Warehouse Facilities Clause Samples
The Warehouse Facilities clause defines the terms and conditions under which warehouse space is provided, accessed, and maintained within a contractual relationship. It typically outlines the responsibilities of the parties regarding the use, upkeep, and security of the warehouse, and may specify requirements for insurance, permitted activities, and hours of operation. This clause ensures that both parties have a clear understanding of their obligations and rights concerning the warehouse, thereby minimizing disputes and clarifying liability for loss or damage.
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Warehouse Facilities. The entire right, title, and interest of Seller and any of its Subsidiaries as tenant in and to warehouse spaces and appurtenant rights, located at the addresses specified in Schedule 1.03(c). "Warehouse Facilities" means collectively the warehouse spaces and appurtenant rights described in this Section 1.03(c).
Warehouse Facilities. The Company and its Subsidiaries shall have in full force and effect as of the Initial Closing Date, subject to the consummation of the Initial Closing, committed Warehouse Facilities in the total amount of at least $600 million, which commitments have terms of at least 6-12 months. The other terms and conditions of such Warehouse Facilities, when taken as a whole, shall be at least as favorable to the Company or relevant Subsidiary as those in effect on the date hereof with respect to existing Warehouse Facilities.
Warehouse Facilities. C.16.1 Warehouse Facilities must be approved by the COR and meet the following criteria:
(a) Storage buildings shall be constructed, with masonry walls and floors, watertight roofs, and maintained in good condition. The building shall be kept dry, clean, well ventilated, free of dampness, free of moths, rats, mice, and insets, and in orderly condition at all times.
(b) Each building used for storage under this contract shall have as the minimum standard for qualification either:
(1) an acceptable automatic fire detection and reporting system, or an acceptable automatic sprinkler system; or
(2) a fire prevention and control plan, posted and maintained in each building; and necessary fire extinguishers and/or approved fire-fighting apparatus available and in good working order at all times. In addition, each storage facility must be protected by an adequate water supply for fire fighting and a fire department that is responsive twenty-four hours per day. Statements from the cognizant fire insurance rating organization shall be used by the Government as a definitive basis for determining the sufficiency or adequacy of a fire-fighting water supply and the responsiveness of a fire department to protect a facility.
(c) The Contractor shall insure that all installed fire protective systems shall be accredited by the cognizant fire insurance rating organization for insurance rate credit.
Warehouse Facilities. The Company and its Subsidiaries have in full force and effect as of the date hereof (i) committed Warehouse Facilities in the total amount of approximately $300 million and (ii) uncommitted Warehouse Facilities in the total amount of approximately $700 million. The Company Disclosure Letter sets forth the names, locations, balances and limits of all such Warehouse Facilities.
Warehouse Facilities. The Company shall use all commercially reasonable efforts to cause to be in effect, as of the Initial Closing Date, Warehouse Facilities consistent with the requirements of Section 5.1.14.
Warehouse Facilities. 1. The Storage environment that Party A is offering to Party B should meet the following standard: Safe, hygienic, dry and tidy; enough parking space for loading and unloading; and the road within the storage area is plain and convenient.
2. The warehouse of Party A should have communication equipment to ensure smooth communication on both sides. Under special circumstances, Party A shall take emergency measures to cooperate with Party B’s normal operation.
Warehouse Facilities. The Services, defined below, will be rendered by Commerce at the following facilities:
Warehouse Facilities. ALIGN may require a warehousing facility in El Paso, Texas for use in the storage and/or distribution of the Products as ALIGN may from time to time determine. IMS will work closely with ALIGN to develop a program as required under separate agreement, when requested by ALIGN. Staging and trans-loading in IMS' El Paso Warehouse facilities are included in the Services at no additional cost when the Services are performed during regular warehouse operating hours. Additional fees will be charged to ALIGN at cost plus mark up as set forth in Exhibit D unless mutually agreed otherwise b▇ ▇▇e parties when Services are performed outside of the regular warehouse operating hours.
Warehouse Facilities. Shelter Express agrees to provide, at its sole cost and expense, one or more warehouse facilities in the City to warehouse and store, subject to Section 3.4 of this Agreement, Coordinated Franchise Structures and other materials and equipment which may be required for the maintenance and repair of the Coordinated Franchise Structures.
Warehouse Facilities. From and after the -------------------- Closing, and for such time as Buyer elects to use the warehouse facilities currently used by JWGFC, Seller or the Company, JWGFC shall continue to staff, support and provide such facilities to store and retain, per regulatory retention rules, and make available for reasonable access and retrieval, all documents and records of or relating to the Company. JWGFC shall provide to Fiserv and Buyer at least six months prior written notice before the termination or material alteration of any arrangements respecting said warehouse facilities. The parties shall cooperate in good faith and take reasonable actions concerning the proper handling of both past and future documents and records of or relating to the Company.