Return of the Rental Object Sample Clauses

Return of the Rental Object. 1. The tenant agrees to return the rental object and the common use areas to the landlord in the same condition, except for normal wear and tear, as they existed at the time of transfer at the beginning of the rental arrangement, as documented in the transfer document (Appendix 4).
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Return of the Rental Object. The Lessee shall deliver the Rental Object in operating condition, clean, and fully equipped to the rental point where the Lessee accepted the object. The object can be delivered to another rental point with the written consent of the Lessor, but the Lessee may participate in covering additional transportation costs. If the Rental Object does not comply with the aforementioned requirements at the time of return or has other deficiencies that prevent it from being rented to other customers, the Lessor may repair the equipment at the Lessee’s expense. The Lessee will receive an invoice for an extension of the rental period corresponding to the time spent repairing the returned equipment.
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Return of the Rental Object. 12.1 The Lessee shall return the Rental Object to the Lessor at the end of the rental term in a well cleaned state. The parts of the Rental Object which were newly painted at the commencement of the Rental Agreement (e.g. walls, ceilings, doors etc.) shall be returned in a newly painted condition.
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Return of the Rental Object. When the Rental Object is to be returned, for whatever reason, it must be sent back to Canon without delay, whereby this is arranged by Canon but at the Customer’s risk and expense. The Customer’s liability for care of the Rental Object does not cease until Canon, or its representative, has taken possession of the Rental Object. The Customer has no right at all to use the Rental Object after the end of the Rental Period. Canon will carry out an inspection of the Rental Object after its return, and is entitled to charge the Customer the cost of this inspection pursuant to Canon’s applicable price list. The Rental Object is deemed to have been returned when it has come into Canon’s possession. When the Rental Object is to be returned, for whatever reason, it must have been well cleaned and in a condition that Canon finds acceptable, considering normal wear and tear. Otherwise, Canon is entitled to restore the Rental Object at the Customer’s expense. If the Rental Object is not returned within thirty (30) days after the end of the Rental Period, for whatever reason, the Customer is obligated to compensate Canon by paying an amount equivalent to the Rental Object’s full market value.
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Return of the Rental Object. The lessee shall return the same rented object received from the lessor in a cleaned and usable condition to the lessor's domicile or to another place designated by the lessor which is not further away. The lessee must notify the lessor in writing of the return in advance. The return shipment must be made according to the delivery and must be provided with a delivery note. The lessee is liable for the rented object until the time it arrives at the lessor. If the rental object does not meet these requirements on return or if it has other defects, the rent shall be extended until the usability or operational readiness is restored or the defects are remedied. Repair and cleaning is at the expense of the lessee. The lessor shall inspect the rented property immediately upon receipt and notify the lessee in writing of any defects within 8 days.
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Related to Return of the Rental Object

  • Rental Obligations All present or future obligations of any Loan Party or any of its Subsidiaries under any rental agreements or leases of real or personal property, other than (a) obligations that can be terminated by the giving of notice without liability to CAI or such Subsidiary in excess of the liability for rent due as of the date on which such notice is given and under which no penalty or premium is paid as a result of any such termination, (b) obligations under rental agreements relating to equipment other than Equipment having an aggregate value of, in the case of CAI, less than Five Million Dollars ($5,000,000) for all such agreements or, in the case of the Borrower and its Subsidiaries, less than Two and One-Half Million Dollars ($2,500,000) for all such agreements, (c) obligations in respect of any Capitalized Leases, (d) any obligations incurred in a lease transaction where the obligation of CAI or its Subsidiary to pay rent thereunder is limited to a pass-through of net rental amounts received by CAI or its Subsidiaries from a sublessee of container equipment under such transaction (“net sublease rentals”), so that if there are no net sublease rental amounts received by CAI or its Subsidiaries from a sublessee then CAI or its Subsidiaries would have no obligation to make any rental payment under or in connection with such transaction, shall not constitute a Rental Obligation hereunder; and (e) obligations under the lease of commercial office properties in the conduct of the business of any Loan Party or any of its Subsidiaries shall not be deemed a Rental Obligation hereunder. For purposes of this Credit Agreement, the aggregate amount of Rental Obligations of CAI and its Subsidiaries shall, as at any date of determination, be an amount equal to the net present value, calculated at a discount rate of nine percent (9.00%) per annum, of the future Rental Obligations of such Person.

  • Governmental Obligors None of the Account Debtors on such Grantor’s Accounts, Chattel Paper or Payment Intangibles is a Governmental Authority.

  • Environmental Obligations Provided Closing occurs, and except as expressly addressed in Section 4.12, Buyer assumes full responsibility and liability for the following occurrences, events, conditions, and activities on, or related to, or attributable to Seller’s ownership or operation of the Assets (the “Environmental Obligations”) regardless of whether arising from Seller’s ownership or operation of, or relating to, the Assets before or after the Effective Time, and regardless of whether resulting from any acts or omissions of Seller or its Representatives (INCLUDING THOSE ARISING FROM THE SOLE, JOINT OR CONCURRENT NEGLIGENCE (BUT NOT WILLFUL MISCONDUCT), STRICT LIABILITY, OR OTHER LEGAL FAULT OF SELLER OR ANY OF SELLER’S REPRESENTATIVES), or the condition, including the environmental condition, of the Assets when acquired:

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

  • Termination of the Exchange Fund Any portion of the Exchange Fund which remains undistributed to the holders of the Certificates for six months after the Effective Time shall be delivered to Parent, upon demand, and any holders of the Certificates who have not theretofore complied with this Article II shall thereafter look only to Parent for, and Parent shall remain liable for, payment of their claim for the Merger Consideration.

  • Government Obligations 4 Holder..........................................................................................

  • Investment of the Exchange Fund The Exchange Agent shall invest any cash included in the Exchange Fund as directed by Parent on a daily basis. Any interest and other income resulting from such investments shall promptly be paid to Parent.

  • Exchange Fund At or prior to the Closing, Parent will deposit (or cause to be deposited) with the Payment Agent, by wire transfer of immediately available funds, for payment to the holders of shares of Company Common Stock pursuant to Section 2.7, an amount of cash equal to the aggregate consideration to which such holders of Company Common Stock become entitled pursuant to Section 2.7. Until disbursed in accordance with the terms and conditions of this Agreement, such cash will be invested by the Payment Agent, as directed by Parent or the Surviving Corporation, in (i) obligations of or fully guaranteed by the United States or any agency or instrumentality thereof and backed by the full faith and credit of the United States with a maturity of no more than 30 days; (ii) commercial paper obligations rated A-1 or P-1 or better by Xxxxx’x Investors Service, Inc. or Standard & Poor’s Corporation, respectively; or (iii) certificates of deposit, bank repurchase agreements or banker’s acceptances of commercial banks with capital exceeding $1,000,000,000 (based on the most recent financial statements of such bank that are then publicly available) (such cash and any proceeds thereon, the “Exchange Fund”). To the extent that (A) there are any losses with respect to any investments of the Exchange Fund; (B) the Exchange Fund diminishes for any reason below the level required for the Payment Agent to promptly pay the cash amounts contemplated by Section 2.7; or (C) all or any portion of the Exchange Fund is unavailable for Parent (or the Payment Agent on behalf of Parent) to promptly pay the cash amounts contemplated by Section 2.7 for any reason, Parent will, or will cause the Surviving Corporation to, promptly replace or restore the amount of cash in the Exchange Fund so as to ensure that the Exchange Fund is at all times fully available for distribution and maintained at a level sufficient for the Payment Agent to make the payments contemplated by Section 2.7. Any income from investment of the Exchange Fund will be payable to Parent or the Surviving Corporation, as Parent directs.

  • SECTION 1204 Effect of Supplemental Indentures ......................59

  • Funding Account The Administrative Agent shall have received a notice setting forth the deposit account of the Borrower (the “Funding Account”) to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.

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