Lease Arrangements Sample Clauses

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. 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. (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. 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. 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 8▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ currently occupied by the trust department of GMB, at a per annum rate of Eight and 00/100 Dollars ($8.00) per square foot.

Lease Arrangements. NEWCO and the STOCKHOLDERS shall either enter into a lease for the premises located at 7915 ▇. ▇▇▇▇. ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ a five (5) year term at $80,000 per year (triple net), which the parties understand is fair market rental value for such premises, and such other fair market terms and conditions as agreed upon by NEWCO and the STOCKHOLDERS (collectively, the "Agreed Terms") or amend the existing lease for such premises to reflect such Agreed Terms (the "Lease Arrangement").

Lease Arrangements. As part of the redevelopment project for ▇▇▇▇▇▇▇ ▇▇▇▇, the lease arrangements between BCC and BMT will be restructured. The following arrangements are proposed:

Lease Arrangements. 55 8. CONDITIONS PRECEDENT TO OBLIGATIONS OF THE STOCKHOLDERS AND THE COMPANY.............................................................................. 56 8.1 Representations and Warranties; Performance of Obligations....................................... 56 8.2 Satisfaction..................................................................................... 56 8.3

Lease Arrangements. As set forth in the Transition Services Agreement, Buyer will pay Seller the fixed amount for both the office and warehouse space to be utilized by the Business.