Leases, etc. On the Issue Date, there shall have been delivered to the Trustee, true and correct copies, certified as true and complete by an Authorized Representative of the Company, of all Leases. Furthermore, (i) the Collateral Agent shall have been registered as the Registered Leasehold Mortgagee under (and as defined in) the Casino Operating Contract, (ii) the notice address for the Collateral Agent as Leasehold Mortgagee under (and as defined in) the Casino Lease shall have been delivered to the RDC.
Leases, etc. Borrower shall not, nor shall it permit any Subsidiary to, pay obligations under leases of property which exceed $10,000,000 in aggregate amount in any fiscal year. As used in this SUBPARAGRAPH 5.02(g), the term "lease" means an operating lease that is reflected as such on a consolidated balance sheet (and notes thereto) of Borrower and should be so reflected under GAAP.
Leases, etc. (a) Loan Parties and their Subsidiaries enjoy peaceful and undisturbed possession in all material respects, under all leases material to their business and to which they are parties or under which they are operating and all of such material leases are valid and subsisting and no material default by Loan Parties or their Subsidiaries exists under any of them.
(b) Schedule 4.16 sets forth a complete and accurate list, as of the Closing Date, of the location, by street address, of all real property owned or leased by each Loan Party. No consent or approval of any landlord or other third party in connection with any such lease is necessary for any Loan Party to enter into and execute the Loan Documents to which it is a party, except as set forth on Schedule 4.16. To the best knowledge of any Loan Party, no other party to any such lease is in default of its obligations thereunder, and no Loan Party (or any other party to any such lease) has at any time delivered or received any notice of default which remains uncured under any such lease and, as of the Closing Date, no event has occurred which, with the giving of notice or the passage of time or both, would constitute a material default under any such lease.
Leases, etc. None of the assets or property reflected in the balance sheet as at January 1, 1994, referred to in subsection (a) above is held by the Company or its Subsidiaries as lessee under any lease or land purchase contract or as conditional vendee under any conditional sales contract or other title retention agreement other than properties or assets subject to Capitalized Leases reflected in said balance sheet as at January 1, 1994 and other than leasehold improvements not exceeding in the aggregate $3,800,000 net book value.
Leases, etc. 2.14................................... Encumbrances 2.15...................................
Leases, etc. All leases and agreements referenced in the reports or other title materials delivered in connection with the Closing are valid and subsisting, in full force and effect and there exists no default or event or circumstance which with the giving of notice or the passage of time or both would give rise to a default under any such lease or leases, which would adversely affect in any material respect the conduct of the business of Borrower. All of the assets of Borrower which are reasonably necessary for the operation of its business are in good working condition (ordinary wear and tear excepted) and are maintained in accordance with prudent business standards.
Leases, etc. Borrower will provide Lender with copies of any sale, lease, rental or other occupancy agreements entered into with respect to all or any part of the Project, other than sales conducted in accordance with any partial release provisions in this Agreement or any other Loan Document or any sale which will result in the full repayment of the Loan. Unless otherwise agreed in writing by Lender, without Lender's prior consent, Borrower will not enter into any lease (i) on a form of lease not previously approved by Lender, (ii) for a term of three (3) years or more, or (iii) containing an option or right to purchase all or any part of the Project. With respect to any lease of the whole or any part of the Project involving an initial term of three (3) years or more, Borrower shall not, without the prior written consent of Lender (a) permit the assignment or subletting of all or any part of the lessee's rights under the lease unless the right to assign or sublet is expressly reserved by the lessee under the lease, (b) amend or modify the lease for a lesser rental or term, or (c) accept surrender of the lease or terminate the lease except in accordance with the terms of the lease.
Leases, etc. There are no leases, agreements, liens, litigation, charges, matters or undertakings affecting Parcel A not reflected on the Title Commitment.
Leases, etc. Except as set forth on Schedule 1.05(d) attached hereto and made a part hereof, there are no leases, licenses or other agreements for the use or occupancy of the Killington Land, or any portion thereof (any such lease, license or agreement being herein referred to collectively as the "Leases"); Borrower has delivered to Fleet and Ski 2000, prior to the date hereof, true and correct copies of the Leases, including all amendments thereto or modifications thereof; there are no agreements between Borrower or KLTD and any person or entity concerning the use or occupancy of the Killington Land by any person or entity other than as set forth in the Leases; and there is no notice of default with respect to any Lease outstanding by either Borrower, KLTD or any of the other parties under any Lease, and to the best of Borrower's and KLTD's knowledge, there exist no defaults by Borrower, KLTD or any of the other parties under such Leases or any event or condition which, with the giving of notice or the passage of time or both, would constitute a default under any of such Leases.
Leases, etc. The originals (or best available copies, if no originals are available) of the Leases (including all documents shown on the Rent Roll), the Contracts, the Property records, the plans, specifications and drawings for the Improvements, operating manuals for equipment, the licenses and permits for the Property, construction warranties and guaranties and any and all other documents and instruments in Seller's possession or control relating to the Property, all of which may be delivered by Seller leaving the same in the Property management office.
