Reduction in Space Sample Clauses

Reduction in Space. After space has been confirmed and accepted, a reduction in space is considered a cancellation and will be governed by the same policies as outlined below. Reduction in space can result in relocation of exhibit space at the discretion of SPE.
Sample 1Sample 2Sample 3See All (12)
AutoNDA by SimpleDocs
Reduction in Space. After Exhibit Space has been confirmed and accepted, a reduction in Exhibit Space is considered a cancellation and will be governed by the same policies as outlined below. Reduction in Exhibit Space can result in relocation of Exhibit Space at the discretion of OTC.
Sample 1Sample 2Sample 3See All (5)
Reduction in Space. If the Concessionaire determines that the use of any portion of the space included in the Premises and the Ready-Return Spaces is not economically feasible for the operation of the concession, the Concessionaire may, at the discretion of the State, reduce the space at the location. However, the Concessionaire first must be able to demonstrate to the State's satisfaction that discontinuance of a portion of the space is in the State's best interest. The State may require the Concessionaire to provide financial, statistical, and other data to support the Concessionaire's request for space reduction. Although the State may agree to reduce the space, the fees will remain the same.
Sample 1
Reduction in Space. Upon no less than SIX (6) months prior written notice to the Landlord, the Tenant will have the right to reduce the size of the Premises by up to a maximum of twenty percent (20%) of the Rentable Area of the Premises as of the Commencement Date. The parties agree that, on any such reduction in the size of the Premises, the definition of “Premises” will be amended to reflect the reduced size of the Premises and the Rent and all other charges will be adjusted on a pro rata basis to reflect the reduction in area of the Premises at the same annual rate per square foot as is applicable during the then current Term. In connection with any reduction in the size of the Premises pursuant to this clause 13.2, the parties will execute and deliver, at the request of either party, an agreement amending this Lease to confirm the surrender of the applicable portion of the Premises and to make all necessary ancillary amendments to this Lease. In connection with any space surrendered by the Tenant pursuant to this clause, the Tenant will be subject to the obligations under clause 11.4; however, notwithstanding clause 8.2, Tenant will be responsible for all reasonable costs which the Landlord is required to incur in order to restore the surrendered portion of the Premises to a condition which is suitable in order for the Landlord to be able to market such surrendered portion of the Premises to a new tenant.
Sample 1

Related to Reduction in Space

  • Reduction in Hours Any reduction in regularly assigned time shall be considered a layoff under the provisions of this Article.

  • REDUCTION IN WORKFORCE 16.01 The employer will layoff employees in reverse order of seniority within the classification provided those retained have the ability to do the work. No new employee will be hired until all those qualified employees with recall rights have been given the opportunity to return to work and have failed to do so.

  • REDUCTION IN STAFF 15.1 Procedure According to provisions of Missouri Statute 168.124, the Board of Education may place on leave of absence as many teachers as necessary because of decrease in enrollment, school district reorganization, or financial conditions. Whenever the Board anticipates a reduction in teaching staff, the superintendent or his/her designee will notify the officials of the Association concerning the anticipated reduction in the teaching staff. A meeting between the Association officials and the superintendent or his/her designee will be scheduled for purposes of discussing the proposed reduction in staff within two weeks (2) following the above notification. Individual teachers will not be contacted prior to the above meeting. In placing teachers on leave, the Board shall be governed by the following provisions:

  • Reduction in Scope of the Project 16.6.1 If the Concessionaire shall have failed to complete any Construction Works on account of Force Majeure or for reasons solely attributable to the Authority, the Authority may, in its discretion, require the Concessionaire to pay 80% (eighty percent) of the sum saved therefrom, and upon such payment to the Authority, the obligations of the Concessionaire in respect of such works shall be deemed to have been fulfilled. For the avoidance of doubt, it is agreed that in the event such reduction in Scope of the Project causes or will cause a reduction in net after-tax return of the Concessionaire, the Parties shall meet, as soon as reasonably practical, and agree on a full or partial waiver of the aforesaid payment of 80% (eighty per cent) so as to place the Concessionaire in the same financial position as it would have enjoyed had there been no reduction in Scope of the Project. It is further agreed that the liability of the Authority under this Clause 16.6 shall not extend beyond waiver of the aforesaid 80% (eighty per cent). It is also agreed that in the event of a dispute, the Dispute Resolution Procedure shall apply.

  • REDUCTION IN WORK FORCE 19.01 In the event of a reduction in the work force, regular employees shall be laid off in reverse order of seniority, provided that there are available employees with greater seniority who are qualified and willing to do the work of the employees laid off.

  • REDUCTION IN FORCE It is understood and agreed that in addition to the above designated and related duties, full-time professional staff shall participate fully in the activities of institutional councils and/or committees. The employment status of the Employee shall be as follows: Executive/Managerial Appointment , not subject to tenure. Professional/Managerial Appointment , not subject to tenure. Other conditions of Employment:

  • Vacating Premises (i) If the Assuming Bank elects not to purchase any owned Bank Premises, the notice of such election in accordance with Section 4.6(a) shall specify the date upon which the Assuming Bank's occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Bank's notice not to exercise such option. The Assuming Bank promptly shall relinquish and release to the Receiver such premises and the Furniture and Equipment and Fixtures located thereon in the same condition as at Bank Closing, normal wear and tear excepted. By occupying any such premises after the expiration of such ninety (90)-day period, the Assuming Bank shall, at the Receiver's option, (x) be deemed to have agreed to purchase such Bank Premises, and to assume all leases, obligations and liabilities with respect to leased Furniture and Equipment and leased Fixtures located thereon and any ground lease with respect to the land on which such premises are located, and (y) be required to purchase all Furniture and Equipment and Fixtures owned by the Failed Bank and located on such premises as of Bank Closing.

  • Open Space Acquisitions within the PPA. The County agrees that for the term of this IGA it will not purchase or otherwise acquire any land within the PPA for open space purposes, including conservation easements and transfer of development right sending sites without the approval of the Town.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!