Suitable Replacement definition

Suitable Replacement. A Faculty Member’s participation in a Learning Leave is conditional upon the College finding a suitable replacement, where applicable, for the Faculty Member.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Suitable Replacement has the meaning set forth in the Operating Lease.

Suitable Replacement means a Person to become Tenant hereunder, or an Affiliate (including a Subsidiary) of which will become Tenant hereunder provided such Person will execute and deliver a Lease Guaranty for the liabilities and obligations of such Affiliate as tenant hereunder, who or which has, on or about the date information about such Person is to be provided to the Landlord pursuant to Section 17 hereof, a net worth no less than one hundred fifty million dollars ($150,000,000) and management and operating experience (both in terms of personnel and business operating history) in the Business (including in a major metropolitan area in the United States) comparable to Reading as of the date hereof or otherwise reasonably acceptable to Landlord; provided, that Reading shall in all events be a Suitable Replacement.

Examples of Suitable Replacement in a sentence

Without prejudice to the generality of the foregoing, Lessee may not replace an Engine with a Suitable Replacement Engine save in the case of a Total Loss of an Engine.
This process shall be repeated as Landlord may reasonably require and Landlord shall ultimately be afforded ten Business Days from the last delivery of information hereunder to determine whether the proposed party(ies) constitute a Suitable Replacement.
The Tenant will however still be responsible for any Rent arrears outstanding on the Tenant’s account up to the date the Suitable Replacement tenant takes up occupation of the Room.
Buyer shall cooperate with Seller to commence planning for Buyer’s construction of a new Educational Services Center on Parcel A or on the Suitable Replacement Property.
At Seller’s election, Buyer shall cooperate with Seller to commence planning for Buyer’s construction of a new Educational Services Center on the Property or on the Suitable Replacement Property.
For the purposes of this Paragraph 6.3, a "Suitable Replacement Person" is another person pursuing a full-time study program at INTO City, INTO London or Newcastle University London, who would not as a result of his/her move be vacating accommodation let or licensed from INTO City, INTO London or Newcastle University London.
Seller shall use its best efforts to find and secure a Suitable Replacement Property during the Seller Contingency Period.
A Suitable Replacement Person is another registered INTO or INTO University Partnerships student who is pursuing, or attending, a similar course of study and who would not as a result of his/her move be vacating accommodation let or licensed from INTO or INTO University Partnerships.
This ninety (90)-day period shall be referred to herein as the “Seller Contingency Period.” Seller shall use its best efforts to find and secure a Suitable Replacement Property during the Seller Contingency Period.
Irrevocable Letter of Credit No. CHA/F080449, a copy of which is attached hereto, or the cancellation of a "Suitable Replacement" thereto.

More Definitions of Suitable Replacement

Suitable Replacement has the meaning set out in Clause 13.2(f). Takamol (previously known as Hadaf Holding Company for Business Services Ltd), means Takamol Holding Company for Business Services Ltd., a limited liability company incorporated in Saudi Arabia wholly owned by TVTC and the HRDF. Term has the meaning given to that term in Clause 3.2.

Suitable Replacement is defined to mean a replacement acceptable to the Administration and the Board of Education, who can continue the present program at the same level of competence and at the same level of compensation.

Suitable Replacement. An Employee’sparticipation in an education leave is conditional upon College finding a suitable replacement,, where applicable, for the Employee.