Temporary System definition
Examples of Temporary System in a sentence
After the preparation of Definitive System Restoration Bonds, the Temporary System Restoration Bonds shall be exchangeable for Definitive System Restoration Bonds upon surrender of the Temporary System Restoration Bonds at the office or agency of the Issuer to be maintained as provided in Section 3.02, without charge to the Holder.
If Temporary System Restoration Bonds are issued, the Issuer will cause Definitive System Restoration Bonds to be prepared without unreasonable delay.
Until so delivered in exchange, the Temporary System Restoration Bonds shall in all respects be entitled to the same benefits under this Indenture as Definitive System Restoration Bonds.
Upon surrender for cancellation of any one or more Temporary System Restoration Bonds, the System Restoration Bond Issuer shall execute and the Indenture Trustee shall authenticate and deliver in exchange therefor a like principal amount of Definitive System Restoration Bonds of authorized denominations.
Notwithstanding paragraph 1 above, Shinko Electric shall not, unless it is attributable to the willful misconduct or gross negligence of Shinko Electric, be liable to Asyst Shinko for damages incurred by Asyst Shinko due to non-operation, improper operation or any other defect in Each Temporary System for any reason.
In addition, the Parties acknowledge that the Permittee intends to commence the Initial System Construction Work on the Temporary System for the Initial Temporary System Areas promptly following the date hereof.
Cabot shall credit CMC for all amounts relating to the TU-A Temporary System invoiced by Cabot or paid by CMC in connection with the Letter of Agreement.
Without limiting the foregoing, the Permittee shall in all events use best efforts to deliver, activate and make available the DAS System (including, without limitation, the Temporary System) and the Wi-Fi System as early as practicable.
If the Port Authority thereafter requires the Permittee to temporarily suspend such work with respect to the Initial Temporary System Areas to accommodate any required Port Authority reviews of the associated Construction Application submissions, any such suspension shall be deemed to be a cause or condition beyond the Permittee’s control with respect to such work to the extent such matters cause failure, delay or interruption in performing its obligations hereunder.