Ordinary Wear definition

Ordinary Wear means normal deterioration resulting from the ordinary and reasonable use of the Equipment on a single-shift basis (8 hours per day, 5 days per week).
View Source
Ordinary Wear means normal deterioration resulting from the ordinary and reasonable use of the Equipment on a Single Shift basis.
View Source
Ordinary Wear means normal deterioration resulting from the proper and intended use of the Equipment in accordance with the terms of this Agreement;
View Source

Examples of Ordinary Wear in a sentence

  • You bear all risk of loss, theft, damage or destruction to the Equipment, regardless of cause (Ordinary Wear excepted).

  • You agree to ensure that, upon return to us, the Equipment is clean, free of all Hazardous Substances, rental-ready, and otherwise in substantially the same order, condition and repair as at Time Out, Ordinary Wear excepted.

  • Promptly following termination of this Agreement, the Hitching Post shall return to Client such Services Equipment, Offices, and Utilities in a similar condition, Ordinary Wear and Tear excepted.

  • Ordinary Wear and Tear shall have the meaning commonly attributed to such term as well as mean losses or damage to chinaware, glassware, flatware, trays, utensils, and other small wares that may result from breakage, theft, over-use, or negligent misuse.

  • Lessee shall not use and operate the Leased Facility for any purpose or in any manner that would adversely affect the Fair Market Value, utility, remaining useful life or residual value of the Leased Facility (other than to the extent any of the foregoing constitutes Ordinary Wear and Tear).

  • Ordinary Wear and Tear is not the responsibility of the Customer.

  • Lessee shall not use and operate the Leased Facility for any purpose or in any manner that would adversely affect, in any material respect, the Fair Market Value, utility, remaining useful life or residual value of the Leased Facility (other than to the extent any of the foregoing constitutes Ordinary Wear and Tear).

  • Tenant shall surrender the Leased Premises by the last day of the Term of the Lease or any earlier termination date, with all of the improvements, parts, and surfaces thereof clean and free of debris and in good operating order, condition and state of repair, Ordinary Wear and Tear excepted.

  • Ordinary Wear and Tear: “Ordinary Wear and Tear,” meaning normal deterioration resulting from the proper and intended use of the Equipment in accordance with the terms of this Agreement, will not be considered damage.

  • The Agreement shall become effective upon its execution, except that you may, at your option, delay its effectiveness until 10:00 a.m., New York time, on the first full business day following the Effective Date, or at such earlier time after the Effective Date as you in your discretion shall first commence the initial public offering by the Underwriters of any of the shares of Common Stock and Warrants.


More Definitions of Ordinary Wear

Ordinary Wear shall not include any damage or deterioration that would have been prevented by good maintenance practice or by Lessee performing all of Lessee’s obligations under this Agreement.
View Source

Related to Ordinary Wear

  • Load Control Equipment means the equipment (which may include, but is not limited to, ripple receivers and relays) that is from time to time installed in, over or on Customer’s Premises for the purpose of receiving signals sent by Load Signalling Equipment and switching on and off, or otherwise controlling, controllable load;

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.