Lease of Designated Area Sample Clauses

Lease of Designated Area. In consideration for Lessor's agreement to install and maintain the Equipment, Lessee hereby leases to Lessor, at no cost to Lessor, the location on the Premises identified and described on Schedule 3.1 hereto (the "Designated Area"). Lessor shall place the Equipment in the Designated Area and shall use and occupy the Designated Area for the purpose of installing and maintaining the Equipment in order to supply Equipment Energy as provided in this Agreement, along with such other ancillary activities as may be reasonably related thereto. The parties may, by mutual agreement, change the Designated Area pursuant to a written agreement providing for the amendment and restatement of Schedule 3.1. The term of this Lease shall be equal to the Lease Term.
Sample 1
AutoNDA by SimpleDocs
Lease of Designated Area. Customer hereby leases (“Lease”) to Northstar that portion of the Premises as set forth in Exhibit “F” attached hereto (“Designated Area”). Northstar shall place the Equipment in the Designated Area and shall use and occupy the Designated Area for the purpose of installing, operating, and maintaining the Equipment in order to supply Electrical Energy and Thermal Energy as provided herein, along with such other ancillary activities as may be reasonably related thereto. Customer shall maintain the Designated Area and shall pay all utilities, taxes, and bills attributable thereto. The term of the Lease shall be coterminous with the Term of this Agreement. Concurrently with the execution of this Agreement, Customer shall execute and deliver to Northstar, in recordable form, the Memorandum of Lease and Easement attached hereto as Exhibit “G.”
Sample 1

Related to Lease of Designated Area

  • Certificate of Designation The Certificate of Designation shall have been duly filed with the Secretary of State of the State of Delaware.

  • Certificate of Designations The Certificate of Designations shall have been filed with the Secretary of State of the State of Delaware.

  • Effect of Designation (i) If notice designating an Early Termination Date is given under Section 6(a) or (b), the Early Termination Date will occur on the date so designated, whether or not the relevant Event of Default or Termination Event is then continuing.

  • Unwinding of Designated Transactions On or prior to any repayment or prepayment of the Loan under this Clause 8 or any other provision of this Agreement, the Borrower shall wholly or partially reverse, offset, unwind or otherwise terminate one or more of the continuing Designated Transactions to the extent necessary to ensure that the notional principal amount of the continuing Designated Transactions thereafter remaining does not and will not in the future (taking into account the scheduled amortisation) exceed the amount of the Loan as reducing from time to time thereafter pursuant to Clause 8.1.

  • Preferred Share Provisions Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.

  • Method of Determination A determination (if required by applicable law) with respect to Indemnitee’s entitlement to indemnification shall be made as follows:

  • Filing of Certificate of Designation The Certificate of Designation shall have been filed with the Secretary of State of the State of Delaware.

  • Accuracy of Descriptions and Exhibits The information in the Prospectus under the captions “Description of Healthcare Trust of America, Inc. Capital Stock,” “Material U.S. Federal Income Tax Considerations” and “Certain Provisions of Maryland Law and of the Healthcare Trust of America, Inc. Charter and Bylaws” and the information in the Registration Statement under Item 15, in each case to the extent that it constitutes matters of law, summaries of legal matters, summaries of provisions of the Company’s charter or bylaws or other instruments or agreements, summaries of legal proceedings, or legal conclusions, is correct in all material respects; all descriptions in the Registration Statement and the Prospectus of the charter, bylaws, certificate of formation, operating agreement or partnership agreement or similar organizational governing documents of the Company, Operating Partnership or the Subsidiaries are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments, agreements or documents required to be described or referred to in the Registration Statement or the Prospectus or to be filed as exhibits to the Registration Statement which have not been so described and filed as required.

  • Conversion Rights The Holder shall have the right to convert the principal amount and interest due under this Note into Shares of the Borrower's Common Stock as set forth below.

Time is Money Join Law Insider Premium to draft better contracts faster.