Handover Condition definition

Handover Condition means the handover of the Demised Premises in a condition as set out in Annexure “B”.
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Handover Condition means that the Corozal Container Terminal (including for the avoidance of doubt all Terminal Structures and all Terminal Equipment) shall be in good order and condition in accordance with Good Industry Practice (allowing for normal wear and tear), and that the Corozal Container Terminal (including for the avoidance of doubt all Terminal Structures and all Terminal Equipment) shall be in such condition so as to enable the ACP or its nominee to continue to perform activities the same as or substantially similar to the Terminal Services for a continuous period of not less than five (5) years following the expiry of the Concession Term;
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Handover Condition has the meaning given in clause 28.3.
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Examples of Handover Condition in a sentence

  • Handover Condition : The Premises will be handed over to me in clean and tenantable conditions and on “as is” basis.

  • In carrying out such Handover Condition Survey, the Independent Expert shall estimate the amount of money in US Dollars required for a third party to place the Concession Area, the Port Facility and the Equipment in compliance with the specification and conditions applicable to them pursuant to this Agreement.

  • Once an opinion is issued by the Commission, the opinion is an open record and is posted on the agency’s website.

  • As such, he asked whether the department had assessed the transport demand in Tai Po District and Yuen Long District, in addition to setting up a roundabout in Ng Tung Chai.

  • Upon service of a Termination Notice, the Parties shall appoint, within ten (10) Business Days of such notice, an Independent Expert to conduct a Handover Condition Survey.

  • You can travel to other regions that are at Alert Level 1 or 2 to attend a concert, conference, sports game or any other public event.

  • Handover Condition: The site will be handed over on completion in its current condition ie withthe prefabricated style buildings left in place.

  • O&Ma) Availability – the appropriateness of the proposed O&M solution (including whole-of-life optimisation) to achieve or exceed the asset availability requirements.b) Service level – the appropriateness of the proposed O&M solution to achieve or exceed the service level requirements throughout the O&M Phase.c) Handover – the appropriateness of the proposed O&M solution to achieve or exceed the required asset Handover Condition and residual life requirements.

  • Handover Condition 15.1 The Landlord and the Tenant hereby declare and confirm that the said premises would be delivered and handed over by the Landlord to the Tenant on an “as is” basis.

  • Handover Condition: Verification of the condition including CCTV records and inventory record/reporting sheets.


More Definitions of Handover Condition

Handover Condition means the portion of the Lessor’s Work to be completed to enable the Lessee to commence its fit outs, as detailed in Schedule F;
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Handover Condition has the meaning given in clause 29.2. Handover Inspection has the meaning given in clause 29.3(a).
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Handover Condition has the meaning given in clause 3.4AG.
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Handover Condition. The Tenant shall take the said premises in its “as-is” state and condition, and shall at its own costs reinstate the said premises in a “bare shell” state and condition upon expiry or earlier termination of this Tenancy.
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Related to Handover Condition

  • Offer Conditions has the meaning set forth in Section 1.01(b).

  • OTHER CONDITIONS Any subsequent contracts shall supersede the provisions of this contract. This contract is void if the Party of the Second Part does not hold a valid license in accordance with Section 6-17-401 A.C.A. for the full term of the contract. Given this, the 25TH DAY OF APRIL, 2017 PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXXXXXX XXXXX XXXXXX Party of the Second Part, agree as follows:

  • Minimum Tender Condition shall have the meaning provided in Section 2.15(b).

  • Minimum Condition has the meaning set forth in Annex I.

  • Business Condition of any Person shall mean the condition (financial or other), earnings, results of operations, business, properties or prospects of such Person.

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves:

  • Delivery Condition has the meaning set forth in Section 2.2(a).

  • Maximum Tender Condition has the meaning specified in Section 2.17(b).

  • Mental health condition means a condition defined to be

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.

  • Associated Conditions means the symptoms or side effects associated with Stage-Four Advanced, Metastatic Cancer or its treatment and which, in the judgment of the health care practitioner, further jeopardize the health of a patient if left untreated.

  • Regulatory Conditions means the conditions set out in paragraphs 3.3 to 3.5 (inclusive) of Part A of Appendix I to the Announcement;

  • Product Conditions means these product terms and conditions. These Product Conditions apply to each series of cash settled Warrants over single equities;

  • Emergency Condition means a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the NYISO or Connecting Transmission Owner, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to the New York State Transmission System or Distribution System, the Connecting Transmission Owner’s Interconnection Facilities or the electric systems of others to which the New York State Transmission System or Distribution System is directly connected; or (3) that, in the case of the Interconnection Customer, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Small Generating Facility or the Interconnection Customer’s Interconnection Facilities. Under Emergency Conditions, the NYISO or Connecting Transmission Owner may immediately suspend interconnection service and temporarily disconnect the Small Generating Facility. The NYISO or Connecting Transmission Owner shall notify the Interconnection Customer promptly when it becomes aware of an Emergency Condition that may reasonably be expected to affect the Interconnection Customer’s operation of the Small Generating Facility. The Interconnection Customer shall notify the NYISO and Connecting Transmission Owner promptly when it becomes aware of an Emergency Condition that may reasonably be expected to affect the New York State Transmission System or Distribution System or any Affected Systems. To the extent information is known, the notification shall describe the Emergency Condition, the extent of the damage or deficiency, the expected effect on the operation of each Party’s facilities and operations, its anticipated duration, and the necessary corrective action.

  • Change in condition means a change in physical condition of the employee as well as any change

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • performance requirement means a requirement that:

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • TENDER SPECIFICATION means “Specific conditions, technical specifications, appendices, site information and drawing pertaining to the work in which the tenderers are required to submit their offer. Individual specification number will be assigned to each tender specification.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Final Completion Date means the date on which Final Completion occurs.

  • Payment Condition at any time of determination with respect to any Specified Transaction, that the following conditions are all satisfied: (x) (1) 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) and (2) the Specified Availability on the date of such Specified Transaction (divided by Availability as of such time of determination and expressed as a percentage), in each case exceed the applicable Availability Percentage (as defined below), (y) unless the Fixed Charge Condition (as defined below) is satisfied (to the extent applicable), the Parent Borrower shall be in Pro Forma Compliance with a minimum Consolidated Fixed Charge Coverage Ratio of at least 1.00:1.00 and (z) if reasonably requested by the Administrative Agent, the Borrower Representative shall have delivered to the Administrative Agent (i) a copy of calculations required by preceding clause (y) in reasonable detail and (ii) a calculation of Specified Unrestricted Cash. As used herein, the following terms shall have the following meanings: (i) “Availability Percentage” shall mean (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 12.5%; (b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of “Permitted Investments” or (B) clause (c)(i) of the definition of “Permitted Acquisitions,” 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%; and (ii) “Fixed Charge Condition” shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted pursuant to clause (c)(i) of the definition of “Permitted Acquisitions”, 15.0%; (c) in respect of any investment permitted pursuant to clause (u) of the definition of “Permitted Investments”, 15.0%; (d) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 15.0%; and (e) in respect of (A) any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b) or (B) any Asset Sale that would otherwise have to comply with Subsection 8.5, 15.0%.