Utilization of Facilities Clause Samples

Utilization of Facilities. During periods of operational inconvenience, including but not limited to, weather delays, the temporary non-availability of facilities for maintenance purposes, or Aircraft mechanical delays, and if accommodation at a Common Use Gate(s) is not readily available, Airline shall make all reasonable efforts to accommodate other Air Transportation Company’s operations on Airline’s Preferential Use Premises in such instances.
View SourceView Similar (2)
Utilization of Facilities. The Drawdown Notice issued by the Borrower shall be irrevocable and have legal bindings on the Borrower to make a Drawdown in accordance with the terms and conditions thereunder and under this Agreement.
View Source
Utilization of Facilities. If the Facilities are not utilized for whatsoever reason within three (3) months from the date of the Letter of Offer or such further period as the Bank may prescribe regardless of whether the loan/security documents have been completed or not, the Bank shall be at liberty to withdraw the Facilities or to vary the terms of the Facilities. You shall reimburse the Bank for all costs, fees and expenses incurred by the Bank for doing so.
View Source
Utilization of Facilities. 2.1 Upon Party B’s request and subject to Party A’s review and approval, any specific credit business operated during the tenure will be automatically counted under this Agreement and be directly deemed as utilized facilities hereunder. In addition, upon Party B’s request and subject to Party A’s approval, any subordinate subsidiary or/and other affiliate of Party B as designated by Party B (hereinafter “Entity Designated by Party B”) may apply to Party A for the financing under / (insert type of business here) based on its business needs, the facilities of which will be (insert currency here) / (insert amount here). Such facilities will be deemed as utilized under the facilities provided by Party A to Party B hereinabove. For any such financing business conducted by Party A at the request of any Entity Designated by Party B, Party B shall be jointly and severally liable to Party A for obligations of such Entity Designated by Party B under the specific financing agreement and/or relevant documents entered into thereby with Party A within the amount of facilities. In other words, if any Entity Designated by Party B utilizes facilities granted by Party A to Party B under the Facility Agreement, Party B will unconditionally bear the joint and several liability for repayment of indebtedness arising therefrom. 2.2 If Party A conducts factoring business in which Party B is the payer (debtor of account receivables), Party A’s right to claim for account receivables due from Party B as transferred by a third party under such business shall be deemed as utilized facilities. If Party B applies to Party A for factoring business in which Party B is the payee (creditor of account receivables), purchase funds (for the acquired account receivables) paid by Party A to Party B under such business with its own funds or other funds of lawful sources for purchase of Party B’s right to claim for the account receivables shall be deemed as utilized facilities. 2.3 If, as required by its internal procedures, Party A entrusts any other branch of China Merchants Bank to issue a back-to-back letter of credit to the beneficiary after the issuance of a letter of credit, such letter of credit and the ▇▇▇▇ negotiation and shipping guarantee business thereunder shall be deemed as utilized facilities. When conducting the import letter of credit business, if subsequently, there is import ▇▇▇▇ advance under the same letter of credit, then the import letter of credit and the import ▇▇▇▇ advan...
View Source
Utilization of Facilities. 14.1. The Contractor will have the right to utilize, under the provisions of common law, for the needs of the Petroleum. Operations any railway, tramway, road, airport, landing field, canal, river, bridge or waterway and any telecommunication network, whether owned by the State or by private companies, against payment of any royalties in force or to be established by mutual agreement, in exchange for this use and their construction, operation and maintenance. The Contractor will also have the right to use for the Petroleum Operations any means of land, sea or air transportation, subject to the laws and regulations governing the use of such means of transportation. 14.2. The State will have the right in exceptional cases to use any transportation and communication facility installed by the Contractor, such as in case of national necessity due to national catastrophes, disasters, internal or external peril. The Contractor shall make all its facilities available to the State at the latter’s simple request or requisition. In such case, the request shall come from the Minister in charge of Hydrocarbons. 14.3. The State can construct, operate and maintain, above and below the land made available to the Contractor or along roads, railways, airports, landing fields, canals, bridges, flood Protection dams, police stations, military installations, pipelines and telecommunication networks, provided this does not compromise or significantly hinder the performance of the Petroleum Operations, except in case of national necessity.
View Source

Related to Utilization of Facilities

  • No Dedication of Facilities Any undertaking by one Party to the other Party under any provision of this Agreement shall not constitute the dedication of the system or any portion thereof by the Party to the public or to the other Party, and it is understood and agreed that any such undertaking under any provision of this Agreement by a Party shall cease upon the termination of its obligations hereunder.

  • Condition of Facilities (i) Use of the Real Property of Purchaser for the various purposes for which it is presently being used is permitted as of right under all Applicable Laws related to zoning and is not subject to “permitted nonconforming” use or structure classifications. All Improvements are in compliance with all Applicable Laws, including those pertaining to zoning, building and the disabled, are in good repair and in good condition, ordinary wear and tear excepted, and are free from latent and patent defects. To the Knowledge of Purchaser, no part of any Improvement encroaches on any real property not included in the Real Property of Purchaser, and there are no buildings, structures, fixtures or other Improvements primarily situated on adjoining property which encroach on any part of the Land. (ii) Each item of Tangible Personal Property is in good repair and good operating condition, ordinary wear and tear excepted, is suitable for immediate use in the Ordinary Course of Business and is free from latent and patent defects. No item of Tangible Personal Property is in need of repair or replacement other than as part of routine maintenance in the Ordinary Course of Business. Except as disclosed in Schedule 5.1(l)(ii), all Tangible Personal Property used in the Purchaser Business is in the possession of Purchaser.

  • Inspection of Facilities In order to meet their respective obligations under this Agreement, any Party may view or inspect facilities owned by another Party. Provided that reasonable notice is given, a Party shall not unreasonably deny access to relevant facilities for viewing or inspection by the requesting Party.

  • Maintenance of Facilities 5.1 The Network Customer shall maintain its facilities necessary to reliably receive capacity and energy from the Host Transmission Owner’s transmission system consistent with Good Utility Practice. The Transmission Provider or Host Transmission Owner, as appropriate, may curtail service under this Operating Agreement to limit or prevent damage to generating or transmission facilities caused by the Network Customer’s failure to maintain its facilities in accordance with Good Utility Practice, and the Transmission Provider or Host Transmission Owner may seek as a result any appropriate relief from the Commission. 5.2 The Designated Representatives shall establish procedures to coordinate the maintenance schedules, and return to service, of the generating resources and transmission and substation facilities, to the greatest extent practical, to ensure sufficient transmission resources are available to maintain system reliability and reliability of service. 5.3 The Network Customer shall obtain: (1) concurrence from the Transmission Provider before beginning any scheduled maintenance of facilities which could impact the operation of the Transmission System over which transmission service is administered by Transmission Provider; and (2) clearance from the Transmission Provider when the Network Customer is ready to begin maintenance on a transmission line or substation. The Transmission Provider shall coordinate clearances with the Host Transmission Owner. The Network Customer shall notify the Transmission Provider and the Host Transmission Owner as soon as practical at the time when any unscheduled or forced outages occur and again when such unscheduled or forced outages end.