Transition to Permanent Premises Sample Clauses

Transition to Permanent Premises. 5.03.1 The Authority shall give written notice to the Airline of the estimated Substantial Completion Date of the Airline's Permanent Premises, at least one hundred and twenty (120) days prior to said date. The Airline will be permitted to install its own equipment and furnishings in the Airline's Permanent Premises beginning sixty (60) days prior to such estimated Substantial Completion Date.
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Transition to Permanent Premises. 5.03.1 The Authority shall give written notice to the Airline of the estimated Substantial Completion Date of the Airline's Permanent Premises, at least one hundred and twenty (120) days prior to said date. The Airline will be permitted to install its own equipment and furnishings in the Airline's Permanent Premises beginning sixty (60) days prior to such estimated Substantial Completion Date. 5.03.2 The Airline shall move into and occupy its Permanent Premises on or before the actual Substantial Completion Date of such Permanent Premises whereupon such Permanent Premises shall not be considered TAP subject to Section 5.02; provided, however, that if the Airline notifies the Authority as promptly as is reasonably practicable upon receipt of the notice specified in Paragraph 5.03.1 that it cannot reasonably prepare its Permanent Premises by the estimated Substantial Completion Date, and the reasons therefor, the Airline shall have additional time, not to exceed thirty (30) days, to move into and occupy its Permanent Premises. Unless a different payment is required by Section 8.14, the Airline shall be subject to, and shall pay, the rentals, fees, and charges for its Permanent Premises beginning on the actual Substantial Completion Date thereof regardless of whether the Airline occupies its Permanent Premises prior to, on, or after such actual Substantial Completion Date. 5.03.3 If the Airline's Permanent Premises are not completed by the estimated Substantial Completion Date that was contained in the written notice given by the Authority pursuant to Paragraph 5.03.1, the Authority shall not be liable to the Airline for failure to deliver possession or to complete said Permanent Premises by said date. The Authority will notify the Airline of any change in such estimated Substantial Completion Date. ARTICLE 6.
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Related to Transition to Permanent Premises

  • LANDLORD’S RIGHT TO PERFORM TENANT’S DUTIES If Tenant fails timely to perform any of its duties under this Lease, Landlord shall have the right (but not the obligation), to perform such duty on behalf and at the expense of Tenant without prior notice to Tenant, and all sums expended or expenses incurred by Landlord in performing such duty shall be deemed to be additional Rent under this Lease and shall be due and payable upon demand by Landlord.

  • Covenants as Essential Elements of this Agreement It is understood by and between the parties hereto that the foregoing covenants contained in Sections 7(a) and (b) are essential elements of this Agreement, and that but for the agreement by the Executive to comply with such covenants, the Company would not have agreed to enter into this Agreement. Such covenants by the Executive shall be construed to be agreements independent of any other provisions of this Agreement. The existence of any other claim or cause of action, whether predicated on any other provision in this Agreement, or otherwise, as a result of the relationship between the parties shall not constitute a defense to the enforcement of such covenants against the Executive.

  • Ability to Perform The Servicer does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;

  • Inability to Perform This Lease and the obligations of the Tenant hereunder shall not be affected or impaired because the Landlord is unable to fulfill any of its obligations hereunder or is delayed in doing so, if such inability or delay is caused by reason of strike, labor troubles, acts of God, or any other cause beyond the reasonable control of the Landlord.

  • AUTHORITY TO PERFORM AGREEMENTS The Company undertakes to obtain all consents, approvals, authorizations or orders of any court or governmental agency or body which are required for the performance of this Agreement and under the Organizational Documents or the consummation of the transactions contemplated hereby and thereby, respectively, or the conducting by the Company of the business described in the Prospectus.

  • Landlord’s Termination Right Whether or not the Premises are affected, Landlord may, by notice to Tenant, within 60 days following the date upon which Landlord receives notice of the Taking of all or a portion of the Real Property, the Building or the Premises, terminate this Lease, provided that Landlord elects to terminate leases (including this Lease) affecting at least 50% of the rentable area of the Building.

  • Ability to Perform; Solvency The Seller does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement. The Seller is solvent and the sale of the Mortgage Loans will not cause the Seller to become insolvent. The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of Seller's creditors;

  • Landlord’s Right to Perform Except as specifically provided otherwise in this Lease, all covenants and agreements by Tenant under this Lease shall be performed by Tenant at Tenant’s sole cost and expense and without any abatement or offset of Rent. If Tenant shall fail to pay any sum of money (other than Base Rent) or perform any other act on its part to be paid or performed hereunder and such failure shall continue for three (3) days with respect to monetary obligations (or ten (10) days with respect to non-monetary obligations, except in case of emergencies, in which such case, such shorter period of time as is reasonable under the circumstances) after Tenant’s receipt of written notice thereof from Landlord, Landlord may, without waiving or releasing Tenant from any of Tenant’s obligations, make such payment or perform such other act on behalf of Tenant. All sums so paid by Landlord and all necessary incidental costs incurred by Landlord in performing such other acts shall be payable by Tenant to Landlord within five (5) days after demand therefor as Additional Rent.

  • Devotion to Duties While you are employed hereunder, you will use your best efforts, skills and abilities to perform faithfully all duties assigned to you pursuant to this Agreement and will devote your full business time and energies to the business and affairs of the Company. While you are employed hereunder, you will not undertake any other employment from any person or entity without the prior written consent of the Company.

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