REDELIVERY CONDITIONS Sample Clauses

REDELIVERY CONDITIONS. At the time of its redelivery to Lessor under the Agreement the Aircraft shall, subject to fair wear and tear in accordance with limits under the Maintenance Program, comply with the following conditions:
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REDELIVERY CONDITIONS. (a) Redelivery conditions If the Vessel is to be redelivered pursuant to Clause 44 (Redelivery), in addition to what has been agreed in Clause 44 (Redelivery), the condition of the Vessel shall at redelivery be as follows:
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REDELIVERY CONDITIONS. To the extent permitted by the Sub-lease prevailing at the time, the Lessee shall redeliver the Rig:
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REDELIVERY CONDITIONS. Each Engine shall have the Engine Flight Hours and Engine Flight Cycles remaining to its next expected Engine Performance Restoration as noted in Exhibit P. Following the completion of the acceptance flight pursuant to a Lease aircraft redelivery, GE acknowledges that a complete video borescope inspection of all accessible stages in the engine is required, which may be performed by GE OWS [*****]. If a finding through the borescope inspection results in an unserviceable condition as per the AMM and that finding is required to be fixed through a shop visit, GE will perform services to resolve the condition and ensure the engine meets expected lease return conditions as noted in Exhibit P, and the Engine will meet performance and operating temperature limitations evidenced by full takeoff power assurance runs. No Engine (and no module thereof) shall be (i) “on watch” or subject to special or reduced inspection intervals that would cause the engine not to meet Redelivery Conditions or (ii) exhibit any adverse trends or indicate a rate of acceleration in performance deterioration that is higher than normal based on Manufacturer’s experience, GE and Customer will work to troubleshoot any discrepant condition. Each Engine’s life remaining to its next expected Engine Performance Restoration shall be determined using the Engine Manufacturer’s published data, the environment and operating parameters in which the Engine has been operated, [*****], the period remaining to the incorporation of any Airworthiness Directives issued by the Regulatory Authority or alert (or equivalent) Service Bulletins issued by Engine Manufacturer which would require the splitting of any of that Engine’s modules, and that Engine’s EGT margin, Hour to Cycle ratio, power assurance run results, borescope findings and trend data.
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Related to REDELIVERY CONDITIONS

  • Delivery Condition Subtenant acknowledges that it takes possession of the Subdemised Premises in its “as is” condition, and further acknowledges that Sublandlord has made no representations or warranties of any kind or nature, whether express or implied, with respect to the Subdemised Premises, the remainder of the Premises, the common areas, or the Building, nor has Sublandlord agreed to undertake or perform any modifications, alterations, or improvements to the Subdemised Premises, the remainder of the Premises, the common areas or the Building which would inure to Subtenant’s benefit.

  • Minimum Condition Section 1.1(a).........................................2

  • Buyer’s Conditions The obligations of Buyer at the Closing are subject, at the option of Buyer, to the satisfaction at or prior to the Closing of the following conditions:

  • Seller’s Conditions The obligations of Seller at the Closing are subject, at the option of Seller, to the satisfaction at or prior to the Closing of the following conditions:

  • Settlement Notice Requirements Notwithstanding any other provision hereof, a Settlement Notice delivered by Counterparty that specifies Cash Settlement or Net Share Settlement will not be effective to establish a Settlement Date or require Cash Settlement or Net Share Settlement unless Counterparty delivers to Dealer with such Settlement Notice a representation, dated as of the date of such Settlement Notice and signed by Counterparty, containing (x) the provisions set forth in clause (i) under the heading “Additional Representations and Agreements of Counterparty” in Paragraph 7(e) below and (y) a representation from Counterparty that neither Counterparty nor any of its subsidiaries has applied, and shall not until after the first date on which no portion of the Transaction remains outstanding following any final exercise and settlement, cancellation or early termination of the Transaction, apply, for a loan, loan guarantee, direct loan (as that term is defined in the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”)) or other investment, or receive any financial assistance or relief under any program or facility (collectively “Financial Assistance”) that (I) is established under applicable law (whether in existence as of the Trade Date or subsequently enacted, adopted or amended), including without limitation the CARES Act and the Federal Reserve Act, as amended, and (II) (X) requires under applicable law (or any regulation, guidance, interpretation or other pronouncement of a governmental authority with jurisdiction for such program or facility) as a condition of such Financial Assistance, that Counterparty comply with any requirement not to, or otherwise agree, attest, certify or warrant that it has not, as of the date specified in such condition, repurchased, or will not repurchase, any equity security of Issuer, and that it has not, as of the date specified in the condition, made a capital distribution or will make a capital distribution, or (Y) where the terms of the Transaction would cause Counterparty under any circumstances to fail to satisfy any condition for application for or receipt or retention of the Financial Assistance (collectively “Restricted Financial Assistance”), other than any such applications for Restricted Financial Assistance that were (or would be) made (x) determined based on the advice of outside counsel of national standing that the terms of the Transaction would not cause Counterparty to fail to satisfy any condition for application for or receipt or retention of such Financial Assistance based on the terms of the program or facility as of the date of such advice or (y) after delivery to Dealer evidence or other guidance from a governmental authority with jurisdiction for such program or facility that the Transaction is permitted under such program or facility (either by specific reference to the Transaction or by general reference to transactions with the attributes of the Transaction in all relevant respects).

  • Vendor’s Conditions The obligations of the Vendors to complete the transactions contemplated by this Agreement shall be subject to the satisfaction of, or compliance with, at or before the Closing Time, each of the following conditions precedent (each of which is hereby acknowledged to be inserted for the exclusive benefit of the Vendor and may be waived by the Vendor in whole or in part);

  • Delivery Dates If the due date of any notice, certificate or report required to be delivered by the Manager hereunder falls on a day that is not a Business Day, the due date for such notice, certificate or report shall be automatically extended to the next succeeding day that is a Business Day.

  • Offer Conditions “Offer Conditions” is defined in Section 1.1(b) of the Agreement.

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Conditions for Advance and Conditions to Closing Section 7.1

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