Use and Condition. Sublessee may use the Sublet Premises only for general office purposes as permitted by the Prime Lease and for no other purpose, Sublessor shall maintain the Sublet Premises in its current condition, reasonable weal and tear excepted, from the effective date hereof until the date of delivery of possession. To the best of Sublessor's knowledge, there are no material defects in the Sublet Premises or any reason they cannot be used for the purposes intended for the term of this Sublease. Upon expiration of the term of this Sublease, Sublessee shall return the Sublet Premises to Sublessor in the same condition as when possession was granted, reasonable wear and tear excepted.
Use and Condition. (a) The Subleased Premises are to be used only for general office purposes and for no other business or purpose without the express written consent of Sublandlord.
Use and Condition. OF THE PROPERTY 4 (a) Use 4 (b) Condition of the Property 4 (c) Consideration for and Scope of Waiver 4
Use and Condition. 2.1. If any governmental license or permit, other than a Certificate of Occupancy, shall be required for the proper and lawful conduct of Tenant's business in the Demised Premises, or any part thereof, and if failure to secure such license or permit would in any way affect Landlord, Tenant, at its' expenses, shall duly procure and thereafter maintain such license or permit and submit the same to inspection by Landlord. Tenant shall at all times comply with the terms and conditions of each such license or permit.
Use and Condition. (a) So long as no Default or Event of Default shall exist and until the Borrower has received notice from the Secured Party pursuant to Section 4.1(c) of this Agreement (which notice the Borrower shall promptly forward to the other Pledgors), each Pledgor shall be entitled to receive and retain any cash dividends distributed in respect of the Pledged Securities of such Pledgor, provided that any: (i) non-cash dividends, instruments, and other property received or otherwise distributed in respect of or in substitution for any such Pledged Securities; (ii) cash dividends and other distributions in connection with a partial or total liquidation or dissolution of an issuer of any such Pledged Securities or in connection with a reduction of capital, capital surplus, or paid-in-surplus of an issuer of such Pledged Securities; and (iii) cash distributed in respect of a redemption of principal of, or in exchange for, any such Pledged Securities, shall be promptly delivered to the Secured Party for disposition in accordance with Section 4.3 and shall, if received by any Pledgor, be received in trust for the benefit of the Secured Party, be segregated from the other property or funds of such Pledgor, and be promptly delivered to the Secured Party as Collateral in the same form as so received, with any necessary endorsement.
Use and Condition. The equipment provided to Customer under this Agreement is the sole and exclusive property of Spider at all times during and after the term of the Agreement. Customer will make no alterations, additions, improvements or repairs to the equipment without the prior written consent of Spider. Customer shall inspect the equipment upon receipt and immediately notify Spider in writing of any equipment defect, malfunction or disrepair. Customer agrees to be the absolute insurer of the equipment for all risks, including but not limited to loss, damage, destruction, wind, fire, and theft, until the equipment is returned to Spider.
Use and Condition. (a) So long as no Default or Event of Default shall exist, the Debtor shall be entitled to receive and retain any cash dividends distributed in respect of the Pledged Securities, provided that any: (i) non-cash dividends, instruments, and other property received or otherwise distributed in respect of or in substitution for any Pledged Securities; (ii) cash dividends and other distributions in connection with a partial or total liquidation or dissolution of an issuer of any Pledged Securities or in connection with a reduction of capital, capital surplus, or paid-in-surplus of an issuer of Pledged Securities; and (iii) cash distributed in respect of a redemption of principal of, or in exchange for, any Pledged Securities, shall be promptly delivered to the Secured Party for disposition in accordance with Section 4.3 hereof and shall, if received by the Debtor, be received in trust for the benefit of the Secured Party, be segregated from the other property or funds of the Debtor, and be promptly delivered to the Secured Party as Collateral in the same form as so received, with any necessary endorsement.
Use and Condition. (a) So long as no Default or Event of Default shall exist and be continuing and until the Borrower has received notice from the Secured Party pursuant to Section 4.1(c) of this Agreement (which notice the Borrower shall promptly forward to the Pledgors), each Pledgor shall be entitled to receive and retain any cash dividends or distributions distributed in respect of the Pledged Interests of such Pledgor, provided that any: (i) non-cash dividends, distributions, instruments, and other property received or otherwise distributed in respect of or in substitution for any such Pledged Interests; (ii) cash dividends and other distributions in connection with a partial or total liquidation or dissolution of any Partnership or in
Use and Condition. (a) So long as no Default or Event of Default shall exist, the Debtor shall be entitled to receive and retain any cash dividends distributed in respect of the Pledged Securities, provided that any: (i) non-cash dividends, instruments, and other property received or otherwise distributed in respect of or in substitution for any Pledged Securities; (ii) cash dividends and other distributions in connection with a partial or total liquidation or dissolution of an issuer of any Pledged Securities or in connection with a reduction of capital,
Use and Condition. OF THE PREMISES 15 7.1. Use of the Premises 15 7.2. Operation of Tenant's Business 16 7.3. Condition of the Premises 16 7.4. Xxxxxxxx's Obligation upon Delivery of the Premises 17 ARTICLE 8 - MAINTENANCE, REPAIRS, AND ALTERATIONS 17 8.1. Tenant's Obligations for Repairs and Maintenance 17 8.2. Landlord's Obligations for Repairs and Maintenance 18 8.3. Xxxxxxxx's Right to Make Repairs on Behalf of Tenant 18 8.4. Alterations and Additions 18 8.5. Tenant's Construction and Repair Work 19 8.6. Liens 20 8.7. Tenant's Obligation for Compliance with Government Requirements 20 8.8. Xxxxxxxx's Obligation for Compliance with Government Requirements 21
