First Class Condition definition

First Class Condition means in good condition for a vehicle of the appropriate year of manufacture with all maintenance carried out in accordance with the manufacturer's specifications and with no unrepaired accident damage;
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First Class Condition has the meaning set forth in the Sublease.
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First Class Condition refers to the quality of systems, parts, equipment and related components, including replacements ("elements"). It also refers to the condition of the wear and operation of the elements. When referring to the quality of the elements, First Class Condition means of a quality equal to or better than the elements as originally installed before execution of this Agreement. When referring to the wear and operation of the elements, First Class Condition means a standard that is within the manufacturer's published tolerances, or if no published tolerances, within generally accepted tolerances within the telecommunications industry.
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Examples of First Class Condition in a sentence

  • Contractor shall provide HAS a complete final report on the condition of all systems and equipment, including inspection and test reports, and certified statements signed by an agent of Contractor testifying to the First Class Condition of all equipment and systems.

  • The Contractor shall turn over all equipment and systems in First Class Condition.

  • The Contractor shall be required to perform preventative maintenance (PM) on the Telecommunication Systems daily in accordance with standards and procedures recommended by the original equipment manufacturer ("OEM") as required for keeping the System in a First Class Condition.

  • When referring to the quality of the elements, First Class Condition means of a quality equal to or better than the elements as originally installed.

  • Contractor assures that all equipment is in First Class Condition at the expiration or termination of the Agreement.

  • First Class Condition: Building and site surfaces that are unbroken, non-cracked, non-rusting, without chips, without splinters, of texture matching its surrounding, with new appearing finishes, and operating as originally designed or intended to operate.

  • When referring to the wear and operation of the elements, First Class Condition means a standard that is within the manufacturer's published tolerances for safe, reliable operation, or if no published tolerances, within generally accepted tolerances.

  • At completion, damaged or defaced finish shall be touched up, restored, and left in First Class Condition.

  • As a part of Basic Services, the Contractor shall perform RM to keep the Lighting Maintenance Services in First Class Condition.

  • Agency shall be responsible for all cleaning and maintenance, excluding any civil construction of the Managed Facilities, and the Equipment in accordance with the Operating Procedures and the Industry Standard with the objective of maintaining the Managed Facilities and the Equipment in First Class Condition.


More Definitions of First Class Condition

First Class Condition refers to the quality of systems, parts, equipment and related components and appurtenances including replacements ("elements"). It also refers to the condition of the wear and operation of the elements. When referring to the quality of the elements, First Class Condition means of a quality equal to or better than the elements as originally installed. When referring to the wear and operation of the elements, First Class Condition means a standard that is within the manufacturer's published tolerances for safe, reliable operation, or if no published tolerances, within generally accepted tolerances within the HVAC and CUP and equipment maintenance industry.
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First Class Condition means a standard of quality of maintenance, construction, furnishing, finishing and equipping substantially commensurate with or better than the standard found in similar commercial establishments in the same or similar markets, as of the Commencement Date.
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First Class Condition means in good condition for a vehicle of the appropriate year of manufacture with all maintenance carried out in accordance with the manufacturer’s specifications and with no unrepaired accident damage;
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First Class Condition means the condition satisfying each of the following: (a) being in compliance with Applicable Law, and (b) being in such condition and repair as does not pose a public health and safety risk for patrons of or participants in events at the Stadium, and (c) being in such an operating condition sufficient to allow NFL Games to be played at the Stadium in accordance with applicable NFL Rules and Regulations with respect to player safety, including the field, the locker rooms and other player facilities.
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Related to First Class Condition

  • Class H Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage Rate.

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Class C Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class C Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Class F Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.7500%.

  • Class E Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.00000%.

  • Required Subordinated Percentage of Class D Notes means, for the Class A(2022-2) Notes, 10.75949368%, subject to adjustment in accordance with Section 2.02.

  • Required Subordinated Percentage of Class C Notes means, for the Class A(2022-2) Notes, 8.86075950%, subject to adjustment in accordance with Section 2.02.

  • Class A-2 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.1000%.

  • Class C Pass-Through Rate For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.

  • Class B-2 Pass-Through Rate For the first Distribution Date, 5.38000% per annum. For any Distribution Date thereafter, the lesser of (i) One-Month LIBOR plus the Class B-2 Margin, and (ii) the Net Rate Cap for such Distribution Date.

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.

  • Class D Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.00000%.

  • Class B-1 Pass-Through Rate For the first Distribution Date, 4.83000% per annum. For any Distribution Date thereafter, the lesser of (i) One-Month LIBOR plus the Class B-1 Margin, and (ii) the Net Rate Cap for such Distribution Date.

  • Class G Pass-Through Rate For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution Date.

  • Class A-1 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.2557%.

  • Required Subordinated Percentage of Class B Notes means, for the Class A(2022-1) Notes, 6.96202532%, subject to adjustment in accordance with Section 2.02.

  • Class 2 A-1 and Class 2-A-2 Certificates and the Class A-X-2 and Class PO-2 Component. Group 2 Certificates................... Group 2 Senior Certificates and the portions of the Group II Subordinated Certificates related to Loan Group 2.

  • Class A Pass-Through Rate As to the Class A-1 and Class A-R Certificates, the Class A Fixed Pass-Through Rate. The Class A-PO Certificates are not entitled to interest and have no Class A Pass-Through Rate.

  • Class C Required Amount means with respect to any Payment Date, an amount equal to the excess of the amount described in Section 4.4(a)(v) over Available Finance Charge Collections applied to pay such amount pursuant to Section 4.4(a).

  • Class A-4 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1020%.

  • Class A-S Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.7770%.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-3 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.205%.

  • Class HI B-2 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: B-2 Formula Distribution Amount" and (b) the Unpaid Class HI: B-2 Interest Shortfall, if any.

  • Class B Pass-Through Rate As to any Distribution Date, 6.500% per annum.

  • Class C operator means the individual responsible for initially addressing emergencies presented by a spill or release from an UST system. The Class C operator typically controls or monitors the dispensing or sale of regulated substances.