Equipment and Premises definition
Examples of Equipment and Premises in a sentence
The Customer shall maintain and operate the Customer's Equipment and Premises in accordance with the Grid Code and otherwise to a standard equal to Prudent Electricity Utility Practice.
This Agreement also provides for the lease to the Airline of certain Equipment and Premises at the Airport(s) for the same purpose.
For so long as this Agreement is in effect at an Airport, the terms of this Agreement apply to the use of facilities and lease of Equipment and Premises at that Airport, except to the extent that a particular provision of the Agreement is identified as applicable only to the other Airport.
Upon the expiration of this Agreement at Dulles, the terms of this Agreement shall apply only to the use of facilities and lease of Equipment and Premises at National.
This lease contains the entire agreement between the parties with respect to the Equipment and Premises and cannot be changed unless such change, modification, or amendment is in writing and executed by all parties to this lease.
Landlord shall be entitled to make its obligations to acquire such title contingent upon a contemporaneous closing of the purchase of the Equipment and Premises pursuant to the Option.
LESSOR shall have the right of prior review and approval of all Plans and Specifications and shall have the right to inspect the Equipment and Premises at any time during and after installation.
If at the expiration of this lease or any renewal thereof, the Option to purchase the Equipment and Premises herein granted to Tenant has not been exercised, Tenant agrees to deliver up to Landlord, or Landlord's agents or assigns, the Equipment and the Premises at the expiration of this lease in good order and condition, and to make good all damage to the Equipment and buildings and the Premises, ordinary wear and tear excepted.
Sincerely, San Francisco Municipal Transportation Agency Attn: Senior Manager, Strategic Real Estate ▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, Eighth Floor San Francisco, CA 94102 RE: Certification of Tenant Equipment and Premises as set forth in the Lease between Dear : Pursuant to Section 7.3 of the above-referenced Lease, Tenant hereby certifies that it has not altered, replaced, modified or made any additions to Tenant’s Equipment without SFMTA’s prior written consent.
The purchase price to be paid by Tenant to Landlord at the closing in the event the Option is exercised and the sale of the Equipment and Premises is consummated pursuant thereto, shall be the sum of $2,100,000, payable in cash at the closing (the "Closing") of such sale, and shall be in addition to any rent or other sums theretofore paid or payable by Tenant to Landlord under this lease through the period ending on the date of the Closing (the "Closing Date").