LEASE AND CONDITIONS Sample Clauses

LEASE AND CONDITIONS. (a) Lessor hereby agrees to lease the Aircraft to Lessee, and Lessee hereby agrees to lease the Aircraft from Lessor, subject to the terms and conditions of this Lease, as supplemented by any lease supplement executed by the parties hereto. The right to lease the Aircraft conferred hereto shall include the use of all Aircraft Documents. (b) Lessor's obligation to lease the Aircraft hereunder to Lessee shall be conditioned upon: (1) the absence of any Default existing (or circumstances which, if the lease of the Aircraft commenced, would give rise to a Default) on the Delivery Date; (2) the occurrence of any Casualty Event in respect of the Aircraft prior to Delivery; (3) the certification by the FAA of the Aircraft as to type and airworthiness and issuance by the FAA of a valid and effective certificate of airworthiness for operation in the United States of America; (4) Lessee shall have arranged for delivery to Lessor of each of the Closing Documents, each dated as of the Delivery Date (or such other date satisfactory to Lessor and Lessee) each of which shall be in form and substance satisfactory to Lessor; and (5) Lessor's receipt at the Payment Location, the Deposit in the date or dates and in the amount or amounts specified in Exhibit C on the date or dates and in the amount or amounts specified in Exhibit C. (c) Lessee's obligation to lease the Aircraft from Lessor shall be conditioned upon: (1) A currently valid and effective airworthiness certificate for the Aircraft has been issued by the FAA; (2) The FAA has issued a currently valid and effective Registration Certificate for the Aircraft; (3) The Aircraft has been placed on Lessee's operations specifications by the FAA; (4) The Aircraft Documents are accepted by the FAA as being in compliance with the FARs; (5) The Aircraft is immediately eligible under the FARs to enter into Lessee's revenue service; (6) A favorable opinion of Lessor's counsel to the effect that Lessor has duly executed and delivered the Lease and each document or Exhibit contained therein is legally valid, binding and enforceable; and (7) An opinion from Xxxxx and Xxxxxxx, Special FAA counsel, to the effect that Lessor is the owner of record and the Aircraft is duly registered in the United States. (d) If each of conditions (3), (4) and (5) in the preceding paragraph (c) are not met by December 31, 1996 (or such later date as Lessor may agree in writing), Lessor may, but shall not be obligated to, terminate its obligations hereu...
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LEASE AND CONDITIONS. (1) Lessor hereby agrees, subject to satisfaction of the conditions set forth herein, to lease the Aircraft to Lessee, and Lessee hereby agrees to lease the Aircraft from Lessor, on the terms of this Lease. (2) Lessor's obligation to lease the Aircraft hereunder to Lessee shall be conditioned upon (i) the absence of any Default hereunder and the absence of any materially adverse change in Lessee's financial condition or prospects from the date hereof to the Delivery Date, and (ii) the receipt by Lessor of the following documents on or before the Delivery Date, all of which shall be reasonably satisfactory in form and substance to Lessor: (1) a Lease Supplement executed by Lessee, and effective as of the Delivery Date; (2) such officer's certificates and legal opinions relating to due authority to enter into, the enforceability of, and absence of Defaults under this Lease as Lessor shall require; (3) an Approved Insurance Broker's report as to the due compliance with the insurance provisions of Section 11 hereof; (4) a certificate of an Approved Insurance Broker evidencing the insurance as required by Section 11 hereof; (5) a certificate in the form of Exhibit D completed, executed and delivered by Lessee setting forth the status of the Aircraft and Engines on the Delivery Date; and (6) such other documents and matters incident to the foregoing as Lessor may reasonably request.
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LEASE AND CONDITIONS. Lessor agrees to and does hereby lease, and Lessee agrees to and does hereby rent, lease and hire, the Aircraft described in the Aircraft Lease Schedule (the "Schedule") attached hereto and made a part hereof as Exhibit A. The parties hereto intend this Lease to be a true lease and Lessee understands and agrees that it acquires only a leasehold interest hereunder and that it does not acquire any right of beneficial ownership or equity in the Aircraft by payment of rentals hereunder, and Lessee acknowledges that title to the Aircraft remains in the Lessor. Except as any secured party or the Lessor with the consent of any such secured party may specifically direct in writing, Lessee shall not have the right to register the Aircraft in Lessee's name with the United States Federal Aviation Administration ("FAA") or with any other governing authority. This Lease of the Aircraft includes any and all Engines, Main Components, avionics, appliances, parts, instruments, appurtenances, accessories, furnishings and other equipment of whatever nature which may from time to time be part of, attached to, incorporated in, or installed on the Aircraft and all such components which shall have been removed or detached from the Aircraft until a substitute or replacement component shall have been provided pursuant to Section 6.2 hereof.
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LEASE AND CONDITIONS. (a) Lessor hereby agrees to lease the Aircraft to Lessee, and Lessee hereby agrees to lease the Aircraft from Lessor, subject to and in accordance with the terms hereof, as supplemented by the Lease Supplement. (b) Lessor shall deliver the Aircraft hereunder to Lessee upon the receipt by Lessor of the following items on or before the Commencement Date (or such other date as may be designated by Lessor), all of which shall be reasonably satisfactory to Lessor in form and substance, and duly authorized and executed: 7 10 (1) this Lease and the Lease Supplement in the form of Exhibit D hereto, along with each of the other Operative Agreements;
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LEASE AND CONDITIONS 
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Related to LEASE AND CONDITIONS

  • CLOUD SPECIFIC TERMS AND CONDITIONS To the extent that Contractor has received an award for Lot 3, Cloud, the following terms and conditions apply to Lot 3, Cloud. For the duration of an Authorized User Agreement, the Cloud Solution shall conform to the Cloud Solution Manufacturer’s specifications, Documentation, performance standards (including applicable license duration, warranties, guarantees, Service Level Agreements, service commitments, and credits). Contractor is responsible for providing physical and logical security for all Data, infrastructure (e.g. hardware, networking components, physical devices), and software related to the services the Contractor is providing under the Authorized User Agreement. All Data security provisions agreed to by the Authorized User and Contractor within the Authorized User Agreement may not be diminished for the duration of the Authorized User Agreement without prior written agreement by the parties amending the Authorized User Agreement.

  • Specific Terms and Conditions To the extent that Contractor has received an award for Lot 4, Implementation Services, the following terms and conditions apply to Lot 4 Implementation Services. All Services covered under Lot 4 – Implementation Services must be performed within CONUS. An RFQ for this Lot will be awarded based on, and result in, a deliverable-based Statement of Work (SOW) which will be incorporated into an Authorized User Agreement. The RFQ will include but is not limited to: Authorized User timeframes; system integration requirements; and other risks that may affect the cost to the Authorized User. All responses to RFQs must include detailed price information, including but not limited to: hours required per title, cost per hour, etc. Travel, lodging and per diem costs must be itemized in the total quote and may not exceed the rates in the NYS OSC Travel Policy. More information can be found at xxxx://xxx.xxx.xxxxx.xx.xx/agencies/travel/travel.htm. All costs must be itemized and included in the Contractor’s quote. Article 17-B of the New York State Executive Law provides for more meaningful participation in public procurement by certified Service-Disabled Veteran-Owned Businesses (“SDVOB”), thereby further integrating such businesses into New York State’s economy. OGS recognizes the need to promote the employment of service-disabled veterans and to ensure that certified service-disabled veteran-owned businesses have opportunities for maximum feasible participation in the performance of OGS contracts. In recognition of the service and sacrifices made by service-disabled veterans and in recognition of their economic activity in doing business in New York State, Bidders are expected to consider SDVOBs in the fulfillment of the requirements of the Contract. Such participation may be as subcontractors or suppliers, as protégés, or in other partnering or supporting roles.

  • Agreements and Conditions On or before the Closing Date, Seller shall have complied with and duly performed and satisfied in all material respects all agreements and conditions on its part to be complied with and performed by such date pursuant to this Agreement.

  • Restrictions and Conditions (a) Any book entries for the shares of Restricted Stock granted herein shall bear an appropriate legend, as determined by the Administrator in its sole discretion, to the effect that such shares are subject to restrictions as set forth herein and in the Plan. (b) Shares of Restricted Stock granted herein may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of by the Grantee prior to vesting. (c) If the Grantee’s employment with the Company and its Subsidiaries is voluntarily or involuntarily terminated for any reason (including death) prior to vesting of shares of Restricted Stock granted herein, all shares of Restricted Stock shall immediately and automatically be forfeited and returned to the Company.

  • General Terms and Conditions During the term of this Contract, Contractor agrees to procure and maintain insurance which meets all County’s requirements in the General Terms and Conditions.

  • CONTRACT TERMS AND CONDITIONS This section sets forth the terms and conditions of the Contract.

  • ADDITIONAL TERMS AND CONDITIONS This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among Xxxxx Bank and Xxxxx Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • Insurance Terms and Conditions Company must maintain the following limits and coverages uninterrupted or amended through the term of this Agreement. In the event Company becomes in default of the following requirements, Authority reserves the right to take whatever actions it deems necessary to protect its interests. Required liability policies other than Workers’ Compensation / Employer’s Liability will provide that Authority, members of Authority’s governing body, and Authority’s officers, volunteers and employees are included as additional insureds.

  • Standard Conditions This Agreement shall include all of the standard conditions as detailed in Exhibit B, attached hereto and by this reference incorporated herein.

  • SUPERIOR CONDITIONS 21.01 All existing benefits, rights, privileges, practices, terms or conditions of employment which may be considered to be superior to those contained herein and which are set out in Appendix 4 are specifically retained by this Agreement unless otherwise agreed by the local parties. The parties agree to remove from Appendix 4 those superior conditions which no longer have application. Where the parties cannot agree on whether a superior condition continues to have application, the issue will be reduced to a grievance and referred to arbitration. 21.02 The Union and the Participating Hospitals agree to establish a committee consisting of two (2) representatives of the Union and two (2) representatives of the Participating Hospitals to review the superior conditions appendices in each of the participating hospitals. This committee will report to their respective negotiating committees prior to the next round of central negotiations.

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