City Lease Sample Clauses

City Lease. The Operator acknowledges that its rights and obligations hereunder are subject to the Lease.
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City Lease. HMQ acknowledges and agrees that: (a) (i) it has entered into the City Lease with the City in a substantially similar form as disclosed to Project Co; (ii) the City Lease is in good standing and in full force and effect; (iii) to the best of its knowledge, neither the City nor HMQ is in default thereunder; and (b) it will not amend, supplement, vary, terminate, surrender or restate the City Lease without the prior written consent of Project Co, which consent may not be unreasonably withheld or delayed, provided that no consent of Project Co is required if the amendment will not materially or adversely affect the ability of Project Co to perform its obligations under this Agreement or have the effect of increasing any liability of Project Co, whether actual or potential.
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City Lease. At Closing, FRC and BBS shall enter into the City Lease.
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City Lease. Borrowers represent and warrant to Lender as follows with respect to the City Lease: (1) the City Lease is current and in good standing and full force and effect, and has not been amended or modified except as described in Schedule 1.1
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City Lease. (1) any default or "Event of Default" by Bayshore Landing under the City Lease that remains uncured after any applicable grace or cure period contained within the City Lease; (2) Lender's receipt of any notice from the City of intention to terminate the City Lease for any reason whatsoever, or any termination or purported termination of the City Lease (whether voluntarily or by operation of law) subject to the expiration of any grace or cure period specified in said notice; (3) any surrender, termination, cancellation, release, modification, change, supplement, alteration or amendment whatsoever to the City Lease without Lender's prior written consent, which Lender may grant or withhold in its reasonable discretion; or (4) any election by the City (or its trustee in bankruptcy) to reject the City Lease pursuant to section 365(h) of the Federal Bankruptcy Code of I 978 (or any successor provision) or under any similar law or right of any nature.
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City Lease. As set forth in the City Lease, the Mortgage is subject and subordinate to all conditions and covenants of the City Lease and the rights of the City and the State as to the property subject to the State Lease. Lender and the owner of any indebtedness secured by the Mortgage, upon acquiring Bayshore Landing's leasehold interest under the City Lease, and shall take the same subject to the terms, covenants and provisions of the City Lease. Lender agrees to notify the City of any Event of Default prior to commencing foreclosure proceedings.
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City Lease. That certain Lease Agreement by and between The City of Miami, Florida, a municipal corporation of the State of Florida (the "City"), as landlord, and Bayshore Properties, Inc. ("BPI"), as tenant, dated September 20, 1985; as subsequently, assigned by BPI to Grove Marina Market, Ltd. by virtue of (i) that certain Assignment of Lease dated March 16, 1986, (ii) that certain Acceptance of Assignment of Xxxxx, xxxxx Xxxxx 04, 1 986, and (iii) that certain Consent by and between the City and BPI dated March 13, 1986; and amended by virtue of : (i) that certain Memorandum of Understanding dated August 30, 1991, (ii) that certain Memorandum of Understanding xxxxx Xxxxxxxxx 00, 0993, that certain (iii) Amendment to Lease Agreement dated November 14, 2001 ; and (iv) that certain Second Amendment to Lease Agreement dated on or about August 19, 2004; and further assigned by virtue of that certain Assignment and Assumption of Master Lease between Grove Marina Market, Ltd and Bayshore Landing, LLC dated as of August 19, 2004. SCHEDULE 1.1 (21) ----------------- CLOSING SITE ASSESSMENTS AND ENVIRONMENTAL DOCUMENTS ----------------------------------------------------
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City Lease. 12 1.21. COC Fiscal Year....................................................................................12 1.22. COC Minimum Payment................................................................................13 1.23. Common Stock.......................................................................................13 1.24. Component..........................................................................................13 1.25.
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City Lease. Landlord's leasehold estate in the City Tract exists under and by virtue of Lease Agreement dated November 10, 1982, between the City of Dallas, as Lessor, and Oaklawn Place, Ltd., as Lessee, recorded in Volume 82225, page 1953, Deed Records of Dallas County, Texas, as amended by (i) First Amendment dated April 23, 1984, recorded in Volume 84088, page 4336, Deed Records of Dallas County, Texas, (ii) Second Amendment dated January 10, 1985, recorded in Volume 85039, page 1688, Deed Records of Dallas County, Texas, (iii) Third Amendment dated July 30, 1985, recorded in Volume 88181, page 1583, Deed Records of Dallas County, Texas, and (iv) Fourth Amendment dated June 1, 1988, recorded in Volume 88181, page 1575, Deed Records of Dallas County, Texas. Said Lease Agreement, as so amended, is referred to hereinafter as the "City Lease." Landlord represents that the City Lease is in full force and effect and that Landlord owns all rights of the Lessee under the City Lease.
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Related to City Lease

  • New Lease In the event that this Lease is rejected in any bankruptcy, insolvency or dissolution proceeding or is terminated by Landlord following a Tenant Event of Default other than due to a default that is subject to cure by a Permitted Leasehold Mortgagee under Section 17.1(d) and Section 17.1(e) above, Landlord shall provide each Permitted Leasehold Mortgagee with written notice that this Lease has been rejected or terminated (“Notice of Termination”), and, for the avoidance of doubt, upon delivery of such Notice of Termination, no Permitted Leasehold Mortgagee shall have the rights as described in Section 17.1(d) and Section 17.1(e) above, but rather such Permitted Leasehold Mortgagee instead shall have the rights described in this Section 17.1(f)). Following any such rejection or termination, Landlord agrees to enter into a new lease (“New Lease”) of the Leased Property with such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee for the remainder of the term of this Lease, effective as of the date of termination, at the rent and additional rent, and upon the terms, covenants and conditions (including all then-remaining options to renew but excluding requirements which have already been fulfilled) of this Lease, provided: (i) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall comply with the applicable terms of Section 22.2; (ii) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall make a binding, written, irrevocable commitment to Landlord for such New Lease within thirty (30) days after the date such Permitted Leasehold Mortgagee receives Landlord’s Notice of Termination of this Lease given pursuant to this Section 17.1(f); (iii) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall pay or cause to be paid to Landlord at the time of the execution and delivery of such New Lease, any and all sums which would at the time of execution and delivery thereof be due pursuant to this Lease but for such rejection or termination (including, for avoidance of doubt, any amounts that become due prior to and remained unpaid as of the date of the Notice of Termination) and, in addition thereto, all reasonable expenses, including reasonable documented attorney’s fees, which Landlord shall have incurred by reason of such rejection or such termination and the execution and delivery of the New Lease and which have not otherwise been received by Landlord from Tenant or other party in interest under Tenant; and (iv) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall agree to remedy any of Tenant’s defaults of which said Permitted Leasehold Mortgagee was notified by Landlord’s Notice of Termination (or in any other written notice of Landlord) and which can be cured through the payment of money or, if such defaults cannot be cured through the payment of money, are reasonably susceptible of being cured by Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee.

  • Head Lease 7.1. To comply with all the obligations imposed upon the Landlord by a Superior Landlord if the Property is held under a Superior Lease. 7.2. To take all reasonable steps to ensure that the Superior Landlord complies with the obligations of the Superior Lease. 7.3. To provide a copy of the relevant sections of the Head Lease to the Tenant at the start of the Tenancy upon request. 7.4. To pay all charges imposed by any Superior Landlord for granting this Tenancy.

  • Ground Lease Reserved.

  • Sublease Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Existing Lease (a) The Port Authority and the Lessee's predecessor in interest, The First Boston Corporation, have heretofore entered into an agreement of lease dated as of May 10, 1979, and identified by Port Authority Lease No. WT-2209-N-6 (1497), which agreement of lease, as the same has been heretofore supplemented and amended, is hereinafter called the "Existing Lease". (b) Effective as of 11:59 o'clock P.M. on December 31, 1998 (which date and hour is hereinafter referred to as the "Existing Lease Surrender Date"), the Lessee hereby surrenders and yields up and does by these presents grant, bargain, sell, surrender and yield up to the Port Authority, its successors and assigns, forever the entire premises under the Existing Lease (such premises under the Existing Lease being hereinafter referred to as the "Existing Premises") and the term of years with respect thereto under the Existing Lease yet to come, and has given, granted and surrendered and by these presents does give, grant and surrender to the Port Authority, its successors and assigns, all the rights, rights of renewal, licenses, privileges and options of the Lessee granted by the Existing Lease with respect to the Existing Premises, all to the intent and purpose that the said term under the Existing Lease and the said rights of renewal, licenses, privileges and options may be wholly merged, extinguished and determined on the Existing Lease Surrender Date with the same force and effect as if the said term were in, and by the provisions of the Existing Lease originally fixed to expire on such date and further to the extent and purpose that all obligations and rights of the parties under the Existing Lease end on the Existing Lease Surrender Date except for accrued obligations which are unpaid or unsatisfied thereunder on such Existing Lease Surrender Date. (c) The Lessee shall not be required to remove or change any of the construction or installation work performed, or any improvements made, in the Existing Premises, or to remove therefrom any furniture, equipment, signs, inventories, trade fixtures and/or other personal property of the Lessee or for which the Lessee is responsible as of the Existing Lease Surrender Date. The Lessee's continued occupancy of the Existing Premises after the Existing Lease Surrender Date pursuant to the provisions of this Agreement shall be deemed delivery by the Lessee to the Port Authority of the Existing Premises for the purposes of paragraph (b) of this Section. (d) The Lessee shall have the non-exclusive right, subject to and in accordance with the terms and conditions of this Agreement, to continue to use, maintain and replace for the term of the letting hereunder all ducts and conduits it was permitted to use under the Existing Lease solely for the purposes it was permitted to use same for its operations under the Existing Lease.

  • Prime Lease Notwithstanding anything to the contrary contained herein, in the event the Prime Lease is terminated for any reason whatsoever, this Sublease shall terminate on the date that the Prime Lease is terminated. Upon any such termination of the Prime Lease for any reasons other than Subtenant’s breach or default hereunder, or Sublandlord’s default under the Prime Lease occasioned by Subtenant’s failure to perform its obligations hereunder, all Rent due and owing hereunder shall be pro-rated, where applicable, as of the date of such termination, and paid to Sublandlord, and thereafter in the event of a termination of the Prime Lease which is not due to Subtenant’s breach or default under this Sublease and/or Sublandlord’s default under the Prime Lease which is due to Subtenant’s breach or default under this Sublease, then, Sublandlord shall have no further obligation or liability to Subtenant arising from, through, or under this Sublease except as more particularly set forth herein, and upon Subtenant’s return of possession of the Premises to Sublandlord and Subtenant’s compliance with its obligations hereunder accruing on and/or before the date of such termination, Subtenant shall have no obligation or liability to Sublandlord accruing after the date of such termination relating to this Sublease, except as more particularly set forth herein.

  • OFFICE LEASE This Office Lease (the “Lease”), dated as of the date set forth in Section 1 of the Summary of Basic Lease Information (the “Summary”), below, is made by and between XXXXXX REALTY FINANCE PARTNERSHIP, L.P., a Delaware limited partnership (“Landlord”), and DROPBOX, INC., a Delaware corporation (“Tenant”).

  • Operating Lease (i) Each Borrower shall (a) promptly perform and observe all of the covenants required to be performed and observed by it under the Operating Leases and do all things necessary to preserve and to keep unimpaired its material rights thereunder; (b) promptly notify Lender of any material default under any Operating Lease of which it is aware; (c) promptly deliver to Lender a copy of any notice of default or other material notice under any Operating Lease delivered to any Operating Lessee by Borrower; (d) promptly give notice to Lender of any notice or information that Borrower receives which indicates that an Operating Lessee is terminating its Operating Lease or that any Operating Lessee is otherwise discontinuing its operation of the applicable Individual Property; and (e) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by the Operating Lessee under the applicable Operating Lease. (ii) If at any time, (A) an Operating Lessee shall become insolvent or a debtor in a bankruptcy proceeding or (B) Lender or its designee has taken title to an Individual Property by foreclosure or deed in lieu of foreclosure, has become a mortgagee-in-possession, has appointed a receiver with respect to the applicable Individual Property or has otherwise taken title to such Individual Property, Lender shall have the absolute right to (and Borrower and Operating Lessee shall reasonably cooperate and not in any way hinder, delay or otherwise interfere with Lender’s right to), immediately terminate the applicable Operating Lease under and in accordance with the terms of the applicable Subordination, Attornment and Security Agreement. (iii) Borrower shall not, without the prior written consent of Lender, which consent shall not be unreasonably withheld: (a) surrender, terminate or cancel any Operating Lease or otherwise replace any Operating Lessee or enter into any other operating lease with respect to any Individual Property, provided, however, at the end of the term of each Operating Lease, the applicable Borrower may renew such Operating Lease or enter into a replacement Operating Lease with Operating Lessee on substantially the same terms as the expiring Operating Lease except that Lender shall have the right to approve any material change thereto; (b) reduce or consent to the reduction of the term of any Operating Lease; or (c) enter into, renew, amend, modify, waive any provisions of, reduce Rents under, or shorten the term of any Operating Lease.

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment. 13.2 The Customer shall not enter into any lease agreement that results in the retail purchase of electricity; or the retail sale of electricity from the Customer-owned renewable generation. Notwithstanding this restriction, in the event it is determined by the Florida Public Service Commission that the Customer has entered such an agreement, the Customer shall be in breach of this Interconnection Agreement and the lessor may become subject to the jurisdiction and regulations of the Florida Public Service Commission as a public utility.

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