Bailees definition

Bailees means, collectively, each Person who owns or operates a Bailee Location from time to time.

Bailees. If any Collateral is at any time in the possession or control of any warehouseman, bailee or any of Borrower's agents or processors, Borrower shall, upon the request of Lender, notify such warehouseman, bailee, agent or processor of the security interests in favor of Lender created hereby and shall instruct such Person to hold all such Collateral for Lender's account subject to Lender's instructions.

Bailees means (a) Dansville Properties, LLC, a New York corporation, (b) the Town of Houlton (c) AKTEM Business Park, LLC, and (d) the Individual Bailees.

Examples of Bailees in a sentence

• Additional Insurance: Any insurance required by Federal Law or State Statute or City Code; such as Bailees Insurance, Maritime Coverage, or other coverage(s).

• Bailee's use shall comply with all applicable laws and regulations and with applicable requirements and instructions so long as those applicable requirements or instructions are provided in writing by Bailor to Bailee.

• Change in Location of Chief Executive Office; Inventory and Equipment with Bailees.

• LIABILITY OF CARRIERS BAILEES OR OTHER THIRD PARTIES It is the duty of the Assured and their Agents, in all cases, to take such measures as may be reasonable for the purpose of averting or minimising a loss to ensure that all rights against Carriers, Bailees or other third parties are properly preserved and exercised.

• It is the duty of the Insured and their Agents in all cases to take such measures as may be reasonable for the purpose of averting or minimising a loss and to ensure that all rights against carriers, Bailees or other Third Parties are properly preserved and exercised.

• The Contractor must obtain Bailee's Customer's Goods insurance while Government Property is under its care, custody or control for repair or servicing, and maintain it in force throughout the duration of the Contract, in an amount of not less than $250,000.00.

• Bailee acknowledges that the provisions of this Section are a bargained for consideration essential to Bosch's agreement to bail, and to Bailee's possession of, the Equipment.

• Section 3.01 Title, Perfection and Priority 8 Section 3.02 Type and Jurisdiction of Organization, Organizational and Identification Numbers 9 Section 3.03 Principal Location 9 Section 3.04 Collateral Locations 9 Section 3.05 Bailees, Warehousemen, Etc.

• The Contractor must obtain Bailee's Customer's Goods insurance while Government Property is under its care, custody or control for repair or servicing, and maintain it in force throughout the duration of the Contract, in an amount of not less than $ 250.000.00.

• Bailee agrees to use the Equipment for the sole and exclusive benefit of Bosch in the performance of Bailee's obligations under the Supply Agreement, and for no other purpose without the prior written consent of Bosch.