Excluded Systems definition
Examples of Excluded Systems in a sentence
Tenant hereby acknowledges and agrees that Facilities Systems means only those Facilities Systems which are installed in and/or otherwise located at the Leased Premises as of the Effective Date of this Lease (and in their current locations as of the Effective Date of this Lease), and does not include Excluded Systems.
The "Excluded Systems Amount" shall equal 13.5 multiplied by the aggregate amount of operating cash flow of the CIMF for the fiscal year immediately preceding the Effective Time that is attributable to each System (or portion thereof) so designated (it being understood that such operating cash flow shall be as so determined in preparing the Company's audited financial statements for such fiscal year).
Client requests and authorizes the Company to exclude from the scope of the Home Inspection the following Systems or Components identified in Section 1 "Inspection" above and in N.J.A.C. 13:40-15.16(c): The Client understands and agrees that a licensed specialist(s) of Client's choice and hire should perform inspection of the above Excluded System(s) and/or Component(s).
Tenant hereby acknowledges and agrees that Facilities Systems means only those Facilities Systems which are installed in and/or otherwise located at the Leased Premises as of the Commencement Date of this Lease (and in their current locations as of the Commencement Date of this Lease), and does not include Excluded Systems.