Premises Leases. Except as disclosed in Schedule 3.1(15) of the NovaGold Disclosure Letter, the NovaGold Subs, GCP and the Operator do not have any Premises Leases.
Premises Leases. The Premises Leases are in full force and effect and represent the legal, valid and binding obligations of the parties thereto, in accordance with the respective terms of each Premises Lease. No default exists under any of the Premises Leases. Lessee's use of the Equipment Premises and Leasehold Equipment thereon is in compliance with the Premises Leases.
Premises Leases. Except as disclosed in Schedule 3.1(13) of the Disclosure Letter, no Group Company is party to any Premises Leases. Seller has made available for inspection true and complete copies of each Premises Lease in the Data Room.
Premises Leases. At Closing and thereafter, each Seller shall use all reasonable efforts to assign, all right, title and interest under the leases ("LEASES") to the Centers; provided, that the consents to the assignments of the various Leases will not be procured, the procurement of such consents will not be a condition to Closing, and the fact that Sellers shall not have procured such consents shall not be a breach of any of the Sellers' obligations hereunder, and Buyer agrees to take the Leases with full knowledge that consents to the assignments were required, and Buyer will indemnify and hold Sellers harmless from any damages in connection with not receiving such consents. If consent to any assignment is not procured by Closing, Buyer shall simply occupy such space and hold each Seller harmless from any and all costs which may arise out of the failure to procure such consent, and all costs and expenses arising after the Closing from such Leases. Each Seller has provided Buyer with a copy of the Leases. All rents and other charges accruing as of the Closing shall have been paid or accrued by Sellers in full. All rents and other charges accruing after Closing shall be the sole responsibility of Buyer. Notwithstanding the foregoing, should a landlord start eviction proceedings against Buyer, solely due to the parties' failure to procure a consent to the assignment pursuant hereto, then the costs of moving such center shall be deducted from Contribution Margin for the Year in which such moving costs are incurred.
Premises Leases. Bikers and Mull xxxee to use their best efforts to obtain the consent of the landlords to the assignment of the premises leases, as described in Section 1.1(g) of the Asset Purchase Agreement, from Mull xx Bikers. In the event that the landlords refuse to consent to the release of Mull xxx Silvxxx xxxer said premises leases, then said assignments shall provide that Bikers shall indemnify Mull xxx Silvxxx xxxinst all liability arising under said premises leases. Said assignments shall also provide that, in the event of any default by Bikers under the leases, which remains uncured for the maximum period permitted under said premises leases, then Mull xxxll have the right to retake possession of the premises and to cure said defaults.
Premises Leases. Debtor has delivered to FFCA a certified true, correct and complete copy of each of the Premises Leases and the Additional Collateral Lease. The Premises Leases have not been modified, amended, supplemented or otherwise revised. Except for the Premises Leases set forth on Exhibit B, (each, an "Early Termination Lease" and collectively, the "Early Termination Leases"), each Premises Lease has a remaining term which will not expire before the scheduled maturity date of the Equipment Note. The Premises Leases are the only leases or agreements between Premises Lessors and Debtor with respect to the Premises. The Premises Leases and the Additional Collateral Lease are in full force and effect and constitute the legal, valid and binding obligations of Debtor, enforceable against Debtor in accordance with their terms. Debtor has not assigned, transferred, mortgaged, hypothecated or otherwise encumbered the Premises Leases, the Additional Collateral Lease or any interest therein, and Debtor has not received any notice that any of Premises Lessors or the lessor under the Additional Collateral Lease have made any assignment, pledge or hypothecation of all or any part of their interests in the Premises Leases or Additional Collateral Lease. Debtor has not received any notice of default from Premises Lessors or the lessor under the Additional Collateral Lease which has not been cured or given any notice of default to Premises Lessors or the lessor under the Additional Collateral Lease which has not been cured. No event has occurred and no condition exists which, with the giving of notice or the lapse of time or both, would constitute a default by Premises Lessors or the lessor under the Additional Collateral Lease or Debtor under any of the Premises Leases or the Additional Collateral Lease. All representations and warranties of Debtor made in this Agreement shall be and will remain true and complete as of and subsequent to the Closing Date as if made and restated in full as of such time and shall survive the Closing.
Premises Leases. Each Premises Lease is in full force and effect, unamended by oral or written agreement, and the Vendor is entitled to the full benefit and advantage of the Premises Leases in accordance with the terms thereof. The Premises Leases are in good standing and there has not been any default by any party under the Premises Leases nor is there any dispute between the Vendor and any landlord under the Premises Leases. The Premises Leases have not been assigned by the Vendor in favour of any Person and, subject to any required consents, the Vendor has full right, title and authority to assign the Premises Leases to the Purchaser.
Premises Leases. Except as disclosed in Schedule 3.1(13) of the Disclosure Letter, the Company is not and, following closing of the Pre-Closing Reorganization, will not be a party to any material Premises Leases.
Premises Leases. Except as disclosed in Schedule 4.1(14) of the Disclosure Letter, the Vendor does not have any Premises Leases in respect of the New Afton Mine.
Premises Leases. None of the Transferred Entities is a lessee to, or under any agreement to become a lessee to, any lease with respect to real property that is material to the Target Business other than the Premises Leases set forth at Section 3.1(14) of the Seller Disclosure Letter, copies of which have been made available to the Purchaser. Except as listed at Section 3.1(14) of the Seller Disclosure Letter, no Consent is required to be obtained by any Transferred Entity nor is any notice required to be given by any Transferred Entity under any material Premises Lease in connection with the completion of the transactions contemplated herein.
