Lessor Conditions Sample Clauses

Lessor Conditions. Lessor shall have no obligation to ------------------ acquire any Item of Equipment proposed by Lessee to be leased under the Lease Agreement on any Funding Date (with respect to any Funding Date, each such Item of Equipment to be so leased, a "Subject Item") and subject it to the Lease ------------ Agreement unless on or before such Funding Date each of the following conditions are fulfilled: (a) There shall exist no Lease Default or Lease Event of Default and all representations and warranties of Lessee and Guarantor contained herein and in the other Operative Documents shall be true and correct in all material respects as of such Funding Date. (b) Each Subject Item is reasonably acceptable to Lessor and Administrative Agent. (c) Each Item of Equipment is free of all Liens other than Permitted Liens and Lessor Liens. (d) The aggregate of the Acquisition Costs of each Subject Item is less than or equal to the Maximum Acquisition Cost for such Funding Date. (e) Lessor and Administrative Agent shall have received a Lessee Certificate, dated such Funding Date with respect to such Subject Item duly executed by a Responsible Officer of Lessee. (f) Lessor shall have received the related Participation Agreement Supplement, the related Lease Supplement, a Note Purchase Agreement or Underwriting Agreement for the Tranche A Notes to be first issued on such Funding Date in the aggregate equal to aggregate of Tranche A Components of all Subject Items to be first leased on such Funding Date, a Bill of Sale for each Subject Item, a Funding Escrow Agreement xxx each other agreement described under the heading "Additional Conditions Precedent" on the related Participation Agreement Supplement in each case duly authorized, executed and delivered by each other party thereto. (g) All licenses, registrations, permits, consents and approvals required by Applicable Laws or by any Governmental Entity (i) in connection with Lessor's rights and interests in such Item of Equipment to the extent such licenses, registrations, permits, consents or approvals are required because of the nature of the Equipment and (ii) in connection with the delivery, acquisition, use and operation of such Subject Item shall have been obtained to the satisfaction of Lessor. (h) Lessor shall have received from Lessee, in form and substance satisfactory to Lessor, resolutions of the board of directors of Lessee or other written evidence of appropriate corporate action, and the certificate of incorporatio...
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Lessor Conditions. Lessor's and KG's obligation to lease the Aircraft hereunder shall be subject to satisfaction or waiver of the following conditions precedent. On or prior to the Delivery Date (except for (i) below), Lessor and KG shall have received: i. on the date of execution hereof, a resolution of the Board of Directors of Lessee, certified by the Secretary or an authorized officer of Lessee, duly authorizing the lease of the Aircraft hereunder and the execution, delivery and performance of this Lease, together with an incumbency certificate as to the person or persons authorized to execute and deliver such documents on behalf of Lessee; ii. copies of the certificate of incorporation and by-laws of Lessee, a good standing certificate, and copies of all consents, authorizations and approvals of any governmental agency or authority which are required in connection with the execution, delivery and performance of the Lease by Lessee ; iii. Uniform Commercial Code financing statements for filing in the State of Colorado reasonably satisfactory to KG and duly executed by Lessee; and iv. a letter from the process agent appointed by Lessee hereunder accepting such appointment.
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Lessor Conditions. PRECEDENT The conditions precedent to Lessee's obligation to accept delivery and commence the leasing of the Aircraft are as follows:
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Lessor Conditions precedent The obligations of the Borrower to lease the Aircraft to the Head Lessee under the Head Lease are subject to the condition precedent that the Borrower has received evidence that the conditions to the making of the ECA Loans as set out in Clauses 2.1, 2.2 and 2.3 are met (or waived or deferred in accordance with Clause 2.7).
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Lessor Conditions 
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Related to Lessor Conditions

  • 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.

  • Conditions The Limited Damage Waiver Program has certain conditions. Covered Damage does not include, and the Covered Guest remains liable for, the following: • Damages caused by Intentional Acts of a Covered Guest • Damages caused by gross negligence or willful and wanton conduct. • Any damage that the Covered Guest does not report to iTrip staff in writing by the time the Covered Guest checks out of the unit. • Damage from theft without a valid police report. • Damage caused by any pet or other animals brought onto the premises by any Guests, whether or not the property is "pet friendly". • Damage or loss of any property owned by or brought onto the premises by a Covered Guests or invitee of Covered Guest. • Property Damage resulting from any motorized vehicle or watercraft operated by a Covered Guest. • Damaged Caused by any forbidden items or property usage including but not limited to BBQ Grills, Candles, Cigarettes, etc.

  • Weather Conditions The Contractor will be required to protect all work and materials against damage or injury from the weather. If, in the opinion of the County, any work or materials shall have been damaged or injured by reason of failure to protect such, all such materials or work shall be removed and replaced at the expense of the Contractor.

  • Other Conditions 4.1 The Bank may at any time vary, modify or amend the terms and conditions of the Program as it may, in its reasonable discretion, think fit, and the Cardholder shall be bound by such variations and amendments after such variations and amendments have been communicated to the Cardholder. 4.2 Any abuse or fraud in respect of the issuance of Points or redemption of Rewards (including any Points transfer to designated airlines’ programmes), may result in the cancellation of accrued Points and any Rewards already issued. 4.3 Without prejudice to any of the Bank’s rights and remedies, the Bank is entitled, at any time, in its reasonable discretion with reasonable notice, to terminate the Program or withdraw, cancel or invalidate any Reward and/ or Points already issued. 4.4 The Bank is not liable if it is unable to perform its obligations under these terms and conditions, due directly or indirectly to the failure of any machine or communication system, industrial dispute, war, Act of God, or anything outside the control of the Bank, its agents or any third party. The Bank shall not be responsible for any delay in the transmission to the Bank of evidence of Retail Purchases by the participating merchants or any other third party. 4.5 The Cardholder hereby authorizes the Bank to disclose information regarding himself/herself and his/her Card Account(s) to such third parties as the Bank deems necessary for the purposes of the Program. 4.6 The Bank’s records of all matters relating to this program are conclusive and binding on the Cardholder, save in the case of the Bank’s manifest or clerical error. The Bank is entitled to, for any reason and at any time, with reasonable notice, suspends the calculation or accrual of Points to rectify any errors in the calculation, or otherwise adjust such calculation. 4.7 The Bank’s decision on all matters relating to the Program shall be final and binding on the Cardholder. 4.8 Any redemption of any Reward shall be governed by the Citi ThankYou Rewards Program Terms and Conditions as amended from time to time.

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • Merger of Conditions The conditions set out in §5.1 hereof shall be conclusively deemed to have been satisfied, waived or released upon the occurrence of the Effective Date.

  • Termination Conditions Such license shall not be terminated or its exploitation enjoined, until and unless: (i) Hitachi has committed a material breach of its obligations under this IP License Agreement, Opto-Device has given written notice of such breach to Hitachi and such breach remains uncured after the Cure Period, or, in the case of a breach, which cannot be cured within such Cure Period, Hitachi has not instituted within such Cure Period steps necessary to remedy the default and/or thereafter has not diligently pursued the same to completion; or (ii) such a material breach is incurable. In the event the breach is a curable breach that cannot be cured within the Cure Period but with respect to which Hitachi has instituted steps necessary to remedy the default and is thereafter diligently pursuing such cure, both parties shall negotiate to determine whether further pursuit of such cure is reasonable. If the parties cannot agree on a resolution in such negotiations, then this issue shall be referred to arbitration pursuant to the arbitration procedures set forth in Exhibit B hereto to decide whether such breach can be cured or any other alternative remedy should be adopted. In the event the breach is an incurable breach, the parties agree that the matter shall be referred to arbitration pursuant to the arbitration procedures set forth in Exhibit B hereto to determine the appropriate remedy. In the event that either party submits the dispute to arbitration, both parties shall cooperate in such binding arbitration in accordance with Exhibit B.

  • Further Conditions Seller shall deliver to Buyer full and complete possession of the property, subject to the Permitted Exceptions. Absolutely no access to the Property prior to Closing is allowed without Seller’s advance written authorization and upon execution of an appropriate waiver of liability. Neither Buyer nor any of its representative, agents or contractors shall be deemed an invitee of the Property by virtue of this Agreement, the Property Data or the offering of the Property for sale. Further, no invasive environmental tests shall be performed by any Buyer without Seller’s advance written consent.

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

  • Adverse Weather Conditions Except in emergency conditions, the Employer shall not require an employee to work outside under extreme weather conditions.

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