Comparable Facility definition

Comparable Facility means a facility having as its primary use the Primary Intended Use and which is reasonably acceptable to Landlord, with an expected future profitability substantially equivalent to or greater than that of the Designated Leased Property which Tenant proposes that it replace, both immediately prior to such substitution and as reasonably projected over the term of this Agreement, taking into account any cash paid or received in connection with the substitution and any other relevant factors.
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Comparable Facility means a facility reasonably acceptable to the Purchaser, operated as the same type of business as the Facilities, with an expected future profitability substantially equivalent to or greater than that of the Designated Facility both immediately prior to such substitution and as reasonably projected over the term of the Facilities Lease, taking into account any relevant factors. Magellan shall pay all costs and expenses incurred in connection with any substitution of facilities, including reasonable attorneys' fees and expenses. After the substitution, a Comparable Facility shall be treated as if it were a Facility under this Agreement.
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Comparable Facility means the amended and restated facility substantially in the form attached hereto as Exhibit G.
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Examples of Comparable Facility in a sentence

  • The Committee hereby establishes the National Laboratories Subcommittee to assist the Committee in discharging its governance and oversight responsibilities with regard to the Lawrence Berkeley National Laboratory, the Lawrence Livermore National Laboratory, the Los Alamos National Laboratory, and any other Comparable Facility.

  • A Comparable Facility shall include any National Laboratory or other Federally Funded Research and Development Center as identified by federal regulation.

  • Such table should identify the stages of Project Delivery experience that each Comparable Facility is intended to evidence (and should identify not less than two (2) Comparable Facilities for each such stage).

  • On October 10th, Kathy, myself and Nina provided a well attended training to all district secretaries on Business Office updates.

  • In addressing the Project Plan Requirement, Respondents should relate their relevant experiences (as provided through the applicable Prescribed Form – Comparable Facility Experience, each applicable Prescribed Form – Entity Profile and each applicable Prescribed Form – Individual Personnel Profile included in the Respondent's Qualification Submission) to their project plan and Respondents are encouraged to refer to Appendix Q – Representative Activities.

  • In the event of relocation, the community will make every effort to transfer the Resident back to Salemtowne when accommodations become available.Upon the Resident’s relocation to a Comparable Facility, the Resident will continue to be responsible for the Monthly/Daily Fee (unless their Living Accommodation is surrendered).

  • If the Lessor shall have determined that the Proposed Facility constitutes a Comparable Facility, on the Substitution Date, after the consummation of a substitution in accordance with the terms hereof, Lessor will convey the Leased Property to Lessee in accordance with the provisions of Article 18 (except as to payment of any expenses in connection therewith which shall be governed by Section 22.4 below) and this Lease shall thereupon terminate as to the Leased Property.

  • Proposals shall contain post orders from Vendor’s facility or Most Comparable Facility (MCF) for the control center and one housing unit security post.

  • Note: The Project Plan will be used for information and evaluation purposes only and will not be incorporated into any resulting contract.APPENDIX 7 COMPARABLE FACILITY EXPERIENCEAll capitalized terms and acronyms used in the form - Comparable Facility Experience and its instructions, unless otherwise stated, have the meanings ascribed to them in the RFP.

  • No.Bidder’s Team Member name (includes entity or individual)Entity or IndividualForm - Comparable Facility Experience Submission Information Comparable Facility Number:(which corresponds to Table 1) 1.


More Definitions of Comparable Facility

Comparable Facility. 4 1.17 "Condemnation" 4
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Comparable Facility. As defined in Section 25.1.
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Comparable Facility shall be defined as an adult care residence, assisted living facility or other similar senior housing facility which Lessor determines (a) has an appraised Fair Market Value greater than or equal to the greater of (i) the appraised Fair Market Value of the Leased Property at the Commencement Date or (ii) the appraised Fair Market Value of the Leased Property at the time that the applicable Substitution Notice is furnished to Lessor (based on appraisal criteria then in effect), (b) has a Rent Coverage Ratio greater than or equal to the greater of (i) the Rent Coverage Ratio of the Leased Property as of the Commencement Date or (ii) the Rent Coverage Ratio of the Leased Property at the time that the applicable Substitution Notice is furnished to Lessor, (c) provides a mix of services similar to the Leased Property and (d) is otherwise reasonably acceptable, in all respects, to Lessor (based on Lessor's usual and customary property evaluation criteria then in effect). Lessee may not exercise its Substitution Right more than once in any calendar year.
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Comparable Facility means any credit agreement, loan agreement, indenture, note purchase agreement, repurchase agreement or similar agreement of Upstart Network or any of its Affiliates in connection with any financing or sale arrangement of Loans.
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Related to Comparable Facility

  • Eligible facility means any hospital, skilled nursing facility, intermediate care facility, or basic care facility licensed by the state department of health, or any assisted living facility licensed by the department of human services; and

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Triage facility means a short-term facility or a portion

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Local Facility means any of them.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • State facility means a center or a hospital operated by the department.

  • Advance Facility As defined in Section 3.22.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Holding facility means a designated area for the retention of

  • Local Facilities means working capital facilities provided to a Grantor (other than Beverage Packaging Holdings (Luxembourg) I S.A., Beverage Packaging Holdings (Luxembourg) II S.A. Beverage Packaging Holdings (Luxembourg) III S.à.x.x. and the Borrowers) by a Local Facility Provider and “Local Facility” means any of them.

  • Long-term care facility means a nursing home, retirement care, mental care, or other facility or institution that provides extended health care to resident patients.

  • Group care facility means an agency, other than a foster-family home, which is maintained and operated for the care of a group of children on a 24 hour basis. RCW 74.15.020

  • Affected facility means, with reference to a stationary source, any apparatus to which a standard is applicable.

  • Health care facility or "facility" means hospices licensed

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Health care facilities means buildings, structures, or equipment suitable and intended for, or incidental or ancillary to, use in providing health services, including, but not limited to, hospitals; hospital long-term care units; infirmaries; sanatoria; nursing homes; medical care facilities; outpatient clinics; ambulatory care facilities; surgical and diagnostic facilities; hospices; clinical laboratories; shared service facilities; laundries; meeting rooms; classrooms and other educational facilities; students', nurses', interns', or physicians' residences; administration buildings; facilities for use as or by health maintenance organizations; facilities for ambulance operations, advanced mobile emergency care services, and limited advanced mobile emergency care services; research facilities; facilities for the care of dependent children; maintenance, storage, and utility facilities; parking lots and structures; garages; office facilities not less than 80% of the net leasable space of which is intended for lease to or other use by direct providers of health care; facilities for the temporary lodging of outpatients or families of patients; residential facilities for use by the aged or disabled; and all necessary, useful, or related equipment, furnishings, and appurtenances and all lands necessary or convenient as sites for the health care facilities described in this subdivision.