Leases and Licenses. (a) Prior to execution of any Leases of space in the Improvements after the date hereof, Grantor shall submit to Grantee, for Grantee's prior approval, which approval shall not be unreasonably withheld, a copy of the form Lease Grantor plans to use in leasing space in the Improvements. All Leases of space in the Improvements shall be on terms consistent with the terms for similar leases in the market area of the Real Estate, shall provide for free rent only if the same is consistent with prevailing market conditions and shall provide for market rents then prevailing in the market area of the Real Estate. Grantor shall also submit to Grantee for Grantee's approval, which approval shall not be unreasonably withheld, prior to the execution thereof, any proposed Lease of the Improvements or any portion thereof that differs materially and adversely from the aforementioned form Lease. Grantor shall not execute any Lease for all or a substantial portion of the Property, except for an actual occupancy by the Tenant thereunder, and shall at all times promptly and faithfully perform, or cause to be performed, all of the covenants, conditions and agreements contained in all Leases with respect to the Property, now or hereafter existing, on the part of the landlord, lessor or licensor thereunder to be kept and performed. Grantor shall furnish to Grantee, within ten (10) days after a request by Grantee to do so, but in any event by January 1 of each year, a current Rent Roll certified by Grantor as being true and correct containing the names of all Tenants with respect to the Property, the terms of their respective Leases, the spaces occupied and the rentals or fees payable thereunder and the amount of each tenant's security deposit. Upon the request of Grantee, Grantor shall deliver to Grantee a copy of each such Lease. Grantor shall not do or suffer to be done any act that might result in a default by the landlord, lessor or licensor under any such Lease or allow the Tenant thereunder to withhold payment or rent and, excet as otherwise expressly permitted by the terms of Section 1.12 hereof, shall not further assign any such Lease or any such rents. Grantor, at no cost or expense to Grantee, shall enforce, short of termination, the performance and observance of each and every condition and covenant of each of the parties under such Leases. Grantor shall not, without the prior written consent of Grantee, modify any of the Leases, terminate or accept the surrender of a...
Leases and Licenses. The Borrower shall or shall cause its ------------------- Subsidiaries to perform and carry out, in all material respects, all of the provisions of all of the leases, licenses, permits and any other occupancy agreements relating to real property or real property interests (the "Occupancy --------- Agreements") to be performed by the Borrower or any of its Subsidiaries and ---------- shall appear in and defend any action in which the validity of any of the Occupancy Agreements relating to any real property or real property interests is at issue and shall commence and maintain any action or proceeding necessary to establish or maintain the validity of any of such Occupancy Agreements and to enforce the provisions thereof.
Leases and Licenses. Seller’s right, title and interest in (i) all leases with tenants leasing all or any portion of the Improvements (collectively, the “Leases”), and (ii) to the extent assignable, all license agreements, occupancy agreements, and other similar agreements with licensees using any portion of the Improvements (collectively, the “Licenses”), in each case to the extent the same are in effect as of the Closing Date (as defined in Section 8.1 below), a current true and complete list of which is attached hereto as Schedule 1.4.
Leases and Licenses. 40 5.15 Lease and License Approvals.............................................. 40 5.16 Notices.................................................................. 41 5.17 Additional Material Contracts and Media Licenses......................... 41
Leases and Licenses. All leases, subleases or licenses with respect to real or personal property, whether as lessor, lessee, licensor or licensee, with annual rental or other payments due thereunder in excess of $25,000;
Leases and Licenses. Each lease and each license to which Borrower is a party covering real or personal property, including any lease in which Borrower leases the premises of the Store and any equipment lease for personal property used in the Store, is a valid and binding lease or license, as the case may be, enforceable in accordance with its terms. There is no default by any part under any such lease or license, nor has any event occurred which, with notice or lapse of time, or both, could constitute a default.
Leases and Licenses. Comply in all respects with all terms and provisions of the leases, subleases and licenses pertaining to the premises of the Store, equipment used in the Store and software and other property licensed to Borrower for use in the operation of the Store.
Leases and Licenses. Seller’s right, title, and interest in (i) all leases with tenants leasing all or any portion of the Improvements (“Leases”), and (ii) to the extent assignable, Seller’s right, title, and interest in all license agreements, occupancy agreements, and other similar agreements with licensees using any portion of the Improvements in effect as of the date of Closing (collectively, the “Licenses”), in each case to the extent the same are in effect as of the Closing Date, a current list of which is attached hereto as Schedule 1.4. A current Rent Roll is attached as Exhibit B.
Leases and Licenses. The “Leases and Licenses” means the leases and licenses affecting the Property, more particularly described in the certified rent roll attached to this Assignment as Exhibit B.
Leases and Licenses. Unless such failure is not reasonably likely to cause a Material Adverse Effect, the Borrower shall, and shall cause each Subsidiary to, perform and carry out all of the leases, licenses, permits and any other occupancy agreements relating to real property or real property interests (the "OCCUPANCY AGREEMENTS") to be performed by the Borrower or any Subsidiary and shall appear in and defend any action in which the validity of any of the Occupancy Agreements relating to any real property or real property interests is at issue and shall commence and maintain any action or proceeding necessary to establish or maintain the validity of any of such Occupancy Agreements and to enforce the provisions thereof. The Borrower shall provide to the Lender true, correct and complete copies of any information relating to any of the Occupancy Agreements as the Lender may reasonably request in writing. Unless such amendment or termination is not likely to cause a Material Adverse Effect, the Borrower shall not, and shall not permit any Subsidiary to, amend in a materially adverse manner or terminate any of such Material Occupancy Agreements, without the prior written consent of the Lender, which consent shall not be unreasonably withheld or delayed. The Borrower shall immediately give notice to the Lender of any default by it or any of its Subsidiaries or, to the knowledge of the Borrower, by any other party to an Occupancy Agreement, which causes or is reasonably likely to cause a Material Adverse Effect. The Borrower shall not, and shall not permit any Subsidiary to, execute any new Material Occupancy Agreements without giving prior or concurrent notice to the Lender.
