SUBSTITUTION PROCEDURES Sample Clauses

SUBSTITUTION PROCEDURES. 2.3.1 Refer to the UGC for requirements not identified in this Section.
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SUBSTITUTION PROCEDURES. (a) If either Landlord or Tenant shall initiate a substitution pursuant to Section 16.1 or 16.2, Landlord shall have a period of thirty (30) days within which to review the designated properties and such additional information and either accept or reject the Substitute Properties so presented, unless Tenant is required by a court order or administrative action to divest or otherwise dispose of the Leased Property within a shorter time period, in which case the time period shall be shortened appropriately to meet the reasonable needs of Tenant, but in no event shall such period be less than five (5) Business Days after Landlord's actual receipt of Tenant's notice (subject to further extension for any period of time in which Landlord is not timely provided with the information provided for in this Section 16.3 and Section 16.4 below). Landlord and Tenant shall use good faith efforts to agree on a Substitute Property.
SUBSTITUTION PROCEDURES. If any of (x) a Defect Substitution Event, (y) a CC Substitution Event (as hereinafter defined) or (z) a Closing Condition Substitution Event (as hereinafter defined) occurs from time to time, Seller may in its sole and absolute discretion elect (with respect to a Defect Substitution Event or a Closing Condition Substitution Event, at any time at or prior to the applicable Closing; with respect to a CC Substitution Event, within ten (10) Business Days of delivering notice of such CC Substitution Event) to retain its interests in such affected Property or Properties (individually, or collectively, as the context may require, the "Affected Property") (for purposes of clarity, notwithstanding anything to the contrary, one Substitute Property may replace more than one Affected Property if the value of the Substitute Property is greater than or equal to such replaced Properties) and, in lieu of transferring such interests to the Company at the Closing, as may be otherwise required by this Agreement, Seller shall deliver to the Company fee simple title (or Sold Interests, as applicable) with respect to such Substitute Property, pursuant to the same terms of this Agreement applicable to any other Property, provided that in the event that title to the Substitute Property is delivered to the Relevant Purchaser in accordance with the foregoing, the Company shall obtain the prior approval of any lender of the Company to release any mortgage or other lien held by such lender on the Substitute Property in exchange for a lien on the Property originally required to be delivered at the Closing Date once such Defect is cured. If the applicable lender does not agree to release such mortgage or other lien, such mortgage or lien shall, at the sole cost and expense of Seller, be prepaid in respect of such Substitute Property. For purposes of this Agreement, "Substitute Property" shall mean a property in the New York tri-state area (v) with a value (or aggregate value, as applicable), mutually agreed upon by Seller and the Relevant Purchasers, that is equal to or greater than that of the Affected Property affected or subject to the applicable Defect Substitution Event, CC Substitution Event or Closing Condition Event, (w) generally consistent with the Properties, (x) having income equal or greater to the amount set forth in the DYNA Model with respect to such Affected Property, (y) having leases that otherwise comply with the applicable DYNA Model, and (z) otherwise acceptable ...
SUBSTITUTION PROCEDURES. (a) If either Landlord or Tenant shall initiate a substitution pursuant to Section 16.1 or 16.2 above, Landlord shall have a period of thirty (30) days within which to review the designated properties and such additional information as may be requested by Landlord and either accept or reject the Substitute Properties so presented, unless Tenant is required by a court order or administrative action to divest or otherwise dispose of the Leased Property within a shorter time period, in which case the time period shall be shortened appropriately to meet the reasonable needs of Tenant, but in no event shall such period be less than ten (10) Business Days after Landlord's actual receipt of Tenant's notice (subject to further extension for any period of time in which Landlord is not timely provided with the information provided for in this Section 16.3 and Section 16.4 below). Landlord and Tenant shall use good faith efforts to agree on a Substitute Property.
SUBSTITUTION PROCEDURES. PART 1 - GENERAL‌
SUBSTITUTION PROCEDURES. 2.3.1 Refer to the UTUGCs for requirements not identified in this Section.
SUBSTITUTION PROCEDURES. 1) A regular driver who wishes to be filled in on a day when s/he has less than his/her scheduled runs, must indicate this in writing to the Supervisor of Transportation at the time of run selection, or by the end of the first week worked when returning from an approved leave of absence.
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SUBSTITUTION PROCEDURES. Each of the parties hereto agrees to use its reasonable endeavors, at the request and expense of GFC (including any legal fees of such party) to take all steps and actions which are necessary or desirable in connection with any Substitution, including:
SUBSTITUTION PROCEDURES. (i) If Tenant shall initiate a substitution pursuant to Section 2.5(a) or 2.5(b), Landlord shall have a period of thirty (30) days within which to review the designated property or properties and such additional information to determine if it conforms to the requirements of Sections 2.5(a), 2.5(b) and 2.5(c).
SUBSTITUTION PROCEDURES. PART 1 -
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