Leasing Practice Sample Clauses

Leasing Practice. (a) The Existing Space Leases, together with any modifications, renewals and new leases made after the date hereof in accordance with this Section 7.1 hereof are herein called the "SPACE LEASES" and the tenants thereunder are herein called the "SPACE TENANTS". During the period ending five (5) days before the Outside Termination Date (and provided Purchaser receives a copy of the applicable New Lease on or prior to such date), Seller may enter into new leases or renew and/or make modifications to the Space Leases (collectively, "NEW LEASE(S)") without the approval of Purchaser. Beginning with the fifth (5th) day before the Outside Termination Date, provided Purchaser is not in default under this Contract, Seller shall not enter into New Leases without the prior approval of Purchaser, which approval shall not be unreasonably withheld, conditioned or delayed. Purchaser agrees to grant or deny consent in writing (and provide, in reasonable detail, the reasons for any denial) within three (3) Business Days after Purchaser's receipt of Seller's request, which request shall contain copies of all material information related to such request and a summary of the material terms of the proposed New Lease. Purchaser's failure to timely respond in writing to Seller's request shall be deemed a consent to the proposed New Lease. Seller shall, from time to time, inform (orally or in writing) Purchaser of any new lease negotiations and promptly give notice to Purchaser of any New Lease and a copy of any instruments executed and any material information delivered in connection with the New Lease. Notwithstanding anything contained in this Section 7.1(a) to the contrary, at any time on or before the Closing Date, Seller may enter into New Leases without Purchaser's prior approval provided such New Leases are on terms no less favorable than those set forth on SCHEDULE F annexed hereto.
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Leasing Practice. (a) Provided that Purchaser is not in default under this Contract, Seller shall not, without Purchaser’s prior approval, which shall be at Purchaser’s sole discretion, enter into any modifications, renewals or extensions of the GSA Lease other than those required pursuant to the terms of the GSA Lease (collectively, “GSA Lease Modifications”). Purchaser agrees to grant or deny consent in writing (and provide, in reasonable detail, the reasons for any denial) within five (5) Business Days after Purchaser’s receipt of Seller’s request, which request shall contain copies of all material information related to such request and a summary of the material terms of the proposed GSA Lease Modification and such other information as reasonably requested by Purchaser. Purchaser’s failure to timely respond in writing to Seller’s request shall be deemed a consent to the proposed GSA Lease Modification. Seller shall, from time to time, inform (orally or in writing) Purchaser of any negotiations and promptly give notice to Purchaser of any GSA Lease Modification and a copy of any instruments executed and any material information delivered in connection with the GSA Lease Modification. The term “
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Leasing Practice. (a) Subject to Section 6(b) below, Seller may continue to lease the Premises in a manner consistent with its past course of business and in a commercially reasonable manner, including, without limitation and in its sole discretion, the termination of existing Space Leases and/or the entering into of new leases or renewals or modifications of existing Spaces Leases (such new space lease, termination, renewal or modification is herein referred to as a "New Space Lease") .
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Leasing Practice. Seller shall not enter into leases, licenses, concessions or any other occupancy arrangement affecting portion of the Premises without Purchaser’s prior written consent.
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Leasing Practice. (a) During the term of this Contract, Seller may continue to lease the Premises in a manner consistent with its past course of business and in a commercially reasonable manner, provided, however, that (i) any amendment to a space lease; (ii) any termination of an existing Space Lease and/or (iii) the entering into of new leases or renewals of existing Space Leases shall require the approval of Purchaser, which shall not be unreasonably withheld and which shall be deemed given if Purchaser does not object to same during the five (5) business day period following Purchaser's receipt of any such request. Furthermore, Seller shall continue to maintain and operate the Premises as same is currently being maintained and Seller shall not enter into any new Service Contracts which are not terminable at Closing without obtaining Purchaser's consent, which shall not be unreasonable withheld or delayed.
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Leasing Practice. (a) After the Effective Date, provided Purchaser is not in default, beyond any applicable notice and cure period, under this Contract or any of the Purchaser Documents, Seller shall not terminate, renew and/or make modifications to any of the Existing Space Leases, without the prior approval of Purchaser, which approval shall not be unreasonably withheld, conditioned or delayed. Purchaser agrees to grant or deny consent in writing (and provide, in reasonable detail, the reasons for any denial) within three (3) Business Days after Purchaser’s receipt of Seller’s request, which request shall contain copies of all material information related to such request and a summary of the material terms of the termination, renewal and/or modification of any Existing Space Lease. Purchaser’s failure to timely respond in writing to Seller’s request shall be deemed a consent to the proposed termination, renewal and/or modification of any Existing Space Lease.
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Leasing Practice. During the pendency of this Agreement, WWP Sponsor shall have the right to amend, modify and cancel existing Leases, other than (i) any of the Major Leases or (ii) any Lease or Leases which provide for annual aggregate rent and/or additional rent in excess of $200,000.00, and enter into new Leases at the Office Property and the Amenities Property only (a) in accordance with the Approved Annual Budget, or (b) in accordance with the terms of the LLC Agreement, and with respect to the rights under the LLC Agreement as if the LLC Agreement was in effect as of the Effective Date, Investor shall have the consent rights of the Investor Member (as defined in the LLC Agreement) in accordance with the terms the LLC Agreement. The proposed annual budget for 2014 shall be delivered to Investor for its review, input and approval as soon as same is ready, and the budget shall not be approved, and shall not become the Approved Annual Budget, unless and until same has been reviewed and approved by Investor, which approval shall not be unreasonably withheld, delayed or conditioned. Investor shall endeavor to respond to the proposed budget promptly after receipt thereof. Until such time as the annual budget for 2014 is approved by WWP Sponsor and Investor, WWP Sponsor agrees to cause Office Owner and Amenities Owner to operate the Real Property under the Approved Budget for 2013 with only such changes as shall be made in accordance with the LLC Agreement.
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Leasing Practice. 6 7. APPORTIONMENTS AND REIMBURSEMENTS............................7 8. VIOLATIONS..................................................10 9.
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Related to Leasing Practice

  • Accounting Practice Except as otherwise provided herein, all Mortgage Loan account records must be maintained according to (a) the Uniform Single Attestation Program for Mortgage Bankers and (b) where applicable, sound and generally accepted accounting practices.

  • Servicing Practices The Servicer agrees to service Mortgage Loans in accordance with the requirements of this Agreement. In general, where not otherwise expressly required by the provisions of this Agreement, the Servicer shall service the Mortgage Loans in accordance with Prudent Servicing Practices and generally in accordance with FNMA guidelines. As to each Mortgage Loan, the Servicer shall take all such actions as may be necessary to preserve the lien of the related Security Instrument upon the related Mortgaged Property.

  • Accounting Practices All matters concerning this FuturesAccess Fund’s accounting practices shall be determined by the Sponsor on a fair and equitable basis, and all such determinations shall be final and conclusive as to all Investors. However, the Sponsor shall be under no obligation whatsoever to make any deviations from the allocations set forth in this Article II. In reporting Net Asset Values to Investors and third parties on an interim basis, the Sponsor shall be entitled to accrue fees and payments due at the end of a period as if such fees or payments were due (on a pro rata basis, if appropriate) as of the end of an interim period within such period.

  • Prudent Servicing Practices Where not inconsistent with the provisions of this Agreement, the Servicer shall at all times perform its obligations hereunder in accordance with Prudent Servicing Practices, which shall not be less exacting than the Servicer employs and exercises in servicing and administering mortgage loans for its own account, or for the account of FNMA or FHLMC, including exploring alternatives to foreclosure to mitigate Realized Losses.

  • Frequency of Bills; Billing Practices In accordance with the Servicer Policies and Practices, the Servicer shall generate and issue a Bill to each Customer. In the event that the Servicer makes any material modification to the Servicer Policies and Practices, it shall notify the Issuer, the Indenture Trustee and the Rating Agencies as soon as practicable, and in no event later than 30 Servicer Business Days after such modification goes into effect, but the Servicer may not make any modification that will materially adversely affect the Holders.

  • Tax Accounting Practices (a) Except as provided in Section 3.03(b), any Tax Return for any Pre-Distribution Tax Period, to the extent it relates to members of the Broadridge Group, shall be prepared in accordance with practices, accounting methods, elections, conventions and Tax positions used with respect to the Tax Return in question for periods prior to the Distribution (“Past Practices”), and, in the case of any item the treatment of which is not addressed by Past Practices, in accordance with generally acceptable Tax accounting practices. Notwithstanding the foregoing, for any Tax Return described in the preceding sentence, (i) a Party will not be required to follow Past Practices with either the written consent of the other Party (not to be unreasonably withheld) or a “should” level opinion from a Tax Advisor that the proposed method of reporting is correct and (ii) ADP shall have the right to determine which entities will be included in any consolidated, combined, affiliated or unitary Return that it is responsible for filing.

  • Tax Reporting Practices Except as provided in Section 3.6, with respect to any Tax Return for any taxable period that begins on or before the second anniversary of the Distribution Date with respect to which Veralto is the Responsible Party, such Tax Return shall be prepared in a manner (i) consistent with past practices, accounting methods, elections and conventions (“Past Practices”) used with respect to the Tax Returns in question (unless there is no Reasonable Basis for the use of such Past Practices), and to the extent any items are not covered by Past Practices (or in the event that there is no Reasonable Basis for the use of such Past Practices), in accordance with reasonable Tax accounting practices selected by Xxxxxxx; and (ii) that, to the extent consistent with clause (i), minimizes the overall amount of Taxes due and payable on such Tax Return for all of the Parties by cooperating in making such elections or applications for group or other relief or allowances available in the taxing jurisdiction in which such Tax Return is filed. Veralto shall not take any action inconsistent with the assumptions (including items of income, gain, deduction, loss and credit) made in determining all estimated or advance payments of Taxes on or prior to the Distribution Date. In addition, Veralto shall not be permitted, and shall not permit any member of the Veralto Group, to make a change in any of its methods of accounting for tax purposes until all applicable statutes of limitations for all Pre-Distribution Periods and Straddle Periods have expired without Xxxxxxx’x prior written consent. Notwithstanding anything to the contrary herein, if Xxxxxxx determines, in its sole discretion, that an election shall be made with respect to any transaction undertaken in connection with the Separation or the Transactions, Xxxxxxx agrees to take any such action that is necessary to effect such election, including the execution of any document to effect such election, as determined by Xxxxxxx.

  • Practice See Recital A. --------

  • Employee Benefit Programs, Plans and Practices The Company shall during the Term provide Executive with coverage under all employee pension and welfare benefit programs, plans and practices (to the extent permitted under any employee benefit plan) in accordance with the terms thereof, which the Company generally makes available to its senior executives.

  • Policies and Practices The employment relationship between the Parties shall be governed by this Agreement and the policies and practices established by the Company and the Board of Directors (hereinafter referred to as the “Board”). In the event that the terms of this Agreement differ from or are in conflict with the Company’s policies or practices or the Company’s Employee Handbook, this Agreement shall control.

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