CONCESSIONAIRE’S DEBT Sample Clauses

CONCESSIONAIRE’S DEBT. 17.30.1 If Concessionaire, at any time during the term of this Agreement, incurs a debt, as the word is defined in Section 15-122 of the Houston City Code of Ordinances, it shall immediately notify City Controller in writing. If City Controller becomes aware that Concessionaire has incurred a debt, it shall immediately notify Concessionaire in writing. If Concessionaire does not pay the debt within 30 days of either such notification, City Controller may deduct funds in an amount equal to the debt from any payments owed to Concessionaire under this Agreement, and Concessionaire waives any recourse therefor. EXHIBIT “A” FACILITIES AND APPROVED CONCEPTS
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CONCESSIONAIRE’S DEBT. 17.30.1 If Concessionaire, at any time during the term of this Agreement, incurs a debt, as the word is defined in Section 15-122 of the Houston City Code of Ordinances, it shall immediately notify City Controller in writing. If City Controller becomes aware that Concessionaire has incurred a debt, it shall immediately notify Concessionaire in writing. If Concessionaire does not pay the debt within 30 days of either such notification, City Controller may deduct funds in an amount equal to the debt from any payments owed to Concessionaire under this Agreement, and Concessionaire waives any recourse therefor. EXHIBIT “A” FACILITIES AND APPROVED CONCEPTS 57 EXHIBIT “B” OFFICE AND STORAGE SPACE FACILITIES DRAFT - SUBJECT TO CHANGE BY CITY ATTORNEY EXHIBIT "C" PERFORMANCE BOND THE STATE OF TEXAS ' ' COUNTY OF XXXXXX ' THAT WE, , as principal, hereinafter called "Concessionaire" and the other subscriber hereto as Surety, do hereby acknowledge ourselves to be held and firmly bound to the City of Houston, a municipal corporation (ACity@) in the sum of ($ ) for the payment of which sum, well and truly to be made to the City of Houston, and its successors, Concessionaire and Surety do bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally. THE CONDITIONS OF THIS OBLIGATION ARE SUCH THAT:
CONCESSIONAIRE’S DEBT. 16.29.1 If Concessionaire, at any time during the term of this Agreement, incurs a debt, as the word is defined in Section 15‐122 of the Houston City Code of Ordinances, it shall immediately notify City Controller in writing. If City Controller becomes aware that Concessionaire has incurred a debt, it shall immediately notify Concessionaire in writing. If Concessionaire does not pay the debt within 30 days of either such notification, City Controller may deduct funds in an amount equal to the debt from any payments owed to Concessionaire under this Agreement, and Concessionaire waives any recourse therefor. EXHIBIT A (To be attached) EXHIBIT B (To be attached) EXHIBIT C PERFORMANCE BOND (To be attached) EXHIBIT D IRREVOCABLE LETTER OF CREDIT (To be attached.) EXHIBIT E EQUAL EMPLOYMENT OPPORTUNITY (To be attached) EXHIBIT F DRUG POLICY COMPLIANCE AGREEMENT (To be attached) EXHIBIT G CONTRACTOR'S CERTIFICATION OF NO SAFETY IMPACT POSITIONS IN PERFORMANCE OF A CITY CONTRACT (To be attached) EXHIBIT H DRUG POLICY COMPLIANCE DECLARATION (To be attached) EXHIBIT I LABOR RELATIONS PLAN (To be attached) EXHIBIT J CONCEPT SCHEDULE

Related to CONCESSIONAIRE’S DEBT

  • Concessionaire’s waiver The Concessionaire hereby further releases, assigns and waives any and all rights of subrogation or recovery against, inter alia, the Authority and its assigns, undertakings and their subsidiaries, affiliates, employees, successors, insurers and underwriters, which the Concessionaire may otherwise have or acquire in or from or in any way connected with any loss, liability or obligation covered by policies of insurance maintained or required to be maintained by the Concessionaire pursuant to this Agreement (other than third party liability insurance policies) or because of deductible clauses in or inadequacy of limits of any such policies of insurance.

  • Guests There shall be no other persons living on the Premises other than the Tenant and any Occupant(s). Guests of the Tenant are allowed for periods not lasting for more than 48 hours unless otherwise approved by the Landlord in writing.

  • Obligations of the Concessionaire 5.1.1 Subject to and on the terms and conditions of this Agreement, the Concessionaire shall, at its own cost and expense, procure finance for and undertake the design, engineering, procurement, construction, operation and maintenance of the Project and observe, fulfil, comply with and perform all its obligations set out in this Agreement or arising hereunder.

  • Subleases (a) Promptly, but in any event within five (5) Business Days, following the execution and delivery of any sublease permitted by this Article XXV, Lessee shall notify Lessor of the execution of such sublease. As of the date of each Lease Supplement, Lessee shall lease the respective Property described in such Lease Supplement from Lessor, and any existing tenant respecting such Property shall automatically be deemed to be a subtenant of Lessee and not a tenant of Lessor.

  • SUB-LETTING This Rental Agreement shall not be assigned nor shall the premises be sub-let without written consent of the Landlord.

  • Leases The Property is not subject to any leases other than the Leases described in the rent roll attached hereto as Schedule I and made a part hereof, which rent roll is true, complete and accurate in all respects as of the Closing Date. Borrower is the owner and lessor of landlord’s interest in the Leases. No Person has any possessory interest in the Property or right to occupy the same except under and pursuant to the provisions of the Leases. The current Leases are in full force and effect and there are no defaults thereunder by any party and there are no conditions that, with the passage of time or the giving of notice, or both, would constitute defaults thereunder, except as disclosed and certified by Borrower. No Rent has been paid more than one (1) month in advance of its due date. All security deposits are held by Borrower in accordance with applicable law. All work to be performed by Borrower under each Lease has been performed as required and has been accepted by the applicable Tenant, and any payments, free rent, partial rent, rebate of rent or other payments, credits, allowances or abatements required to be given by Borrower to any Tenant has already been received by such Tenant. There has been no prior sale, transfer or assignment, hypothecation or pledge of any Lease or of the Rents received therein which is outstanding. No Tenant listed on Schedule I has assigned its Lease or sublet all or any portion of the premises demised thereby, no such Tenant holds its leased premises under assignment or sublease, nor does anyone except such Tenant and its employees occupy such leased premises. No Tenant under any Lease has a right or option pursuant to such Lease or otherwise to purchase all or any part of the leased premises or the building of which the leased premises are a part. No Tenant under any Lease has any right or option for additional space in the Improvements except as disclosed in existing Leases. Further, all Major Leases and all renewals, amendments and modifications thereof and waivers thereunder executed after the date hereof shall be subject to Lender’s prior written approval. Lender shall execute and deliver its standard form of subordination, non-disturbance and attornment agreement to Tenants under any future Major Lease approved by Lender promptly upon request, with such commercially reasonable changes as may be requested by such Tenants, and which are reasonably acceptable to Lender.

  • Subleasing Without limiting City’s discretion in approving or disapproving a proposed Transfer, if and to the extent City permits Tenant to sublease the Premises, the following shall apply:

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Capital Leases No Covered Person has an interest as a lessee under any Capital Leases other than Capital Leases that are Permitted Indebtedness.

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

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