Leasing Agreement. 3.1 In the event that the Customer has agreed to acquire the Equipment by way of a Leasing Arrangement (which will be the case if the Lease Arrangement box is completed on this Agreement) the Customer shall subject to clause 3.2 Procure that a Leasing Arrangement is concluded on terms satisfactory to CommsFM and implemented to the satisfaction of CommsFM such that CommsFM is paid in full by the finance company within four weeks of the Go Live Date or such longer period as CommsFM may specify in writing.
3.2 CommsFM shall give to the Customer such reasonable co-operation as CommsFM considers appropriate in order to ensure that a Leasing Arrangement is concluded and CommsFM is paid all in accordance with the terms of clause 3.1.
3.3 In the event that a Leasing Arrangement is not concluded and implemented within 4 weeks of the Commencement Date or the Go Live Date, all in accordance with the terms of clause 3.1, The Customer shall, unless CommsFM determines otherwise by giving written notice to that effect to the Customer:- either at the option of CommsFM;
3.3.1 Purchase the Equipment at the Purchase Price in accordance with clause 4; or
3.3.2 Rent the Equipment from CommsFM in accordance with clause 5.
Leasing Agreement. Landlord leases to Tenant and Tenant leases from Landlord upon and subject to the terms and conditions set forth in this Lease certain real estate consisting of approximately 84,358 square feet of land, as legally described in attached Exhibit A, together with all easements, rights and appurtenances thereto, including, but not limited to all of Landlord's rights, if any, to use any common areas, parking, access drives and sidewalks in any center of which the real estate may be a part (the "Land"). The Land is commonly known as 2250 Claremont Axxxxx, Xxxxxxx ("Xxxx"), Xxxxxxx Xxxxxx, Xxxx. Xxx Xxxx, xxxxther with the restaurant and other related improvements now or hereafter thereon ("Improvements"), are referred to in this Lease as the "Premises." The Premises are leased subject to all restrictions, covenants, encumbrances and other matters of record on the date of this Lease.
Leasing Agreement. Landlord leases to Tenant, and Tenant leases from Landlord, for the term (the "Term") set forth on the Schedule, commencing on the commencement date (the "Commencement Date") set forth on the Schedule and ending on the termination date (the "Termination Date") set forth on the Schedule, unless sooner terminated or extended as herein provided, the Premises described on the Schedule and outlined on the plan attached hereto and made a part hereof as page 1 of Appendix A. The Premises constitute a portion of the Building located on the Land, which is legally described on page 2 of Appendix A. As provisions of said lease, Landlord and Tenant covenant and agree as follows:
Leasing Agreement. The Landlord agrees to rent to Tenant(s), and Xxxxxx(s) agrees to pay rental and other charges for the apartment described in this Lease upon the terms and conditions established in this lease.
Leasing Agreement. 2 2. RENT ................................................................................................ 2 A. Kinds...........................................................................................
Leasing Agreement. The Leasing Agreement is in full force and effect and (a) to Borrower’s knowledge, there is no default thereunder by Leasing Agent thereunder and (b) to Borrower’s knowledge, there is no default thereunder by Borrower thereunder. The Leasing Agreement was entered into on commercially reasonable arm’s-length terms.
Leasing Agreement. (i) Borrower shall cause Mortgage Borrower to use commercially reasonable efforts to cause Leasing Agent to lease and market the Property in accordance with the Leasing Agreement. Borrower shall cause Mortgage Borrower to (A) diligently perform and observe, in each case in all material respects, all of the terms, covenants and conditions of the Leasing Agreement on the part of Mortgage Borrower to be performed and observed, (B) promptly notify Administrative Agent of any notice to Borrower or Mortgage Borrower of any material default by Mortgage Borrower in the performance or observance of any of the terms, covenants or conditions of the Leasing Agreement on the part of Mortgage Borrower to be performed and observed, (C) promptly following receipt of Administrative Agent’s written request, deliver to Administrative Agent a copy of each financial statement, business plan, leasing plan, capital expenditures plan, report and estimate received by it pursuant to the terms of the Leasing Agreement, and, in accordance with this Agreement or otherwise promptly following written request by Administrative Agent, shall cause Leasing Agent to provide Administrative Agent with reports in regard to the leasing efforts at the Property, and (D) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by Listing Agent under the Leasing Agreement. If Mortgage Borrower shall default in the performance or observance of any term, covenant or condition of the Leasing Agreement on the part of Mortgage Borrower to be performed or observed beyond applicable grace, notice and cure periods, then, without limiting Administrative Agent’s other rights or remedies under this Agreement or the other Loan Documents, and without waiving or releasing Borrower from any of its Obligations hereunder or Mortgage Borrower’s Obligations under the Leasing Agreement, as applicable, Administrative Agent shall have the right, but shall be under no obligation, to pay any sums and to perform any act as may be appropriate to cause all the terms, covenants and conditions of the Leasing Agreement on the part of Mortgage Borrower to be performed or observed. Borrower hereby agrees to pay to Administrative Agent promptly following written demand, all such sums so paid and expended by Administrative Agent in connection therewith, together with interest thereon at the Default Rate from the day on which Borrower receives such demand until paid. All s...
Leasing Agreement. Landlord leases to Tenant and Tenant leases from Landlord the premises (the "Premises") shown cross-hatched on Exhibit A which are contained in Presidential Towers (the "Project" or the "Development"), located at the address stated in Paragraph lA. In addition, the Premises shall include two (2) spaces in the garage that is part of the Project. In the event Tenant requests more than two (2) parking spaces for use by Tenant's employees, such spaces shall be made available at the then current monthly residential rate. The term of this Lease (the "Term") shall commence on the date (the "Commencement Date") stated in Paragraph 1F. The Term shall expire on the date (the "Expiration Date") stated in Paragraph 1G, unless terminated earlier or extended as otherwise provided in this Lease.
Leasing Agreement. Landlord leases to Tenant and Tenant leases from Landlord upon and subject to the terms and conditions set forth in this Lease certain real estate consisting of approximately 1.3 acres of land, as legally described in attached Exhibit A, together with all easements, rights and appurtenances thereto, including, but not limited to all of Landlord's rights, if any, to use any common areas, parking, access drives and sidewalks in any center of which the real estate may be a part (the "Land"). The Land is commonly known as 0000 X. Xxxxxxxxxx Street, Indianapolis, ("City"), Xxxxxx County, Indiana. The Land, together with the restaurant and other related improvements now or hereafter thereon ("Improvements"), are referred to in this Lease as the "Premises." The Premises are leased subject to all restrictions, covenants, encumbrances and other matters of record on the date of this Lease.
Leasing Agreement. Landlord leases to Tenant, and Tenant accepts from Landlord, the Premises as set forth on the Schedule. The Term shall begin on the Commencement Date and continue until the Termination Date as set forth on the Schedule, unless sooner terminated under the terms of this Lease. Tenant and its agents, employees and invitees have the non-exclusive right with others designated by Landlord to use the common area in the Project for their intended and normal purposes. Common areas include elevators, sidewalks, unrestricted parking areas, driveways, hallways, stairways, public bathrooms, common entrances, lobbies and other areas designated by Landlord for common use. Landlord may change the common areas at any time, provided the changes do not materially and unreasonably interfere with Tenant's access to or use of the Premises. Tenant's use of the common areas shall be subject to the terms and conditions of this Lease and to the rules and regulations prescribed from time to time by Landlord as provided in Section 7.
