No Other Leases Clause Samples
The "No Other Leases" clause prohibits the landlord from entering into additional lease agreements for the same premises with other parties during the term of the current lease. This means that the tenant is assured exclusive possession and use of the leased property, without risk of interference from other tenants or conflicting lease arrangements. By including this clause, the agreement protects the tenant’s rights and prevents disputes over occupancy, ensuring the tenant can fully utilize the premises as intended.
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No Other Leases. Except as specifically disclosed on Schedule 3.11, there are no leases, subleases, licenses, occupancy agreements, options, rights, concessions or other agreements or arrangements, written or oral, granting to any Person the right to purchase, use or occupy real property in connection with the operation of the Business. Schedule 3.11 sets forth a true and complete list of each location of real property leased, subleased, or licensed to Seller with respect to the Business. Seller has delivered to Buyer true and complete copies of the leases, subleases, or other agreements relating to such leased real property, including all amendments, supplements, modifications, and guaranties associated therewith (each a “Real Property Lease”). After the Effective Date, no Real Property Lease will be modified or supplemented without Buyer’s prior written consent. Except as specifically disclosed on Schedule 3.11, each Real Property Lease is in full force and effect and is valid and enforceable against the landlord of each such Real Property Lease in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency, or creditor’s rights laws. Except as set forth on Schedule 3.11, Seller is not in receipt of any notice of default pursuant to any Real Property Lease, no rentals are past due and to the Knowledge of Seller, no conditions exist which with the giving of notice or the lapse of time or both would constitute a default under a Real Property Lease by any party thereto.
No Other Leases. There are no leases or other agreements relating to use or occupancy of the Facilities arising by, through or under Seller, except for the Existing Leases.
No Other Leases. Borrower is neither the lessor or lessee under any material leases (including real property leases, equipment leases, capital leases, etc.) other than the Leases included in the Properties and leases entered into in the ordinary course of business which are not considered Leases as defined herein.
No Other Leases. Except for the Lease and as set forth in Schedule --------------- -------- 2.15(j), there are no leases, subleases, licenses, concessions, or other ------ agreements, written or oral, granting to any party or parties the right of use or occupancy of any portion of the Real Estate or the Condominium.
No Other Leases. None of the Equipment is, except as described in Exhibit A, leased or otherwise provided by Poly- Cell to any other party, and none of the real or tangible person- al property used in the Acquired Business is leased by Poly-Cell from any other party except as described in Exhibit B.
No Other Leases. Con ractor warrants that Contractor’s Equipment is not the subject
No Other Leases. To the best of the Ground Lessor’s knowledge and belief, as of the date of this Agreement, there are no leases, options or other agreements regarding transfer of any interest in, or otherwise materially affecting the Property other than the Ground Lease.
No Other Leases. There do not exist any leases or other agreements for possession with any person or entity (except Buyer) pursuant to which such person or entity has any current or future right or interest to occupy, possess or use all or any portion of the Property.
No Other Leases. There are no leases of space in the Property which will be in force after the Closing which were executed by Seller and under which Seller is the landlord (whether by entering into the leases or acquiring the Property subject to the leases) other than the Leases and that certain Standard Industrial Lease by and between REMEC and Midland Credit Management, Inc, a Kansas Corporation (as successors-in-interest to West Capital Financial Services Corp.), dated as of September 12, 1994, an Addendum to Standard Industrial Lease – Multi-Tenant Gross, and an Extension to Standard Industrial Lease dated as of April 17, 2000.
No Other Leases. During the Term, Tenant shall not enter into any lease or other agreement for the occupancy of any other real estate by Tenant or members of the Chapter without the prior written consent of Landlord, which consent may be granted or withheld in Landlord's sole discretion.