GOOD OPERATING CONDITION, ETC Sample Clauses

GOOD OPERATING CONDITION, ETC. (1) Be in as good operating condition as, (2) have no more hours, cycles or calendar time than, have the same interchangeable modification status as, and have a value and utility at least equal to, the Part replaced, assuming such replaced Part was in the condition and repair required to be maintained by the terms hereof, and (3) with respect to avionics, navigation, communications equipment, be of the same make and the same or more advanced model.
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GOOD OPERATING CONDITION, ETC. (1) Be in as good operating condition as such replaced Part, (2) have no more hours, cycles or calendar time than, be no more than six months older than, have the same interchangeable modification status as, and have a value and utility at least equal to, the Part replaced, assuming such replaced Part was in the condition and repair required to be maintained by the terms hereof, and (3) with respect to avionics, navigation and communications equipment, be of the same make and the same or more advanced model.
Sample 1

Related to GOOD OPERATING CONDITION, ETC

  • Working Conditions The Company will provide the Executive with a private office and secretarial services.

  • Continuing Conditions The obligations of each Lender to make Advances (including the initial Advance) under this Agreement and the obligation of the Issuing Lender to issue any Letters of Credit shall be subject to the continuing conditions that:

  • Existing Condition Seller shall not cause nor permit to occur any of the events or occurrences described in Section 3.1.11 hereof.

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • Existing Conditions Tenant accepts the Property in its condition as of the execution of the Lease, subject to all recorded matters, laws, ordinances, and governmental regulations and orders. Except as provided herein, Tenant acknowledges that neither Landlord nor any agent of Landlord has made any representation as to the condition of the Property or the suitability of the Property for Tenant's intended use. Tenant represents and warrants that Tenant has made its own inspection of and inquiry regarding the condition of the Property and is not relying on any representations of Landlord or any Broker with respect thereto. If Landlord or Landlord's Broker has provided a Property Information Sheet or other Disclosure Statement regarding the Property, a copy is attached as an exhibit to the Lease.

  • FPS Closing Conditions (a) The obligation of the Purchaser to purchase the Forward Purchase Securities at the FPS Closing under this Agreement shall be subject to the fulfillment, at or prior to the FPS Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may be waived by the Purchaser:

  • Vesting Conditions Each Award of Stock Units may or may not be subject to vesting. Vesting shall occur, in full or in installments, upon satisfaction of the conditions specified in the Stock Unit Award Agreement. A Stock Unit Award Agreement may provide for accelerated vesting in the event of the Participant’s death, disability or retirement or other events. The Committee may determine, at the time of granting Stock Units or thereafter, that all or part of such Stock Units shall become vested in the event that a Change in Control occurs with respect to the Company.

  • Company Closing Conditions The Company’s obligation to consummate the transaction hereunder at the Closing shall be subject to the following conditions, any one or more of which may be waived by the Company:

  • Minimum Condition Section 1.1(a).........................................2

  • Performance; No Default The Company shall have performed and complied with all agreements and conditions contained in this Agreement required to be performed or complied with by it prior to or at the Closing and after giving effect to the issue and sale of the Notes (and the application of the proceeds thereof as contemplated by Section 5.14) no Default or Event of Default shall have occurred and be continuing.

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