Purchase of Inventories and Fixed Asset Supplies Sample Clauses

Purchase of Inventories and Fixed Asset Supplies. Upon Termination, either of this entire Agreement or with respect to a given Inn, Manager shall have the option, to be exercised within thirty (30) days after Termination, to purchase, at their then book value, any items of such Inn's Inventories and Fixed Asset Supplies as may be marked with any Trade Name, or any Marriott or Residence Inn trademark, other trade name, symbol, logo or design. In the event Manager does not exercise such option, Lessee agrees that it will use any such items not so purchased exclusively in connection with such Inn (or one of the other Inns) until they are consumed.
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Purchase of Inventories and Fixed Asset Supplies. Upon Termination, Operator shall have the option, to be exercised within thirty (30) Days after Termination, to purchase, at their then book value, any items of the Retirement Community's Inventories and Fixed Asset Supplies as may be marked with the Proprietary Marks subject to Section 4.
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Purchase of Inventories and Fixed Asset Supplies. Upon Termination, Management Company shall have the option, to be exercised within thirty (30) days after Termination, to purchase, at their then book value, any items of the Hotel's Inventories and Fixed Asset Supplies as may be marked with the Marriott name or any Marriott trademark, trade name, symbol, logo, or design. Should the removal of any such items result in damage to other Hotel property, Management Company shall be responsible for repairing such harm. In the event Management Company does not exercise its purchase option, Owner agrees that it will use any such items not so purchased exclusively in connection with the Hotel until they are consumed.
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Purchase of Inventories and Fixed Asset Supplies. Upon Termination, Management Company shall have the option, to be exercised no later than thirty (30) days prior to Termination, to elect to purchase, at their then book value, any items of the Inn's Inventories and Fixed Asset Supplies as may be marked with the Marriott or Residence Inn name or any other Proprietary Xxxx. In the event Management Company does not exercise such option, Owner agrees that it will use any such items not so purchased exclusively in connection with the Inn September 13, 1993 113 until they are consumed.
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Purchase of Inventories and Fixed Asset Supplies. A. Upon Termination, either of this entire Agreement or for a given Hotel, Manager shall have the option, to be exercised within thirty (30) days after Termination, to purchase, at their then book value, any items of such Hotel's Inventories and Fixed Asset Supplies as may be marked with the Marriott, Courtyard by Marriott, or Courtyard names or any Marriott or Courtyard trademark, trade name, symbol, logo or design. If Manager does not exercise such option, Owner will use any items not so purchased exclusively in connection with the Hotel in which they are located until they are consumed.
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Purchase of Inventories and Fixed Asset Supplies. Upon Termination, the Management Company shall purchase, within [ ] days after Termination, at their then book value, any items of the Hotel's Inventories and Fixed Asset Supplies as may be marked with the [ ] name or any [ ] trade name, trademark, symbol, logo or design. In the event that Owner and Management Company mutually agree that certain items will not be so purchased, Owner covenants that any such items not so purchased shall be used exclusively in connection with the Hotel until they are consumed.
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Related to Purchase of Inventories and Fixed Asset Supplies

  • Buyer Furnished Equipment 14.3.2.1 The Seller shall introduce data related to Buyer Furnished Equipment, for equipment that is installed on the Aircraft by the Seller (hereinafter “BFE Data”) into the customized Technical Data, at no additional charge to the Buyer for the initial issue of the Technical Data provided at first Aircraft Delivery, provided such BFE Data is provided in accordance with the conditions set forth in Clauses 14.3.2.2 through 14.3.2.6.

  • Location of Inventory and Equipment The Inventory and Equipment are not stored with a bailee, warehouseman, or similar party (without Foothill's prior written consent) and are located only at the locations identified on Schedule 6.12 or otherwise permitted by Section 6.12.

  • As to Equipment and Inventory The Grantor hereby agrees that it shall

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.

  • Designated Equipment; Designated Locations The System and the Data Access Services shall be used and accessed solely on and through the Designated Configuration at the offices of the Fund or the Fund Accountants in Xxxxxxxxx, Xxxxxxxx xx Xxxxxx Xxxxx, Xxxxxxxx (“Designated Locations”).

  • Supplies and Equipment Property Manager may purchase, provide and pay for out of the Operating Account (so long as contemplated by the Budget or deemed to be a Permitted Expenditure) all needed janitorial and maintenance supplies, tools and equipment, restroom and toilet supplies, light bulbs, paints and similar supplies necessary for the management, operation and maintenance of the Property (collectively, the “Supplies and Equipment”). Such Supplies and Equipment shall be the property of Company, shall be delivered to and stored at the Property and shall be used only in connection with the management, operation, and maintenance of the Property. Property Manager shall use commercially reasonable efforts to purchase all goods, supplies or services at the lowest cost reasonably available from reputable sources in the metropolitan area where the Property is located.

  • Tooling Inventory that consists of tooling or replacement parts;

  • Inventories The Operator shall maintain detailed records of Controllable Material.

  • Equipment and Inventory With respect to any Equipment and/or Inventory of an Obligor, each such Obligor has exclusive possession and control of such Equipment and Inventory of such Obligor except for (i) Equipment leased by such Obligor as a lessee or (ii) Equipment or Inventory in transit with common carriers. No Inventory of an Obligor is held by a Person other than an Obligor pursuant to consignment, sale or return, sale on approval or similar arrangement.

  • Location of Equipment and Inventory All Equipment and Inventory are (i) located at the locations indicated on Schedule 4 (ii) in transit to such locations or (iii) in transit to a third party purchaser which will become obligated on a Receivable to the Debtor upon receipt. Except for Equipment and Inventory referred to in clauses (ii) and (iii) of the preceding sentence, the Debtor has exclusive possession and control of the Inventory and Equipment.

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