Alternative Use definition
Examples of Alternative Use in a sentence
The Contractor seeking alternative use or reuse of the facility must submit an application to the Minister for approval of the Alternative Use Plan.
In the event the LESSEE desires to create or implement an Alternative Use, the LESSEE covenants and agrees to enter into a new written agreement with OLI for such Alternative Use on such terms and conditions as shall be agreeable to OLI and the LESSEE.
An Alternative Use shall include, without limitation, the utilization or combination by the LESSEE of any data or results obtained from The System or the Services in conjunction with any separate software, computer program or system, whether owned or operated by the LESSEE or any third party, in order to facilitate, improve, enhance or in any other way develop such other software, computer program or system, in lieu of or in circumvention of The System or the Services.
In Section 6.10, line 9, the word "value" shall be defined as the midpoint between the Alternative Use Market Value and the Continued Use Market Value, as defined in the appraisal completed by the Gem Real Estate dated July 21, 1994.
Licensor shall defer to Licensee’s discretion for using a Lesser Quality Product as an Alternative Use Product provided that such Alternative Use Product shall comply with Applicable Law.
Agent shall have received, in form and substance satisfactory to it, such additional approvals, opinions, documents and other information as Agent or any Lender (through Agent) may reasonably request (including, without limitation, any of the foregoing as the same may relate to Alternative Use Receivables or Expansion Loans).
If Carrier approves the Alternative Use of Equipment, Contractor will be given an oral or emailed release number from Carrier’s dispatch.
Borrower will use the proceeds of the Loans solely for the purpose of providing financing to (x) Unified Patrons in accordance with the GCC Loan Guidelines (or, in the case of Loan proceeds which give rise to, or enable the Borrower to make or maintain, Alternative Use Receivables, as otherwise approved by the Agent) and (y) to Affiliates of Borrower pursuant to Affiliate Loans.
To the extent [***] is in a commercially reasonable manner able to make Alternative Use or a Third Party Sale of any Equipment at any time after [***] paid the Costs arising from or related to such Equipment, [***] notify [***] of such Alternative Use or Third Party Sale and shall reimburse [***] for the full amount of the Costs paid by [***] with respect to such Equipment.
Compensation for Alternative-Uses-Of-Equipment In connection with any Alternative Use of Equipment, Contractor will submit any necessary Sublease- or other Alternative Use-related shipping documents to, and obtain settlement compensation directly and exclusively from, Sublease Carrier (in the case of Sublease trips) or the shipper or broker (in the case of Contractor Motor Carriage or Exempt Motor Carriage trips).