Installation of Additional Equipment Sample Clauses

Installation of Additional Equipment. Subject to the provisions of Section 3.5 hereof, the Company or any permitted sublessee of the Company from time to time may install additional machinery, equipment or other personal property in the Facility (which may be attached or affixed to the Facility), and such machinery, equipment or other personal property shall not become, or be deemed to become, a part of the Facility, so long as such additional property is properly identified by such appropriate records, including computerized records, as approved by the Agency. The Company from time to time may create or permit to be created any Lien on such machinery, equipment or other personal property. Further, the Company from time to time may remove or permit the removal of such machinery, equipment and other personal property from the Facility, provided that any such removal of such machinery, equipment or other personal property shall not occur: (i) if any Event of Default has occurred or (ii) if any such removal shall adversely affect the structural integrity of the Facility or impair the overall operating efficiency of the Facility for the purposes for which it is intended, and provided further, that if any damage to the Facility is occasioned by such removal, the Company agrees promptly to repair or cause to be repaired such damage at its own expense.
AutoNDA by SimpleDocs
Installation of Additional Equipment. Subject to the provisions of Section 3.5 hereof, the Company or any permitted sublessee of the Company from time to time may install additional machinery, equipment or other personal property in the Facility (which may be attached or affixed to the Facility), and such machinery, equipment or other personal property shall not become, or be deemed to become, a part of the Facility, so long as such additional property is properly identified by such appropriate records, including computerized records, as approved by the Agency. The Company from time to time may create or permit to be created any Lien on such machinery, equipment or other personal property. Further, the Company from time to time may remove or permit the removal of such machinery, equipment and other personal property from the Facility, provided that any such removal of such machinery, equipment or other personal property shall not occur: (i) if any Event of Default has occurred or
Installation of Additional Equipment. Subject to the provisions of Section 8.10 hereof, the Company or any permitted sublessee of the Company from time to time may install additional machinery, equipment or other personal property in the Facility (which may be attached or affixed to the Facility), and such machinery, equipment or other personal property shall not become, or be deemed to become, a part of the Facility. The Company from time to time may create or permit to be created any Lien on such machinery, equipment or other personal property. Further, the Company from time to time may remove or permit the removal of such machinery, equipment and other personal property from the Facility, provided that any such removal of such machinery, equipment or other personal property shall not occur (i) if any Event of Default has occurred; or (ii) if any such removal shall adversely affect the structural integrity of the Facility or impair the overall operating efficiency of the Facility for the purposes for which it is intended, and provided further, that if any damage is occasioned to the Facility by such removal, the Company agrees to promptly repair such damage at its own expense.
Installation of Additional Equipment. The Company from time to time may install additional furniture, fixtures, machinery, and equipment or other personal property in the Project (which may be attached or affixed to the Project), and such furniture, fixtures, machinery, and equipment or other personal property shall not become, or be deemed to become, a part of the Project. The Company from time to time may remove or permit the removal of such furniture, fixtures, machinery and equipment or other personal property; provided that any such removal of such furniture, fixtures, machinery, equipment or other personal property shall not adversely affect the structural integrity of the Project or impair the overall operating efficiency of the Project for the purposes for which it is intended and provided further that if any damage is occasioned to the Project by such removal, the Company agrees to promptly repair such damage at its own expens�. .
Installation of Additional Equipment. Subject to the provisions of Section 5.4 of this Agreement, the Borrower from time to time may, at Borrower's own expense, install additional machinery, equipment or other personal property in the Project (which may be attached or affixed to the Security Property), and such machinery, equipment or other personal property shall not become, or be deemed to become, a part of the Security Property. The Borrower shall keep appropriate records of all of such machinery, equipment or other personal property installed as Security Property sufficient to identify the same. The Borrower from time to time may remove or permit the removal of such machinery, equipment and other personal property from the Security Property and may create or permit to be created any Lien on such machinery, equipment or other personal property; provided that any such removal of such machinery, equipment or other personal property shall not adversely affect the structural integrity of the Security Property or impair the overall operating efficiency of the Security Property for the purposes for which it is intended and provided further that if any damage is occasioned to the Security Property by such removal, the Borrower agrees to promptly repair such damage at its own expense.
Installation of Additional Equipment. The Company from time to time may install additional machinery, equipment or other personal property in the Facility (which may be attached or affixed to the Facility), and such machinery, equipment or other personal property shall not become, or be deemed to become, a part of the Facility. The Company from time to time may remove or permit the removal of such machinery, equipment or other personal property; provided that any such removal of such machinery, equipment or other personal property shall not adversely affect the structural integrity of the Facility or impair the overall operating efficiency of the Facility for the purposes for which it is intended and provided further that if any damage is occasioned to Facility by such removal, the Company agrees to promptly repair such damage at its own expense.
Installation of Additional Equipment. The Borrower from time to time may install additional machinery, equipment or other personal property in the Facility (which may be attached or affixed to the Facility), and such machinery, equipment or other personal property shall become, or be deemed to become, a part of the Facility unless the same is not a replacement for or substitution of Equipment as defined herein. The Borrower from time to time may, with the consent of the Issuer, which consent shall not be unreasonably withheld or delayed, remove or permit the removal of such machinery, equipment and other personal property; provided that any such removal of such machinery, equipment or other personal property shall not adversely affect the structural integrity of the Facility or impair the overall operating efficiency of the Facility for the purposes for which it is intended and that any such Lien shall not attach to any other part of the Facility and provided further that if any damage is occasioned to the Facility by such removal, the Borrower agrees to promptly repair such damage at its own expense. ARTICLE VII
AutoNDA by SimpleDocs
Installation of Additional Equipment. Except as may otherwise be provided in the Mortgage and/or Security Agreement, the Institution from time to time may install any machinery, equipment and other personal property not constituting part of the Mortgaged Property or the Facility on or in the Mortgaged Property or the Facility (which may be attached or affixed to the Mortgaged Property or the Facility) as it may deem desirable. The Institution from time to time may remove or permit the removal of such machinery, equipment and other personal property from the Mortgaged Property or the Facility and may create or permit to be created any Lien on such machinery, equipment or other personal property; provided that any such removal of such machinery, equipment or other personal property shall not impair the overall operating efficiency of the Mortgaged Property or the Facility for the purpose for which it is intended; and provided further that if any damage is occasioned to the Mortgaged Property or the Facility by such removal, the Institution shall at its own expense promptly repair such damage. The Issuer and the Purchaser shall not be responsible for any loss or damage to any property installed pursuant to this Section 4.03.
Installation of Additional Equipment. (a) In any instance where the Company determines that any item of Equipment necessary for the day-to-day operation of either Facility has become inadequate, obsolete, worn out, unsuitable, undesirable or unnecessary, the Company may, after giving written notice to the Trustee, remove such item of Equipment from the Improvements and may sell, trade-in, exchange or otherwise dispose of the same, as a whole or in part; provided that such removal does not materially impair the efficient operation of such Facility for the purpose for which it was intended and provided further that any proceeds remaining after such sale, trade-in, exchange or other disposal shall be deposited in the Operating Account.
Installation of Additional Equipment. DALO has the right to install additional equipment in the Aircraft. Unless specifically agreed, this equipment shall not be considered a part of the Aircraft and is thus not covered by the Lessor's obligations to perform maintenance etc. of the Aircraft.
Time is Money Join Law Insider Premium to draft better contracts faster.