Seller's Lease. 3. All Space Licenses referred to in Schedule 5(v), if any
Seller's Lease. Purchaser shall assume and be responsible for all of Seller’s obligations under the existing real property lease for Seller’s warehouse facility located at 3967, 3969, 0000 Xxxx Xxxx Xxxx Xxxx, Xxxxxxxx, Xxxxxxxx 00000.
Seller's Lease. During the term of the Lease Agreement, Seller shall pay all rent that is due pursuant to that certain lease between Seller and Raytheon Company (as described in the Lease Agreement) and Seller shall not violate any terms or conditions under such lease which should permit Raytheon Company to terminate such lease pursuant to its terms; provided, however, that Purchaser is not in default under the terms of the Lease Agreement.
Seller's Lease. It shall be a Seller's Closing Condition that Buyer and Seller shall have each executed and deposited into Escrow the Seller's Lease.
Seller's Lease. Exhibit K to this agreement is a complete and accurate legal description of the parcel of real property leased to Seller. Exhibit K contains a description of all buildings, fixtures, and other improvements located on the properties. The Lease listed in Exhibit K is valid and in full force, and there does not exist any material default or event that with notice or lapse of time, or both, would constitute a material default under the Lease. The Premises Lease constitutes the entire agreement of the Landlord and Tenant thereunder, and there are no other agreements or arrangements whatsoever relating to Seller's use or occupancy of the Premises.
Seller's Lease. Exhibit M to this Agreement is a complete and accurate -------------- legal description of the real property leased to Seller at 00 Xxxxx Xxxxxxx, Xxx Xxxx, Xxxxxxxxxx. Exhibit M contains a description of all buildings, fixtures, and other improvements located on such real property. The lease listed in Exhibit M is valid and in full force, and there does not exist any material default or event that with notice or lapse of time, or both, would constitute a material default under this lease.
Seller's Lease. (a) During the Inspection Period, the Seller and the Purchaser shall in good faith negotiate the terms of a lease agreement (the "ECC Lease") whereby the Seller shall lease on what is commonly referred to as a "triple net" basis from the Purchaser premises (the "Leased Premises") consisting of a minimum of 150,000 square feet of rentable building area, said Leased Premises to be contained within a portion of the Real Property identified as Building "H" on EXHIBIT "D" attached hereto and made a part hereof. The ECC Lease shall be for a minimum term of ten (10) years, with the tenant thereunder having the right
Seller's Lease. Seller shall continue to occupy all of the Buildings after the Close of Escrow pursuant to a Lease in the form attached hereto as Exhibit “D” (“Lease”), which Seller and Buyer shall execute and deliver into Escrow prior to the Close of Escrow.
