INTERCOMPANY RESTAURANT Sample Clauses

INTERCOMPANY RESTAURANT. The Tenant shall be entitled to use the intercompany restaurant situated on the Business Park. The intercompany restaurant is governed by a contract appointing Alcatel CIT as representative of all parties thereto. The Tenant acknowledges that it has read the contract having been a tenant of the Business Park prior to execution of the Lease and undertakes to fulfil all its obligations under the contract or any other contract which might replace it such that the Landlord shall never incur any expense or cost in that respect.
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INTERCOMPANY RESTAURANT. Notwithstanding article 2.10.3 of this lease, it is specified that the building does not have a restaurant as of the date of signature of the lease.
INTERCOMPANY RESTAURANT. The building complex, consisting of 6 buildings for office use, in which the leased premises are located includes an intercompany restaurant that belongs jointly to the group of owners and co-owners of those buildings. Building "F" is allocated 121 joint shares out of a total of 1,400 shares. The owners of common spaces have made the intercompany restaurant available to an association governed by the law of July 1st, 1901, under a free loan agreement. THE LESSEE shall bear, in proportion to the leased areas and up to the share of building "F", the entire expenses incumbent upon the Association together with the cost of renewal of equipment, furnishings and furniture of the intercompany restaurant. THE LESSEE shall be responsible, during the term of the lease, for the work and repairs, as defined in Article 1754 of the Civil Code, and for all repairs that may become necessary because of his failure to execute repairs incumbent upon him or resulting from his actions or those of his personnel. All other repairs shall be incumbent upon THE LESSOR. Moreover, THE LESSEE shall bear, in proportion to the leased areas, the share allocated to the restaurant in the expenses of the Association (L'ASSOCIATION SYNDICALE LIBRE). Excluding the fees to be paid to THE LESSOR for the intercompany restaurant and set at 50 F/m2 exclusive of tax, and excluding the admission fee to be paid to SODEXHO, the entire aforementioned charges relating in particular to operation expenses, to the cost of renewal of equipment, furnishings and furniture of the restaurant, and to repair expenses, are included in the advance payment on charges paid by THE LESSEE under Article 5-2 of this lease.

Related to INTERCOMPANY RESTAURANT

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and ICD will not be liable for any damage to the equipment.

  • Intercompany Arrangements Prior to the Closing, the Seller shall cause any contract or arrangement that is disclosed (or should have been disclosed) in Section 3.15(a)(x) of the Disclosure Schedule, other than those contracts or arrangements set forth in Section 6.10 of the Disclosure Schedule, to be terminated or otherwise amended to exclude the Companies and the Transferred Subsidiaries as parties thereto.

  • Changes in Equipment, Systems, Etc USBFS reserves the right to make changes from time to time, as it deems advisable, relating to its systems, programs, rules, operating schedules and equipment, so long as such changes do not adversely affect the services provided to the Trust under this Agreement.

  • Intercompany Transactions 89 Section 9.13

  • Location of Equipment The Equipment of Borrower and its Subsidiaries is not stored with a bailee, warehouseman, or similar party and is located only at, or in-transit between, the locations identified on Schedule 5.14 (as such Schedule may be updated pursuant to Section 5.14).

  • Excluded Assets Notwithstanding the foregoing, the Purchased Assets shall not include the following assets (collectively, the “Excluded Assets”):

  • No Impairment of Intercompany Transfers No Credit Party shall directly or indirectly enter into or become bound by any agreement, instrument, indenture or other obligation (other than this Agreement and the other Loan Documents) that could directly or indirectly restrict, prohibit or require the consent of any Person with respect to the payment of dividends or distributions or the making or repayment of intercompany loans by a Subsidiary of any Borrower to any Borrower or between Borrowers.

  • Leased Equipment Schedule 3.16(e) hereto contains a list of all leases or other agreements, whether written or oral, under which the Corporation is lessee of or holds or operates any items of machinery, equipment, tools, motor vehicles, furniture and fixtures or other property (other than real property) owned by any third party (collectively, the "Leased Equipment").

  • Equipment; Leasehold (a) All material items of equipment and other tangible assets owned by or leased to the Company are adequate for the uses to which they are being put, are in good condition and repair (ordinary wear and tear excepted) and are adequate for the conduct of the Company's business in the manner in which such business is currently being conducted.

  • Accounts Receivable and Payable The accounts receivable reflected on the Financial Statements arose in the ordinary course of business and, except as reserved against on the Financial Statements, are collectible in the ordinary course of business and consistent with past practices, free of any claims, rights or defenses of any account debtor. No accounts payable of the Company are over forty-five (45) days old.

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