Abandoned Equipment definition
Examples of Abandoned Equipment in a sentence
Upon removal of the Abandoned Equipment or upon the removal or making safe of Underground Structures, the Company shall repair any damage resulting from such removal or making safe and restore the affected Trail to the condition in which they existed prior to the removal or making safe unless the Municipality does not require the repair.
Upon request The Company must provide a photograph of the location where the Abandoned Equipment existed showing that the Equipment has been removed.
If the Company fails to remove Abandoned Equipment in a safe manner and restore the ROWs within the time specified above, and to the satisfaction of the Public Works Department and Engineering Department, the Township may complete said work and the Company shall pay the associated Township’s Costs.
If the Company fails to remove Abandoned Equipment in a safe manner and restore the ROWs within the time specified above, and to the satisfaction of the Public Works Department and Engineering Department, the Municipality may complete said work and the Company shall pay the associated Municipality’s Costs.
Any part of the RNG Plant that has not been removed prior to the expiration of the Removal Period shall be deemed to have been abandoned (collectively, the “Abandoned Equipment”), and title to such Abandoned Equipment shall, at Landlord’s option, vest in Landlord at the end of the Removal Period, without any payment or other consideration given by Landlord.
With respect to all Abandoned Equipment in which Landlord does not take title, in the event Landlord elects to remove or demolish such Abandoned Equipment, Tenant shall be charged and Tenant agrees to pay all reasonable costs and expenses incurred by Landlord for such removal or demolition.
After removal of the Abandoned Equipment the Company must provide The City with an Abandoned Equipment Removal Certificate.
Except for the Abandoned Equipment, Borrower shall keep and maintain and shall cause Guarantor to keep and maintain the Equipment in good operating condition and repair (ordinary wear and tear excepted), and make all necessary replacements thereto so that the value and operating efficiency thereof shall at all times be maintained and preserved.
The City may, in its sole and unfettered discretion, request removal of below ground Abandoned Equipment at any time the Abandoned Equipment interferes with any project approved by The City (including a project of a Third Party as may be approved by The City) which requires excavation or otherwise disturbs a portion of a Service Corridor where the Abandoned Equipment is located.
After removal of the Abandoned Equipment, the Company must make safe and Restore the Service Corridor or City Structure to the condition in which it existed prior to the removal of the Abandoned Equipment.