German Lease Sample Clauses

German Lease. 71 Section 6.25
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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 ▇▇▇▇▇▇▇▇▇▇▇▇ ▇, ▇-▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, 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 ▇▇▇▇▇▇▇▇▇▇-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 ▇▇▇▇▇▇▇▇▇▇▇▇ ▇, ▇-▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ (at the end of the term of such ten (10) year period) at fair market value (the "New German Lease").
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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).
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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 ...
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Related to German 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.

  • Original Lease The single executed original of this Lease marked "THIS COUNTERPART IS THE ORIGINAL EXECUTED COUNTERPART" on the signature page thereof and containing the receipt of the Lessor therefor on or following the signature page thereof shall be the Original Executed Counterpart of this Lease (the "Original Executed Counterpart"). To the extent that this Lease constitutes chattel paper, as such term is defined in the Uniform Commercial Code as in effect in any applicable jurisdiction, no security interest in this Lease may be created through the transfer or possession of any counterpart other than the Original Executed Counterpart.

  • 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.

  • Fixed Lease If this is a fixed lease, provide the start and end date for the lease term. 9.

  • Initial Lease Term The Initial Lease Term is for a minimum of ten (10) years; however, the State will consider a longer lease term if economic benefits are deemed to be in the State’s best interest. Please propose a fixed, or flat, rental rate for a Gross Lease: including all expenses – taxes, insurance, janitorial services, maintenance, etc. The State may elect to pay for utilities separately so please include a cost per square foot to reduce the rental rate if such occurs.