Good Condition and Repair Sample Clauses

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Good Condition and Repair. All of the equipment, furniture and fixtures of Bank are in good operating condition and repair and of an appropriate character for use in the operation of its business in the ordinary course.
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Good Condition and Repair. (a) The Parties agree that the way in which the Lessee Improvements and the Leased Property are developed, operated and maintained is critically important to the citizens of the City by reason of their interest in having the Complex used by City residents and visitors alike, to compliment the water dependent uses of the St. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, and to encourage and permanently sustain private investment in the revitalization of the remainder of the St. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and all of St. ▇▇▇▇▇▇▇. Therefore, SAMP hereby agrees to develop, operate and maintain the Leased Property and the Lessee Improvements and all other property, equipment, landscaping, street furniture, sidewalks, vehicle access and parking areas, and all other things visible to the public located thereon or therein, always in a well maintained, clean, neat, orderly, safe, fresh, attractive and inviting appearance ("Good Condition and Repair") so that at all times during Term, and at the termination of this Lease by lapse of time or otherwise when the City shall receive the Lessee Improvements (subject to Section 9.l0(b)), the Lessee Improvements and all the other things described above shall be in Good Condition and Repair regardless of whether the necessity or desirability of maintenance, repair, renewal, replacement, or other work shall arise by virtue of wear, tear, age, obsolescence, or defect. These covenants are cumulative to the Marina Standards, although it shall be rebuttably presumed that Good Condition and Repair for the Marina is achieved by SAMP meeting those standards. (b) The Parties also agree that the way the City operates and maintains property owned or controlled by it around St. ▇▇▇▇▇▇▇ is critically important to the financial success of the Complex. Therefore, subject always to its governmental and legislative authority and discretion in fiscal matters, the City agrees to operate and maintain property owned or controlled by St. ▇▇▇▇▇▇▇ and which is visible to the public, especially on and adjacent to the Marina, as nearly as may be practicable to the standards required and maintained by SAMP for the Leased Property.
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Good Condition and Repair. Section 12.2
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Good Condition and Repair. The Mortgagor shall keep the Mortgaged Premises and the Collateral in good condition and repair (ordinary wear and tear excepted) and shall comply with all laws, ordinances, and regulations of all public authorities relating to the Mortgaged Premises and the Collateral, comply with all easements, declarations, covenants and any other private agreements imposing duties or obligations on owners or occupants of the Mortgaged Premises, and shall not suffer any waste to be committed thereon nor remove or demolish any building. The Mortgagor shall permit Mortgagee (and any Affiliate that is a Mortgagee hereunder) to enter upon the Mortgaged Premises and inspect the Mortgaged Premises and Collateral at all reasonable hours reasonable notice to the Mortgagor. The Mortgagor shall comply with the provisions of any lease if this Mortgage is
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Good Condition and Repair. The Property, ▇▇▇▇▇ and all other improvements located thereon are in good condition and repair as of the Effective Date hereof and shall be maintained in substantially the same condition between the Effective Date hereof and the Close of Escrow unless Buyer consents in writing to a change in condition or this Agreement is otherwise terminated in accordance herewith.
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Good Condition and Repair. City shall keep the Premises in good condition and repair and shall use reasonable care to prevent damage to the Premises, throughout the Term.
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Good Condition and Repair. Until full payment of the purchase price and delivery of the Warranty Deed as provided in Paragraph 9 of this Agreement, Purchaser agrees to maintain the Property and all improvements located on the Property at Purchaser's sole cost, and keep them in good repair and condition.
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Good Condition and Repair. Good Condition and Repair" means that (a) the Building Systems are fully operational, (b) Utility systems or components thereof for which the operation and maintenance is the responsibility of Tenant pursuant to the Utility Plan are fully operational, (c)the Premises are maintained and operated in good order and condition as required in this Lease, (d) as they (i) become worn out, (ii) are irreparably broken, (iii) cannot be repaired to function properly, (iv) violate any Applicable Laws, timely compliance with which is then mandated, or (v) fail to meet commercially reasonable performance standards under the circumstances of this Lease, the FF&E shall be replaced with FF&E of a nature and quality at least equivalent to that prevailing in other comparable facilities, and (e) the Improvements shall be repaired and replaced, or new improvements consistent with the then current overall operations of the Premises are substituted therefor, as reasonably necessary to maintain the quality of ▇▇▇▇▇▇'s use and operation of the Premises in accordance with this Lease. Landlord acknowledges and agrees that the existing Improvements may be maintained in their current condition until the Initial Project applicable thereto has been completed.
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Good Condition and Repair. To the extent not Landlord's responsibility under this Lease, keep the Premises in good order and condition; Tenant shall be responsible for payment of all costs incurred by Landlord in replacing all glass broken by Tenant with glass of the same quality, and Tenant shall commit no waste on the Premises.
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Related to Good Condition and Repair

  • Alterations and Repairs Lessee shall not make or permit to be made any other alterations, additions, improvements, or changes (collectively, “Alterations”), in the premises, without Lessor’s prior written approval, which approval Lessor may withhold in Lessor’s sole discretion. Subject to the services to be rendered by Lessor as set forth in the Schedule, Lessee shall, at Lessee’s expense, keep the premises generally consistent with the standard maintained by other tenants of premises in the Building during the tenancy. If Lessee does not make repairs promptly and adequately, Lessor may, but need not, make repairs, and Lessee shall pay promptly the reasonable cost thereof. At any time or times, Lessor, either voluntarily or pursuant to governmental requirement, may, at Lessor’s expense, make repairs, alterations, or improvements in or to the Building or any part thereof, including the premises, and, during such operations Lessor may close entrances, doors, corridors, elevators, or other facilities, all without any liability to Lessee or deduction of rent by reason of interference, inconvenience, or annoyance; provided that Lessee shall have access to the premises sufficient for conduct of Lessee’s business. Lessor shall not be liable to Lessee for any expense, injury, loss, or damage resulting from work done in or upon, or the use of, any adjacent or nearby building, land, street, or alley, provided that Lessor makes a reasonable effort to minimize the disruption to Lessee’s business. In the event Lessee requests that repairs, alterations, decorating, or other work in the premises be made during periods other than ordinary business hours, Lessee shall pay Lessor for overtime and other additional expenses incurred because of such request.

  • Repair Concessionaire shall, prior to the commencement of the Concession Operation under this Agreement, provide to Department a type-written concession equipment maintenance plan for the State-owned equipment located on the Concession Premises, together with a schedule for preventative maintenance and a report on maintenance completion and equipment condition. Failure to comply with this preventative maintenance schedule shall result in Concessionaire being responsible for all repairs and/or replacement of equipment. The review and Department inspection of the Concession Premises and its equipment will be conducted during routine inspection of the Concession Premises and as a part of the Mandatory Compliance and Performance Evaluation Meetings.

  • Damage and Repair If, during the Term, the Retirement Community is damaged by a Minor Casualty, Tenant, or Operator if the Operating Agreement is in effect, shall with all reasonable diligence (i) proceed to process the claim with the applicable insurance carriers, including settling such claim, and to make the necessary arrangements with appropriate contractors and suppliers to repair and/or replace the damaged portion of the Facility and (ii) perform Operator's obligations with respect to such Minor Casualty pursuant to Section 15.01 of the Operating Agreement. If, during the Term, the Facility suffers a Total Casualty, this Agreement shall be terminable at the option of either party upon ninety (90) days' written notice to the other party. Such notice must be sent within thirty (30) days after the date of the Total Casualty. If, during the Term, the Facility is damaged by fire, casualty or other cause to a greater extent than a Minor Casualty, but not to the extent of a Total Casualty, or if the Facility suffers a Total Casualty but neither party elects to terminate under Section 10.1, Landlord shall, at its cost and expense and with all reasonable diligence, repair and/or replace the damaged portion of the Facility to the same condition as existed previously. Tenant shall have the right to discontinue operating the Facility to the extent it deems necessary to comply with applicable Legal Requirements or as necessary for the safe and orderly operation of the Facility. To the extent available, casualty insurance proceeds shall be applied to such repairs and/or replacements. If Landlord fails to so promptly commence and complete the repair and/or replacement of the Facility so that it shall be substantially the same as it was prior to such damage or destruction, such failure shall be a Landlord Default by Landlord. The parties agree that Landlord's obligations to repair and/or replace pursuant to the provisions of this Section 10.1 shall be limited to the extent of available casualty insurance proceeds (plus the amount of any applicable deductibles). The parties further agree that if Landlord is obligated to utilize such available casualty insurance proceeds to repay any obligations pursuant to any mortgage, then Landlord shall be entitled to an equitable extension of time (in which Landlord has to fulfill its obligations pursuant to the provisions of this Section 10.1) sufficient to allow Landlord to obtain the necessary funding to replace such spent casualty insurance proceeds and to make the repairs and/or replacements required hereunder. The parties further agree that Landlord's obligations to repair and/or replace pursuant to the provisions of this Section 10.1 shall be subject to Landlord's ability to obtain such entitlements and/or other governmental approvals as may be necessary to undertake such repair and/or replacement; provided that Landlord shall undertake good faith efforts to obtain such entitlements and/or approvals.