Interim Lease. If Purchaser or its designee has not obtained the necessary licenses, certificates, permits and approvals to operate the Facility on and after the Closing Date, then Existing Operator shall execute and deliver to Escrow Agent two (2) original copies of the Interim Lease;
Interim Lease. Landlord shall lease the Interim Leased Premises to Tenant for the Interim Lease Term.
Interim Lease. Seller and Buyer shall enter into the Interim ------------- Lease, in form and substance reasonably satisfactory to the parties hereto with respect to the real property, more fully described on Attachment 1 hereto, owned by Seller and used in connection with the operation of the Business. The Interim Lease will provide for the lease by the Buyer of such property for which Buyer will pay Seller's carrying costs with respect to such property until the property is conveyed to Buyer in accordance with the terms of this Agreement.
Interim Lease. Seller and Purchaser shall have executed and delivered a lease of the Premises for a period of 90 days following the Closing Date on terms and conditions mutually satisfactory to both parties in the form attached hereto as Schedule 6.5.
Interim Lease. That certain Lease of even date between the Seller and the Buyer (the "Interim Lease"), duly executed by the Seller.
Interim Lease. The Interim Lease, duly executed by the Buyer.
Interim Lease. Until the earlier to occur of (i) the date upon which the matters set forth in Section 6.6(a) have been resolved and (ii) the first anniversary of the Effective Date, Sellers shall lease the Owned Real Property to Purchaser in the amount of $2,800.00 per month.
Interim Lease. It may not be possible to complete the foregoing license and permit transfers or issuances before the Closing and some or all of the licenses and permits may not be capable of transfer. However, the transfer and/or issuance of such licenses, permits, certificates and/or approvals (and/or any other licenses, permits, certificates and/or approvals) shall not be a condition precedent to Purchaser's obligations under this Agreement, nor to the Closing and Purchaser shall remain fully obligated to perform all of its obligations hereunder and to Close the Escrow even if such licenses, permits, certificates and approvals have not been transferred or issued to Purchaser before Closing for any reason whatsoever, including Purchaser's inability to qualify for the transfer or issuance of any such licenses or permits. To the extent that the necessary licenses and permits are not obtained by transfer by Closing, for a period of one hundred eighty (180) days after the Closing Date, Seller and Purchaser shall operate the property pursuant to an Interim Lease (the "Interim Lease"), and an interim property management agreement (the "Interim Management Agreement") in the form and content approved by the parties during the Due Diligence Review Period. The parties shall execute the Interim Lease and Interim Management Agreement not later than the Closing. The Interim Lease and Interim Management Agreement shall terminate upon the earlier of one hundred eighty (180) days after the Closing or issuance by the appropriate governmental agency of the appropriate license(s) and permit(s). The Interim Lease will be entered into solely for the purpose of maintaining Seller's licenses for the Property for the term of the Interim Lease. During the term of the Interim Lease, Purchaser shall indemnify Seller as provided in Section 19.8 of this Agreement, and shall use its reasonable best and diligent efforts to apply for and obtain a new operating license.
Interim Lease. To cover the lease amount payable for the period between the delivery of any new Equipment pursuant to an Agreement Confirmation and the next scheduled Payment Date, you will be charged an Interim Lease Payment calculated on a daily pro rata basis. If an Interim Lease Payment is payable, it is due when the Agreement Confirmation is received. The Interim Lease Payment (if any) once calculated by us, will be shown on the Agreement Confirmation.
Interim Lease. To cover the lease amount payable for the period between the delivery of any new Equipment pursuant to an Agreement Confirmation and the next scheduled Payment Date, you will becharged an Interim Lease Payment calculated on a daily pro rata basis. If an Interim Lease Payment is payable, it is due when the Agreement Confirmation is received. The Interim Lease Payment (if any) once calculated by us, will be shown on the Agreement Confirmation.
a) You assume and bear the risk of loss or damage to the Equipment. If the Equipment is lost or damaged you agree to replace or repair the Equipment at your cost, and to continue to pay Lease Payments in accordance with clause 6.
b) You agree to indemnify us for any loss or damage to the Equipment.
