Examples of Bowling Equipment in a sentence
If Landlord exercises such option to acquire such Bowling Equipment, the closing and acquisition of such Bowling Equipment shall occur upon the same terms and conditions set forth in paragraph 2(c) above as if Landlord had exercised its BE Option, except that the price shall be the same price contained in such BE Offer.
Includes all labour, material, tools, equipment and transportation required to provide 1 complete semi-annual inspection in accordance with Annex A - the Statement of Work, of Circled Pine Lanes Bowling Equipment located at CFB Borden.
Include all labour, material, tools, equipment and transportation required to provide 1 complete Annual inspection, including all elements of the Semi Annual Inspection in accordance with Annex A - the statement of work, of Circled Pine Lanes Bowling Equipment located at CFB Borden.
At any time during a Bowling Equipment Acquisition Period and upon Landlord’s written request therefor, Tenant shall furnish Landlord (within 15 Business Days of Landlord’s request) with the amount of the net book value for tax purposes of the Bowling Equipment (broken down by Site) together with such supporting documents as Landlord requests to verify such amount.
The foregoing option shall not apply to situations where the Tenant is selling all or a portion of the Bowling Equipment and replacing the same.
Notwithstanding the foregoing requirements of this paragraph 9, Tenant shall have no obligation to deliver any warranties for any Tenant’s Personal Property or Bowling Equipment at the Premises which may be and which are subsequently removed by Tenant upon expiration or earlier termination of this Lease.
If Landlord fails or declines to exercise its rights to purchase such Bowling Equipment, Tenant shall be free to sell such Bowling Equipment under the BE Offer, which Bowling Equipment shall remain subject to the BE Option.
Tenant shall not accept any offer to sell the Bowling Equipment or any portion thereof (which is not being replaced at a Site by Tenant) which is not all cash.
At such closing, Landlord shall pay Tenant, in immediately available funds, the purchase price for such Bowling Equipment being acquired and Tenant shall convey and assign all such Bowling Equipment and all warranties related thereto (to the extent assignable) to Landlord free and clear of all security interests, Liens, Claims and rights of any other party therein.
Upon expiration of this Lease in its entirety and for each Site, Tenant shall remove all alterations not consented to by Landlord and all of Tenant’s Personal Property from the Premises and the Bowling Equipment, unless Landlord has previously acquired the Bowling Equipment, in which event all Bowling Equipment shall remain with the Premises, included at each Site.