New Containers Clause Samples
The "New Containers" clause establishes the terms under which new shipping or storage containers are provided or used within the scope of an agreement. Typically, this clause outlines the responsibilities for supplying, maintaining, or replacing containers, and may specify standards for container quality, delivery timelines, or cost allocation between parties. By clearly defining these aspects, the clause helps prevent disputes over container condition or availability, ensuring smooth logistics and minimizing interruptions in the supply chain.
New Containers. At the start of this Agreement, Contractor must supply new Carts and 1786 newly painted Bins and Roll-off Containers in good condition that comply with Collection Container 1787 specifications in Exhibit 4. If any changes to these specifications are adopted after the Effective Date that 1788 results in Contractor being required to replace Collection Containers before they have been fully depreciated, 1789 Contractor will be eligible for additional compensation in accordance with Section 30.01.1. 1790 12.02.1 Purchase and Distribution of Collection Containers for New Commercial Service 1791 Units. Contractor must also distribute newly painted Collection Containers as specified in Exhibit 4 to new 1792 Commercial and MFD/MXD Service Units that are added to Contractor’s Service Area during the term of 1793 this Agreement. The size and mix of the Collection Containers will be in accordance with the service 1794 agreement obtained by Contractor as set forth in this Agreement and the distribution must be completed 1795 within five (5) Work Days of receipt of the request for service. 1796 12.02.2 Replacement of Collection Containers. Contractor’s employees must avoid 1797 damage to Collection Containers by unnecessary rough treatment. Any Collection Container damaged by 1798 the Contractor must be replaced by Contractor, at Contractor's expense, within five (5) Work Days at no 1799 cost or inconvenience to the Service Recipient. 1800 12.02.2.1 Each Commercial Service Unit is entitled to the replacement of 1801 one (1) lost, destroyed, or stolen Garbage, Recycling, and Organic Collection Container during the initial 1802 term of this Agreement at no cost to the Service Unit. Accordingly, Contractor will be compensated for the 1803 cost of those replacements in excess of one (1) Garbage, Recycling, and Organic Collection Container per 1804 Commercial Service Unit during the initial term of the Agreement, in accordance with the “Collection 1805 Container Exchange” Service Rate, as appropriate, set forth in Exhibit 1. Contractor must deliver a 1806 replacement Collection Container to such Service Unit within five (5) Work Days. 1807 12.02.3 Repair of Collection Containers. Contractor is responsible for repair of Collection 1808 Containers. Within five (5) Work Days of notification by City or a Service Recipient of the need for such 1809 repairs, Contractor must repair/repaint the Collection Container or if necessary, remove the Collection 1810 Container for repairs a...
New Containers. All Containers purchased or otherwise acquired by the Borrower after the Original Closing Date. Note: Any or all, as the context may require, of the Class A Notes and the Class B Notes.
New Containers. (i) [***]*
(ii) If Silgan proposes a New Container to Del Monte and Del Monte accepts Silgan’s proposal for such New Container, Exhibits A and B shall be revised accordingly.
New Containers. This term shall have the meaning set forth in Section 101 of the Loan Agreement.
New Containers. New Containers to be purchased by the Manager from the manufacturer for the direct or indirect account of the Company, Textainer, any Affiliate or any third party, and any assets related to such Containers, but excluding any new Containers purchased by the Manager as a replacement or substitution Container for a Managed Container subject to a Casualty Loss.
New Containers. Borrower has recently purchased not less than two hundred (200) new containers (the “New Containers”) which are and shall form and be a part of the Forbearance Collateral, and such New Containers are and shall be free and clear of all other liens, security interests, claims or other encumbrances, including, without limitation, any lien, security interest, claim or other encumbrance in favor of the Senior Secured Note Trustee or relating to the Senior Secured Notes.