Shared Components definition

Shared Components shall have the meaning ascribed to such term in Section 1.83 of the Declaration.
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Shared Components means those finished goods, sub-assemblies, and parts listed on Schedule 1.1(m).
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Shared Components means the components of the System that are jointly owned by System Owners as more fully defined in the Garland/Mesquite Radio System ▇▇▇. The term shall also mean the components of the System that will be owned by System Owners, but also used to support the operations of Sachse.
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Examples of Shared Components in a sentence

  • DCC and HTI will jointly determine the final technical specifications for the modifications made on all Shared Components for DCC Vehicles in support of the PASS Service.

  • At the end of each Operating Year, any amounts remaining in the Shared Components Reserve Fund shall be carried forward to the next Operating Year pursuant to the Project Budget.

  • The Shared Components Reserve Fund shall be established at a bank or other financial institution designated by Owner and approved by Operator (such approval not to be unreasonably withheld, conditioned or delayed) and shall be established in the name of Owner.

  • To the extent that Operator shall be required to pay income taxes on such interest or other income as a fiduciary, the same shall be payable out of such Shared Components Reserve Fund.

  • The Shared Components expenses are set forth in the Shared Costs budget.

  • Any funds remaining in the Shared Components Reserve Fund at the expiration or earlier termination of this Agreement shall remain the property of Owner.

  • Withdrawals from the Shared Components Reserve Fund shall only be used for the repair, replacement, improvement and maintenance of the Shared Components in accordance with the Condominium Documents and the Project Budgets, or as otherwise approved by Owner in its sole and absolute discretion.

  • In the event of the circumstances described in clauses (i), (ii) and (iii) immediately above, Operator shall have the right, power and authority to use (a) first, all or part of the Shared Components Reserve Fund, and (b) second, the monies in the Operating Account, for the making of such repairs.

  • During each Operating Year, Operator shall, for each Accounting Month included in such Operating Year, pay into a reserve fund (the “Shared Components Reserve Fund”) a portion of the Common Expenses collected by Operator sufficient to facilitate the repair, replacement, improvement and maintenance of the Shared Components, in accordance with the Condominium Documents and the Project Budgets (the “Replacement Reserve Amount”).

  • Owner shall, within ten (10) days after written notice from Operator, provide Operator with all funds necessary pursuant to this Section 10.5 if adequate funds are not otherwise available from the Shared Components Reserve Fund and the Operating Account.


More Definitions of Shared Components

Shared Components means the improvements constituting the Common Elements, Residential Units and the Hotel Unit which have been, or shall be, constructed as a single structure and operated as an integrated project. Given the integration of the structure of those improvements, and notwithstanding anything to the contrary depicted on the survey/plot plan attached hereto as Exhibit “2”, the following components of the Improvements (the “Shared Components”) shall be deemed part of the Shared Components of the Hotel Unit, whether or not graphically depicted as such on said survey/plot plan: any and all structural components of the Improvements, including, without limitation, all exterior block walls and all finishes (glass, paint, stucco, etc.) and balconies, terraces and/or facades attached or affixed thereto; the roof; all roof trusses, roof support elements and roofing insulation; all utility, mechanical, electrical, telephonic, telecommunications, plumbing, telephone switchboard, Life Safety Systems and other systems, including, without limitation, all wires, conduits, pipes, ducts, transformers, cables and other apparatus used in the delivery of the utility, mechanical, telephonic, telecommunications, electrical, plumbing, Life Safety Systems and/or other systems; all heating, ventilating and air conditioning systems, including, without limitation, compressors, air handlers, ducts, chillers, water towers and other apparatus used in the delivery of HVAC services; all elevator shafts, elevator cabs, elevator cables and/or systems and/or equipment used in the operation of the elevators transversing the Condominium Property; and all trash rooms and any and all trash collection and/or disposal systems. In addition, the Shared Components include use rights in and to the following areas and/or facilities (together with a license for reasonable pedestrian access thereto, as determined by the Hotel Operator): the main hotel lobby and the fitness center, if any, which may be located from time to time within the Improvements constructed upon the Hotel Unit. Notwithstanding anything herein, or in any of the exhibits hereto, contained to the contrary, the Shared Components shall be deemed part of the Hotel Unit. The Hotel Operator shall have the right (but not the obligation), by Supplemental Declaration executed by the Hotel Operator alone, to designate additional portions of the Hotel Unit as Shared Components hereunder. Notwithstanding the designation of the Shared Components, the Ho...
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Shared Components means computer code which, on the Closing Date, forms part both of Software marketed in furtherance of the Business and Software marketed in furtherance of other business ventures of the Vendor which are not Related to the Business, as set out in Section 3.1(13) of the Disclosure Schedule under the heading “Shared Components”.
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Shared Components means those finished goods, sub-assemblies, and parts listed on S chedule 1.1(m).
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Shared Components is defined in the Declaration of Condominium), the Hotel Unit’s share of the Condominium Association budget, the applicable Capital Reserve (hereafter defined), rent paid to Unit Owners whose Units are included in the Rental Program and (ii) the Debt Service Amount (hereinafter defined). “Debt Service Amount” for these purposes shall mean $702,000, unless the Existing Loan is modified or refinanced, in which event Debt Service Amount shall mean the higher of the modified debt service amount or $702,000. “Capital Reserve” for these purposes shall mean the following percentages of gross non-rooms revenues: 3% in years 1 and 2 of the Participation Period, 4% in years 3 and 4 of the Participation Period and 5% thereafter. For purposes of calculating the Annual Cash Flow Participation Amount, each year will stand on its own. No deficits will carry forward to subsequent years.
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Related to Shared Components

  • Removed Components means components of the Project or portions thereof which the Company or any Sponsor Affiliate in its sole discretion, elects to remove from the Project pursuant to Section 4.04 hereof or as a result of any Condemnation Event.

  • Certified components means components of X-ray systems which are subject to regulations promulgated under Public Law 90-602, the “Radiation Control for Health and Safety Act of 1968,” the Food and Drug Administration.

  • Components means articles, materials, and supplies incorporated directly into end products at any level of manufacture, fabrication, or assembly by the Contractor or any subcontractor.

  • complex product means a product which is composed of multiple components which can be replaced permitting disassembly and re-assembly of the product.

  • Manufacturing Site means a location where a manufacturing