Return Condition definition

Return Condition means, for the applicable measurement period, that the Total Shareholder Return exceeds the S&P Return.
Return Condition has the meaning given to it in Part 1 of Appendix 8.
Return Condition means that each part of the Leased Railway Infrastructure is Fit for Purpose at the expiration of the Term.

Examples of Return Condition in a sentence

  • If the Equipment is not in Return Condition, Lessee shall remain liable for all reasonable costs required to restore the Equipment to Return Condition.

  • If the Hardware is not in Return Condition, Lessee shall, at its option, either restore the Hardware (at Lessee’s cost) to Return Condition or pay for the Hardware at its Stipulated Loss Value if the Hardware is not reasonably repairable.

  • Subject to the provisions of Section 15(b) under “Option to Extend; Surrender of Hardware and Software Assets,” Lessee agrees to restore the Hardware to Return Condition prior to its return to Lessor.

  • Subject to the provisions of Section 13B of this MLA, Lessee agrees to restore the Equipment to Return Condition prior to its return to the Lessor.

  • Subject to the provisions of Section 13B of this MLA, ▇▇▇▇▇▇ agrees to restore the Equipment to Return Condition prior to its return to the Lessor.


More Definitions of Return Condition

Return Condition means the condition specified in Section 11 and Schedule 6.
Return Condition means the state of condition and repair the Customer must ensure the Equipment is in prior to returning the Equipment to A1 Plant Hire, including at a minimum ensuring each of the conditions stipulated under Item 10 of the Hire Schedule have been met.
Return Condition means empty, clean, and in the same condition at the time of initial delivery at the Origin, less normal wear and tear, as determined by Zippy Shell in its sole discretion. Customer shall incur a Cleaning Fee in the event a Container is not returned in Return Condition. Customer assumes full risk for all damage resulting from the delivery, placement and retrieval of the Container(s) and relieves Zippy Shell and Franchisees from any responsibility for such damage.
Return Condition means the condition in which the Equipment shall be returned to Lessor by Lessee pursuant to Section 9(b) hereof.
Return Condition has the meaning ascribed thereto in Section 4.3(a) hereof.
Return Condition means the condition of the Aircraft as described in Schedule 4 of the Lease Agreement.
Return Condition means the condition that each Return Asset must be in on Return described in schedule A14 (Return Condition);