German Lease Sample Clauses

German Lease. Seller shall, and shall cause its Affiliates (including the German Purchased Entity) to, use reasonable best efforts to terminate or assign to a third party, or an Affiliate of Seller other than any Purchased Entity, the German Lease as soon as reasonably practicable after the date hereof and in a way that the German Purchased Entity is fully and unconditionally released from any Liability in connection therefrom; provided, that nothing in the foregoing sentence shall require Seller or its Affiliates collectively to pay or incur any fees or expenses in excess of those fees, expenses and rental payments contemplated by the German Lease. In connection therewith, Seller may (subject to obtaining Purchaser’s prior written consent) cause the German Purchased Entity to, at Purchaser’s sole cost and expense, enter into a new lease for office space in Germany to replace the German Lease and maintain or replace the Business’ wholesale distributor license associated with the German Lease. The terms and conditions of such new lease agreement shall be approved in writing by the Purchaser. For the avoidance of doubt, any termination fees or other Liabilities incurred by the German Purchased Entity in connection with the early termination or assignment of the German Lease shall be deemed Retained Liabilities, and any rental payments, costs or expenses or other obligations owed under any new lease arrangement entered into by the German Purchased Entity, whether to replace the German Lease or otherwise, shall be assumed by Purchaser at the Closing. To the extent Seller is unable to terminate or assign, to a third party or an Affiliate of Seller other than any Purchased Entity, the German Lease prior to the Closing, from and after the Closing, Purchaser (i) shall, and shall cause the German Purchased Entity to, cooperate with Seller and take all actions as may be necessary or advisable, at Seller’s sole cost and expense, to allow the German Lease to be so terminated or assigned or, if such termination or assignment is not reasonably practicable, subleased to a third party or an Affiliate of Seller (including by providing its consent to or executing (or causing its Affiliates, including the German Purchased Entity, to do the same) any documentation with the landlord or any third party with respect thereto), and (ii) shall not, without Seller’s prior written consent, take or cause its Affiliates (including the German Purchased Entity) to take any actions or omit to take any ...
Sample 1
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German Lease. 71 Section 6.25
Sample 1
German Lease. Amcor Australia and Amcor Deutschland shall use their commercially reasonable efforts to enter into the New German Lease as set forth in Section 7.2(a).
Sample 1
German Lease. The Business shall have the legal right to operate as it is currently conducted and conducted as of the Closing Date on the site located at Xxxxxxxxxxxx 0, X-00000, Xxxxxxxx, Xxxxxxx, on terms and conditions substantially similar to the terms and conditions of occupancy set forth in the Lease Agreement, dated December 16, 1987, between LAMELLA Grundstucks-Vermietungsgesellschaft mbH, Dusseldorf, and Xxxxxxxxxx-Lubeca AG, Braunschweig (the "Current German Lease") for a period of at least ten (10) years from the date hereof and an option to purchase the property located at Xxxxxxxxxxxx 0, X-00000, Xxxxxxxx, Xxxxxxx (at the end of the term of such ten (10) year period) at fair market value (the "New German Lease").
Sample 1

Related to German Lease

  • New Lease In the event of the termination of this Lease as a result of Tenant's default prior to the expiration of the term, or in the event of a rejection by Landlord or Tenant of this Lease under Chapter 11 of the Bankruptcy Code, Landlord shall, in addition to providing the notices of default and termination as required by this Lease, provide each Leasehold Mortgagee with written notice that the Lease has been terminated or that Landlord has filed a request with the Bankruptcy Court seeking to reject the Lease, together with a statement of all sums which would at that time be due under this Lease but for such termination or rejection, and of all other defaults, if any, then known to Landlord. Upon any request of the Leasehold Mortgagee, or its designee, Landlord agrees to enter into a new lease ("New Lease") of the Premises with such Leasehold Mortgagee or its designee for the remainder of the term of this Lease, effective as of the date of termination or rejection, as the case may be, at the Rent, and upon the terms, covenants and conditions (including all transfer rights, but excluding requirements which are not applicable or which have already been fulfilled) of this Lease; provided, however, that (i) the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (the "Senior Leasehold Mortgagee") shall have the right to give notice of its intent to enter into a New Lease to the Landlord for a period of 60 days from its receipt of the notice referred to in the first sentence of this Section 18.2.18 and (ii) if the Senior Leasehold Mortgagee does not exercise its right to enter into the New Lease during this 60-day period; the Leasehold Mortgagee whose lien upon the Premises is superior to the lien of any other Leasehold Mortgage (other than the Senior Leasehold Mortgagee) shall have the right to give notice of its intent to enter into a New Lease to the Landlord during the remainder of the period(s) specified below; and provided further, however,

  • 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.

  • The Lease 4.1. By this lease the Landlord lets and the Tenant takes the Premises for the Term at the Rent and subject ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Triple Net Lease Landlord and Tenant acknowledge that, to the extent provided in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Lease. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

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