Loan for use Sample Clauses

Loan for use. (where applicable) 5.1. The Sponsor grants on gratuitous loan to the Entity, which accepts pursuant to and for the purposes of articles 1803 et seq. of the Italian Civil Code, the Instruments described below, together with the relevant material for use (hereinafter cumulatively the “Instrument”) ________ (description of the asset and corresponding value in Euro). The ownership of the Instrument, as by law, is not transferred to the Entity. The effects of this loan shall commence from the date of delivery of the Instruments and shall cease at the end of the Trial, when the Instruments shall be returned to the Sponsor at no cost to the Entity. The Parties also agree that any additional Instruments deemed necessary for the conduct of the study during the course of the Trial, should the characteristics and conditions thereof be met, shall be granted on gratuitous loan for use in accordance with the provisions of this Agreement. The Entity and the Sponsor shall proceed with a specific loan agreement, or with an addendum/amendment to the Agreement, if the Instruments are provided after the conclusion of the present Agreement. 5.2. It is required that the Instruments supplied have such characteristics, and in particular are configured to comply with the following requirements: • physical encryption of hard disks or, where this is not possible, provision of the device for • remote locking and logical encryption of files; • installation of antivirus with an active licence; • access to the Instruments via password authentication; • operating system with active support for updates/patches. The Instruments in question must be provided with a declaration of conformity with European standards and directives. The Instrument(s) in question will be subjected to acceptance testing if the instrument has direct action on the patient or on other machinery present in the Entity by the technicians appointed by the Entity, in the presence of a delegate of the Sponsor, subject to prior agreement, for verification of correct installation and functionality and compliance with current regulations. At the time of delivery of the materials supplied on loan for use by the Sponsor to the Entity, suitable documentation shall be drawn up to certify the delivery. 5.3. The Sponsor shall be responsible for the transport and installation of the Instruments and undertakes to provide, at its own expense, the technical assistance necessary for its operation as well as any consumables for its use,...
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Loan for use. 5.1 The Sponsor grants on loan free use to the Institution, which accepts pursuant to and for the purposes of articles 1803 and following of the Italian Civil Code, the Equipment better described below, together with the relevant material for use (hereinafter cumulatively “the Equipment”) (description of the asset and corresponding value in Euros). Ownership of the Equipment, as per law, is not transferred to the Institution. The effects of this loan will start from the date of delivery of the Equipment and cease at the end of the clinical investigation, when the Equipment must be returned to the Sponsor at no additional cost to the Institution. The Parties also agree that any additional Equipment deemed necessary for conducting the study during the clinical investigation, if its characteristics and conditions are met, will be granted on loan free of charge in accordance with the discipline set out in this Agreement. The Institution and the Sponsor will proceed with a specific agreement or with an addendum/amendment to the Contract, relating to the loan, if the Equipment is provided after the conclusion of this Agreement. 5.2 (Where applicable) It is required that the Equipment supplied meets the following requirements: - physical encryption of hard disks or, if not possible, predisposition of the device for remote blocking and logical encryption of files; - installation of active-licensed antivirus; - access to the Equipment via password authentication; - operating system with active support for updates/patches. The Equipment must be accompanied by a declaration of compliance with European regulations and directives. The Equipment will be subjected to acceptance testing by the technicians appointed by the Institution, in the presence of a delegate of the Sponsor, by prior agreements, for the verifications of correct installation and functionality and compliance with current legislation. At the time of delivery of the equipment supplied on loan for use by the Sponsor to the Institution, appropriate documentation is drawn up attesting the delivery. 5.3 The Sponsor assumes responsibility for the transport and installation of the Equipment and undertakes to provide, at its own expense, the technical assistance necessary for their operation as well as any consumables for their use, at no cost to the Institution. 5.4 In accordance with the provisions of the Technical Manual of the Equipment, the Sponsor will carry out, at his own expense, in collaboration with ...

Related to Loan for use

  • Master Use The Licensor hereby grants to Licensee a non-exclusive license (this "License) to record vocal synchronization to the Composition partly or in its entirety and substantially in its original form ("Master Recording")

  • Residential Use Use the Apartment for residential purpose only. Under no circumstances shall the Allottee use or allow the Apartment to be used for commercial, industrial or other non-residential purposes. The Allottee shall also not use or allow the Apartment to be used as a religious establishment, hotel, guesthouse, service apartment, mess, hostel, boarding house, restaurant, nursing home, club, school or other public gathering place.

  • Application to Master Agreement For the avoidance of doubt, Clause 21.5 does not apply in respect of sums due from the Borrower to the Swap Bank under or in connection with the Master Agreement as to which sums the provisions of section 8 (Contractual Currency) of the Master Agreement shall apply.

  • Data Use Each party may use Connected Account Data in accordance with this Agreement and the consent (if any) each obtains from each Connected Account. This consent includes, as to Stripe, consent it receives via the Connected Account Agreement.

  • Description of the Underwriting Agreement This Agreement conforms in all material respects to the description thereof contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Application to Term Loans With respect to each prepayment of Term Loans required by Section 5.2(a), the Borrower may, if applicable, designate the Types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made; provided, that if any Lender has provided a Rejection Notice in compliance with Section 5.2(f), such prepayment shall be applied with respect to the Term Loans to be prepaid on a pro rata basis across all outstanding Types of such Term Loans in proportion to the percentage of such outstanding Term Loans to be prepaid represented by each such Class. In the absence of a Rejection Notice or a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.11.

  • Exclusive Use (A) After the Occupancy Date, Lessee expressly agrees and warrants that the Leased Premises will be used exclusively as a Champps Restaurant or other casual dining sit-down restaurant. In any other such case, after obtaining Lessor's prior written consent, such consent not to be unreasonably withheld or delayed, Lessee may conduct any lawful business from the Leased Premises. Lessee acknowledges and agrees that any other use without the prior written consent of Lessor will constitute a default under and a violation and breach of this Lease. Lessee agrees: To open for business within a reasonable period of time after completion of construction of the contemplated Improvements; to operate all of the Leased Premises during the Term or Renewal Terms during regular and customary hours for businesses similar to the permitted exclusive use stated herein, unless prevented from doing so by causes beyond Lessee's control or due to remodeling; and to conduct its business in a professional and reputable manner. (B) If the Leased Premises are not operated as a Champps Restaurant or other casual dining sit-down restaurant or other permitted use hereunder, or remain closed for thirty (30) consecutive days (unless such closure results from reasons beyond Lessee's reasonable control) and in the event Lessee fails to pay Rent when due or fulfill any other obligation hereunder, then Lessee shall be in default hereunder and Lessor may, at its option, cancel this Lease by giving written notice to Lessee or exercise any other right or remedy that Lessor may have; provided, however, that closings shall be reasonably permitted for replacement of trade fixtures or during periods of repair after destruction or due to remodeling.

  • Notice of Issuance, Amendment, Renewal or Extension To request the issuance of a Letter of Credit (or the amendment, renewal or extension of an outstanding Letter of Credit), the Borrower shall hand deliver or telecopy (or transmit by electronic communication, if arrangements for doing so have been approved by the Issuing Bank) to the Issuing Bank and the Administrative Agent (reasonably in advance of the requested date of issuance, amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall comply with paragraph (d) of this Section), the amount and Currency of such Letter of Credit, whether such Letter of Credit is to be issued under the Dollar Commitments or the Multicurrency Commitments, the name and address of the beneficiary thereof and such other information as shall be necessary to prepare, amend, renew or extend such Letter of Credit. If requested by the Issuing Bank, the Borrower also shall submit a letter of credit application on the Issuing Bank’s standard form in connection with any request for a Letter of Credit. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement submitted by the Borrower to, or entered into by the Borrower with, the Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.

  • Assignment of Rents With reference to any assignment by Landlord of Landlord’s interest in this Lease, or the rents payable hereunder, conditional in nature or otherwise, which assignment is made to the holder of a mortgage or ground lease on property which includes the Premises, Tenant agrees: (a) That the execution thereof by Landlord, and the acceptance thereof by the holder of such mortgage or the ground lessor, shall never be treated as an assumption by such holder or ground lessor of any of the obligations of Landlord hereunder, unless such holder, or ground lessor, shall, by notice sent to Tenant, specifically otherwise elect; and (b) That, except as aforesaid, such holder or ground lessor shall be treated as having assumed Landlord’s obligations hereunder only upon foreclosure of such holder’s mortgage and the taking of possession of the Premises, or, in the case of a ground lessor, the assumption of Landlord’s position hereunder by such ground lessor. In no event shall the acquisition of title to the Building and the land on which the same is located by a purchaser which, simultaneously therewith, leases the entire Building or such land back to the seller thereof be treated as an assumption by such purchaser-lessor, by operation of law or otherwise, of Landlord’s obligations hereunder, but Tenant shall look solely to such seller-lessee, and its successors from time to time in title, for performance of Landlord’s obligations hereunder subject to the provisions of Section 9.3 hereof. In any such event, this Lease shall be subject and subordinate to the lease to such purchaser provided that such purchaser agrees to recognize the right of Tenant to use and occupy the Premises upon the payment of rent and other charges payable by Tenant under this Lease and the performance by Tenant of Tenant’s obligations hereunder and provided that Tenant agrees to attorn to such purchaser. For all purposes, such seller-lessee, and its successors in title, shall be the landlord hereunder unless and until Landlord’s position shall have been assumed by such purchaser-lessor.

  • Commercial Use Use of the Licensed Materials for the purposes of monetary reward (whether by Member Institutions, Authorized Users or Walk-in Users) by means of sale, resale, loan, transfer, hire or other form of commerce. For the avoidance of doubt, recovery of direct costs incurred by the Member Institution in the course of providing access to Authorized Users or Walk-in Users (e.g. printing, photocopying, or administration fee) including inter-library loan, is not deemed to be Commercial Use.

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