Current Condition definition

Current Condition for purposes of this Lease shall mean the condition of the Building and the level and quality of utilities and services, as applicable, provided at the Building immediately prior to the Commencement Date. The water usage within the Premises, the chilled water usage for the cooling of Tenant's computer equipment, and Tenant's HVAC usage shall be separately metered. Landlord shall install such meters, and the cost thereof, including the cost of installation, operation and maintenance thereof, as reasonably determined by Landlord, shall be paid by Tenant. Tenant shall pay the cost of its consumption of chilled water, and if Tenant uses water or HVAC in excess of the Current Condition, then Tenant shall also pay for such excess consumption (but without charge, in any event, for depreciation, profit, overhead or administration), including the cost of the installation, operation, and maintenance of equipment which is installed in order to supply the chilled water or the excess consumption of water and/or HVAC, and the cost of increased wear and tear on existing equipment caused by the chilled water usage or such excess consumption, as reasonably determined by Landlord.
Current Condition means the land use at the time of the investigation and CNFA determination.
Current Condition. (Record any damage that appears on your locker.)

Examples of Current Condition in a sentence

  • Such document on existing damages and/or discrepancies ("Current Condition Document") will serve as proof of the Vehicle's condition at the time of handover.

  • Habitat Benefits for Spring Chinook in the Zigzag River Watershed by Reach Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Habitat Benefits for Winter Steelhead Table E-13.

  • Habitat Benefits for Winter Steelhead in the Middle ▇▇▇▇▇ River Watershed by Reach, continued Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Table E-15.

  • Habitat Benefits for Spring Chinook in the Middle ▇▇▇▇▇ River Watershed by Reach Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Table E-10.

  • Habitat Benefits for Spring Chinook in the Salmon River Watershed by Reach Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Table E-12.

  • Habitat Benefits for Winter Steelhead in the Lower ▇▇▇▇▇ River Watershed by Reach Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Table E-14.

  • Habitat Benefits for Winter Steelhead in the Upper ▇▇▇▇▇ River Watershed by Reach Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Table E-16.

  • Habitat Benefits for Coho in the Upper ▇▇▇▇▇ River Watershed by Reach Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Table E-21.

  • Habitat Benefits for Coho in the Middle ▇▇▇▇▇ River Watershed by Reach, continued Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Table E-20.

  • Habitat Benefits for Winter Steelhead in the Zigzag River Watershed by Reach Reach Current Condition Habitat Benefit Post-Implementation Conditiona,b Habitat Benefits for Coho Table E-18.


More Definitions of Current Condition

Current Condition means the land use as it exists on the date the Notice of Conditional No Further Action is recorded in the Office of the New Castle, Kent or Sussex County Recorder of Deeds at the time of the investigation and CNFA determination.

Related to Current Condition

  • Payment Condition at any time of determination with respect to any Specified Transaction, that the following conditions are all satisfied: (x) (1) 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) and (2) the Specified Availability on the date of such Specified Transaction (divided by Availability as of such time of determination and expressed as a percentage), in each case exceed the applicable Availability Percentage (as defined below) and, (y) unless the Fixed Charge Condition (as defined below) is satisfied (to the extent applicable), the Parent Borrower shall be in Pro Forma Compliance with a minimum Consolidated Fixed Charge Coverage Ratio of at least 1.00:1.00 and (z) if reasonably requested by the Administrative Agent, the Borrower Representative shall have delivered to the Administrative Agent (i) a copy of calculations required by preceding clause (y) in reasonable detail and (ii) a calculation of Specified Unrestricted Cash. As used herein, the following terms shall have the following meanings: (i) “Availability Percentage”: shall mean (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 12.5%; (b) in respect of (A) any investment or acquisition permitted pursuant to clause (u) of the definition of “Permitted Investments” or (B) clause (c)(i) of the definition of “Permitted Acquisitions,” 10.0%; (c) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 12.5%; (d) in respect of any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b), 10.0%; and (e) in respect of any Asset Sale that would otherwise have to comply with Subsection 8.5, 10.0%.; and (ii) “Fixed Charge Condition” shall mean 30-Day Specified Excess Availability (divided by Availability as of such time of determination and expressed as a percentage) exceeds: (a) in respect of any Restricted Payment pursuant to Subsection 8.3(k), 17.5%; (b) in respect of any acquisition permitted pursuant to clause (c)(i) of the definition of “Permitted Acquisitions”, 15.0%; (c) in respect of any investment permitted pursuant to clause (u) of the definition of “Permitted Investments”, 15.0%; (d) in respect of any payment, repurchase or redemption pursuant to Subsection 8.6(a), 15.0%; and (e) in respect of (A) any merger, consolidation, amalgamation or asset sale pursuant to Subsection 8.2(a) or 8.2(b) or (B) any Asset Sale that would otherwise have to comply with Subsection 8.5, 15.0%.

  • Payment Conditions means, at the time of determination with respect to any specified transaction or payment, that:

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

  • Change in condition means a change in physical condition of the employee as well as any change