Asset Removal Sample Clauses

The Asset Removal clause defines the rights and procedures for removing assets from a property or premises, typically at the end of a lease or contract. It outlines which assets may be taken by the departing party, such as equipment or fixtures they installed, and may specify conditions like restoring the property to its original state or providing notice before removal. This clause ensures clarity regarding ownership and responsibility for assets, preventing disputes over what can be taken and what must remain when the agreement ends.
Asset Removal. 3.2.1. Introduction This process covers the removal of Assets, including Meters. Work carried out by the GT rather than a Meter Worker is outside scope, thus the removal of a service pipe is not considered in this process. A Meter which is being disconnected and connected as part of the same job is classed as an Asset exchange and is not covered by this process. 3.2.2. Process Map Process maps included in Annex E of the Online RGMA Data Flow Catalogue. 3.2.3. Process Steps 2.1 If required Request Asset Removal Consumer Supplier13 Unlikely to be electronic Not defined 2.2 Following 2.1 Request Asset Removal Supplier MAM ORJOB Email, IX, DTN 2.3 Within 2WDs of 2.2 Respond to Asset Removal Request MAM Supplier RRJOB Email, IX, DTN 2.4 Following 2.2 Request Asset Removal MAM Meter Worker Information contained within ORJOB Not defined 2.5 48hrs prior to Asset removal14 Pre Notification of Asset Removal MAM Supplier15 ONJOB16 Email, IX, DTN 2.6 Within 2WDs of 2.5 Respond to Pre Notification of Asset Removal Supplier MAM RNJOB Email, IX, DTN 2.7 At the time and date specified within the request in 2.4 Carry out Asset Removal Meter Worker N/A N/A N/A 13 Where the consumer has a direct commercial relationship with the MAM, the consumer may send a request directly to the MAM.
View SourceView Similar (2)
Asset Removal. Buyer is solely responsible for all utility disconnection, fluid removal, rigging, loading, debris removal and cleaning, floor stud removal, and transportation of purchased Asset/ss. Buyer shall remove all purchased Asset/ss by the date on Buyer’s Invoice. Proof of insurance required in Section 2(d) is required before Buyer may remove the purchased Asset/ss. Cranes and hoists may only be used to remove Asset/ss at IARG’s sole discretion. IARG may condition such use at IARG’s sole discretion, including requiring additional insurance. Buyer shall reasonably safeguard the area where the removed Asset/s was located from pits, floor bolts, or other hazards, using generally accepted safety practices acceptable to IARG. Buyer shall cut all floor bolts and anchoring fasteners flush to the floor, broom clean the area, and remove all debris and trash resulting from Buyer’s removal of the Asset/s. Buyer shall safely cap any utility connections removed from any Asset/s as instructed by IARG and compliant with local building codes. IARG shall assign the loading area for Buyer. IARG may provide contact information for riggers or other contractors for removal of Asset/ss, but makes no warranties or representations regarding the same. Buyer is responsible for securing all safety equipment to require by applicable government safety standards necessary for removing any Asset/ss purchased. Asset/s may contain residual chemicals or hazardous materials. Any leaking or spilt chemicals, hazardous materials, or fluids are Buyer’s responsibility to remove and clean up. Buyer shall comply with all applicable Federal, State, and Local environmental laws, statutes, regulations, rules, and ordinances and shall exercise reasonable care to ensure that there is no release to the environment of any hazardous wastes or substances as defined in applicable Federal, State, and Local laws, statues, regulations, rules, and ordinances. ▇▇▇▇▇ indemnifies and holds harmless IARG and Owner from any and all damages, claims, liabilities from any injuries to persons, or damage to property of any type whatsoever caused by Buyer, its agents, employees, or contractors during the sale, during the removal, use, or operation of the ASSET/SS purchased. IARG reserves the right to inspect all trucks, toolboxes, rigger cases, and any and all other vessels within which Asset/ss or other property from the Sale Location could be placed prior to leaving the premises. Instances of theft will result in immediate term...
View Source
Asset Removal. The purpose of the grant and acquisition of the Asset is to enable Agency to better serve Clients. As such, if, during the term: (a) the Agency Agreement is terminated or Agency otherwise is no longer an active member agency of Food Bank; (b) Agency has breached any of its obligations under this Agreement; or (c) Agency does not increase distribution volumes as set out in the Plan, then Agency, upon written notice from Food Bank, will promptly turn the Asset over to Food Bank. Food Bank and Agency will cooperate in determining the best way to carry out removal and delivery to Food Bank or other location designated by Food Bank.
View Source
Asset Removal. (a) If this agreement is terminated, other than by User under clause 15.2, clause
View Source
Asset Removal. The purpose of the grant and acquisition of the Asset is to enable Agency to better serve Clients. As such, if, during the term: (a) the Agency Agreement is terminated or Agency otherwise is no longer an active member agency of Client; (b) Agency has breached any of its obligations under this Agreement; or (c) Agency does not increase distribution volumes as set out in the Plan, then Agency, upon written notice from Client, will promptly turn the Asset over to Client. Client and Agency will cooperate in determining the best way to carry out removal and delivery to Client or other location designated by Client.
View Source

Related to Asset Removal

  • Resignation and Removal Successor Asset Representations Reviewer Section 5.1. Eligibility Requirements for Asset Representations Reviewer 18 Section 5.2. Resignation and Removal of Asset Representations Reviewer 18 Section 5.3. Successor Asset Representations Reviewer 19 Section 5.4. Merger, Consolidation or Succession 20

  • Engagement of Successor Asset Representations Reviewer Following the resignation or removal of the Asset Representations Reviewer, the Issuer will engage a successor Asset Representations Reviewer who meets the eligibility requirements of Section 5.1.

  • Resignation and Removal of Asset Representations Reviewer (a) Resignation or Voluntary Removal of Asset Representations Reviewer. Discover Bank may, subject to the restrictions of this Section 5.2(a), remove the Asset Representations Reviewer for any reason or for no reason at any time upon thirty (30) calendar days’ prior written notice to the Asset Representations Reviewer. The Asset Representations Reviewer may, subject to the restrictions of this Section 5.2(a), resign as Asset Representations Reviewer for any reason or no reason at any time upon sixty (60) calendar days’ prior written notice to Discover Bank and the Issuer. No notice of removal or resignation of the Asset Representations Reviewer may be delivered under this Section 5.2(a)(i) if an Asset Representations Review is ongoing, (ii) on any date that is not more than 90 calendar days after the occurrence of the filing of a Securities Exchange Act Form 10-D reporting that a Delinquency Trigger has occurred, (iii) if the Indenture Trustee is conducting a vote of all Holders of Outstanding Notes pursuant to Section 715(b) of the Indenture as to whether an Asset Representations Review should be conducted or (iv) if the Delinquency Percentage for the immediately preceding Due Period was equal to or greater than 80% of the Maximum Delinquency Percentage for such Due Period. Notwithstanding this Section 5.2(a), if Additional Accounts are designated to the Master Trust in connection with the securitization that (i) were originated under substantially different underwriting standards than the Accounts designated to the Master Trust on the Effective Date and (ii) materially and adversely change the credit composition of the Receivables owned by the Master Trust, the parties to this Agreement shall commence good faith negotiations to modify the provisions regarding the resignation of the Asset Representations Reviewer in this Agreement. Notwithstanding anything in this Agreement to the contrary, the Asset Representations Reviewer may resign and terminate this Agreement if it does not receive any undisputed payment due under this Agreement (including Section 4.6) or the Fee Letter, which failure continues un-remedied for a period of thirty (30) days after written notice of such failure shall have been given to Discover Bank (with a copy to the Indenture Trustee) (the “Cure Period”). If an instrument of acceptance by a successor Asset Representations Reviewer shall not have been entered into and delivered to Discover Bank within thirty (30) days after the end of the Cure Period, the resigning Asset Representations Reviewer may petition a court of competent jurisdiction for the appointment of a successor Asset Representations Reviewer.

  • Successor Asset Representations Reviewer Following the resignation or removal of the Asset Representations Reviewer under Section 5.1, the Issuer will engage as the successor Asset Representations Reviewer a Person that is an Eligible Asset Representations Reviewer. The successor Asset Representations Reviewer will accept its engagement or appointment by executing and delivering to the Issuer and the Servicer an agreement to assume the Asset Representations Reviewer’s obligations under this Agreement or entering into a new Asset Representations Review Agreement with the Issuer that is on substantially the same terms as this Agreement.

  • Removal of Asset Representations Reviewer If any of the following events occur, the Indenture Trustee may, or, at the direction of Noteholders evidencing a majority of the aggregate Outstanding Amount of the Notes shall, by notice to the Asset Representations Reviewer, remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement: (i) the Asset Representations Reviewer is no longer an Eligible Asset Representations Reviewer; (ii) the Asset Representations Reviewer breaches any of its representations, warranties, covenants or obligations in this Agreement; or (iii) a Bankruptcy Event of the Asset Representations Reviewer occurs.