would be 0800 hours to 1600 hours.
Sample 1
AutoNDA by SimpleDocs
Training Exercises. In order to fulfill unit mission requirements and to maintain a fully trained fire protection force, the employer will conduct regularly scheduled and unannounced structural, aircraft, and live fire drills as well as AMC alerts and other Air Force/Air National Guard initiated exercises.
Sample 1

Related to Training Exercises

  • Net Exercise If during the Exercise Period, the Holder is not permitted to sell Exercise Shares pursuant to the Registration Statement, as defined in the Purchase Agreement, and the fair market value of one share of the Common Stock is greater than the Exercise Price (at the date of calculation as set forth below), in lieu of exercising this Warrant by payment of cash or by check, the Holder may effect a “net exercise” of this Warrant, in which event, if so effected, the Holder shall receive Exercise Shares equal to the value (as determined below) of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with the properly endorsed Notice of Exercise in which event the Company shall issue to the Holder a number of shares of Common Stock computed using the following formula: X = Y (A-B) A Where X = the number of shares of Common Stock to be issued to the Holder Y = the number of shares of Common Stock purchasable under the Warrant or, if only a portion of the Warrant is being exercised, the portion of the Warrant being canceled (at the date of such calculation) A = the fair market value of one share of the Company’s Common Stock (at the date of such calculation) B = Exercise Price (as adjusted to the date of such calculation) For purposes of the above calculation, the “fair market value” of one share of Common Stock shall mean (i) (i) the average of the closing sales prices for the shares of Common Stock on the NASDAQ Capital Market or other Eligible Market where such Common Stock is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Company and reasonably acceptable to the Holder if Bloomberg Financial Markets is not then reporting sales prices of such security) (collectively, “Bloomberg”) for the 10 consecutive trading days immediately preceding such Exercise Date, or (ii) if an Eligible Market is not the principal Trading Market for the shares of Common Stock, the average of the reported sales prices reported by Bloomberg on the principal Trading Market for the Common Stock during the same period, or, if there is no sales price for such period, the last sales price reported by Bloomberg for such period, or (iii) if neither of the foregoing applies, the last sales price of such security in the over-the-counter market on the pink sheets or bulletin board for such security as reported by Bloomberg, or if no sales price is so reported for such security, the last bid price of such security as reported by Bloomberg or (iv) if fair market value cannot be calculated as of such date on any of the foregoing bases, the fair market value shall be as determined by the Board of Directors of the Company in the exercise of its good faith judgment.

  • Warrant Exercise (1) Other than Warrants held by the Depository, Registered Warrantholders of Warrant Certificates who wish to exercise the Warrants held by them in order to acquire Warrant Shares must complete the exercise form (the “Exercise Notice”) attached to the Warrant Certificate(s) which form is attached hereto as Schedule “B”, which may be amended by the Corporation with the consent of the Warrant Agent, if such amendment does not, in the reasonable opinion of the Corporation and the Warrant Agent, which may be based on the advice of Counsel, materially and adversely affect the rights, entitlements and interests of the Warrantholders, and deliver such certificate(s), the executed Exercise Notice and a certified cheque, bank draft or money order payable to or to the order of the Corporation for the aggregate Exercise Price to the Warrant Agent at the Warrant Agency. The Warrants represented by a Warrant Certificate shall be deemed to be surrendered upon personal delivery of such certificate, Exercise Notice and aggregate Exercise Price or, if such documents are sent by mail or other means of transmission, upon actual receipt thereof by the Warrant Agent at the office referred to above.

  • Agreement Not to Exercise Appraisal Rights Stockholder shall not exercise any rights (including under Section 262 of the Delaware General Corporation Law) to demand appraisal of any Shares that may arise with respect to the Merger.

  • Method of Exercise Holder may exercise this Warrant by delivering a duly executed Notice of Exercise in substantially the form attached as Appendix 1 to the principal office of the Company. Unless Holder is exercising the conversion right set forth in Article 1.2, Holder shall also deliver to the Company a check, wire transfer (to an account designated by the Company), or other form of payment acceptable to the Company for the aggregate Warrant Price for the Shares being purchased.

  • Conditional Exercise Notwithstanding any other provision hereof, if an exercise of any portion of this Warrant is to be made in connection with a public offering or a sale of the Company (pursuant to a merger, sale of stock, or otherwise), such exercise may at the election of the Holder be conditioned upon the consummation of such transaction, in which case such exercise shall not be deemed to be effective until immediately prior to the consummation of such transaction.

  • Method of Exercise Payment Issuance of New Warrant;

  • Notice to Allow Exercise by Hxxxxx If (A) the Company shall declare a dividend (or any other distribution in whatever form) on the Common Stock, (B) the Company shall declare a special nonrecurring cash dividend on or a redemption of the Common Stock, (C) the Company shall authorize the granting to all holders of the Common Stock rights or warrants to subscribe for or purchase any shares of capital stock of any class or of any rights, (D) the approval of any stockholders of the Company shall be required in connection with any reclassification of the Common Stock, any consolidation or merger to which the Company is a party, any sale or transfer of all or substantially all of the assets of the Company, or any compulsory share exchange whereby the Common Stock is converted into other securities, cash or property, or (E) the Company shall authorize the voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Company, then, in each case, the Company shall cause to be delivered by facsimile or email to the Holder at its last facsimile number or email address as it shall appear upon the Warrant Register of the Company, at least 20 calendar days prior to the applicable record or effective date hereinafter specified, a notice stating (x) the date on which a record is to be taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the date as of which the holders of the Common Stock of record to be entitled to such dividend, distributions, redemption, rights or warrants are to be determined or (y) the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected to become effective or close, and the date as of which it is expected that holders of the Common Stock of record shall be entitled to exchange their shares of the Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation, merger, sale, transfer or share exchange; provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall not affect the validity of the corporate action required to be specified in such notice. To the extent that any notice provided in this Warrant constitutes, or contains, material, non-public information regarding the Company or any of the Subsidiaries, the Company shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. The Holder shall remain entitled to exercise this Warrant during the period commencing on the date of such notice to the effective date of the event triggering such notice except as may otherwise be expressly set forth herein.

Time is Money Join Law Insider Premium to draft better contracts faster.