Common use of Business Lease Clause in Contracts

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.

Appears in 4 contracts

Samples: Business Purchase Agreement (LiveWire Ergogenics, Inc.), Business Purchase Agreement (LiveWire Ergogenics, Inc.), Business Purchase Agreement (LiveWire Ergogenics, Inc.)

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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. Seller will pay any and all fees charged by the Landlord for processing any assignment of the lease to Buyer.

Appears in 1 contract

Samples: Business Purchase Agreement (Carsmartt, Inc.)

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