Second Inspection definition

Second Inspection means the second Residual Life Inspection as set forth in Section

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Second Inspection has the meaning given in Clause 19.4.1.

Second Inspection has the meaning given to this term in Clause 43.2.1 (Second Inspection).

Examples of Second Inspection in a sentence

• If Customer fails to give Samsung SDS the written notice specifying the failure of the re-provided Work Product to so meet the Specifications within the Second Inspection Period, the Work Product shall be deemed to have been accepted by Customer.

• After Seller completes all Punch List items, Buyer and Seller’s representative will jointly conduct a Second Inspection, at which Buyer and Seller shall sign an updated punch list indicating that all items are completed.

• Notwithstanding the date set forth in Section 1 above, under no circumstances shall the Effective Date occur or Assignee otherwise be liable under the Lease, until after the Second Inspection and after Assignee has verified to its reasonable satisfaction that any damage was repaired and personal property removed.

• Assignor will notify Assignee when it is vacating the Premises, both to arrange the Second Inspection and also to arrange for Assignee to immediately following Assignee’s vacancy to enter the Premises and commence alterations thereto.

• The Damage Payment will be reduced by the amount of the second inspection fee unless the Second Inspection results in a payment to the Claimant that is 25% or more greater than the payment that was calculated on the basis of the original Independent Inspection, in which event the amount of the second inspection fee will be refunded to the Claimant or will not be deducted from the Damage Payment, as appropriate.

• By the end of the Second Inspection Period (as defined in Section 3.3 below), Purchaser shall notify Seller if Purchaser elects to exclude from the purchase of Property, any Contracts, Leases, Personal Property, or Intangible Property, and the parties shall execute an amendment to this Agreement confirming such exclusions from the Property that Seller shall convey to Purchaser at Closing.

• Receiving Party shall return to Disclosing Party the NexCopy Flash Drive after the First Inspection period, the Second Inspection period, and after the completion of the hearing.

• During the Second Inspection Period, Purchaser and Seller shall negotiate, in good faith, with the objective of agreeing to a mutually acceptable, commercially reasonable form of Remediation Agreement and shall, upon such mutual agreement as to the form of Remediation Agreement, promptly execute the Remediation Agreement in such mutually agreed form.

• Purchaser shall provide Seller with written notice of its election pursuant to this Section 2.2(c) prior to the end of the Second Inspection Period.

• The Second Inspection also may, at Lessor's or Lessee's option, include a power assurance run of the Engines.

More Definitions of Second Inspection

Second Inspection has the meaning given to it in Article 54.6(c)(i).

Second Inspection means the second inspection, if any, performed by or on behalf of the FDA, of the [*] Facility in connection with the Qualification thereof;

Second Inspection shall have the meaning set forth in Section 2.5(a).

Second Inspection shall have the meaning set forth in Section 2.5(a). “Second Inspection Report” shall have the meaning set forth in Section 2.5(a). “Section 2.2(b) Election” shall have the meaning set forth in Section 2.2(b).