Examples of Turnover Agreement in a sentence
Contractor shall not be permitted to remove anything from the Premises, including but not limited to any portion of the Personal Property remaining at the Premises pursuant to the terms of this Agreement, other than to assist Xxxxxx’x Marine customers who have specifically contracted with Contractor to remove that customer’s Personal Property pursuant to a fully executed Turnover Agreement specifically identifying the Personal Property for each of those individual customers to be removed.
The Equipment Assignment and Turnover Agreement and the Equipment Agreement are aggregated as a single series transaction pursuant to Rule 14.23 of the Listing Rules as these agreements were entered into by the Group with the parties connected or otherwise associated with one another within a 12 month period.
The Equipment Assignment and Turnover Agreement, on a stand alone basis, does not constitute a notifiable transaction under Chapter 14 of the Listing Rules.
Purchaser will pay Seller the value of such Consumables and Inventory at the time of turnover with a credit for the value of the existing Consumables and Inventory, all as described and as determined by the Turnover Agreement.
Tenant shall not enter into any equipment lease that is not a capital lease for equipment having a fair market value exceeding U.S.$50,000, or annual lease expense exceeding U.S.$50,000, without the prior written consent of Landlord, and all such Equipment Leases shall expressly authorize a turnover to Landlord or its designee of such equipment and Equipment Lease pursuant to the terms of the Turnover Agreement.