During the Lease Period Sample Clauses
The 'During the Lease Period' clause defines the rights, responsibilities, and obligations of the parties while the lease is in effect. It typically outlines what the tenant and landlord must do or refrain from doing during the term, such as maintenance duties, payment schedules, and use restrictions. By clearly specifying these ongoing requirements, the clause ensures both parties understand their roles and helps prevent disputes over conduct or expectations throughout the lease duration.
During the Lease PeriodÌýthe Vehicle may not be used (i) for the conveyance of passengers or goods for reward; (ii) to propel or towany other vehicle (including any caravan or trailer) unless authorised by the Lessor in writing; (iii) below the high tide water mark along the coast or in any pools or water salt pans; (iv) for any illegal purpose of any nature whatsoever; (v) to transport goods in violation of any customs laws or in any other illegal manner; (vi) in any motor sport or similar high risk activity; (vii) beyond the boundaries of the Republic of Namibia, unless expressly authorised by the Lessor in writing; (viii) in any area where there is or may be a risk of incidents of civil unrest, political disturbance or riot or any activity associated with any of the aforegoing;
During the Lease Period.ÌýBuyer shall have sole discretion to and shall provide professional and/or technical supervision to Leased Employees and shall have sole discretion to decide work assignments and the locations at which such assignments shall be performed by Leased Employees. Buyer shall be responsible for and shall provide at its expense work stations, tools, materials, and other supplies required by Leased Employees. To the extent required and authorized by Buyer, Buyer shall reimburse Leased Employees for any expenses incurred for necessary and reasonable business travel, entertainment and other business expenses in connection with Leased Employee's duties. Buyer shall reimburse Leased Employees for such expenses upon presentation of an itemized account and appropriate supporting documentation, all in accordance with Buyer's generally applicable policies.
During the Lease PeriodÌýthe Lessee shall pay to the Lessor (or to the Lessor's order) installments of rent for the Aircraft monthly in advance, each such instalment being of the amount specified in paragraph 2 of Letter Agreement No. 1 opposite the relevant Payment Date and being payable on such Payment Date.
During the Lease PeriodÌýthe Sourced Employees shall continue to be eligible to participate in each of the Merck Benefit Arrangements in which they were eligible to participate immediately prior to the Effective Date on the terms and conditions of such plans as in effect from time to time. For each month that ends during the Lease Period and for the portion of a month which ends on the Expiration Date if the Expiration Date is not the last day of such month, Medco will pay to Merck on a monthly basis in accordance with Section 3.4 below an amount equal to a percentage of the Base Salaries (as defined in Section 1.3 of this Agreement) to cover the costs of such Merck Benefit Arrangements (the "Benefits Amount"), such percentage to be the same percentage that Merck charges to its divisions for such plan benefits. The parties agree that the costs of the bonus payments made pursuant to Section 3.5 of this Agreement and any severance benefits made pursuant to Section 2.5 or Section IV of this Agreement shall not be included in the Benefits Amount.
During the Lease Period.ÌýTondiraba Sports Centre has the right to conduct sales activity by themselves or enable sales activity by third parties, incl. the sale of souvenirs of the Event, in the common areas marked on the plan.
During the Lease PeriodÌýthe Vehicle may not be used (i) for the conveyance of passengers or goods for reward; (ii) to propel or tow any other vehicle (including any caravan or trailer) unless authorised by the Lessor in writing; (iii) below the high tide water xxxx along the coast or in any pools or water salt pans; (iv) for any illegal purpose of any nature whatsoever;
(v) to transport goods in violation of any customs laws or in any other illegal manner; (vi) in any motor sport or similar high risk activity; (vii) beyond the boundaries of the Republic of Namibia, unless expressly authorised by the Lessor in writing; (viii) in any area where there is or may be a risk of incidents of civil unrest, political disturbance or riot or any activity associated with any of the aforegoing; (ix) crossing any rivers in flood or along a riverbed; (x) for travelling on long distance roads after sunset or before sunrise; (xi) in sandstorms; (xii) on unregistered roads; or (xiii) to Sandwich Harbour, along the Kunene River, from Epupa Falls east along the D3700 or D3701 roads, or on Van Zyl’s Pass. In the event that a Vehicle is used under any of the aforementioned circumstances, the Lessor may terminate the Lease forthwith and the Lessee shall redeliver the Vehicle to the Lessor on the Lessor’s demand and forfeit all Rental Payable.