Reservation of Property Sample Clauses

Reservation of Property. The parties understand and agree that upon execution of this Agreement, Seller shall cease all marketing efforts related to the Property and all negotiations with other potential purchasers of the Property.
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Reservation of Property. 8.1 The goods delivered remain our property (proviso goods) until all claims of the mutual total business relationship have been fulfilled, irrespective of which legal reason, even if pay- ments have been made for especially indicated claims. In case of unsettled invoices the pro- viso property remains as a security for our balance claim. If the cheque-draft-procedure is carried out between us and the buyer, the retention of title remains as long as we are no longer legally bound by the draft. The same is valid for other contingency obligations, which we enter into for the buyer. 8.2 Processing and mixing of the proviso goods occur for us as producer in the sense of § 950 BGB (Civil Code) without obligating us. The processed and mixed material is considered as proviso goods in the sense of 4.1
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Reservation of Property. It is hereby understood and agreed that the ownership of the products shall pass to the Purchaser only upon the full and complete payment of the price and of any sums due to the Seller howsoever and whatsoever arising from or in connection with the products. For avoidance of any doubt, in case the price shall be paid in whole or in part after the delivery of the products, such products shall remain in the Seller’s sole and exclusive property and rights until the full and complete payment of the price by the Purchaser. In this respect, the Purchaser shall undertake to:
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Reservation of Property. To the extent applicable under local law, property, legal or beneficial, in the Hardware will not pass to the VAR until ECHELON has received full payment in cleared funds for all sums owing to ECHELON on any account. Until property passes to VAR, the Hardware shall be held by the VAR as ECHELON’s fiduciary agent and bailee, the VAR shall keep the Hardware identified as ECHELON’s property, and at the VAR’s expense, on request by ECHELON, immediately return the Hardware or permit ECHELON’s representatives to enter the VAR’s premises and repossess such Hardware.
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Reservation of Property. All goods remain the property of icotek Limited until all the conditions of sale have been observed and payment made in full. The buyer agrees that icotek Limited and its servants and agents shall have the right of entry to the premises of the buyer or its successors and assigns to exercise any rights of the seller under these conditions and the buyer agrees to obtain the consent of such entry and repossession by any third party having possession of the goods. The right is also reserved to insure goods supplied against fire, water and such other damages as may be appropriate at the expense of the buyer.
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Reservation of Property. 9.1 All products deliver by Plastic Company remain property of Plastic Company until the opposing party has met all of its obligations from the agreement with Plastic Company. 9.2 For the implementation of the agreement, Plastic Company uses crates, rigs, and other means. Unless ex- plicitly agreed otherwise in writing, these crates, rigs, and other means remain property of Plastic Company. Plastic Company accepts no responsibility whatsoever for crates, rigs, and other means that are not its property. Plastic Company lets out the crates, rigs, and other means to the opposing party. The duration of this letting agreement is equal to the duration of the agreement of the assignment.
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Reservation of Property. While this Preliminary Agreement is in effect, the Owner will not make any agreement to sell the Property to any other person, unless it is an agreement that is conditional upon the failure of the Owner and the Purchaser to execute an Agreement for Sale & Purchase in respect of the Property within the time specified below.
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Reservation of Property. From and after the Effective Date, Seller shall not continue to market the Property and/or to negotiate with other potential purchasers of the Property unless this Agreement is terminated prior to Closing, if at all.
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Reservation of Property. Pursuant to the law of 12 May 1980 on retention of title, confirmed by the law of 25 January 1985, all sales of the Shipyard are concluded with retention of title. As a result, the transfer to the Purchaser of the bare ownership of the Products sold is acquired as and when the installments paid by the Purchaser, for the level of completion associated with the down payment. The entire property is suspended to full payment of the price in principal and accessories. In case of definitive incapacity of the Shipyard to complete the works, the entire ownership of the Products sold is acquired for the level of completion actually paid. This clause does not modify the transfer of risks of the delivered products as defined in paragraph 11 hereof.
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Related to Reservation of Property

  • Preservation of Property Bank shall not be bound to take any steps necessary to preserve any rights in any property pledged as collateral to Bank to secure Borrower and/or Guarantor's Liabilities and Obligations as against prior parties who may be liable in connection therewith, and Borrower and Guarantor hereby agree to take any such steps. Bank, nevertheless, at any time, may (a) take any action it deems appropriate for the care or preservation of such property or of any rights of Borrower and/or Guarantor or Bank therein; (b) demand, sue for, collect or receive any money or property at any time due, payable or receivable on account of or in exchange for any property pledged as collateral to Bank to secure Borrower and/or Guarantor's Liabilities to Bank; (c) compromise and settle with any person liable on such property; or (d) extend the time of payment or otherwise change the terms of the Loan Documents as to any party liable on the Loan Documents, all without notice to, without incurring responsibility to, and without affecting any of the Obligations or Liabilities of Guarantor.

  • Operation of Property (a) Borrower shall not cause or permit Mortgage Borrower to, without Lender’s prior consent: (i) surrender, terminate or cancel (or permit to be surrendered, terminated or canceled) any of the Operating Leases (other than in connection with a sale and release of an Individual Property permitted hereunder), or exercise any remedies under any of the Operating Leases; (ii) reduce or consent to the reduction of (or permit the reduction or the consent to the reduction) of the term of any of the Operating Leases or any Operating Lease Guaranty; (iii) decrease or consent to any decrease (or permit to be decreased or the consent to the decrease) of the amount of any rent or other charges payable under any of the Operating Leases; (iv) Transfer, convey, assign, sell, mortgage, encumber, pledge, hypothecate, grant a security interest in, grant an option or options with respect to, or otherwise dispose of (directly or indirectly, voluntarily or involuntarily, by operation of law or otherwise, whether or not for consideration) the Properties or any collateral for the Mortgage Loan (or permit Operating Company to do so), in each case without the prior written consent of Lender or except as expressly permitted in Section 5.1.20 or Section 5.2.10, or (v) otherwise modify, change, supplement, alter or amend, or waive or release (or permit to be modified, changed, supplemented, altered, amended, waived or released) any of the rights and remedies of Borrower, Mortgage Borrower or any Operating Company under any of the Operating Leases in any material respect or any Operating Lease Guaranty (provided that Lender shall not unreasonably withhold its consent to any modification, change, supplement, alteration, amendment, waiver or release of the Operating Lease as may be reasonably necessary to comply with the requirements of this Agreement or any other Loan Document). (b) During the continuance of an Event of Default, Borrower shall not exercise (and shall not cause or permit Mortgage Borrower to exercise) any rights, make any decisions, grant any approvals or otherwise take any action under any Operating Lease, Operating Lease Guaranty or any Management Agreement without, in each instance, the prior written consent of Lender, which consent may be withheld in Lender’s sole discretion.

  • Condition of Property Seller or the originator of the Mortgage Loan inspected or caused to be inspected each related Mortgaged Property within six months of origination of the Mortgage Loan and within twelve months of the Cut-off Date. An engineering report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more than twelve months prior to the Cut-off Date. To Seller’s knowledge, based solely upon due diligence customarily performed in connection with the origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free and clear of any material damage (other than (i) deferred maintenance for which escrows were established at origination and (ii) any damage fully covered by insurance) that would affect materially and adversely the use or value of such Mortgaged Property as security for the Mortgage Loan.

  • Inspection of Property The Borrower and each of its Subsidiaries will keep proper books and records in accordance with GAAP and will permit reasonable examinations of its books and records and reasonable inspections of its property (subject to reasonable procedures relating to safety and security), accompanied by personnel of the Borrower, by the Administrative Agent and any Lender and/or their respective accountants or other professional advisers; provided that such examinations and inspections (a) will occur not more frequently than once in any calendar year, with reasonable efforts to make combined visits (unless a Default or an Event of Default has occurred and is continuing in which case such examinations may occur as frequently as reasonably determined by the Administrative Agent or any Lender, with no obligation to combine visits), (b) will be at the sole expense of the Administrative Agent and/or requesting Lender, as the case may be (unless a Default or an Event of Default has occurred and is continuing in which case such examinations will be at the expense of the Borrower), (c) will be undertaken at reasonable times following the provision of written notice in advance to the Borrower, and (d) will not unduly interfere with the operations or management of the Borrower’s business. Notwithstanding anything set forth herein to the contrary, under no circumstances shall the Borrower or any Subsidiary be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion of, any document, information or other matter (i) that constitutes non−financial trade secrets or non-financial confidential proprietary information, (ii) in respect of which disclosure to the Administrative Agent or any Lender (or their respective Affiliates, representatives, contractors, accountants or other professionals) is prohibited by any Governmental Rule or binding confidentiality agreement with a Person that is not an Affiliate of the Borrower and that was not entered into in contemplation of this Agreement, (iii) that is subject to attorney−client or similar privilege or constitutes attorney work product, or (iv) in the case of any discussions with accountants, only if the Borrower has been given the opportunity to participate in the discussions.

  • Protection of Property Seller assumes, and shall ensure that all subcontractors thereof and their respective employees assume, the risk of loss or destruction of or damage to any property of such parties whether owned, hired, rented, borrowed or otherwise, brought to a facility owned or controlled by Buyer or Buyer’s customer. Seller waives, and shall ensure that any subcontractor thereof and their respective employees waive, all rights of recovery against Buyer, its subsidiaries and their respective directors, officers, employees and agents for any such loss, destruction or damage. At all times Seller shall, and ensure that any subcontractor thereof shall, use suitable precautions to prevent damage to Buyer's property. If any such property is damaged by the fault or negligence of Seller or any subcontractor thereof, Seller shall, at no cost to Buyer, promptly and equitably reimburse Buyer for such damage or repair or otherwise make good such property to Buyer’s satisfaction. If Seller fails to do so, Buyer may do so and recover from Seller the cost thereof.

  • Restoration of Property In the event Railroad authorizes Contractor to take down any fence of Railroad or in any manner move or disturb any of the other property of Railroad in connection with the work to be performed by Contractor, then in that event Contractor shall, as soon as possible and at Contractor's sole expense, restore such fence and other property to the same condition as the same were in before such fence was taken down or such other property was moved or disturbed. Contractor shall remove all of Contractor's tools, equipment, rubbish and other materials from Railroad's property promptly upon completion of the work, restoring Railroad's property to the same state and condition as when Contractor entered thereon.

  • Condition of Properties All facilities, machinery, equipment, fixtures and other properties owned, leased or used by the Company are in reasonably good operating condition and repair, subject to ordinary wear and tear, and are adequate and sufficient for the Company’s business.

  • Acquisition of Property The Contractor shall document that all property was acquired consistent with its engineering, production planning, and property control operations.

  • Possession of Property Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

  • Operation of Properties The Borrower will and will cause each Subsidiary to operate its Properties or cause such Properties to be operated in a careful and efficient manner in accordance with the practices of the industry and in compliance with all applicable contracts and agreements and in compliance in all material respects with all Governmental Requirements.

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