Relocation Conditions Sample Clauses

Relocation Conditions. ‌ A ‘relocation’ is a necessary vehicle movement between Travellers Autobarn branches to meet the needs of full fee-paying reservations. If necessary Travellers Autobarn will offer a ‘relocation’ Vehicle at a heavily discounted rate, but will do so over the strictest of short periods such as to cover the transport needs of the Vehicle movement. Should you wish to travel for longer periods or desire more freedom with your Vehicle, we highly recommend you inquire about Travellers Autobarn’s very competitive rental rates. 25.1 The rental of relocation Vehicles is subject to the standard Terms & Conditions of Travellers Autobarn. 25.2 Relocations must be delivered in the set days we outline and may be offered from as little as $1.00 per day. 25.3 Relocations can only be collected on a weekday after 1PM on the day of pick-up. No relocations are available for Saturdays. 25.4 A minimum $200 cancellation fee applies for any confirmed relocation bookings which are cancelled or if the Vehicle is not collected on the date agreed. 25.5 Any late deliveries will incur penalties of $500 per day. There is a reason for the relocation. Usually it is being moved to fulfill a full fare paying reservation. 25.6 Any request to extend relocations will be considered subject to availability, and if approved will be charged at the standard daily rental rate from day one. Minimum rental periods may also apply.

Relocation Conditions. A ‘relocation’ is a necessary vehicle movement between branches to satisfy the needs of full fee-paying reservations. Travellers Autobarn will offer a ‘relocation’ Vehicle at a heavily discounted rate but will do so over the strictest of short periods such as to cover the transport needs of the Vehicle movement. Should you wish to travel for longer periods or desire more freedom with your Vehicle, we high ly recommend you inquire about Travellers Autobarn’s very competitive rental rates. 34.1 The rental of relocation Vehicles is subject to the standard Terms & Conditions of Travellers Autobarn. 34.2 Relocations must be delivered in the set days we outline and may be offered from as little as ¥100 per day. 34.3 Relocations can only be collected after 1PM on the day of pick-up. No relocations are available for Saturdays. 34.4 A security bond of ¥300,000 applies to each relocation, which will be preauthorised to your credit card at the time you hire the Vehicle – there are no further liability reduction options available to reduce the amount of your security bond for relocations. 34.5 A minimum ¥20,000 cancellation fee applies for any confirmed relocation bookings which are cancelled or if the Vehicle is not collected on the date agreed. 34.6 Any late deliveries will incur penalties of ¥50,000 per day. There is a reason for the relocation. Usually, it is being moved to fulfill a full fare paying reservation. 34.7 Any request to extend relocations will be considered subject to availability, and if approved will be charged at the standard daily rental rate from day one. Minimum rental periods may also apply.

Relocation Conditions. 5.2.1 The Relocation Completion shall be conditional upon the following conditions being fulfilled or waived (the “Relocation Conditions”): (a) Frontline being tax resident in Cyprus; (b) the Frontline Relocation Approval having been received; and (c) the fulfilment of all requirements under Applicable Law to ensure continued listing of Frontline on NYSE and OSE, including but not limited to: (i) the Form F-4 (Relocation) shall have become effective under the 1933 Act and shall not be the subject of any stop order suspending the effectiveness thereof or any proceedings initiated by the SEC seeking any such stop order; and (ii) the Frontline Cyprus shares shall have been approved for listing on NYSE, subject to the Relocation Completion. 5.2.2 The Relocation Conditions may solely be waived (in whole or in part, and only to the extent permitted by Applicable Law) by Frontline. 5.2.3 Frontline shall keep Euronav advised of the progress towards the satisfaction of the Relocation Conditions and shall promptly notify Euronav if it becomes aware of any matter that shall cause any of the Relocation Conditions not to be capable of satisfaction. In such case, the Parties shall meet and in good faith discuss and negotiate and use their best efforts in trying to agree on an alternative transaction structure with the aim to achieve the Relocation and the Combination. If no alternative structure to complete the Relocation and Combination can be concluded between the Parties on or before the date falling three months after such meeting, then either Party may, at its sole discretion, decide to terminate this Agreement in accordance with Clause 14. For the avoidance of doubt, this shall also include a right for Frontline, at its sole discretion, to relocate back to Bermuda following such termination of this Agreement.

Relocation Conditions. The Company acknowledges and agrees that Executive’s relocation from Executive’s prior residence in Wausau, Wisconsin (the “Prior Residence”) to a primary residence within 50 miles of Ripon, Wisconsin has been completed notwithstanding that the Prior Residence has not yet been sold. With respect to the Prior Residence: a. In the event the gross sale proceeds (as set forth in the contract of sale) to Executive from the sale of the Prior Residence are less than Executive’s cost basis in the Prior Residence (which cost basis has been previously agreed between the parties), the Company shall reimburse Executive for an amount (the “Loss Payment”) equal to the difference between (x) such gross sale proceeds and (y) such cost basis. Such payment will be paid within ten (10) days following the date of sale. b. From the date of this Agreement through the date of sale of the Prior Residence, the Company shall reimburse Executive an amount equal to the interest on either (x) the mortgage on the Prior Residence or (y) the indebtedness on Executive’s current residence, whichever is less. c. In order to facilitate the sale of the Prior Residence and to maintain the property so as to minimize the amount of the Loss Payment, the Company shall bear (or, if paid by Executive, reimburse) the cost of (x) customary and ordinary course landscaping of the Prior Residence, (y) utilities (gas, electric, water and heat) of the Prior Residence and (z) all other reasonable incidental expenses related to the upkeep and sale of the Prior Residence, in each case from the date of this Agreement through the date of sale of the Prior Residence. d. At the same time that the Loss Payment is paid, the Company shall provide Executive with an additional gross-up payment (an “Additional Payment”) such that, after payment of Federal, state and local taxes on such additional payment, Executive retains an amount of cash equal to the Loss Payment. An Additional Payment shall also be paid with respect to the amounts specified in paragraphs (b) and (c), to be paid at the same time that the amounts in such paragraphs are paid. e. The Company and Executive will cooperate with each other with respect to the sale of the Prior Residence. Without limiting the generality of the immediately preceding sentence, Executive will consult with the Company as to any offer of purchase for the Prior Residence that he receives prior to determining whether to accept or reject such offer or to make a counteroffer thereto...