Business Lease. The lease currently operative on the premises, if applicable, is in good standing and all payments required to be made under the lease have been made by Seller. All rent averages, rent, maintenance and other expenses relating to the lease including any real property tax obligations and insurance obligations up to occupancy by Buyer are the responsibility of Seller.
Business Lease. Seller shall have obtained an assumption of the Lease or a new Lease covering the Premises upon terms satisfactory to Seller.
Business Lease. >For GST registered businesses
Business Lease. Buyer shall have obtained an assignment of the Lease or a new Lease covering the Premises upon terms satisfactory to Buyer.
Business Lease. The Business Lease relating to the Lease Financing Loan is [Provide a general description of the Business Lease, including the parties thereto, the date thereof, specific Equipment related thereto and the location and type of property covered by such Business Lease in reasonable detail].
Business Lease. The Premises are occupied by Seller under a certain real estate lease agreement, dated May 2002 (the "Lease") with Xxx Xxxxx as Landlord. The Lease will either be assigned to and assumed by Buyer, with the consent of Landlord, pursuant to an Assignment in form and upon terms satisfactory to Seller, Buyer and the Landlord, or Buyer shall negotiate a new lease on terms acceptable to Buyer.
Business Lease. THE LANDLORD AGREES TO RENT AND TENANT AGREES to lease the Rental Space for the term and at the rent stated, as follows: (The words "Landlord" and "
Business Lease. The Lease covering the Premises shall have been assigned by Seller to Buyer with the consent of the Landlord.
Business Lease. The Premises are occupied by Seller under a certain real estate lease agreement, dated July 15, 2003 (the “Lease”) with 157 Lane, LLC, a Colorado limited liability company and Jigsaw Puzzle, LLC, a Colorado limited liability company, collectively, as Landlord. The Lease will either be assigned to and assumed by Buyer, with the consent of Landlord, pursuant to an Assignment in form and upon terms satisfactory to Seller, Buyer and the Landlord, or Buyer shall negotiate a new lease on terms acceptable to Buyer.
Business Lease. Buyer shall have obtained an assignment of the Lease or a new Lease covering the Premises upon terms satisfactory to Buyer. Notwithstanding the foregoing, while Seller shall use commercially reasonable, good efforts to attempt to have the Lease assigned or, at Buyer’s option attempt to obtain a new Lease for the Premises, it shall not be a default of Seller hereunder if Seller, after the exercise of such efforts shall have failed to obtain such assignment or new lease.
