Leasehold Rights. You agree at our election:
(a) to assign your leasehold interest in the Premises to us; or
(b) to enter into a sublease for the remainder of the Lease term on the same terms (including renewal options) as the Lease.
Leasehold Rights. Movements of the leasehold rights as at September 30, 2019 and December 31, 2018 were as follows : Consolidated / Separate Financial Statements As at September 30, 2019 As at December 31, 2018 Beginning balance 902,549 757,344 Add Increase 195,200 145,205 Ending balance 1,097,749 902,549 Consolidated / Separate Financial Statements As at September 30, 2019 As at December 31, 2018 Leasehold rights consist of ; Expense under contracts 539,375 494,900 Construction in process 558,374 407,649 1,097,749 902,549 Consolidated / Separate Financial Statements As at September 30, 2019 As at December 31, 2018 Finance costs capitalized construction in process 26,413 23,059 Leasehold rights arise from the Company entered into the lease agreements with third parties for developing and constructing projects of residential and hotel (see Note 17.2).
Leasehold Rights. All of Seller’s interests in the leases for the Real Property described on the attached Exhibit “C” (the “Leases”), including all amendments and modifications to the Leases and all guaranties ensuring performance of the obligations under the Leases, together with all prepaid rent, damage, escrow and security deposits under the Leases (collectively, the “Leasehold Rights”).
Leasehold Rights. Purchaser's leasehold rights for each such leased terminal shall include all structures, improvements and fixtures, rights of way, uses, licenses, easements, hereditaments, tenements and appurtenances. At the termination of each such lease, Purchaser shall be permitted to remove all personal property attached to or located in any such terminal which are part of the Assets purchased under this Agreement.
Leasehold Rights. Seller’s interest as landlord in all office building leases (if any), and all amendments and modifications thereto, covering leased space within the Project as set forth in Exhibit B and made a part hereof, (“Leases”) and all guarantees insuring performance of those lease obligations, together with all prepaid rent, damage, escrow and security deposits paid by tenants of the Project as of Close of Escrow (as defined in Section 6.1.2) (collectively, “Leasehold Rights”); and
Leasehold Rights. 21.1.1 For such period as the Sublease Agreement is continuing and in full force and effect and no Concessionaire Event of Default has occurred under the Concession Agreement and/or the Sublease Agreement, respectively, the Authority agrees to extend Gateway’s rights in the Site to include a leasehold interest for the sole purpose of allowing Gateway to enter into this Sublease Agreement. The Authority and Gateway hereby acknowledge and agree that upon the expiration or earlier termination of the Sublease Agreement, Gateway’s leasehold interest in the Site shall automatically be terminated without the need for further action or documentation by any party (but for the avoidance of doubt, Gateway’s rights in the Site under the Concession Agreement are not terminated by any expiration or earlier termination of the Sublease). In addition, upon any termination of the Concession Agreement, Gateway’s rights and interest in the Site shall automatically terminate without the need for further action or documentation by any party and Gateway shall immediately quit and peacefully surrender the Site and Port Facilities to the Authority under the terms set forth in Sections 15.6 and 15.7 of the Concession Agreement. In the event Gateway’s rights or interest in the Project terminate and Gateway fails to immediately quit and surrender the Site and Port Facilities as required hereunder, the Authority shall have all rights and remedies under the Concession Agreement and the Sublease Agreement, at law or in equity; provided that NEO’s rights shall continue as set forth in Sections 21.1.6, 21.2 and 21.3 below. Notwithstanding the foregoing, upon any such termination of Gateway’s rights or interest, the rights of Gateway shall revert to those set forth in the Concession Agreement.
21.1.2 By virtue of all powers delegated to the Authority, including without limitation the Quitclaim Deed dated February 24, 2020 from the State of Connecticut, Department of Transportation recorded at Volume 2336, Page 6 in the New London City Clerk’s Office, the Authority hereby confirms its authority to provide the lease and sublease expressly provided in this Article 21 above and the Authority hereby joins in this Sublease Agreement and expressly confirms, that the Authority hereby leases to Gateway, for the purposes of the Authority effectuating this Sublease Agreement and the Authority being bound by the sublease by Gateway to NEO hereunder, of the Site (and all easements, entitlements and app...
Leasehold Rights. Movements of the leasehold rights for the years ended December 31, 2020 and 2019 were as follows : In Thousand Baht Consolidated / Separate Financial Statements Net book value as at December 31, 2019 1,375,505 Net book value as at January 1, 2020 1,262,582 Add Increase 297,300 Net book value as at December 31, 2020 1,559,882 Consolidated / Separate Financial Statements As at December 31, 2020 As at December 31, 2019 Leasehold rights consist of : Expense under contracts 469,718 554,190 Construction in process 1,090,164 821,315 Total 1,559,882 1,375,505 Consolidated / Separate Financial Statements As at December 31, 2020 As at December 31, 2019 Depreciation and interest expense capitalized expense under contracts 18,553 25,568 Finance costs capitalized construction in process 69,453 39,472 Leasehold rights arise from the Company entered into the lease agreements with third parties for developing and constructing projects of residential.
Leasehold Rights. For the purpose of this Agreement, the Developer shall have rights to the use of the Project Site as sole lessee subject to and in accordance with this Agreement and Lease Agreement, and to this end, it may regulate the entry and use of the Project Site by third parties in accordance with and subject to the provisions of this Agreement.
Leasehold Rights. All of Seller's interest in the Leases described on the attached Exhibit "D" ("Leases"), and any other leasehold rights existing for the Property and all amendments and modifications to the Leases for the Real Property and all guaranties ensuring performance of the obligations under the Leases, together with all prepaid rent, damage, escrow and security deposits paid by the lessees under the Leases as of Close of Escrow (collectively, the "Leasehold Rights"). The Real Property, Personal Property, Permits, Warranties, and Intangibles and Leasehold Rights are collectively referred to in this Agreement as the "Property".
Leasehold Rights. Franchisee will cause any Owner or Affiliate to assign the Lease to Franchisor (subject to landlord’s consent). If the Approved Site is leased from a landlord other than an Owner or Affiliate, on Franchisor's request, Franchisee will assign the Lease to Franchisor or enter into a sublease with Franchisor for the remainder of the Lease term on the same terms (including renewal options) as the Lease (subject to landlord’s consent). Franchisor acknowledges that this obligation may be subject to approval or consent by any third-party landlord. Franchisee will exert its best efforts to secure any required consent from any third-party landlord to cause the Lease to be assigned or a sublease granted to Franchisor.
