Examples of Edison Facility in a sentence
In February 2000, the Company entered into a lease with an unaffiliated third party for approximately 295,000 square feet of a warehouse facility (the "Edison Facility") in Edison, New Jersey, which will be used primarily for the Company's promotional set business and to process its product returns.
The Seller shall produce certain products such that inventory of such products available at the Edison Facility on the Closing Date shall be in the amounts set forth on Section 6.2(k) of the Seller Disclosure Schedule.
The Seller shall remain solely responsible for any and all costs, liabilities, obligations and commitments in respect of maintenance or repairs with respect to the Edison Facility.
The Company currently intends to consolidate its operations to its Miami Lakes facility, which contains approximately 200,000 square feet of distribution and warehouse space and approximately 30,000 square feet of office space, and the Edison Facility.
Neither the Buyer nor any of its Affiliates shall have any liability or responsibility for any maintenance or repairs required with respect to the Edison Facility.
During the Transition Period, PFI shall have the right to use manufacturing and lab equipment that after the Closing Date will be owned by Xxxxxx but located in the Edison Facility (the "Xxxxxx Equipment").
An Event of Default under the Guarantor Loan Arrangements (or if Edison does not enter into the Edison Facility on or before February 15, 2004) or any other material agreement or instrument executed in connection therewith.
Within thirty (30) days after the termination of the Transition Services Agreement, dated as of September 9, 2005 (the "Transition Services Agreement"), attached hereto as Exhibit K, the Buyer shall remove all Acquired Assets from the Edison Facility.
Xxxxxx shall pay PFI under the terms of Section 5 above for any Transitional Products removed by Xxxxxx from the Edison Facility.
Until Edison shall have entered into the Edison Facility, Edison shall have, at all times, the unrestricted ability to require its limited partners to make capital contributions in the aggregate amount of not less than Three Million Dollars ($3,000,000.00).