Long Term Lease. Upon satisfaction by the Developer of the Conditions Precedent as set forth in Article 2 of this Agreement, the LRA agrees to grant Developer a _________ (XX) years Term Deed of Long-Term Lease or Ground Lease, and by virtue thereof, such Deed will grant the Developer possession and authorization to build on the property, as described below: “Rustica…”
Long Term Lease. As of the date of this Second Amendment, the final paragraph of Section 2(c) of the Lease is hereby deleted in its entirety and replaced with the following:
Long Term Lease. Organizations or xxxxxx’s who wish to rent facilities on a regular basis for more than one year must re-submit the Facility Rental/Usage Agreement annually.
Long Term Lease. The transaction contemplated between the PURCHASER and the SELLER shall be subject to a long term lease (“Long-Term Lease”) for the New City Hall Space referred to in Section 1.17 herein. The material terms of the Long-Term Lease including without limitation, rent, pass-through expenses, lease term, parking rights, lease termination rights and rent and other business terms will be set forth in the Development Agreement to be executed by the parties on or before the Effective Date. The parties agree that the Long-Term Lease will be approved by the City Commission (with all applicable appeal periods having run or, if an appeal is field, the appeal has been resolved in favor of the approval of the Long-Term Lease) and executed and delivered among the parties no later than the expiration of the Inspection Period. If the Long-Term Lease is not executed by the parties during the Inspection Period, then either party may terminate this Agreement as set forth in Section 3 hereof.
Long Term Lease. A lease whose term exceeds ten years from the mutual signing until the date of expiration or renewal option.
Long Term Lease. Butte County will be allowed to lease the unused portion of its Maximum Table A Amount to other SWP contractor(s) for a minimum of 5 years, referred to as Maximum Leased Table A Amount, with an option to extend. Leases may continue only to the extent the leased water is not needed to meet in-county demands by Butte County subject to the limitations in the Water Supply Contract as amended.
Long Term Lease. City currently owns the City Property and City Consultants anticipate that the City will ground lease the portion of the City Property comprising the Lease Property to Developer or an affiliate of Developer with the objective of a 99-year term in order for Developer and its affiliates to develop and/or operate the Project and/or City Improvements on the City Property to further the overall use of the Development Property for recreational purposes. City staff and Developer will negotiate in good faith and endeavor to develop lease documents reflecting mutually agreeable lease terms and consideration, which may be in the form of minimal rent plus other public benefits and/or some other form acceptable to the Parties.
Long Term Lease. Each party acknowledges and confirms that the other party has fully performed under Paragraph 8 of the Eleventh Amendment.
Long Term Lease. Excluding the engines subject to the General Terms Engine Lease Agreement to be entered into between WLFC (or a trustee or other designee of WLFC) and SR Technics AG, and the individual Aircraft Engine Lease Agreements entered Cooperation Agreement into thereunder, in each case, as referred to in the Investment Agreement (collectively, the "Sale/Leaseback Lease"), WLFC shall, upon request (which request shall specify the exact engine requested and identify the air carrier that will operate such engine), make available spare engines to SRT, Flightlease or any air carrier or affiliate thereof designated by Flightlease or SRT from time to time (a "Designated Customer") for lease, subject to a commercially reasonable availability date to be mutually agreed in each instance between WLFC and the requesting party. Such lease transaction may take the form of, but not limited to, an operating lease, finance lease in particular, synthetic lease, any form of structured lease transaction involving the use of special-purpose vehicles or other form of lease structure and shall be for a term of 1 to 10 years, in each case, as designated by such requesting party, each with the concurrence of WLFC, and shall provide preferential pricing (as described in clause (c) below) and other competitive terms and conditions reasonably satisfactory to such requesting party and WLFC (with respect to the reasonableness of such terms and conditions, taking into consideration, without limitation, general engine leasing market conditions, the creditworthiness of the prospective lessee, the credit risks associated with the jurisdiction of such lessee, WLFC's financial condition and ability to take on various levels of risks, and other factors). The parties hereto shall use their respective reasonable commercial efforts to complete the documentation of such lease and effect delivery of the subject engine thereunder within a commercially reasonable period of time.
Long Term Lease. ICS will maintain its long-term lease for its corporate headquarters in Medina, North Dakota. A true and accurate copy of the lease is attached hereto as Schedule 5.10.
