Use of Facilities; Rentals Sample Clauses

Use of Facilities; Rentals. A. IFS agrees to allow Go2Pay to use portions of its headquarters facilities at 000 Xxxxxx Xxxx, Xxxx, Xxx Xxxx in connection with the development, marketing and operation of the Processing Business. The parties will identify the space to be occupied by Go2Pay, together with Go2Pay's allocable portion of the common areas, such as reception area, conference rooms, rest rooms, driveways, parking facilities, and the like, such area to be identified on Exhibit "B" attached hereto and made a part hereof. The parties may hereafter enlarge, reduce or otherwise modify the space to be occupied by Go2Pay, and shall thereupon revise or replace Exhibit "B" with a new document, to be signed or initialed by representatives of IFS and Go2Pay, stating the new square footage allocable to Go2Pay, and the effective date of the change. B. As rental for the facilities provided by IFS, Go2Pay shall pay its proportionate share of all costs of owning and operating the Jordan Road facility, including mortgage (debt service) payments, real estate taxes (including property taxes, school taxes, water, sewer and similar charges), insurance on the structures (both casualty and liability), electric and other utilities, maintenance, upkeep and janitorial, together with the fully loaded cost of the receptionist. Go2Pay's "proportionate share" shall be a fraction, the numerator of which is the square footage set forth on Exhibit "B", and the denominator of which is the total square footage of usable space in the building. Any "build-outs, sinage or renovations" of the IFS building done to accommodate Go2pay needs are subject to the approval of IFS International. Rental costs shall be accumulated but not payable until the earlier of (i) eleven (11) months have elapsed since the date of this Agreement, or (ii) Go2Pay shall have raised significant external financing, as more particularly set forth in paragraph 7C hereof. At such time, Go2Pay shall pay IFS for all back rents accumulated. Thereafter, Go2Pay shall pay IFS a rental of fifteen dollars per square foot per month ($15.00/sq ft/month) for the remainder of the current calendar year, and IFS shall provide Go2Pay with an accounting or reconciliation of estimated payments vs. actual costs incurred for the period between that rentals become payable and year-end, within 90 days after year-end. If actual costs exceed the estimated rentals paid, then Go2Pay shall pay IFS the difference within ten (10) days after the receipt of the accounting....
AutoNDA by SimpleDocs

Related to Use of Facilities; Rentals

  • Use of Facilities 34.1. In situations where the CLEC has the use of the facilities (i.e., local loop) to a specific customer premise, either through resale of local service or the lease of the local loop as an Unbundled Network Element, and Sprint receives a good faith request for service from a customer at the same premise or from another carrier with the appropriate customer authorization, the procedures below will apply. 34.1.1. Sprint will process such orders and provision services consistent with the terms contained in Section 82, of this Agreement. 34.1.2. Where CLEC is using a single facility to provide service to multiple end user customers, Sprint will not disconnect that facility as a result of the following procedures. 34.1.3. Sprint will follow methods prescribed by the FCC and any applicable state regulation for carrier change verification. 34.1.4. Customer with Existing Service Changing Local Service Provider 34.1.4.1. In situations where a CLEC submits an order for an end user customer that is changing local service providers for existing service, and is not adding service (i.e., an additional line), Sprint will process the service request without delay, and provide the losing local service provider a customer loss notification consistent with industry standards. 34.1.5. Customer with Existing Service Adding New Service 34.1.5.1. In situations where an order is submitted for an end user customer adding service to existing service (i.e., an additional line), the order should be marked as an additional line and CLEC’s facilities will not be affected. 34.1.6. Customer Requesting New Service where Previous Customer has Abandoned Service 34.1.6.1. In the case where an end user customer vacates premises without notifying the local service provider and a new end user customer moves into the vacated premises and orders new service from a local service provider neither Sprint nor the previous local service provider are aware that the original end user customer has abandoned the service in place. 34.1.6.2. When a carrier requests service at a location and marks the order as abandoned and CLEC is the previous local service provider, Sprint shall notify CLEC via fax that it has had a request for service at the premise location that is currently being served by CLEC; 34.1.6.3. If available to Sprint, Sprint shall include the name and address of the party receiving service at such locations, but at a minimum shall provide local service address location information; 34.1.7. If CLEC does not respond within twenty-four (24) hours after receiving Sprint’s notification or if CLEC responds relinquishing the facilities, Sprint shall be free to use the facilities in question and Sprint shall issue a disconnect order with respect to the CLEC service at that location. If CLEC responds stating that the service is working and should not be disconnected, Sprint will notify the carrier ordering service and request verification of the address and location or the submission of an order for an additional line.

  • Use of Facilities and Services Subject to the rules of the University and the terms of this Agreement, the UFF shall have the right to use University facilities for meetings and all other services on the same basis as they are generally available to other university-related organizations which are defined as follows: University-Related Groups and Organizations. These groups and organizations may or may not receive budgetary support. Examples of such groups include student organizations, honor societies, fraternities, sororities, alumni associations, faculty committees, University Support Personnel Systems council, direct support organizations, the United Faculty of Florida, etc.

  • Use of Facility The Facility will be used for the purposes specified in the Recital.

  • Use of Facilities and Equipment The Association shall have the right to use school facilities and equipment not otherwise in use. Such equipment shall not be removed from the building without permission of the building principal. The individual using the equipment shall be responsible for repair or replacement costs beyond normal wear and tear if the equipment is damaged, stolen, or lost. The Association shall pay for the reasonable cost of all materials and supplies incident to such use. The Association may use school buildings for meetings by arranging such use with the building principals.

  • Use of Buildings In addition to use and control of the Church and parish buildings for the discharge of duties of the Xxxxxx’x office, as provided by canon law, the Xxxxxx shall have the right to grant use of the buildings to individuals or groups from outside the parish, following guidelines approved by both the Xxxxxx and Vestry.

  • No Dedication of Facilities Any undertaking by one Party to the other Party under any provision of this Agreement shall not constitute the dedication of the system or any portion thereof by the Party to the public or to the other Party, and it is understood and agreed that any such undertaking under any provision of this Agreement by a Party shall cease upon the termination of its obligations hereunder.

  • Use of School Facilities 1. The Association will have the right to use school buildings at reasonable times for meetings in accordance with Committee policy on the Use of School Facilities. The principal of the building in question will be notified in advance of the time and place of all such meetings. 2. There will be one (1) bulletin board in each school building, which will be placed in the faculty lounge, for the purpose of displaying professional notices, circulars, and other Association material. Copies of all such material will be given to the building principal, but his advance approval will not be required.

  • Use of School Buildings The ASSOCIATION and its representatives shall have the right to use school buildings at all reasonable hours for meetings. This use must be within the hours when custodians are regularly employed and within accepted school policy.

  • Condition of Facilities (i) Use of the Real Property of Purchaser for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to “permitted nonconforming” use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Purchaser, no part of any Improvement encroaches on any real property not included in the Real Property of Purchaser, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land. (ii) Each item of Tangible Personal Property is in good repair and good operating condition, ordinary wear and tear excepted, is suitable for immediate use in the Ordinary Course of Business and is free from latent and patent defects. No item of Tangible Personal Property is in need of repair or replacement other than as part of routine maintenance in the Ordinary Course of Business. Except as disclosed in Schedule 5.1(l)(ii), all Tangible Personal Property used in the Purchaser Business is in the possession of Purchaser.

  • Use of Space The COUNTY will provide the space located at: [insert Orange County Government Location] (the “Designated Space”) which shall be utilized by the AGENCY solely for the lawful purpose of providing the services. If no space is designated, this Article V does not apply.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!