Operating Condition definition

Operating Condition means and require that the entire Leased Premises is being continuously operated and regularly open for business to the general public as a motion picture theater complex in accordance with the Lease, at least on such days and at such times that a majority of Century’s and Cinemark’s other motion picture theater complexes in the Sacramento, California metropolitan area typically are open and operating. The term “Excused Closure” shall mean (i) periods of construction, alterations, renovation, remodeling and repair of the Leased Premises undertaken in accordance with this Lease (including repairs and restoration following damage or destruction due to fire or other casualty) provided that Tenant (A) prosecutes such work to completion with reasonable diligence, (B) exercises its reasonable efforts to minimize the length of time of such closure, and (C) exercises its reasonable efforts to limit the number of motion picture screens at the Premises that are not operated due to such closure; (ii) periods when Tenant cannot practicably operate its business in the Premises as a consequence of force majeure; and (iii) additional periods, not to exceed four (4) days in any Lease Year, when Tenant in its sole discretion elects not to operate its business in the Leased Premises.

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Operating Condition. , in relation to a vehicle, means that it is capable of being driven on a highway in compliance with The Highway Traffic Act;

Operating Condition means and require that the entire Leased Premises is being continuously operated and regularly open for business to the general public as a motion picture theater complex in accordance with the Lease, at least on such days and at such times that a majority of Century’s and Cinemark’s other motion picture theater complexes in the Los Angeles, Orange County and Inland Empire MSA (the “Applicable MSA”) typically are open and operating. The term “Excused Closure” shall mean (i) periods of construction, alterations, renovation, remodeling and repair of the Leased Premises undertaken in accordance with this Lease (including repairs and restoration following damage or destruction due to fire or other casualty provided that Tenant (A) prosecutes such work to completion with reasonable diligence, (B) exercises its reasonable efforts to minimize the length of time of such closure, and (C) exercises its reasonable efforts to limit the number of motion picture screens at the Premises that are not operated due to such closure; (ii) periods when Tenant cannot practicably operate its business in the Premises as a consequence of force majeure; and (iii) additional periods, not to exceed four (4) days in any Lease Year, when Tenant in its sole discretion elects not to operate its business in the Leased Premises.

Examples of Operating Condition in a sentence

We will cover Mechanical Failures relating to the mechanical parts and components of those Domestic-Grade Items that were in the Covered Property and in Proper Operating Condition on the Agreement effective date.
The Claim Buyout amount will be strictly calculated based on: (i) our costs for the parts required to repair the Item to return it to Proper Operating Condition; or (ii) our costs to replace Items; and (iii) our estimated labor costs for our in-network Service Professional to perform the repair or replacement services.
The Claim Buyout amount will be strictly calculated based on: (i) our costs for the parts required to repair the Item to return it to Proper Operating Condition; and (ii) our estimated labor costs for our in-network Service Professional to perform the repair service.
Operating Condition at Redelivery...............................84 SCHEDULE 4.
If Customer declines or discontinues Maintenance Services for any Covered Equipment and thereafter wishes to add or restore such equipment as Covered Equipment, Itron may, prior to such equipment being included as Covered Equipment, inspect such equipment at Itron’s then current rates to determine whether it is in Operating Condition and/or charge Itron’s then current re-certification fee, in addition to prorated Annual Fees for the then-current Maintenance Billing Cycle (the “Re-initiation Costs”).

More Definitions of Operating Condition

Operating Condition. Any vehicle being used to provide services on the HopSkipDrive Platform must be in good operating condition and meet industry and all applicable statutory and state department of motor vehicle requirements for a vehicle of its kind.

Operating Condition means, in relation to a vehicle, that it is capable of being driven on a highway in compliance with the Highway Traffic Act, R.S.O.1990, c.H. 8, as amended or replaced;

Operating Condition means a state of the Vessel that meets the conditions of completed Mobilization.

Operating Condition means, with respect to tangible Personal Property, operating condition which is of a quality at least as high as the quality of the operating condition of the tangible Personal Property on the date of this Agreement.

Operating Condition means the condition set forth on Schedule 9.03(j).

Operating Condition means that the Covered Equipment performs in accordance with the applicable Specifications.

Operating Condition means a specific requirement developed by DEQ and accepted by a fuel producer or fuel pathway holder as a condition of the approval of a fuel pathway application. These conditions dictate operational changes and conditions, and how operational data or other information must be gathered, kept, reported, or calculated for a fuel pathway or set of pathways. They may also control how the fuel pathway can be used in reporting.

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