Elevator Bank E definition

Elevator Bank E the elevator bank serving the forty-sixth (46th) through fifty-second (52nd) floors of the Building. Eligible Assignee: an assignee of Tenant’s interest in this Lease, which assignee is not an Affiliate of Tenant, and as of the date that the applicable assignment of Tenant’s interest hereunder becomes effective, has a financial condition reasonably satisfactory to Landlord taking into account the obligations in question (it being agreed that the financial condition of an assignee shall be deemed satisfactory if such assignee has a net worth, computed in accordance with generally accepted accounting principles consistently applied, equal to or greater than the annual Fixed Rent and Additional Rent then payable under this Lease (without giving effect to any free rent or rent abatement) multiplied by twenty (20)).
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Related to Elevator Bank E

  • Elevator means any hoisting or lowering device to connect floors or landings, whether or not in service, and all appliances pertaining to the elevator, including any car, platform, shaft, hoistway, stairway, runway, power equipment and machinery; THIS DOES NOT INCLUDE: a. an automobile servicing hoist; b. a hoist without a platform outside a building if without mechanical power or if it is not attached to building walls; c. a hod or material hoist used in alteration, construction or demolition operations; d. an inclined conveyor used exclusively for carrying property; or e. a dumbwaiter used exclusively for carrying property and having a compartment height not exceeding four feet.

  • Junk yard means any property utilized for breaking up, dismantling, sorting, storing, distributing, buying or selling of any scrap waste material, junk or used equipment or machinery of any nature.

  • Trunk line means a transmission path, or group of

  • Switchover means transfer of units of one scheme of UTI MF to another scheme of UTI MF wherever permissible.

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.