LEASE-BACK AGREEMENT Sample Clauses

LEASE-BACK AGREEMENT. Prior to Closing, Purchaser and Seller shall sign a lease back agreement, to be held in escrow until the Closing occurs, in which Purchaser leases the Property back to the Seller for a term to expire no later than August 31, 2010 (the “Lease Back Agreement”). The exact terms of the Lease Back Agreement will be agreed in good-faith by Purchaser and Seller during the Inspection Period, but shall be consistent with the terms contained in Exhibit G attached hereto and made a part hereof. The date on which the Lease Back Agreement expires or earlier terminates is referred to herein as the “Lease Back Termination Date”.
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LEASE-BACK AGREEMENT. A Lease Back Agreement as set forth in Section 6.6 hereof, executed by Seller, as tenant, therein leasing the Property from Purchaser.
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LEASE-BACK AGREEMENT. The Lease Back Agreement, executed by Purchaser, as landlord.
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LEASE-BACK AGREEMENT. During the Contingency Period, Seller and Buyer shall negotiate in good faith towards a commercially reasonable lease on terms and conditions mutually acceptable to both parties (the “Lease”) in which Seller will lease from Buyer (i) approximately 46,800 square feet on the ground floor of the 40000 Xxxxxxx Xxxxxxxxx building (the “Seller Lease Back Space”) and (ii) approximately 8,000 square feet on the second floor of the 40000 Xxxxxxx Xxxxxxxxx building (the “SIS Space”) . The Lease will be a triple net lease, the term of which shall be for a period of six (6) months with respect to the Seller Lease Back Space and a period of one (1) month with respect to the SIS Space, commencing immediately upon the close of escrow. Base rent will be $0.80 per square foot, and Seller, as tenant, shall be responsible for its pro-rata share of operating expenses (including a management fee not to exceed 3% of the base rent). The Lease will be in the standard current AIREA form for multi-tenant, net commercial leases, attached hereto as Exhibit F, with no changes to the attached form except as Buyer and Seller may mutually agree.
Sample 1
LEASE-BACK AGREEMENT. (a) The Lease-Back Negotiation Period is hereby amended to end at 12:00 noon on November 21, 2001. Seller hereby designates and Buyer hereby acknowledges that Verizon Realty Corp. shall be the tenant under the Lease-Back Agreement, and that if Verizon Realty Corp. is the tenant under the Lease-Back Agreement, no Guaranty shall be required. Notwithstanding anything in the Agreement or this Second Amendment to the contrary, if the form of the Lease-Back Agreement and the Guaranty (if applicable) are not finalized and the final forms thereof approved in writing by both parties prior to the expiration of the Lease-Back Negotiation Period as hereby extended, then Buyer shall be entitled to terminate the Agreement at or prior to the expiration of the Lease-Back Negotiation Period as hereby extended, in which event the Deposit shall be returned to Buyer and the parties shall have no further liability hereunder or under the Agreement, except as otherwise expressly provided in the Agreement.
Sample 1
LEASE-BACK AGREEMENT. Subject to the following terms and conditions, Seller or its designated affiliate ("SELLER'S AFFILIATE"), as tenant, and Buyer, as landlord, will enter into an agreement (the "LEASE-BACK AGREEMENT") for the leasing of the following premises in the Building: (i) "SPACE A," which is located on the 2nd floor north, the 1st floor northwest and the cellar and is stipulated and agreed to comprise 41,810 square feet of rentable area, as outlined on the floor plan attached hereto as EXHIBIT A-1; and (ii) "SPACE B," which is located on the 5th floor north and is stipulated and agreed to comprise 21,081 square feet of rentable area, as outlined on the floor plan attached hereto as EXHIBIT A-2. The Lease Back Agreement shall be in form and substance mutually satisfactory to Seller or Seller's Affiliate and Buyer and shall contain the terms and provisions set forth in EXHIBIT O attached hereto, together with such other terms and conditions as Seller or Seller's Affiliate and Buyer may agree. Verizon Capital will guaranty the obligations of Seller or Seller's Affiliate as tenant under the Lease-Back Agreement, unless Seller's Affiliate is Verizon Realty, in which event Buyer will accept the credit of Verizon Realty as the tenant under the Lease-Back Agreement without the need for a guaranty, security deposit or any other form of financial support agreement. The Lease-Back Agreement guaranty to be executed by Verizon Capital (the "GUARANTY"), if required hereunder, shall be in form and substance mutually satisfactory to Verizon Capital, Seller or Seller's Affiliate, and Buyer. The Lease-Back Agreement will provide that Seller or Seller's Affiliate may freely assign its interest as the tenant under the Lease-Back Agreement to any affiliate, so long as Verizon Capital under the Guaranty or Verizon Realty under the Lease-Back Agreement, as applicable, is not released from liability thereunder and Verizon Capital, if it has given the Guaranty, executes and delivers a reaffirmation of the Guaranty in form and substance mutually satisfactory to Verizon Capital and Buyer in connection with any such assignment. Seller, Seller's Affiliate (if any) and Buyer hereby agree to use good faith efforts to negotiate and agree upon the terms of the Lease Back Agreement, and Seller or Seller's Affiliate, Verizon Capital and Buyer will use good faith efforts to negotiate and agree upon the terms of the Guaranty (if any). The Lease Back Agreement shall be executed by Buyer and Seller or Sel...
Sample 1
LEASE-BACK AGREEMENT. Prior to the expiration of the feasibility period, Buyer agrees to enter into a lease agreement (the "Leases") with the Sellers for the buildings. The term of the Leases shall be A. 1345 Crosxxxx - Xrom close of escrow to December 31, 2000; B. 1330 Geneva - From close of escrow to June 30, 2002; C. 1347 Crosxxxx - Xrom close of escrow to June 30, 2001; D. 1350 Geneva - From close of escrow to June 30, 2002. Rent for the leases shall be $1.15/SF/Mo. All operating expenses associated with the property including but not limited to Real Estate taxes, landscape, parking lot maintenance, janitorial, general building maintenance and insurance will be paid for or performed by Sellers. The lease agreement(s) will be based upon the lease attached as Exhibit "B". Seller and Purchaser will agree on the particulars of the lease within five (5) business days of the Effective Date.
Sample 1
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Related to LEASE-BACK AGREEMENT

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • FIRST AMENDMENT TO LEASE This First Amendment to Lease (this “Amendment”), made as of March 16, 2006, by and between ARE-MA REGION NO. 28, LLC, a Delaware limited liability company (“Landlord”) and ALNYLAM PHARMACEUTICALS, INC., a Delaware corporation (“Tenant”).

  • Lease Amendment Upon request by Landlord or Tenant made on or following the Renewal Term Commencement Date, the requested party will execute, acknowledge and deliver to the requesting party an amendment to this Lease setting forth the Renewal Term Commencement Date, Fixed Rent for the Renewal Term, and the Renewal Term Expiration Date. The failure of either party to execute and deliver such an amendment shall not affect the rights of the parties under this Lease.

  • Agreement to Lease Lessor hereby agrees to lease the Aircraft to Lessee, and Lessee hereby agrees to lease the Aircraft from Lessor, on the terms and subject to the conditions set forth in this Lease.

  • Holdback Agreement (a) If (x) the Corporation shall file a Registration Statement (other than a registration statement (i) on Form S-8 or any successor form thereto, (ii) filed solely in connection with a dividend reinvestment plan or employee benefit plan covering officers or directors of the Corporation or its Affiliates or (iii) on Form S-4 or any successor form thereto, in connection with a merger, acquisition, exchange offer or similar corporate transaction) with respect to an underwritten offering of Shares or similar securities or securities convertible into, or exchangeable or exercisable for, such securities and (y) with reasonable prior notice, the managing underwriter or underwriters advise the Corporation in writing (in which case the Corporation shall notify the Holders with a copy of such underwriter’s notice) that a public sale or distribution of Registrable Shares would materially adversely affect such offering, then, each Holder shall, to the extent not inconsistent with applicable law and unless such managing underwriter or underwriters otherwise agree, refrain from, directly or indirectly, effecting any public sale, distribution or short sale of any Registrable Shares (except as part of such underwritten offering) during the period beginning ten days prior to the effective date of such Registration Statement and continuing until the earliest of (A) the abandonment of such offering, (B) such period of time as is sufficient and appropriate in the opinion of the managing underwriter or underwriters in order to complete the sale and distribution of securities included in such registration (but in no event in excess of 90 days following the effective date of any offering) and (C) the termination in whole or in part of any “hold back” period obtained by the underwriter or underwriters in such offering from the Corporation in connection therewith (each such period, a “Hold Back Period”); provided, that the Holders shall not be subject to the restrictions contained in this Section 4(a) unless each officer and director of the Corporation (regardless of the number of Shares then owned by such officer or director) and each beneficial owner (as defined in Rule 13d-3 under the Exchange Act) of at least 5% of the issued and outstanding shares of Common Stock also agree to be bound by such restrictions.

  • Hold-Back Agreements The Company agrees that it will not effect any public or private sale or distribution (including a sale pursuant to Regulation D under the Securities Act) of any securities the same as or similar to those covered by a Registration Statement filed pursuant to Section 2 or 3 hereof (other than Additional Notes (as defined in the Indenture) issued under the Indenture), or any securities convertible into or exchangeable or exercisable for such securities, during the 10 days prior to, and during the 90-day period beginning on, the effective date of any Registration Statement filed pursuant to Sections 2 and 3 hereof unless the Holders of a majority in the aggregate principal amount of the Registrable Notes to be included in such Registration Statement consent, if the managing underwriter thereof so requests in writing.

  • Sublease Agreement Sublandlord and Subtenant hereby represent that a true and complete copy of the Sublease Agreement is attached hereto and made a part hereof as Exhibit A.

  • Supplemental Lease Agreement No 7, dated May 5, 2000, by and between Hub Realty Funding, Inc. (“Owner/Lessor”) and the United States of America (“Government/Lessee”).

  • Amendment to Lease If Tenant timely exercises Tenant’s right to lease the Availability Premises or any portion thereof as set forth herein, then, within fifteen (15) days thereafter, Landlord and Tenant shall execute an amendment adding such Availability Premises to this Lease upon the same terms and conditions as the Initial Premises, except as otherwise set forth in this Section 1.4 or the Availability Notice, and provided that the terms of the Tenant Work Letter shall not apply with respect to the Availability Premises (except as otherwise provided in Section 1.4.5, above); provided, however, an otherwise valid exercise of Tenant’s right of availability shall be of full force and effect irrespective of whether such amendment is ever signed by Landlord and Tenant. Except to the extent inconsistent with the determination of Availability Premises Rent, all provisions of the Lease which vary based upon the rentable and usable square footage of the Premises shall be adjusted to reflect the addition of such Availability Premises to the Premises; provided, however, the L-C Amount shall be increased pursuant to the terms of Section 21.7 of this Lease, below. The rentable square footage of such Availability Premises shall be determined in accordance with the terms of Section 1.2 of this Lease. To the extent Tenant exercises its right of first offer with respect to any portion of the Availability Premises during the first (1st) year after the Lease Commencement Date, Tenant shall commence payment of Availability Premises Rent and Excess as to such space to Landlord upon that date (the “Availability Premises Rent Commencement Date”) which is two hundred ten (210) days after the later of the delivery date set forth in the Availability Notice and the date Landlord delivers the Availability Premises in the Delivery Condition (the “Availability Premises Lease Commencement Date”). To the extent Tenant exercises its right of availability with respect to any portion of the Availability Premises anytime after the first (1st) anniversary of the Lease Commencement Date, the Availability Premises Rent Commencement Date shall occur one hundred eighty (180) days after the Availability Premises Lease Commencement Date. In all cases, the lease term of the Availability Premises (or any portion thereof) shall expire on the Lease Expiration Date, subject to extension of this Lease; provided, however, in the event the remaining Lease Term is less than thirty-six (36) months from the applicable Availability Premises Rent Commencement Date, then the Lease Term shall be extended for a period of time sufficient for Tenant’s lease of the Premises to be coterminous with Tenant’s lease of the Availability Premises (which shall be thirty-six (36) months from the applicable Availability Premises Rent Commencement Date), and the base rental rate for the Premises during this extended period shall be adjusted to Market Rent for the Premises determined in accordance with Section 2.2.4 and the Base Year shall be the year in which the Lease would have otherwise expired (if on or before July 31) or the following year (if after July 31). This extension shall have no impact on Tenant’s extension rights hereunder, which may be exercised at the end of the extended Lease Term. This Lease shall commence as to the Availability Premises (and references to Premises shall include the applicable Availability Premises) on the Availability Premises Lease Commencement Date.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

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