Conditions of Structural Assets Sample Clauses

Conditions of Structural Assets. (i) To the extent the Concessionaire is required to perform Major Maintenance on the Structural Assets of the Existing Project Assets involving expenditures in excess of the Major Maintenance costs identified in the Base Case Structural Assets Major Maintenance Plan (“Structural Assets Excess Costs”), the Concessionaire will be entitled to seek a Department Change with respect to the Structural Assets Excess Costs and, subject to all notice and claims submissions requirements set forth in this Agreement, the Department will issue a Department Change; provided, however, that (1) the Net Cost Impact for performing such Major Maintenance is in excess of the Structural Assets Deductible, and (2) such additional Major Maintenance was not due to any act or omission by the Concessionaire or its Contractors in breach of the provisions of this Agreement.
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Related to Conditions of Structural Assets

  • Conditions of Property a. The property is believed and shall be taken to be correctly described and is sold subject to all express and implied conditions, restrictions in interest, easements, common rights, leases, tenancies, occupiers, encroachment, trespass, nuisance, charges, liens, caveats, covenants, liabilities, encumbrances, all public and private rights of way, support, drainage, light and all other rights or other incidents (if any) subsisting thereon without any obligation arising for the Assignee/Bank to define the same respectively and any error, mis- statement, omission or mis-description discovered in the contract shall not annul the sale nor shall any compensation be allowed by or to either party in respect thereof. The Purchaser shall be deemed to have full knowledge of the state and condition of the property.

  • CONDITIONS OF SALE 1. RESERVE PRICE AND BIDDING AT AUCTION

  • Conditions of Use CLIENT acknowledges that its use of the Site is subject to and conditioned upon the following terms and agrees that TAILGATE GUYS may exercise any of the remedies set forth herein for CLIENTS failure to comply:

  • Conditions to Obligations of Seller The obligations of Seller to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or Seller’s waiver, at or prior to the Closing, of each of the following conditions:

  • GENERAL CONDITIONS OF CONTRACT 1. Definitions 1.1 In this Contract, the following terms shall be interpreted as indicated:

  • Conditions to Obligations of Buyer The obligations of Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or Buyer’s waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions of Approval Project Specific Conditions

  • Conditions of Agreement This is a tentative Agreement and shall be of no force and effect unless and until all of the following occur:

  • Conditions of Leave The Town Board will specify the duration of an unpaid leave of absence and to impose such other terms, conditions and restrictions on the employee as the Town Board, in its discretion, deems appropriate.

  • Conditions to Obligations of the Company The Company’s obligation to sell and issue the Shares and the Warrants at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

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