Impairment of Use means an adverse impact on a beneficial use of ground water due to water quality degradation (as indicated by the narrative and numerical standards of Chapter 4) such that any previously existing beneficial use cannot be fully attained.
Impairment of Use. Lessee is denied use or possession of any item of Equipment to a material extent, as a direct and primary result of an Impairment Event, provided, that such event is certified to Lessor in writing by Lessee's responsible officer, and verified to Lessor's satisfaction by Lessor's independent investigation or such other evidence relating thereto as Lessor may reasonably request.
Impairment of Use. Lessee is denied use or possession of any item of Equipment to a material extent, as a direct and primary result of an Impairment Event; provided, that such event is certified to Lessor in writing by Lessee's responsible officer, and verified to Lessor's satisfaction by Lessor's independent investigation or such other evidence relating thereto as Lessor may reasonably request. "Imposition": with respect to each Equipment Schedule, any title, recordation, documentary stamp and other fees, taxes, assessments and all other charges or withholdings of any nature (together with any penalties or fines thereof) arising at any item upon or relating thereto or to the Equipment lease thereunder, or the delivery, acquisition, ownership, use, operation, leasing or other disposition of such Equipment or upon the Rent payable thereunder, whether the same be assessed to Lessor or Lessee. "Initial Term": for each Equipment Schedule, the monthly period specified in Section 2 thereof commencing on the Base Lease Commencement Date. "Interim Term": for each Equipment Schedule, the period from the effective date thereof to the Base Lease Commencement Date. "Law": any law, rule, regulation, ordinance, order, code, common law, interpretation, judgment, directive, decree, treaty, injunction, writ, determination, award, Permit or similar norm or decision of any Governmental Authority. "Lease": this Equipment Lease Agreement. "Lease Documents": collectively, the Lease, the Equipment Schedules, and all instruments, documents, certificates and agreements delivered pursuant hereto. "Lien": any mortgage, pledge, lease, sublease, security interest, attachment, charge, encumbrance or right or claim of others whatsoever (including any conditional sale or other retention agreement). "Permit": any action, approval, certificate of occupancy, consent, waiver, exemption, variance, franchise, order, permit, authorization, right or license, or other form of legally required permission, of or from a Governmental Authority. "Permitted Lien": (
Examples of Impairment of Use in a sentence
Damage or Destruction 25 11.1. If Covered by Insurance 25 11.2. If Not Covered by Insurance 25 11.3. Release of Obligations 26 11.4. Impairment of Use of Premises 26 12.
Impairment of Use" shall means an adverse impact on a beneficial use of ground water due to water quality degradation (as indicated by the narrative and numerical standards of Chapter 4) such that any previously existing beneficial use cannot be fully attained.