Restoration Time Sample Clauses

Restoration Time. (1) Within fifteen (15) days from the date of any fire or casualty, the Landlord shall obtain from any reputable A.I.A. architect, a certification certifying in his/her opinion the time within which the Leased Property and the reasonable access thereto can be restored and reconstructed under standard building conditions (hereinafter called the “Restoration Time”). Landlord shall deliver such certification to the Tenant, and in the event the damages be so substantial the Leased Property cannot be restored within one hundred twenty (120) days from the date of Landlord’s receipt of the insurance proceeds, from such fire or casualty, based on the certified Restoration Time hereinabove referred to, then, in that event, either the Landlord or the Tenant shall have the right (a) within thirty (30) days after receipt of such notice to advise the other that it elects to terminate the Lease; or (b) that it requires Landlord to prosecute restoration of the Leased Property in the manner hereinafter provided. In the event the Landlord or Tenant shall elect to terminate the Lease, Tenant shall surrender the Leased Property forthwith provided that is shall continue to pay pro rata net annual Base Rent and additional rent for any portion of the Leased Property which it continues to occupy and conduct business from pending such surrender of the Leased Property.
Sample 1
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Restoration Time. Time between the moment a ticket is issued and the moment the selected tenderer informs by mail or fax that the service is fully restored (operational). A service can only be considered as operational if the link between the LCE and the NTE (LNI) is seen as “up” by the LCE on each side of the link, and that traffic can flow over the link. This does not take into account the time needed to do any operation on the part of the Institution in order to restore the traffic flow. Call back time: Time between the moment a ticket is issued and the first call back from the selected tenderer to the Institution. The first call-back should acknowledge the incident; give a first level diagnostic and an estimate of the time at which the service will be restored. Delivery time: Time between the moment of reception of an official and duly completed order form and the moment the service is ready to be used by the Institution. A duly completed form must bear the signature of the two parties (cf. Ordering process). Normal Working Hour (NWH): From Monday to Friday, 8H00 – 19H00.
Sample 1
Restoration Time. ‌ The restoration time commences when a fault report is received and ends when functionality has been restored. Functionality is deemed to have been restored when the connected systems are able to operate and the service is available again. The restoration time cannot be guaranteed. The support organisation attempts, following an initial analysis, to make a qualified statement about the expected restoration time.
Sample 1
Restoration Time. Landlord's good faith estimation of the ---------------- period of time to repair all damage and destruction to the Premises other than damage to Tenant's trade fixtures, equipment, merchandise, Tenant Improvements or other Alterations, including the estimated period of time to obtain insurance proceeds and all governmental permits necessary to perform such repairs, is herein called the "Estimated Restoration Time." Landlord's determination of the Estimated Restoration Time shall be made in good faith and shall be conclusive for purposes of this Paragraph 15.
Sample 1
Restoration Time. The Restoration Time is defined as the time interval between reporting and resolution of the Incident. The agreed functionality of the affected Service shall be restored within the Service Level for the Restoration Time. Planned Downtime: Planned down time is the time period within Service Time during which Service is not available due to maintenance work. Time window for the maintenance work is to be mutually agreed between Exponentia and Customer in advance. If Planned Downtime is exceeding agreed time window, the Planned Downtime shall be immediately requalified as Unplanned Downtime. Incident: Any unplanned interruption to the Service or reduction in the quality of the service. Service Time: The Service Time is defined as the time period within which Exponentia provides its agreed Services in accordance with the agreed Service Levels. Incidents occurring in the respective Services are corrected as per the Service Time.
Sample 1
Restoration Time. The restoration time is the period within the down time from when an incident is initiated (including automatic opening) up to elimination of the incident or provision of an appropriate workaround. The closure of an incident is subject to the following conditions:  xxxxx informs the customer about the successful elimination of the incident (also in an automated manner).  The restoration is suspended from the point when xxxxx notifies the customer of the elimination of the incident.  If the elimination of the incident is confirmed by the customer, the incident will be deemed closed.  If, within 14 days after xxxxx has notified the customer of the elimination of the incident, the customer declares that the incident - contrary to xxxxx' notification - has not been eliminated from the customer's point of view, the restoration time shall continue from the date of receipt of the customer's declaration.  If, within a period of 14 days after xxxxx has notified the customer of the elimination of the incident, the customer neither confirms the elimination of the incident nor declares that the incident has not been eliminated, the incident will be deemed eliminated by xxxxx.
Sample 1
Restoration Time. 3.4.1 Restoration time for services in the availability categories "NR" and "HR" The following times are specified during administrative hours for restoration of an undisturbed operating status for services in the availability categories "NR" and "HR": Incident priority 1 2 3 4 Restoration time ≤ 8 hours ≤ 16 hours ≤ 9 work days* ≤ 21 work days*
Sample 1
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Restoration Time the time interval from when the Customer notifies the TOMIA GSOC about a problem, until a workaround is established.
Sample 1

Related to Restoration Time

  • Restoration The following provisions shall apply in connection with the Restoration of the Property:

  • Capital Account Restoration No Limited Partner shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Partnership. The General Partner shall be obligated to restore any negative balance in its Capital Account upon liquidation of its interest in the Partnership by the end of the taxable year of the Partnership during which such liquidation occurs, or, if later, within 90 days after the date of such liquidation.

  • Notice; Restoration If the Property is damaged or destroyed, in whole or in part, by fire or other casualty (a “Casualty”), Borrower shall give prompt notice thereof to Lender. Following the occurrence of a Casualty, Borrower, regardless of whether insurance proceeds are available, shall promptly proceed to restore, repair, replace or rebuild the Property in accordance with Legal Requirements to be of at least equal value and of substantially the same character as prior to such damage or destruction.

  • No Deficit Restoration No Member shall be personally liable for a deficit Capital Account balance of that Member, it being expressly understood that the distribution of liquidation proceeds shall be made solely from existing Company assets.

  • Surrender/Restoration Lessee shall surrender the Premises by the end of the last day of the Lease term or any earlier termination date, clean and free of debris and in good operating order, condition and state of repair, ordinary wear and tear excepted. Ordinary wear and tear shall not include any damage or deterioration that would have been prevented by good maintenance practice or by Lessee performing all of its obligations under this Lease. Except as otherwise agreed or specified herein, the Premises, as surrendered, shall include the Alterations and Utility Installations. The obligation of Lessee shall include the repair of any damage occasioned by the installation, maintenance or removal of Lessee's Trade Fixtures, furnishings, equipment, and Lessee-Owned Alterations and Utility Installations, as well as the removal of any storage tank installed by or for Lessee, and the removal, replacement, or remediation of any soil, material or ground water contaminated by Lessee, all as may then be required by Applicable Requirements and/or good practice. Lessee's Trade Fixtures shall remain the property of Lessee and shall be removed by Lessee subject to its obligation to repair and restore the Premises per this Lease.

  • Repair and Restoration If the Mortgaged Property can be repaired or restored to substantially the same condition as existed prior to the event causing such damage or destruction, or the effect of the combination can be relieved so that the status of the Mortgaged Property will be restored to substantially the same status as existed prior to the event causing such condemnation, without, in either case, jeopardizing repayment of the principal of and interest on the Indebtedness, and Grantor elects to repair and restore the Mortgaged Property, the Proceeds will be deposited with the Beneficiary and held in a special escrow account of the Beneficiary to be applied to repair, replace, or improve the Mortgaged Property. Proceeds held in such escrow account held by the Beneficiary shall be disbursed by the Beneficiary for the repair, replacement, or improvement of the Mortgaged Property upon receipt by the Beneficiary from the Grantor of (A) an architect's certificate with each draw submitted by Grantor stating that the repairs, replacements, or improvements completed through the date of such draw are practical and necessary, have been completed in accordance with plans and specifications previously provided to the Beneficiary, and that such repairs, replacements, or improvements comply with all applicable statutes, codes, and regulations; (B) a certificate stating that sufficient moneys are available to cause such repair, restoration, replacements, or improvements; (C) requisitions and certificates from the Grantor in the form reasonably acceptable to the Beneficiary; (D) applicable lien waivers; and (E) an endorsement to the title insurance policy insuring the continued priority of the lien of this Mortgage. The Beneficiary shall retain ten percent (10%) of the requested disbursements to be disbursed upon final completion of the repairs, replacements, or improvements as certified by an independent architect and receipt of waivers of liens and an endorsement to the title policy for the Mortgaged Property insuring the continued priority of the lien of this Mortgage. If at any time during the restoration, the Proceeds are less than the estimated cost to repair the Mortgaged Property, the Grantor shall pay an amount equal to the shortfall. The Grantor may rely upon the advice of architects, engineers, accountants, financial consultants, attorneys, or other experts selected by it in the foregoing matters. Any Proceeds in excess of the amount required to repair and restore the Mortgaged Property under this Alternative A, at the direction of the Grantor, shall either be used to prepay the Indebtedness or disbursed to the Grantor.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Tax Periods Beginning Before and Ending After the Closing Date The Company or the Purchaser shall prepare or cause to be prepared and file or cause to be filed any Returns of the Company for Tax periods that begin before the Closing Date and end after the Closing Date. To the extent such Taxes are not fully reserved for in the Company’s financial statements, the Sellers shall pay to the Company an amount equal to the unreserved portion of such Taxes that relates to the portion of the Tax period ending on the Closing Date. Such payment, if any, shall be paid by the Sellers within fifteen (15) days after receipt of written notice from the Company or the Purchaser that such Taxes were paid by the Company or the Purchaser for a period beginning prior to the Closing Date. For purposes of this Section, in the case of any Taxes that are imposed on a periodic basis and are payable for a Taxable period that includes (but does not end on) the Closing Date, the portion of such Tax that relates to the portion of such Tax period ending on the Closing Date shall (i) in the case of any Taxes other than Taxes based upon or related to income or receipts, be deemed to be the amount of such Tax for the entire Tax period multiplied by a fraction the numerator of which is the number of days in the Tax period ending on the Closing Date and the denominator of which is the number of days in the entire Tax period (the “Pro Rata Amount”), and (ii) in the case of any Tax based upon or related to income or receipts, be deemed equal to the amount that would be payable if the relevant Tax period ended on the Closing Date. The Sellers shall pay to the Company with the payment of any taxes due hereunder, the Sellers’ Pro Rata Amount of the costs and expenses incurred by the Purchaser or the Company in the preparation and filing of the Tax Returns. Any net operating losses or credits relating to a Tax period that begins before and ends after the Closing Date shall be taken into account as though the relevant Tax period ended on the Closing Date. All determinations necessary to give effect to the foregoing allocations shall be made in a reasonable manner as agreed to by the parties.

  • Insurance Casualty Condemnation Restoration SECTION 8.1. INSURANCE SECTION 8.2. CASUALTY SECTION 8.3. CONDEMNATION SECTION 8.4. RESTORATION

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