Intermingling of Fuel Assemblies Sample Clauses

Intermingling of Fuel Assemblies. Subject to the provisions of Section 10(h) hereof, the Nuclear Material shall be owned exclusively by the Lessor and leased to the Lessee under this Lease Agreement. Prior to the fabrication of Nuclear Material into a completed fuel assembly or sub-assembly or while such Nuclear Material is being reprocessed, the Lessee will cause or permit such Nuclear Material to be fabricated or assembled only into fuel assemblies or sub-assemblies owned by the Lessor and leased under this Lease Agreement. However, fuel assemblies or sub-assemblies owned by the Lessor and leased to the Lessee hereunder may be intermingled in the Generating Facility with fuel assemblies or sub-assemblies not owned by the Lessor and leased to the Lessee under this Lease Agreement, provided that such assemblies or sub-assemblies owned by the Lessor shall be readily identifiable by serial number or other distinguishing marks.
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Intermingling of Fuel Assemblies. Subject to the provisions of Section 10(h) hereof, the Nuclear Material shall be owned exclusively by the Lessor and leased to the Lessee under this Lease Agreement. Prior to the fabrication of Nuclear Material into a completed fuel assembly or sub-assembly or while such Nuclear Material is being reprocessed, the Lessee will cause or permit such Nuclear Material to be fabricated or assembled only into fuel assemblies or sub-assemblies owned by the Lessor and leased under this Lease Agreement. However, fuel assemblies or sub-assemblies owned by the Lessor and leased to the Lessee hereunder may be intermingled in the Generating Facility with fuel assemblies or sub-assemblies not owned by the Lessor and leased to the Lessee under this Lease Agreement, provided that such assemblies or sub-assemblies owned by the Lessor shall be readily identifiable by serial number or other distinguishing marks. 7. No Warranties or Representation by Lessor. THE NUCLEAR MATERIAL IS LEASED AS-IS, WHERE-IS, IN THE CONDITION THEREOF AND SUBJECT TO THE RIGHTS OF ANY PARTIES IN POSSESSION THEREOF, THE STATE OF THE TITLE THERETO, THE RIGHTS OF OWNERSHIP THEREIN AND TO ALL APPLICABLE LAWS, RULES, REGULATIONS, ORDERS, WRITS, INJUNCTIONS, DECREES, CONSENTS, APPROVALS, EXEMPTIONS, AUTHORIZATIONS, LICENSES AND WITHHOLDING OF OBJECTIONS OF ANY GOVERNMENTAL OR PUBLIC BODY OR AUTHORITY AND ALL OTHER REQUIREMENTS HAVING THE FORCE OF LAW APPLICABLE AT ANY TIME TO ANY OF THE NUCLEAR MATERIALS OR ANY ACT OR TRANSACTION WITH RESPECT THERETO OR PURSUANT TO THIS LEASE AGREEMENT, IN EACH CASE AS IN EXISTENCE WHEN THE SAME FIRST BECOMES SUBJECT TO THIS LEASE AGREEMENT, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND BY THE LESSOR OR ANY SECURED PARTY OR ANY PERSON ACTING ON BEHALF OF THE LESSOR OR ANY SECURED PARTY. THE LESSEE ACKNOWLEDGES AND AGREES THAT NEITHER THE LESSOR NOR ANY SECURED PARTY NOR ANY OF THEIR RESPECTIVE DIRECTORS, OFFICERS AND EMPLOYEES, NOR ANY COMPANY, PERSON OR FIRM CONTROLLING, CONTROLLED BY OR UNDER COMMON CONTROL WITH ANY OF THEM NOR ANY OTHER PERSON ACTING ON BEHALF OF THE LESSOR OR ANY SECURED PARTY HAS HAD AT ANY TIME PHYSICAL POSSESSION OF ANY PORTION OF THE NUCLEAR MATERIAL, HAS MADE ANY INSPECTION THEREOF, HAS GIVEN ANY ADVICE TO THE LESSEE OR HAS MADE ANY RECOMMENDATION TO THE LESSEE WITH RESPECT TO THE CHOICE OF THE SUPPLIER, VENDOR OR PROCESSOR OF THE NUCLEAR MATERIAL OR WITH RESPECT TO THE PROCESSING, MILLING, CONVERSION, ENRICHMENT, FABRICATION, CONTAINERIZATION...
Sample 1

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