Separable definition
Examples of Separable in a sentence
A status report must be provided as a requirement of Practical Completion of each Separable Portion of the Contract Works.
Landlord shall, by written notice delivered to Tenant within ten (10) Business Days after receipt of the Notice of Separable Addition, elect in writing either to pay for and engage Tenant as Landlord’s construction agent for such Separable Addition or to refrain from paying for such Separable Addition.
Landlord shall consider such offer as set forth in such Notice of Separable Addition in good faith and use commercially reasonable efforts to obtain financing for such Separable Addition.
If Landlord elects not to pay for such Separable Addition and Tenant elects to proceed with making the Separable Addition, then subject to subsection (e) below, such Separable Addition shall remain the sole property of Tenant, and this Lease shall continue in full force and effect unaffected by the Separable Addition.
Landlord shall not have the option to pay for such Separable Addition unless Landlord also engages the services of Tenant as construction agent for such Separable Addition.
Separable intangible assets that are not deemed to have an indefinite life will continue to be amortized over their useful lives.
Separable Additions that Landlord elects to pay for shall become a part of the Leased Property under this Lease, with an increase in Base Rent as proposed by Tenant in the Notice of Separable Addition, unless Landlord and Tenant instead agree that such Separable Addition shall be the subject of a separate lease, upon substantially the same terms as this Lease, but with Base Rent as proposed by Tenant in the Notice of Separable Addition.
The Trustee warrants to each Access Seeker that the last to occur Date of Practical Completion of all of the Separable Portions which form part of the Access Seeker Segments of such Access Seeker (as detailed in the Access Seeker Specific Terms Deed for such Access Seeker) will not be later than the Due Date under the Access Agreement Specific Terms Deed for such Access Seeker.
No • If yes, the Separable Portions are as follows and as further defined in the Contract: Click to enter reference 2.
The interpretations of Completion, Date of Completion and clauses such as 7.16 [Cleaning up] and 10 [Delays], and any other relevant clauses shall apply separately to each Separable Portion and references therein to the Sub-Contract Works and work under the Sub-Contract shall mean so much of the Sub-Contract Works and the work under the Sub-Contract as is comprised in the Separable Portion.