Return Condition means, for the applicable measurement period, that the Total Shareholder Return exceeds the S&P Return.
Return Condition has the meaning given to it in Part 1 of Appendix 8.
Return Condition means the state of condition and repair the Customer must ensure the Equipment is in prior to returning the Equipment to A1 Plant Hire, including at a minimum ensuring each of the conditions stipulated under Item 10 of the Hire Schedule have been met.
Examples of Return Condition in a sentence
If the Equipment is not in Return Condition, Lessee shall remain liable for all reasonable costs required to restore the Equipment to Return Condition.
If the Hardware is not in Return Condition, Lessee shall, at its option, either restore the Hardware (at Lessee’s cost) to Return Condition or pay for the Hardware at its Stipulated Loss Value if the Hardware is not reasonably repairable.
Subject to the provisions of Section 15(b) under “Option to Extend; Surrender of Hardware and Software Assets,” Lessee agrees to restore the Hardware to Return Condition prior to its return to Lessor.
Subject to the provisions of Section 13B of this MLA, Lessee agrees to restore the Equipment to Return Condition prior to its return to the Lessor.
Subject to the provisions of Section 13B of this MLA, Xxxxxx agrees to restore the Equipment to Return Condition prior to its return to the Lessor.
More Definitions of Return Condition
Return Condition means that each part of the Leased Railway Infrastructure is Fit for Purpose at the expiration of the Term.
Return Condition means, in respect of a Train or an item of Equipment, in no worse condition in any material respect than that Train or that item of Equipment on the date on which the Contractor's obligation to carry out the Services ceases as a result of the
Return Condition has the meaning ascribed thereto in Section 4.3(a) hereof.
Return Condition means the condition in which the Equipment shall be returned to Lessor by Lessee pursuant to Section 9(b) hereof.
Return Condition means empty, clean, and in the same condition at the time of initial delivery at the Origin, less normal wear and tear, as determined by PDX Movers in its sole discretion. Customer shall incur a Cleaning Fee in the event a Container is not returned in Return Condition. Customer assumes full risk for all damage resulting from the delivery, placement and retrieval of the Container(s) and relieves PDX Movers and 3rd party partners from any responsibility for such damage. iv. NO ENCUMBRANCES. Customer shall not encumber, grant a security interest in, transfer, subcontract, sublease, or assign any Container or its interests and obligations pursuant to this Agreement (any a “Restricted Transfer”), nor shall a Restricted Transfer that occurs by operation of law or otherwise of Customer’s interest in the Containers or this Agreement be effective against PDX Movers. No Restricted Transfer of Customer’s interest in the Container(s) or this Agreement shall relieve Customer from any of its obligations to PDX Movers under this Agreement. v. LOSS AND DESTRUCTION. Customer accepts all responsibility for damage to or theft of the Container that occurs from the time a Container is delivered to Customer until it is picked-up, regardless of Customer’s fault or negligence, the fault or negligence of any other person or acts of God (e.g., fire, rain, wind, etc.). Customer shall notify PDX Movers in writing of any loss of, destruction of, or damage to a Container within 5 hours of such event. Customer’s obligation to pay the Monthly Rental Fee on the lost or completely destroyed container (as determined by PDX Movers in its sole discretion) shall cease as of the date of the notice of loss or destruction. PDX Movers may deem a damaged Container as destroyed if, in its sole discretion, it determines that the repair cost exceeds the replacement value of the Container. Customer shall be liable for a $2,500 replacement cost of a Container that is lost or destroyed or, if the Container is damaged or not returned in Return Condition, the cost of repairing the damage and restoring the Container to Return Condition unless the loss, destruction, or damage arises from delivery or pick-up of the Container by a 3rd party partner provided such loss, destruction, or damage was not caused by an inherent vice of the Container’s contents or Customer’s acts or omissions. Customer hereby acknowledges and agrees PDX Movers does not represent or guarantee the safety or security of a Container or of ...
Return Condition means the condition of the Aircraft as described in Schedule 4 of the Lease Agreement.