Turnover Agreement definition

Turnover Agreement means an agreement between MBLDC and the Town and/or one of its ABCs which may include permission for MBLDC to manage, market and initiate the development of Land, and “Turnover” and “Turned Over” have corresponding meanings. For greater certainty, Turnover Agreements may not provide for the Sale of Land to MBLDC; and

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Turnover Agreement means an agreement between Build Toronto and the City and/or one of its ABCs which may include permission for Build Toronto to manage, market and initiate the development of Land, and “Turnover” and “Turned Over” have corresponding meanings. For greater certainty, Turnover Agreements may not provide for the Sale of Land to Build Toronto; and

Turnover Agreement means that certain “Turnover Agreement” of even date herewith made by and among Tenant, and CNL TRS with respect to the turnover by Tenant to CNL TRS of certain “Retained Business Assets” as more particularly described therein, upon the expiration or termination of this Lease, as such agreement may be amended, modified and/or supplemented from time to time.

Examples of Turnover Agreement in a sentence

Turnover and deliver to CNL TRS all of the personal property required to be turned over to CNL TRS pursuant to 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.
Lessor shall be permitted to encumber its interest in this Lease, the Turnover Agreement, the Personal Property, or any part thereof, in favour of any Secured Party from time to time, subject to the terms and conditions of the Cypress Permit.
Personal Property that is required to be turned over to the Lessor pursuant to the Turnover Agreement is not Lessee’s Personal Property whether or not paid for from Lessee’s separate funds.
Turnover and deliver to Lessor all of the personal property required to be turned over to Lessor pursuant to the Turnover Agreement.
Lessee shall not enter into any equipment lease that is not a capital lease for equipment having a fair market value exceeding U.S. $25,000, or annual lease expense exceeding U.S. $25,000, without the prior written consent of Lessor, and all such Equipment Leases shall expressly authorize a turnover to Lessor or its designee of such equipment and Equipment Lease pursuant to the terms of the Turnover Agreement.
Any material default or breach shall have occurred under the terms of the MCIT Turnover Agreement.
Lessor or Secured Party (including, in all cases a Subsequent Owner) shall have the unrestricted right, to convey, transfer, assign or encumber the Personal Property and its interest in this Lease and in the Turnover Agreement, in whole or in part to a Secured Party, pursuant to Section 12, or to any other grantee or transferee subject to the provisions of this Lease provided only that such other grantee or transferee agrees to assume all obligations of the Lessor hereunder.
The subordination provisions of the documents and instruments evidencing the Senior Subordinated Notes, the Deferred Limited Interest Guaranty, the MCIT Turnover Agreement, the Holdings Turnover Agreement, the Jordan Management Agreement, any Permitted Subordinated Indebtedness, Holdings Subordinated Debt or any other Permitted Holdings Indebtedness shall, at any time, be invalidated or otherwise cease to be in full force and effect.
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.

More Definitions of Turnover Agreement

Turnover Agreement means that certain “Turnover Agreement” dated as of the Commencement Date made by and among Lessee, and Lessor with respect to the turnover by Lessee to Lessor of certain “Retained Business Assets” as more particularly described therein, upon the expiration or termination of this Lease, as such agreement may be amended, modified and/or supplemented from time to time.

Turnover Agreement means an agreement between Seller and Purchasers to be executed at each of the Skylift Closing and at the Closing pursuant to which Seller agrees to turn over certain assets to the Purchaser at the expiration or termination of the Skylift Sublease, or the Cypress Leases, as described in Section 2.3.2 of the Agreement.

Turnover Agreement means the Asset Purchase and Turnover Related Agreement between the Club and the Partnership dated August 3, 1999.

Turnover Agreement means the Turnover and Subordination Agreement from LM Finance in favor of the Agent for the benefit of the Banks substantially in the form of Exhibit E hereto.

Turnover Agreement means that certain “Turnover Agreement” by, inter alia, Landlord and Tenant with respect to the turnover by Tenant to Landlord of certain items of personal property upon the expiration or termination of this Lease, as such agreement may be amended, modified and/or supplemented from time to time.

Turnover Agreement means the agreement, dated as of December 4, 2007, between the Declarant, as transferor and the Association, as transferee, in the form attached to this Twelfth Amendment and First Supplemental Declaration, as Exhibit “D”, whereby the Declarant agrees to transfer certain Common Areas, Facilities, Clubhouse and Pool, and other rights and properties to the Association on or after the Turnover Date pursuant to certain terms and conditions as set forth therein.