SubstitutionofConcessionaire Sample Clauses

SubstitutionofConcessionaire. At any time during the period of Suspension, the Lenders’ Representative, on behalf of Senior Lenders,shallbeentitledtosubstitutetheConcessionaireunderandinaccordancewiththeSubstitutionAgreem ent,anduponreceipt of notice there underfrom the Lenders’ Representative,the Authorityshall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the dateof Suspension, and any extension thereof under Clause 30.1, forenabling the Lenders’ Representativetoexerciseitsrights ofsubstitutiononbehalfofSeniorLenders.
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Related to SubstitutionofConcessionaire

  • Substitution of Concessionaire At any time during the period of Suspension, the Lenders‟ Representative, on behalf of Senior Lenders, shall be entitled to substitute the Concessionaire under and in accordance with the Substitution Agreement, and upon receipt of notice thereunder from the Lenders‟ Representative, the Authority shall withhold Termination for a period not exceeding 180 (one hundred and eighty) days from the date of Suspension, and any extension thereof under Clause 36.1, for enabling the Lenders‟ Representative to exercise its rights of substitution on behalf of Senior Lenders.

  • Sole purpose of the Concessionaire The Concessionaire having been set up for the sole purpose of exercising the rights and observing and performing its obligations and liabilities under this Agreement, the Concessionaire or any of its subsidiaries shall not, except with the previous written consent of the Authority, be or become directly or indirectly engaged, concerned or interested in any business other than as envisaged herein.

  • Substitution of Equipment In the event the Computer is inoperable, ASL has a limited number of spare laptops for use while the Computer is being repaired or replaced. This agreement remains in effect for such a substitute. The Student may NOT opt to keep a broken Computer or to avoid using the Computer due to loss or damage.

  • SECTION 907 - VEHICLE CONFIGURATIONS AND RESTRICTIONS The SADT on the section shall be understood to be 1,500.

  • Equipment Rental Copies of rental agreements for the equipment used, including the rental rate; and the number of hours the equipment was used on the project.

  • Equipment and Vehicle Parking Company will ensure that all equipment, including but not limited to, vehicles owned or operated by Company, its vendors and/or contractors, will not be parked in a manner that interferes in any way with any operations at the Airport. Company’s equipment and vehicles and those of its vendors and/or contractors will be parked in designated parking areas as provided by Authority. No vehicle shall access the AOA unless directly related to Company’s business operations. All vehicles driven, escorted, or parked on the AOA must meet Authority’s insurance requirements and any other applicable Authority Rules and Regulations and security requirements. All vehicles, including those of Company’s Parties, excluding escorted vehicles, accessing the AOA must bear Company’s identification on both sides of the vehicle which should be identifiable from a distance of fifty (50) feet. Company must also display Authority’s logo decal. Information regarding vehicle access to the AOA is available from Authority’s Badging Office. All persons accessing the AOA must adhere to Authority’s SIDA training, Airport Security Program, and TSA regulations. Company will verify that its Company Parties who operate motorized vehicles on Airport property have a valid driver’s license. Company will provide evidence in writing of such verification within fifteen (15) days’ of written request by Authority. If Company fails to provide verification or if Company’s Party is found to be driving on Airport property without a valid driver’s license, Authority will revoke the offending driver’s ID Media and may assess liquidated damages against Company of up to $1,000 per occurrence. Said liquidated damages will be due and payable within fifteen (15) days’ notice of invoice for the same. On a quarterly basis, Company will conduct and maintain periodic audits of the status of the driver’s licenses of Company Parties to ensure that they possess and maintain a valid driver’s license. Such audits shall be provided to Authority upon fifteen (15) days’ written request by Authority.

  • ACCEPTANCE OF EQUIPMENT The State will provide a written acknowledgment to the Contractor when the Equipment is accepted and performing satisfactorily.

  • MAINTENANCE OF CONCESSION PREMISES A. Concessionaire shall preserve and maintain the Concession Premises in good and clean condition, reasonable wear and tear excepted. Concessionaire is solely responsible for the maintenance and cleanliness of the Concession Premises.

  • RENTAL APPLICATION The Tenant acknowledges that the Landlord has relied upon the rental application, a copy of which is attached hereto, as an inducement for entering into this agreement, and the Tenant warrants to the Landlord that the facts stated in the application are true to the best of Tenant’s knowledge. If any facts stated in the rental application prove to be untrue, the Landlord shall have the right to terminate the residency immediately and to collect from the Tenant any damages resulting therefrom.

  • Substitution of Key Personnel Consultant has represented to City that certain key personnel will perform and coordinate the Services under this Agreement. Should one or more of such personnel become unavailable, Consultant may substitute other personnel of at least equal competence upon written approval of City. In the event that City and Consultant cannot agree as to the substitution of key personnel, City shall be entitled to terminate this Agreement for cause. As discussed below, any personnel who fail or refuse to perform the Services in a manner acceptable to the City, or who are determined by the City to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project or a threat to the safety of persons or property, shall be promptly removed from the Project by the Consultant at the request of the City. The key personnel for performance of this Agreement are as follows: Xxxxx Xxxxx.

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