Common use of Leased and Owned Premises Clause in Contracts

Leased and Owned Premises. (i) With respect to each of the Leased Premises, the Corporation or Subsidiary, as applicable, occupies the Leased Premises and has the exclusive right to occupy and use the Leased Premises and each of the leases pursuant to which the Corporation or the Subsidiaries occupies the Leased Premises is in good standing and in full force and effect. The completion of the transactions described herein by the Corporation will not afford any of the parties to such leases or any other person the right to terminate such lease or result in any additional or more onerous obligations under such leases.

Appears in 4 contracts

Samples: Underwriting Agreement (Banro Corp), Underwriting Agreement (Banro Corp), Underwriting Agreement (Banro Corp)

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Leased and Owned Premises. (i) With respect to each of the Leased Premises, the Corporation Company or Subsidiary, as applicable, occupies the Leased Premises and has the exclusive right to occupy and use the Leased Premises and each of the leases pursuant to which the Corporation Company or the Subsidiaries occupies the Leased Premises is in good standing and in full force and effect. The completion of the transactions described herein by the Corporation Company will not afford any of the parties to such leases or any other person the right to terminate such lease or result in any additional or more onerous obligations under such leases.

Appears in 1 contract

Samples: Agency Agreement (Banro Corp)

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Leased and Owned Premises. (i) With respect to each of the Leased Premises, the Corporation Issuer or Subsidiary, as applicable, occupies the Leased Premises and has the exclusive right to occupy and use the Leased Premises and each of the leases pursuant to which the Corporation Issuer or the Subsidiaries occupies the Leased Premises is in good standing and in full force and effect. The completion of the transactions described herein by the Corporation Issuer will not afford any of the parties to such leases or any other person the right to terminate such lease or result in any additional or more onerous obligations under such leases.

Appears in 1 contract

Samples: Underwriting Agreement (Banro Corp)

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