Use of Reserves contrary herein, in the event that any accident, incident, injection incident or other accidental cause necessitates a repair and during such repair the workscope performed results in performance restoration to the Engine or installation of LLPs with more life remaining, the performance of such workscope may be claimed by LESSEE from the Engine Performance Restoration Reserves and/or Engine LLP Reserves.
Use of Reserves. Reserves shall not be regularly assigned to perform law enforcement functions normally performed by classified sworn officers (seven point star) working in pay status (i.e. normal beat patrol, walking beats, normal detective functions, etc.) Reserves may be used by the Department to supplement law enforcement services such as additional staffing for special projects, assist in emergency situations, traffic and crowd control, in positions in which they have been used historically (i.e., vehicle patrol for back up, International Balloon fiesta, etc.), and in other assigned temporary duties.
Use of Reserves. To ensure the opportunity to be first in line to purchase a specific Artwork from FAE at a specific Serrace price level, a Buyer must “Reserve” the work at that level. Only one Reserve may be placed on each Serrace price level for a given Artwork. By placing a Reserve on a work at a future Serrace price level, the Buyer commits to purchase the work at the predetermined time and price level they chose from the Serrace pricing table on the Artwork detail page. For that commitment, the Buyer will automatically acquire the Artwork at the time of the drop to that Reserve Serrace level, unless the Artwork was previously purchased or reserved at a higher price. To Reserve a specific Artwork, the Buyer will be required to provide the same information as if they had purchased the Artwork outright. If Serrace drops the price of the Artwork to the Buyer’s Reserve price, FAE will charge the Buyer’s credit card the full amount of the purchase and the Buyer will automatically be notified that they have purchased the Artwork. The Dealer who placed the Artwork on the FAE System will contact the Buyer to arrange shipping. If the Artwork is purchased by another Buyer before the Reserve takes effect or a Reserve is placed on a Serrace level for that Artwork above the original Reserve, the Buyer who placed the lower Reserve will automatically be notified that their Reserve is no longer in effect. As the inappropriate use of the Reserve system can change other Buyer’s interest in a work, if a Buyer decides to remove a Reserve, they will be charged a fee equal to the greater of: (i) $150, or (ii) 10% of the Reserve price they placed on the Artwork. If the Serrace schedule reaches the Buyer’s Reserve price, the Buyer’s credit card will automatically be debited for the Reserve price. If Buyer does not have sufficient credit on their credit card to cover the full amount of the artwork, then FAE will charge 10% of the Buyer’s Reserve Price to the Buyer’s credit card and the Buyer will promptly be sent an email with FAE Contact information and payment funds transfer instructions. Buyer will have three business days to complete the balance of their transaction. If the transaction is not completed within said three business day period, the sale will be cancelled, the Artwork will be released for resale, and the Buyer will forfeit the 10% of the Reserve price they have already paid. If a different Buyer initiates a purchase of a work just before it drops to a Reserve Serrace price, tha...
Use of Reserves. Prior to assigning a reserve officer to fill in for a regular officer, the Employer shall attempt to contact those regular officers who are on their day off. If no regular officer elects to work the shift, the Employer may assign the shift to a reserve officer.
Use of Reserves. 97 48.5 Termination of Xxxxxx Mae Financing............................................................98 48.6 SPE; Reference to Leased Properties, Other Leases or Facilities................................98 48.7 New/Additional Financing.......................................................................98 49. Authorizations..........................................................................................98
Use of Reserves. In the event of any dispute or disagreement between Landlord and Tenant as to the manner in which Xxxxxx Mae Reserves are to be expended, the determination of Landlord shall govern and control. In no event whatsoever shall Landlord ever be liable to Tenant for (and Tenant hereby agrees to waive forever and not to make or pursue) any claim relating to Landlord's handling of the Xxxxxx Xxx Reserves. Amberleigh
Use of Reserves. All Reserves shall, until so disbursed by the Depository as set forth in the applicable provisions, constitute additional security for the Obligations (and Borrower hereby grants to Lender a first priority security interest in the Reserves), and may be commingled with other funds of the Depository. If an Event of Default shall have occurred hereunder, or if the Obligations shall be accelerated as herein provided, all Reserves may, at Lender’s option, be applied to the Obligations in the order determined by Lender or to cure said Event of Default or as further provided in this Security Instrument.
Use of Reserves. In the event of any dispute or disagreement between Landlord and Tenant as to the manner in which Xxxxxx Mae Reserves are to be expended, the determination of Landlord shall govern and control; provided, however, that with respect to any proceeds of the February Replacement Reserve that are actually received by Landlord upon the Closing and as to which Seller has no claim under the P&S Agreement, Tenant may utilize said funds for any purpose relating to the maintenance, repair or replacement of the Facility as Tenant sees fit in its sole reasonable judgment, subject to the requirements of Section 11 above and all other applicable provisions of this Lease. In no event whatsoever shall Landlord ever be liable to Tenant for (and Tenant hereby agrees to waive forever and not to make or pursue) any claim relating to Landlord's handling of the Xxxxxx Xxx Reserves.
Use of Reserves listing) tracked by LESSEE and the repair facility, (xii) a current service bulletin and Airworthiness Directive listing, (xiii) written verification from the repair facility that the Engine or APU has been released and shipped from the repair facility back to LESSEE, (xiv) the status of all warranty claims and (xv) an itemization of all concessions, warranty credits or other credits which have been or will be provided for work accomplished on the Engine or APU during the applicable shop visit (or, if none, a written statement from LESSEE stating that it has not received and does not have pending any such concessions, warranty credits or other credits).
Use of Reserves. Lessee is authorized to commit and to spend, and thereafter, if applicable, be reimbursed from, the Reserves for all (a) items and matters contained in the budget submitted by Lessee and approved by Lessor pursuant to the Participating Lease; (b) reasonable expenditures in emergency situations at any hotel when necessary, in the Lessee's opinion, to maintain the hotel property and to provide for its continued operation and for the safety and welfare of the hotel guests; and (c) up to Fifteen Thousand Dollars ($15,000.00) per Hotel for replacement and improvements on a routine basis. In any case, however, Lessee shall provide invoices and, when requested by Lessor, explanation of the circumstances and need for non-budgeted expenditures from the Reserves. Lessee shall, except as provided in (a), (b) and (c) above, obtain the prior written approval of Lessor for all expenditures in any Lease Year for which Lessee is entitled to seek reimbursement from Lessor pursuant to the terms of this Agreement which exceed the amount in the Reserves for that Lease Year. Any amount of the Reserves not actually expended in any Lease Year shall accumulate in the respective Reserve for use in succeeding Lease Years.
