Examples of Facility FF&E in a sentence
Except for(i) the Seller Names, (ii) the Excluded Intellectual Property and (iii) Intellectual Property licensed under any Contract not set forth on S chedule 3.2(o)(iv) (1), the Transferred Intellectual Property and the Licensed Transferred Intellectual Property collectively constitutes all Intellectual Property that is necessary and used for the operation of the Facility or the Facility FF&E.
A part-time job will provide a retiree with additional income and keep them active.
Lessee shall be responsible for furnishing and equipping the Facility with such consumable inventory and supplies, and such other furniture, furnishings, equipment and other personal property in addition to the Facility FF&E, if any, as may be necessary, appropriate or required for the operation and occupancy of the Facility as a skilled nursing facility.
Except for(i) the Seller Names, (ii) the Excluded Intellectual Property and (iii) Intellectual Property licensed under any Contract not set forth on Schedule 3.2(o)(iv) (1), the Transferred Intellectual Property and the Licensed Transferred Intellectual Property collectively constitutes all Intellectual Property that is necessary and used for the operation of the Facility or the Facility FF&E.
The final plans and specifications for the construction of the Improvements and the Facility FF&E to be installed in the Facility, which have been prepared by the Architect and approved by Lessor and Lessee and (ii) all amendments, modifications and supplements thereto which do not require the approval of Lessor and Lessee or which have been approved by Lessor and Lessee subsequent to the execution of this Lease.
SECTION III.1. Acceptance and Lease of Facility Sites, Facilities and Facility F,F&E.
To the extent permitted by Applicable Laws, each Lessee hereby waives any rights now or hereafter conferred by statute or otherwise that may require Lessor to sell, lease or otherwise use any Facility Site, Facility or Facility F,F&E in mitigation of Lessor's damages upon the occurrence of a Lease Event of Default or that may otherwise limit or modify any of Lessor's rights or remedies under this Article X.
Leased items of Facility F,F&E that have been substituted or replaced by a Lessee pursuant to this Section 7.3(a) shall become the property of such Lessee, and title thereto shall automatically vest in such Lessee upon such permitted substitution or replacement.
Title to the Facility Sites, Facilities and Facility F,F&E is (or shall be, as the case may be) held by Lessor as collateral security for the obligations of the Lessees hereunder and under the Operative Documents to which any Lessee is a party until such time as all of the Lessees have fulfilled all of their obligations hereunder and under such Operative Documents.
Upon such sale, Local Trustee, or his successors-in-trust, is authorized to execute and deliver a deed or deeds to the applicable Facility and related Facility F,F&E to the purchaser and place the purchaser in quiet and peaceful possession thereof.