Transition of Operations Sample Clauses

Transition of Operations. (a) Upon the expiration or earlier termination of the Term as to any Leased Property, or any dispossession of Tenant as to any Leased Property, Tenant shall, to the maximum extent permitted by applicable law, transfer to Lessor or Lessor’s designee and/or cooperate in all reasonable respects with Lessor or Lessor’s designee to enable Lessor or Lessor’s designee to apply for and obtain all licenses, operating permits, provider agreements, provider status, certificates of need, certificates of exemption, approvals, waivers, variances and other governmental, quasi-governmental and private authorizations necessary for the operation of the Leased Property as to which the Term is expired or terminated or as to which Tenant has been dispossessed and the Facilities located thereon, or any of them, for their respective Primary Intended Uses (collectively “Authorizations”); provided that the costs and expenses of any such transfer or obtaining of Authorizations shall be paid by Lessor or Lessor’s designee unless such termination or dispossession results from an Event of Default, in which event the costs and expenses of any such transfer or obtaining of Authorizations shall be paid by Tenant. It is the express intention of the parties that at the expiration or earlier termination of the Term as to any Leased Property, and upon any dispossession of Tenant in connection with any Event of Default as to any Leased Property, any and all Authorizations needed to operate each Leased Property as to which the Term is expired or terminated, or as to which Tenant has been dispossessed, for its Primary Intended Use shall, to the maximum extent permitted by applicable law, remain with such Leased Property and shall be transferred into the name of Lessor or Lessor’s designee, regardless of whether such Authorization is in the name of Tenant at any time during the Term. Without limiting the generality of the foregoing, Tenant shall furnish to Lessor or its designee complete and accurate documents and information in Tenant’s possession, custody or control necessary or reasonably requested by Lessor or its designee in connection with any such transfer or the completion and processing of any applications for Authorizations.
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Transition of Operations. In connection with the expiration or any termination of this Agreement, the Parties agree to comply with the following procedures, which each Party acknowledges constitute material covenants, undertakings and conditions of this Agreement:
Transition of Operations. The parties agree that Vendor shall continue to conduct railroad operations for Purchaser's account through and including January 7, 1999. In order to simplify the compensation payable to Vendor, Purchaser shall permit Vendor to retain all revenues as an offset to the costs of operation, risk of loss, and responsibilities and liabilities as the operator through and including January 7, 1999. The parties agree that the possession and operational control shall transfer to the Purchaser effective as of 12:01 a.m. (Pacific time) on January 8, 1999.
Transition of Operations. 5 Section 4.2
Transition of Operations. To facilitate an orderly transition to Key of the management of WellTech's business, properties and operations, WellTech shall:
Transition of Operations. Following the Closing Date (i) Seller shall manufacture the Products for Buyer pursuant to the terms of the Manufacturing Services Agreement attached hereto as Exhibit C (the "MANUFACTURING AGREEMENT").
Transition of Operations. 60 Section 40.4 Right to Enter ............................................62 Section 40.5 Integration ...............................................62 Section 40.6 Severability ..............................................62 Section 40.7 Subject to Law ............................................62 Section 40.8 Waivers ...................................................62 Section 40.9 Binding Character .........................................62 Section 40.10 Modification ..............................................63 Section 40.11 Forbearance ...............................................63 Section 40.12
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Transition of Operations. (a) Within twenty-four (24) hours of the occurrence of an Operations Transfer Event and delivery by Lessor to Tenant of a written notice that an Operations Transfer Event has occurred, Tenant shall execute the operations transfer agreement as of such date, in the form attached hereto as Exhibit G, which agreement shall govern the transition of operations from Tenant to Lessor or a third party operator selected by Lessor, as the case may be.
Transition of Operations. 72 40.7 Successors and Assigns.......................................... 74 40.8 Termination Date................................................ 74 40.9 Governing Law................................................... 75 40.10 Waiver of Trial by Jury......................................... 75 40.11 Lessee Counterclaim and Equitable Remedies...................... 76 40.12
Transition of Operations. 36 8.3. Facility Termination 38 8.4. Tenant Property 39 8.5. Holding Over 39 8.6. Survival 39
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