Leasing Agreements. (a) As of the Closing Date, there are no leasing or broker agreements other than the Leasing Agreements.
(b) Borrower shall (i) diligently and promptly perform, observe and enforce all of the terms, covenants and conditions of each Leasing Agreement on the part of Borrower to be performed, observed and enforced to the end that all things shall be done which are necessary to keep unimpaired the rights of Borrower under each Leasing Agreement, (ii) promptly notify Lender of any default under any Leasing Agreement beyond applicable notice and cure periods thereunder; (iii) promptly deliver to Lender a copy of any written notice of default or other material notice received by Borrower under any Leasing Agreement; (iv) promptly give notice to Lender of any written notice that Borrower receives which provides that the counterparty under any Leasing Agreement is terminating the Leasing Agreement or the applicable leasing agent is otherwise discontinuing to market and lease the Property; and (v) promptly use commercially reasonable efforts to enforce the performance and observance of all of the covenants required to be performed and observed by the applicable counterparty under each Leasing Agreement.
(c) Borrower shall have the right to replace a leasing agent to the extent that (i) no Event of Default has occurred and is continuing, (ii) Lender receives at least ten (10) Business Days prior written notice of the same, (iii) the replacement leasing agent is reasonably satisfactory to Lender and engaged pursuant to a leasing agreement that is reasonably satisfactory to Lender, and (iv) such replacement leasing agent executes an Assignment of Leasing Agreement.
(d) Any sums expended by Lender pursuant to this Section 4.23 shall be deemed to constitute a portion of the Debt, shall be secured by the lien of the Security Instrument and the other Loan Documents and shall be immediately due and payable upon demand by Lender therefor (and to the extent not paid within five (5) Business Days of demand therefor by Lender shall bear interest at the Default Rate).
Leasing Agreements. Master Lease Agreements (MLAs) provided by the Vendor shall include the following terms.
Leasing Agreements. Any finance option offered will require that Member enter into a separate agreement for the equipment leasing (the “Lease Agreement”). Such devices will receive MPS services by Supplier when provided for under the Agreement. The Parties acknowledge and agree that, with regard to any equipment leased pursuant to the Lease Agreement, the provisions of the Lease Agreement shall take precedence over any conflicting provision of the Agreement. Lease rates may vary over time, and are subject to change and customer credit approval.
Leasing Agreements. Agreed form documents Goodwill Assignment Debtors Assignment Equipment List Vehicles List The Licence Disclosure Letter Management Accounts THIS AGREEMENT is dated 5th September 2000 and is made BETWEEN:
Leasing Agreements. To Seller's knowledge, there are no leasing brokerage agreements, leasing commission agreements or other agreements providing for the payment of any amount for leasing activities with respect to the Property currently in force or effect except as set forth on Exhibit P attached hereto.
Leasing Agreements. As of the date hereof, Borrower represents that there exists only one leasing agreement in place (for the 3940 Sxxxx Property). All leasing brokerage agreements must be with leasing brokers and contain subordination and termination provisions and must be otherwise reasonably satisfactory to Lender, both as to such leasing brokerage agreement and as to such leasing broker or agent. Borrowers shall cause each leasing broker or agent to enter into a subordination and recognition agreement in the form and substance of Lender’s form Leasing Agent Consent and Recognition Agreement and to deliver to Lender such subordination and recognition agreement simultaneously with the execution and delivery of such leasing brokerage agreement. Borrowers shall provide Lender with a copy of any written notice received by Borrowers from such leasing broker of the occurrence of any default or event of default or condition that with the giving of notice or passage of time, or both, would constitute an event of default under any leasing brokerage agreement or that would entitle the leasing broker to terminate its agreement. Borrower shall cause Mortgage Borrower to terminate such leasing brokerage agreement, at Lender’s reasonable request, upon not less than thirty (30) days’ prior notice to Borrowers during an Event of Default.
Leasing Agreements. Borrower will deliver to Lender copies of any exclusive listing agreements pertaining to leasing at the Property promptly after execution of the same.
Leasing Agreements. Schedule 5.1(n) attached hereto contains a list that is true, correct and complete in all material respects of the Leasing Agreements to which Seller is a party that are in effect as of the Effective Date. Seller has delivered or made available to Purchaser copies of all such Leasing Agreements which are true, correct and complete in all material respects.
Leasing Agreements. Both Parties agree the Water Rights shall remain in the Service Area unless otherwise mutually agreed by both Parties.
Leasing Agreements. The Company is not a party to any leasing agreement except of the two agreements with Credit Suisse Leasing dated January 14, 1999 and April 29, 1999 (Appendix 18 and 19).
