Lease Obligation. All of Seller's right, title and interest in and under the lease identified on and attached hereto as Schedule 1.2(e) (the "Lease"). Buyer shall assume all obligations of Seller under the Lease except that Buyer shall not be responsible for any rent due under the lease prior to the Closing Date. Buyer shall be responsible for any costs associated with the termination of such lease, or associated with any sublease of the space.
Lease Obligation. Except as specified on Attachment 4.16, without Bankers’ prior written consent, which shall not be unreasonably withheld by Bankers’, neither Borrower, Citizens nor Farmers will enter into any arrangements with any person involving the leasing by one or either of them of any real or personal property or interest therein which requires payment with respect to Borrower in excess of Five Hundred Thousand ($500,000), in the aggregate, or with respect to either Citizens or Farmers in excess of One Hundred Thousand ($100,000) Dollars in aggregate in any calendar year.
Lease Obligation. The Authority leases the premises used by the Authority. The lease for 18,223 sq. ft. at $30 per sq. ft, is for one year and is payable monthly in advance. Rental payments under operating leases are charged to the income statement in equal installments over the period of the lease.
Lease Obligation. That certain lease between Employer and Employee dated September 22, 2022, for premises located at 00000 Xxxxxxxxx Xxxxxx, Yucca Valley, Ca 92284 shall be terminated as of the day following the Effective Date with no further obligation by Employer to Employee for insurance or other obligations associated with the premises demised under said lease. Said premises shall revert to Employee in good and reasonable condition. Any ratable lease payment due at the Effective Date shall be paid.
Lease Obligation. The Authority leases the premises used by the Authority; 27,733 sq. ft. at $28-$30 per sq. ft, is for 21 months (to March 2011) and is payable monthly in advance, and 1600 sq. ft for storage. The Authority also has lease agreements, as part of it Disaster Recovery Plan, with Brac Infomatics Centre and The Disaster Recovery.
Lease Obligation. As of November 1, 2017, Target has 51 months remaining in the term of the office lease respecting its current office space and is required to pay the Lease Obligation for the remainder of the term of such office lease.
Lease Obligation. Sellers shall (a) have maintained in effect all Leases, including Subject Leases, to permit the continued right of occupancy of Sellers with respect to the Leased Real Properties and, as applicable, the Subject Properties through the Closing Date, and (b) have delivered to Buyer documentary evidence satisfactory to Buyer reasonably evidencing that Sellers have satisfied the Subject Property Obligation.
Lease Obligation. No Borrower shall, nor shall it permit or suffer ---------------- any of its Subsidiaries to, create or suffer to exist any obligations for the payment of rent for any property under lease or agreement to lease, except for:
(a) leases of any Borrower and of its Subsidiaries in existence on the Closing Date and any renewal, extension or refinancing thereof;
(b) operating leases entered into by any Borrower or any of its Subsidiaries after the Closing Date in the ordinary course of business;
(c) capital leases other than those permitted under clause (a) of this Section, entered into by any Borrower or any of its Subsidiaries after the Closing Date to finance the acquisition of equipment; provided that the -------- aggregate annual rental payments for all such capital leases shall not exceed in any fiscal year $5,000,000.
Lease Obligation. Upon termination of this Agreement in accordance with clause 7.01 or clause 7.02, the Investor shall assume its pro rata proportion of any unexpired lease term of the Advisor’s business offices.
Lease Obligation. Tenant acknowledges and understands that, by signing this Lease, Tenant is obligated to all the terms and conditions herein including full payment of the Total Rent Due. Once this Lease Agreement is signed by Tenant, Tenant shall be liable for payment of all amounts set forth in the Lease even if Guarantor form or any Exhibit, Addendum or other paperwork is not returned to Management. Tenant further acknowledges and understands that THIS LEASE CAN NOT BE TERMINATED FOR ANY REASON including Tenant changing their mind, roommate conflict, school withdrawal or transfer, business transfer, loss of job, marriage, divorce, loss of any of the residents in the Unit, or for any other reason except as provided by the Serviceman Civil Relief Act. Refer to the Termination section hereunder.
