Common use of No Subleases or Licenses Clause in Contracts

No Subleases or Licenses. There are no subleases or licenses to use all or any portion of the premises leased by the Partnership, except as set forth in the leases. The leases are valid, binding and enforceable in accordance with the terms of each, and are in good standing. The Partnership is not in default in payment of rent, or in the performance of any of its material obligations under the leases and, to the best Knowledge of the Principals, no ground lessor to any such landlord or lessors is in default of any ground lease. To the best Knowledge of the Principals, the landlords or lessors under the leases are not in breach of any of their obligations under the leases and no ground lessor to any such landlord or lessor is in default of any ground lease. No state of facts exists which, after notice or lapse of time or both, would result in a breach or default by the Partnership under the leases. The copies of the leases which the Partnership has delivered to Regal are true, correct and complete copies of the leases, and the Partnership has delivered to Regal all amendments, modifications, and material letter agreements which relate to such leases (except correspondence or other instruments or documents sent or received in the ordinary course of business, including percentage rent reports, which do not alter the terms of the leases).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cobb Theatres LLC)

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No Subleases or Licenses. There are no subleases or licenses to use all or any portion of the premises leased by the PartnershipMHA, except as set forth in the leases. The leases are valid, binding and enforceable in accordance with the terms of each, and are in good standing. The Partnership MHA is not in default in payment of rent, or in the performance of any of its material obligations under the leases and, to the best Knowledge of the PrincipalsMHA's knowledge after reasonable investigation, no ground lessor to any such landlord or lessors is in default of any ground lease. To the best Knowledge knowledge of the PrincipalsMHA, the landlords or lessors under the leases are not in breach of any of their obligations Obligations under the leases and no ground lessor to any such landlord or lessor is in default of any ground lease. No state of facts exists which, after notice or lapse of time or both, would result in a breach or default by the Partnership under the leasesleases by MHA. The copies of the leases which the Partnership MHA has delivered to Regal PMT are true, correct and complete copies of the leases, leases and the Partnership MHA has delivered to Regal PMT all amendments, modifications, and material letter agreements and instruments of whatever form which relate to such leases (except correspondence or other instruments or documents sent or received in the ordinary course of business, including percentage rent reports, which do not alter the terms of the leases).

Appears in 1 contract

Samples: Agreement and Plan of Merger (PMT Services Inc /Tn/)

No Subleases or Licenses. There are no subleases or licenses to use all or any portion of the premises leased by the PartnershipLADCO, except as set forth in the leases. The leases are valid, binding and enforceable in accordance with the terms of each, and are in good standing. The Partnership LADCO is not in default in payment of rent, or in the performance of any of its material obligations under the leases and, to the best Knowledge of the PrincipalsLADCO's knowledge after reasonable investigation, no ground lessor to any such landlord or lessors is in default of any ground lease. To the best Knowledge knowledge of the PrincipalsLADCO, the landlords or lessors under the leases are not in breach of any of their obligations under the leases and no ground lessor to any such landlord or lessor is in default of any ground lease. No state of facts exists which, after notice or lapse of time or both, would result in a breach or default by the Partnership under the leasesleases by LADCO. The copies of the leases which the Partnership LADCO has delivered to Regal PMT are true, correct and complete copies of the leases, leases and the Partnership LADCO has delivered to Regal PMT all amendments, modifications, and material letter agreements and instruments of whatever form which relate to such leases (except correspondence or other instruments or documents sent or received in the ordinary course of business, including percentage rent reports, which do not alter the terms of the leases).

Appears in 1 contract

Samples: Agreement and Plan of Merger (PMT Services Inc /Tn/)

No Subleases or Licenses. There are no subleases or licenses to use all or any portion of the premises leased by the PartnershipData Transfer, except as set forth in the leases. The leases are valid, binding and enforceable in accordance with the terms of each, and are in good standing. The Partnership Data Transfer is not in default in payment of rent, or in the performance of any of its material obligations under the leases and, to the best Knowledge of the PrincipalsData Transfer's knowledge after reasonable investigation, no ground lessor to any such landlord or lessors is in default of any ground lease. To the best Knowledge knowledge of the PrincipalsData Transfer, the landlords or lessors under the leases are not in breach of any of their obligations Obligations under the leases and no ground lessor to any such landlord or lessor is in default of any ground lease. No state of facts exists which, after notice or lapse of time or both, would result in a breach or default by the Partnership under the leasesleases by Data Transfer. The copies of the leases which the Partnership Data Transfer has delivered to Regal PMT are true, correct and complete copies of the leases, leases and the Partnership Data Transfer has delivered to Regal PMT all amendments, modifications, and material letter agreements and instruments of whatever form which relate to such leases (except correspondence or other instruments or documents sent or received in the ordinary course of business, including percentage rent reports, which do not alter the terms of the leases).

Appears in 1 contract

Samples: Agreement and Plan of Merger (PMT Services Inc /Tn/)

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No Subleases or Licenses. There are no subleases or licenses to use all or any portion of the premises leased by the PartnershipXxxx Group, except as set forth in the leases. The leases are valid, binding and enforceable in accordance with the terms of each, and are in good standing. The Partnership Xxxx Group is not in default in payment of rent, or in the performance of any of its material obligations under the leases and, to the best Knowledge of the Principals, no ground lessor to any such landlord or lessors is in default of on any ground lease. To the best Knowledge of the Principals, the landlords or lessors under the leases are not in breach of any of their obligations under the leases and and, no ground lessor to any such landlord or lessor is in default of any ground lease. No state of facts exists which, after notice or lapse of time or both, would result in a breach or default by the Partnership under the leases. The copies of the leases leases, which the Partnership Xxxx Group has delivered to Regal are true, correct and complete copies of the leases, and the Partnership Xxxx Group has delivered to Regal all amendments, modifications, modifications and material letter agreements which relate to such leases (except correspondence or other instruments or documents sent or received in the ordinary course of business, including percentage rent reports, which do not alter the terms of the leases).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cobb Theatres LLC)

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