Third Party Assets Clause Samples

Third Party Assets. Except: (a) as prohibited by law; (b) in the case of an Emergency; or (c) for agreements that have an annual cost of less than $250,000.00; prior to the Operator’s executing any contract or other arrangement for the use of Midstream Assets within the AM1 that are not AM1 Midstream Assets, the Operator will submit a Ballot to the System Owners along with specific descriptions, plans, economics and reasonable details of the expenditures to be made for using third party midstream assets. Approval for capital expenditures associated with such agreements must be approved by Supermajority Vote in accordance with paragraph 18. Notwithstanding anything to the contrary in this Agreement each System Owner hereby approves the compression commitments described in Exhibit “6.6” that are currently in place.

Third Party Assets. 5.1 The Buyer acknowledges that some of the Assets may belong to persons other than the Seller and that such Assets are not the subject of any sale under this agreement. 5.2 Where possession is given to the Buyer of any Third Party Assets, the Buyer shall: 5.2.1 hold the Third Party Assets as bailee; 5.2.2 have no title to nor further right to possess or use any of the Third Party Assets; 5.2.3 not hold itself out as owner of any of the Third Party Assets; 5.2.4 at its own expense, maintain the Third Party Assets in as good condition as they were in at the time of Completion (subject to normal wear and tear); 5.2.5 not sell, charge or otherwise encumber or dispose of any of the Third Party Assets; and 5.2.6 allow the Administrator, the Seller, the owners of the Third Party Assets and their respective representatives, to have access to the Third Party Assets at any reasonable time, to enable them to inspect, remove or otherwise deal with them. 5.3 The Buyer shall use all reasonable endeavours to obtain the consent of the owners of the Third Party Assets to the Buyer's continued possession, use or purchase of them. Neither the Administrator nor the Seller shall object to or hinder any arrangements that the Buyer may wish to make in this respect provided that the Buyer shall not make any such arrangement with the owner or person entitled to such assets unless such arrangements include waivers in full of any claim that the owner may have against the Administrator (whether for conversion, trespass to goods or on any other account), and of any claim made as an expense of the administration for the payment of any monies in respect of such Third Party Assets or their use. Subject to this and to the requirements of Clause 9 the Seller shall execute such documents as the Buyer may reasonably require. 5.4 If the owner of any Third Party Asset refuses to sell it or otherwise make it available to the Buyer, the Buyer shall forthwith deliver up such item for collection and removal by the owner and notify the Seller of such delivery up. 5.5 The Buyer shall indemnify the Seller and the Administrator from and against all claims and losses that may be brought against or incurred by the Seller or the Administrator in respect of any or all of the Third Party Assets insofar as such claims and losses arise in respect of an event occurring after Completion, as follows: 5.5.1 to the extent such a claim or loss arises against the Administrator personally and/or constitutes an expe...

Third Party Assets. Those removable fixtures, personal property or intellectual property, as shown on the attached Schedule 2.3.2, owned by (i) the supplier, vendor, licensor or other party under any Contracts, Licenses and Permits, or Plans and Specifications, (ii) the tenant under any space leases at the Real Property, or (iii) any employees or any guests or customers of the Business.

Third Party Assets. 6.1 The Purchaser acknowledges that the Assets or some of them may be subject to Third Party Claims and in respect of such assets the Purchaser warrants that: 6.1.1 it will hold such Assets separate from any assets in its ownership and shall not sell, lease, charge, encumber or otherwise dispose of the same nor any interest therein and shall keep the same in the same repair and condition as at the date hereof; and 6.1.2 upon written request of the Insolvency Practitioner the Purchaser shall either return the Assets listed or refered to in such request to the Insolvency Practitioner or, at the option of the Insolvency Practitioner, deal with the Supplier or other third party in respect of any Third Party Claim affecting the Assets; and 6.1.3 the Purchaser will not be entitled to rescind this Agreement or claim any repayment of the Purchase Price or any compensation in respect of any Third Party Claim. 6.2 The Purchaser will keep the Vendor and the Insolvency Practitioner indemnified against all costs claims demands and expenses arising out of or in connection with any Third Party Claim and/or any failure by the Purchaser to honour its obligations contained in this clause

Third Party Assets. In the context of developing projects Media Genesis may use third party assets, including but not limited to images, photos, sounds, music, code, and software. Unless otherwise specified in writing, Media Genesis does not make any representation that it can assign rights to these assets beyond a single non-transferrable use. Client acknowledges such limitation of Media Genesis’s rights and if client wishes to use these assets for other purposes, client must coordinate with Media Genesis the payment of appropriate royalties, fees and costs of licensing.

Third Party Assets. Any removable fixtures, personal property or intellectual property owned by any Resident and any third-parties, and more particularly set forth on the attached Schedule 2.3.2 to the extent the same are located other than in Resident rooms;

Third Party Assets. SCHEDULE 6 to Seller's Disclosure Letter sets forth a list of all Third Party Assets used in the Employee Self Service Activities, and all license agreements or other contracts pursuant to which Seller has the right to use (in the manner used by Seller in connection with the Employee Self Service Activities) such Third Party Assets

Third Party Assets. Title to any assets, property improvements, appurtenances, fixtures, equipment or goods located at the Cogen Company Leased Real Property that are not owned by the Cogen Company, including spare parts on consignment, chemicals on consignment and leased and rented equipment and other leased items, provided this Section 3.2.13 shall not be construed as limiting Buyer’s right to use leased assets which are covered by lease agreements included in the Cogen Company Assets;

Third Party Assets. Any removable fixtures, personal property or intellectual property owned by third-parties and more particularly set forth on the attached Schedule 2.3.2.