Lease Arrangements. To the extent any of the STOCKHOLDERS own any interest in any real property which is leased to the COMPANY, and such property is to be used in the COMPANY'S business after the Consummation Date, NEWCO and the applicable STOCKHOLDERS shall either enter into a lease for such premises on such fair market terms and conditions as may be agreed upon by NEWCO and the STOCKHOLDERS or amend the existing lease to reflect the fair market terms and conditions agreed upon by NEWCO and the STOCKHOLDERS (the "Lease Arrangement").
Lease Arrangements. Unless covered by a specific delegated authority the RMA shall not enter into any finance, property or accommodation related lease arrangement – including the extension of an existing lease or the non-exercise of a tenant’s lease break - without the SG’s prior approval. Before entering/ continuing such arrangements the RMA must be able to demonstrate that the lease offers better value for money than purchase and that all options of sharing existing public sector space have been explored. Non- property/ accommodation related operating leases are subject to a specific delegated authority. The RMA must have capital DEL provision for finance leases and other transactions which are in substance borrowing.
Lease Arrangements. (a) Except as set forth in Section 3.21 to the Papyrus Disclosure Schedule there are no lessees ("Master Lessees") who have been granted the right to use, purchase, lease or license goods or services from Papyrus and to provide, resell, sublease or relicense the same to other authorized lessees or third parties. The identity of each Master Lessee and a description of all lessees and third parties to whom such Master Lessee is entitled to provide, resell, sublease or relicense goods and services of Papyrus are set forth in Section 3.21 to the Papyrus Disclosure Schedule. There are no agreements between Papyrus and any Master Lessee other than those in writing that are set forth in Section 3.21 to the Papyrus Disclosure Schedule. (b) Except as set forth in Section 3.10 to the Papyrus Disclosure Schedule, there are no licensees who have been granted the right to use, purchase, lease or license the Intellectual Property from Papyrus and to provide, resell, sublease or relicense the same to authorized sublicensees or other third parties. The identity of each licensee and a description of all sublicensees and third parties to whom such licensee is entitled to provide, resell, sublease or relicense goods and services of Papyrus are set forth in Section 3.10 to the Papyrus Disclosure Schedule.
(c) Papyrus believes that the relationships of Papyrus with its lessees and licensees are satisfactory and that the execution of this Agreement, the consummation of the Merger, and the consummation of the transactions contemplated thereby would not be reasonably likely to have a Material Adverse Effect on the relationships of Papyrus with such lessees and licensees.
(d) Papyrus is not a party to any vendor financing arrangement which (i) requires Papyrus to use such financing for any particular transaction, or (ii) cannot be terminated (without premium or penalty) upon less than one month's notice.
Lease Arrangements. Unless covered by a specific delegated authority VS shall not enter into any finance, property or accommodation-related lease arrangement – including the extension of an existing lease or the non-exercise of a tenant’s lease break - without the SG’s prior approval. Before entering / continuing such arrangements VS must be able to demonstrate that the lease offers better value for money than purchase and that all options of sharing existing public sector space have been explored. Non-property / accommodation related operating leases are subject to a specific delegated authority. The NDPB must have capital DEL provision for finance leases and other transactions which are in substance borrowing.
Lease Arrangements. Pursuant to the Previous Finance Lease Agreements, CRCC Leasing agreed to lease the Leased Assets A, the Leased Assets B and the Leased Assets C to the Lessees A, the Lessees B and the Lessees C respectively for a term of 8 years. The commencement date(s) of each of the finance lease periods shall be notified by CRCC Leasing in writing.
Lease Arrangements. (a) Except as set forth in Section 3.21 to the Target Disclosure ------------------------------------- Schedule there are no lessees ("Master Lessees") who have been granted the right -------- to use, purchase, lease or license goods or services from Target and to provide, resell, sublease or relicense the same to other authorized lessees or third parties. The identity of each Master Lessee and a description of all lessees and third parties to whom such Master Lessee is entitled to provide, resell, sublease or relicense goods and services of Target are set forth in Section 3.21 ------------ to the Target Disclosure Schedule. There are no agreements between Target and --------------------------------- any Master Lessee other than those in writing that are set forth in Section 3.21 ------------ to the Target Disclosure Schedule. ---------------------------------
(b) Except as set forth in Section 3.10 to the Target Disclosure ------------------------------------- Schedule, there are no licensees who have been granted the right to use, -------- purchase, lease or license the Intellectual Property from Target and to provide, resell, sublease or relicense the same to authorized sublicensees or other third parties. The identity of each licensee and a description of all sublicensees and third parties to whom such licensee is entitled to provide, resell, sublease or relicense goods and services of Target are set forth in Section 3.10 to the ------------------- Target Disclosure Schedule. --------------------------
(c) Target believes that the relationships of Target with its lessees and licensees are satisfactory and that the execution of this Agreement, the consummation of the Merger, and the
(d) Target is not a party to any vendor financing arrangement which (i) requires Target to use such financing for any particular transaction, or (ii) cannot be terminated (without premium or penalty) upon less than one month's notice.
Lease Arrangements. As part of the redevelopment project for Xxxxxxx Xxxx, the lease arrangements between BCC and BMT will be restructured. The following arrangements are proposed:
Lease Arrangements. Seller shall lease, demise and let unto Buyer a portion of Building 222 pursuant to a lease in the form attached hereto as Exhibit C-1 (the "222 Lease Agreement") and a portion of Building 241 pursuant to a lease in the form attached hereto as Exhibit C-2 (the "241 Lease Agreement").
Lease Arrangements. Unless covered by a specific delegated authority the Commission shall not enter into any finance, property or accommodation related lease arrangement – including the extension of an existing lease or the non-exercise of a tenant’s lease break - without the Scottish Government’s prior approval. Before entering/ continuing such arrangements the Commission must be able to demonstrate that the lease offers better value for money than purchase and that all options of sharing existing public sector space have been explored. Non-property/ accommodation related operating leases are subject to a specific delegated authority. The Commission must have capital DEL provision for finance leases and other transactions which are in substance borrowing.
Lease Arrangements. On the Closing Date, the Seller and Buyer shall enter into a lease agreement in substantially the form included as Exhibit B hereto (the "Lease Agreement"), pursuant to which Buyer shall lease for the period from the Closing Date through November 30, 1996 that space of approximately 2,083 square feet located in 80 West Street, Rutland, Vermont currently occupixx xx xxx xxxxx xxxxxxxxxx xx XXX, at a per annum rate of Eight and 00/100 Dollars ($8.00) per square foot.
