FFF&E definition
Examples of FFF&E in a sentence
Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, subject to the terms, covenants, conditions and provisions hereinafter set forth, all of Landlord’s right, title and interest in and to all the Land, the Facility, the FFF&E, all other Personal Property owned by Landlord and located at the Facility (collectively, the “Property”).
Tenant’s duty to maintain the Property and the FFF&E shall include such actions as are needed in the reasonable judgment of Tenant to be consistent with standards and practices in the industry to prevent the deterioration of the Property.
From time to time upon Landlord's request, Tenant shall furnish such additional documentation, including bank statements, invoices and purchase orders, as Landlord may request concerning the FFF&E Account and all items of FFF&E.
During the Term Tenant shall maintain, replace, restore and repair the FFF&E from time to time as shall be necessary to operate the Property in compliance with all License and certification requirements, other Legal Requirements and Insurance Requirements and otherwise in accordance with customary practice in the assisted living industry with respect to the Permitted Use(s) or other uses then conducted on the Property by Tenant and permitted hereunder.
Tenant shall from time to time at Landlord's request provide an itemized schedule listing the FFF&E.
The mere use of the funds in the FFF&E Account shall not be evidence of Tenant's compliance with its obligations under Section 7.2.
The accounting business processes at three PCL district offices were also reviewed with the best practices developed from these reviews to be rolled out in a new business guide and a Foundations for Financial Excellence (FFFE) training course in 2009.
Provided that no Event of Default is occurring, Tenant shall have the right during the Term to make withdrawals from the FFF&E Account from time to time solely for the purpose of replacing, restoring and repairing the FFF&E for the Property (other than the use categories excluded under Section 7.2 above) and for no other purpose.
Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, subject to the terms, covenants, conditions and provisions hereinafter set forth, all of Landlord's right, title and interest in and to all the Land, the Facility and the FFF&E (collectively, the "Property").
All insurance policies carried by Landlord or Tenant covering the Property, the FFF&E or the Facility shall expressly waive any right of subrogation on the part of the insurer against the other party.