Change in Industry Practice Sample Clauses

Change in Industry Practice. In the event that there is a material change in the generally accepted industry-wide practice with regard to the insurance of aircraft (whether relating to all or any of the types of Insurance required to be effected under the foregoing provisions of this undertaking) such that the Insurance required pursuant to the provisions of this undertaking is insufficient to protect the interests of Lessor and the other Additional Insureds hereunder, the Insurance requirements set forth in this undertaking shall, following consultation between the Lessee and the Security Trustee, be varied so as to include such additional or varied requirements as may be reasonably necessary to ensure that the Insurances as so varied shall provide comparable protection to that which it would have provided if such change in the generally accepted industry-wide practice had not occurred. SCHEDULE 6 FILING DETAILS Type of Organization (corporation, limited Jurisdiction Organizational ID Current Legal liability company, of Number (if Current Mailing Name (no trade names) etc.) Organization applicable) Address --------------------------------- -------------------- ------------- ----------------- ---------------------- USEB Aircraft Limited Company Cayman N/A See Section 33 of the Islands Participation Agreement Xxxxx Leasing Limited Company Cayman N/A See Section 33 of the Islands Participation Agreement Xxxxxxx Leasing Corporation Corporation Delaware N/A See Section 33 of the Participation Agreement Xxxxxxx Leasing Limited Company Cayman N/A See Section 33 of the Islands Participation Agreement Xxxxxxx Leasing (Cyprus) Limited Company Cyprus N/A See Section 33 of the Participation Agreement Xxxxxxx Leasing (Ireland) Limited Company Ireland N/A See Section 33 of the Participation Agreement EXHIBIT A EX-IM BANK GUARANTEE NO. AP077971XX - United States - GATX UTILIZATION PROCEDURES FOR CREDITS GUARANTEED BY EX-IM BANK In order to utilize the Ex-Im Bank Guarantee as provided in the Participation Agreement among Lessee, Lessor, Lessor Parent, the Initial Lender, the Facility Agent, the Security Trustee and Ex-Im Bank, Lessor must make a request for utilization in respect of the Loan in an amount not to exceed the sum of (i) 100% of the U.S.. content of the relevant Aircraft and (ii) 100% of the Ex-Im Bank Exposure Fee. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Participation Agreement, unless the context clearly sugge...
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Change in Industry Practice. In the event that there is a material change in the generally accepted industry-wide practice with regard to the insurance of aircraft (whether relating to all or any of the types of Insurances required to be effected under the foregoing provisions of this Section 10) such that the Insurances required pursuant to the provisions of this Section 10 are insufficient to protect the interests of the Lessor, the Loan Trustee or any of the other Additional Insureds hereunder in accordance with such generally accepted industry practice, the insurance requirements set forth in this Section 10 shall be varied at the request of the Loan Trustee so as to include such additional or varied requirements as may be reasonably necessary to ensure that the Insurances and Reinsurances as so varied shall provide comparable protection to that of the generally accepted industry-wide practice.
Change in Industry Practice. In the event that there is a material change in generally accepted industry-wide practice with regard to the insurance of Railcars (whether relating to any or all of the types of insurance required to be effected under the foregoing provisions of this Section 11.14) such that the insurance required pursuant to the provisions of this Section 11.14 is insufficient to protect the interests of the Indenture Trustee, the Class A Note Insurer or any Holder hereunder, then, unless such an action would be contrary to the provisions of any Lease to which the relevant Railcars may then be subject, the insurance requirements set forth in this Section 11.14 shall be varied so as to include such additional or varied requirements as may be reasonably necessary to ensure that the insurance as so varied shall provide comparable protection to that which would have been provided if such change in generally accepted industry-wide practice had not occurred.
Change in Industry Practice. (a) If there is a material change in the generally accepted industry-wide practice with regard to the insurance of aircraft or any material change with respect to the insurance of aircraft based or operated in any jurisdiction in which the Aircraft may then be based or operated (whether relating to all or any of the types of Insurances required to be effected hereby) such that GFC or the Security Trustee, having regard to the advice of its insurance adviser, shall be of the reasonable opinion that the Insurances required to be effected hereby are insufficient to protect the respective interests of the Lessee in the Additional Assureds (bearing in mind the nature and route of operation of the Aircraft), these insurance requirements shall, following consultation with the Lessee, be amended, as soon as practicable following notice by GFC or the Security Trustee to the Lessee, so as to include such additional or varied requirements as may be reasonably necessary to ensure that the insurance as so varied shall provide comparable protection to the Lessee in the Additional Assureds to that which it would have done if such change had not occurred.
Change in Industry Practice. In the event that there is a material change in the generally accepted industry-wide practice with regard to the insurance of aircraft (whether relating to all or any of the types of Insurances required to be effected under the foregoing provisions of this Section 10) such that the Insurances required pursuant to the provisions of this Section 10 are insufficient to protect the interests of the Lessor or any of the other Additional Insureds hereunder in accordance with such generally accepted industry practice, the insurance requirements set forth in this Section 10 shall be varied at the request of the Lessor so as to include such additional or varied requirements as may be reasonably necessary to ensure that the Insurances and Reinsurances as so varied shall provide comparable protection to that of the generally accepted industry-wide practice.
Change in Industry Practice. In the event that there is a material change in the generally accepted industry-wide practice with regard to the insurance of aircraft (whether relating to all or any of the types of Insurances and Reinsurances required to be effected under the foregoing provisions of this Section 10) such that the Insurances and/or Reinsurances required pursuant to the provisions of this Section 10 are insufficient to protect the interests of Lessee, Head Lessor, Ex-Im Bank, the Security Trustee or any of the other Additional Insureds hereunder, the insurance requirements set forth in this Section 10 shall be varied at the request of Lessee and necessary to ensure that the Insurances and Reinsurances as so varied shall provide comparable protection to that which it would have provided if such change in the generally accepted industry-wide practice had not occurred. For avoidance of doubt, such variation shall not include an increase in the Threshold Value.

Related to Change in Industry Practice

  • Standards for Determining Commercial Reasonableness Borrower and Silicon agree that a sale or other disposition (collectively, "sale") of any Collateral which complies with the following standards will conclusively be deemed to be commercially reasonable: (i) Notice of the sale is given to Borrower at least seven days prior to the sale, and, in the case of a public sale, notice of the sale is published at least seven days before the sale in a newspaper of general circulation in the county where the sale is to be conducted; (ii) Notice of the sale describes the collateral in general, non-specific terms; (iii) The sale is conducted at a place designated by Silicon, with or without the Collateral being present; (iv) The sale commences at any time between 8:00 a.m. and 6:00 p.m; (v) Payment of the purchase price in cash or by cashier's check or wire transfer is required; (vi) With respect to any sale of any of the Collateral, Silicon may (but is not obligated to) direct any prospective purchaser to ascertain directly from Borrower any and all information concerning the same. Silicon shall be free to employ other methods of noticing and selling the Collateral, in its discretion, if they are commercially reasonable.

  • Service Level Standards In addition to all other requirements in this Agreement, and in accordance with the Best Claims Practices & Estimating Guidelines, Vendor shall use reasonable and good faith efforts to meet the Service Level Standards set forth below.

  • Change Management BellSouth provides a collaborative process for change management of the electronic interfaces through the Change Control Process (CCP). Guidelines for this process are set forth in the CCP document as amended from time to time during this Agreement. The CCP document may be accessed via the Internet at xxxx://xxx.xxxxxxxxxxxxxxx.xxxxxxxxx.xxx.

  • Accounting Practice Except as otherwise provided herein, all Mortgage Loan account records must be maintained according to (a) the Uniform Single Attestation Program for Mortgage Bankers and (b) where applicable, sound and generally accepted accounting practices.

  • Customary Practices Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.

  • Good Faith and Commercially Reasonable Manner Performance of all obligations under this Annex, including, but not limited to, all calculations, valuations and determinations made by either party, will be made in good faith and in a commercially reasonable manner.

  • Operating Standards (A) Distributor and its Dealer(s) shall conduct the operation of their respective businesses related to the resale of the Product(s) in a clean and safe manner and shall otherwise conduct no business which could interfere with the sale of Product(s) or damage the goodwill of the Valero brand or the Marks. Without limiting the foregoing, Distributor and its Dealer(s) shall, at all times during the term of this Agreement, fully comply with VMSC’s then current “Basic Operational Requirements” which Distributor acknowledges have been received and reviewed by Distributor. Furthermore, without limiting any provision to the contrary herein, Distributor and its Dealer(s) shall fully comply with VMSC’s “Commitment to Excellence Requirements”, which Distributor acknowledges have been received and reviewed by Distributor. As of the Commencement Date, Distributor and its Dealer(s) agree to participate in the Commitment to Excellence Program (“CTE Program”). The CTE Program provides that each Station meets the established Commitment to Excellence Requirements which consists of requirements from each of the following VMSC documents: VMSC’s Basic Image Requirements, Wholesale Branding Manual, and Basic Operational Requirements. VMSC reserves the right to amend, change, or otherwise modify the “Basic Operational Requirements”, “Commitment to Excellence Requirements” and the “CTE Program” from time to time, in VMSC’s sole and absolute discretion.

  • Quality Standards Each Party agrees that the nature and quality of its products and services supplied in connection with the other Party's Marks will conform to quality standards set by the other Party. Each Party agrees to supply the other Party, upon request, with a reasonable number of samples of any Materials publicly disseminated by such Party which utilize the other Party's Marks. Each Party will comply with all applicable laws, regulations, and customs and obtain any required government approvals pertaining to use of the other Party's marks.

  • Professional Standards The Contractor agrees to maintain the professional standards applicable to its profession and to Contractors doing business in the United States Virgin Islands.

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