Alteration of equipment; additional equipment Sample Clauses

Alteration of equipment; additional equipment. The Lessee may at any time alter or remove all or any items of equipment or may fit any additional equipment required to render the Ship available for any purpose for which the Lessee may require to use her in accordance with the provisions of clause 13 provided that the Lessee shall first have obtained the prior written consent of the Lessor thereto if and to the extent such consent may be required pursuant to clause 15.2.10. Any additional equipment so fitted by the Lessee shall be considered the property of the Lessee or relevant sub-lessee who may remove such additional equipment at any time before the expiration of the Lease Period. The cost of fitting or removing any equipment together with the cost of making good any damage caused by such fitting or removal shall be payable in full by the Lessee who shall re-deliver the Ship's equipment to the Lessor in accordance with the provisions of clause 20.1 unless it is agreed between the Lessor and the Lessee that any extra fittings or equipment which have been supplied by the Lessee during the Lease Period shall remain on the Ship after redelivery, in which event such fittings or equipment shall as from redelivery become the property of the Lessor.
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Alteration of equipment; additional equipment. The Charterer may at any time alter or remove all or any items of equipment or may fit any additional equipment required to render the Ship available for any purpose for which the Charterer may require to use her under the provisions of Clause 13 provided that the Charterer shall first have obtained the prior written consent of the Owner thereto if and to the extent such consent may be required pursuant to Clause 15.2(h). Any additional equipment so fitted by the Charterer shall be considered the property of the Charterer who may remove such additional equipment and/or any Excluded Equipment at any time before the expiration of the Charter Period. The cost of fitting or removing any equipment together with the cost of making good any damage caused by such fitting or removal shall be payable in full by the Charterer who shall redeliver the Ship's equipment to the Owner in accordance with the provisions of Clause 20.1 unless it is agreed between the Owner and the Charterer that any extra fittings or equipment which have been supplied by the Charterer during the Charter Period shall remain on the Ship after redelivery in which event such fittings or equipment shall as from redelivery become the property of the Owners.
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Alteration of equipment; additional equipment. The Hirer may at any time alter or remove all or any items of Equipment or other equipment or may fit any additional equipment required to render the Ship available for any purpose for which the Hirer may require to use her in accordance with the provisions of clause 15 provided that the Hirer shall first have obtained the prior written consent of the Owner thereto if and to the extent such consent may be required pursuant to clause 17.2(i) and provided the Hirer has procured adequate storage facilities in respect of such removed Equipment or other equipment and has effected adequate insurances in respect thereof as approved by the Owner. Any additional equipment so fitted by the Hirer shall be considered the property of the Hirer who may remove such additional equipment at any time before the expiration of the Hire Period. The cost of fitting or removing any equipment together with the cost of making good any damage caused by such fitting or removal shall be payable in full by the Hirer.
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Related to Alteration of equipment; additional equipment

  • Additional Equipment RX agrees to install and/or supply additional Equipment, as determined by mutual agreement of the parties, at no additional cost to Six Flags.

  • Condition of Equipment Each Grantor will maintain or cause to be maintained and preserved in good condition, repair and working order, ordinary wear and tear excepted, the Equipment (necessary or useful to its business) and will forthwith, or in the case of any loss or damage to any Equipment of any Grantor within a commercially reasonable time after the occurrence thereof, make or cause to be made all repairs, replacements and other improvements in connection therewith which are necessary or desirable, consistent with past practice, or which the Collateral Agent may request to such end. Any Grantor will promptly furnish to the Collateral Agent a statement describing in reasonable detail any such loss or damage in excess of $25,000 per occurrence to any Equipment.

  • Location of Equipment The Equipment of Borrower and its Subsidiaries is not stored with a bailee, warehouseman, or similar party and is located only at, or in-transit between, the locations identified on Schedule 5.14 (as such Schedule may be updated pursuant to Section 5.14).

  • Tenant’s Equipment Tenant shall provide notice to Landlord prior to moving any heavy machinery, heavy equipment, freight, bulky matter or fixtures (collectively, “Equipment”) into or out of the Building and shall pay to Landlord any costs actually incurred by Landlord in connection therewith. If such Equipment requires special handling, Tenant agrees (a) to employ only persons holding all necessary licenses to perform such work, (b) all work performed in connection therewith shall comply with all applicable Requirements and (c) such work shall be done only during hours designated by Landlord.

  • Removal of Equipment Lessee shall have and is hereby given and granted twelve (12) months after a valid forfeiture, cancellation or other termination of this lease to remove from said property all buildings, structures, warehouse stocks, merchandise, materials, tools, hoists, compressors, engines, motors, pumps, transformers, electrical accessories, metal or wooden tanks, pipes and connections, rails, mine cars and any and all machinery, trade fixtures, and equipment erected or placed in or upon said property by it, provided that such right of removal shall not extend to foundations and mine timbers in place unless Lessor shall have given his previous written consent thereto. If Lessee is hampered by snowdrifts, washouts, inclement weather, or other climatic conditions, from completing the removal of said property and equipment within the time specified, then Lessor agrees to extend the time by a reasonable period if requested by Lessee.

  • LEASE OF EQUIPMENT Lessor leases to Lessee, and Lessee leases from Lessor, all the property described in the Lease Schedules which are signed from time to time by Lessor and Lessee.

  • Leased Equipment Schedule 3.16(e) hereto contains a list of all leases or other agreements, whether written or oral, under which the Corporation is lessee of or holds or operates any items of machinery, equipment, tools, motor vehicles, furniture and fixtures or other property (other than real property) owned by any third party (collectively, the "Leased Equipment").

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

  • Alterations, Additions, and Improvements Subject to the provisions of this Article IV, Lessee may make any alterations, additions, improvements or other changes to the Premises and the Relevant Assets as may be necessary or useful in connection with the operation of the Relevant Assets (collectively, the “Additional Improvements”). If such Additional Improvements require alterations, additions or improvements to the Premises or any of the Shared Access Facilities, Lessee shall notify Lessor in writing in advance and the parties shall negotiate in good faith any increase to the fees paid by Lessee under the Site Services Agreement by Lessee or otherwise provide for reimbursement of any material increase in cost (if any) to Lessor under the Site Services Agreement that results from any modifications to the Premises or the Shared Access Facilities necessary to accommodate the Additional Improvements, or as otherwise mutually agreed by the parties. Any alteration, addition, improvement or other change to the Premises, Relevant Assets or Additional Improvements (and, if agreed by Lessee and Lessor, to the Shared Access Facilities) by Lessee shall be made in a good and workmanlike manner and in accordance with all applicable Laws. The Relevant Assets and all Additional Improvements shall remain the property of Lessee and shall be removed by Lessee within one (1) year after termination of this Lease (provided that such can be removed by Lessee without unreasonable damage or harm to the Premises) or, at Lessee’s option exercisable by notice to Lessor, surrendered to Lessor upon the termination of this Lease. Lessee shall not have the right or power to create or permit any lien of any kind or character on the Premises by reason of repair or construction or other work. In the event any such lien is filed against the Premises, Lessee shall cause such lien to be discharged or bonded within thirty (30) days of the date of filing thereof.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

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