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

  • On the Commencement Date the Lessor shall handover to the Lessee the Demised Premises in the Handover Condition.

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

  • 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.

  • The Parties shall conduct a joint inspection prior to the Handover Date to ensure that Handover Condition has been achieved.

  • If, as a result of the Handover Condition Survey undertaken in accordance with Article 45.3.1, the Independent Expert considers that the Concession Area, the Port Facility or the Equipment or any part thereof have/has not been operated and maintained in accordance with the requirements under this Agreement (normal wear and tear excepted) the Concessionaire shall, at its cost and expense, take all necessary steps to put the same in good working condition prior to the Handover Date.

  • The Lessee shall ensure that the Lessor will not be required to redo any completed portion of the Handover Condition as a result of the Lessee’s commencement / carrying out of its fit-outs and shall ensure that it does not prejudice the Lessor completing the Demised Premises.

  • The Lessee shall ensure that the Lessor will not be required to redo any completed portion of the Handover Condition as a result of the Lessee’s commencement / carrying out of its fit-outs and shall ensure that it does not prejudice the Lessor from achieving Substantial Completion at the Demised Premises.

  • In carrying out the first 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.

  • 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.

  • The Parties have conducted a joint inspection and ascertained that the Handover Condition has been achieved.


More Definitions of Handover Condition

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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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 means the portion of the Lessor’s Work which has been completed in the Demised Premises, as on the Handover Date, to enable the Lessee to commence its fit outs, as detailed in Schedule E;
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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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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. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXXXX X XXXXXXX Party of the Second Part, agree as follows:

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

  • Pre commencement condition means a condition imposed on the grant of permission which must be complied with: before any building/ other operation/ or use of the land comprised in the development is begun.

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

  • Business Condition means the financial condition, business, assets, liabilities and operations of a Person.

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

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

  • Nonconforming zoning condition means a physical improvement on a property that does not conform with current zoning standards.

  • 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;

  • Review Conditions means (i) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger for that Payment Date and (ii) the Noteholders or Note Owners, as applicable, have voted, pursuant to Section 2.03(d) of the Receivables Purchase Agreement, to direct an Asset Representations Review of the Subject Receivables.

  • 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