Short Term Lease and leases of low-value assets - The Corporation has elected not to recognize right-of-use assets and lease liabilities for leases of low-value assets and short-term leases. The Corporation recognizes the lease payments associated with these leases as an expense on a straight- line basis over the lease term.
Short Term Lease. Buyer shall have delivered to Seller the executed Short Term Lease and Guarantor shall have jointly, severally and unconditionally guaranteed the obligations of Buyer.
Short Term Lease. Counterpart of the Short Term Lease, duly executed by Buyer; and
Short Term Lease. 3 1.16 SNOWFLAKE..........................................................
Short Term Lease. At or after the Closing and if requested in writing by Buyer within five (5) days prior to Closing, Seller or Lawrxxxx, xx applicable, shall enter into a lease agreement with Buyer for the lease of the real property used by Seller in connection with the Business. Such lease agreement shall be in a form satisfactory to Buyer and Seller or Lawrxxxx, xx applicable, and shall include the following terms:
(i) a term of not more than six (6) months;
(ii) monthly rental in the amount of $2,500; and
(iii) standard warranties and indemnities by lessee.
Short Term Lease. During the Estimated LCD Meeting and for a period of thirty (30) days thereafter, Landlord and Tenant shall reasonably cooperate in good faith to identify commercially reasonable alternatives to Tenant’s holdover under its Existing Leases, including extensions of the Existing Leases, leases of alternate space, or, to the extent Landlord or its affiliates has available space in a single location in Mountain View, California that is acceptable to Tenant, in Tenant’s reasonable discretion, signing a short-term lease with Landlord or its affiliate for such space (any such extensions or new leases, collectively, the “Short-Term Lease”). If the Estimated LCD is after March 31, 2014 and Tenant elects a Short-Term Lease Alternative, then Landlord shall pay to Tenant and amount equal to the increase in monthly base rent actually paid by Tenant under the Short-Term Lease from and after January 1, 2014, over (a) prior to the Lease Commencement Date, the amount of monthly base rent and additional rent payable by Tenant under one or both, as applicable, of the Existing Leases for the last calendar month of the lease or sublease term prior to the expiration thereof, and (b) from the after the Lease Commencement Date, Zero Dollars ($0.00) (such amounts, the “Short-Term Lease Damages”), but not to exceed $384,528.60 (the “Short Term Lease Damages Cap”). If the Estimated LCD is prior to March 31, 2014, then Landlord shall not be required to reimburse Tenant for any Short-Term Lease Damages unless Landlord consents in writing to Tenant’s execution of a Short-Term Lease; provided, however, whether or not the Estimated LCD is prior to March 31, 2014, if the landlord or sublandlord under any Existing Lease threatens to commence or actually commences eviction proceedings against Tenant or if Tenant elects to enter into a Short Term Lease with a landlord under one or both of the Existing Lease (rather than holding over) for a term expiring on or before the Estimated LCD, then Tenant may elect to execute a Short Term Lease for the applicable premises under such Existing Lease and Landlord shall thereafter reimburse Tenant for Short Term Lease Damages with respect to such Short Term Lease, provided, however, that the Short Term Leases Damages Cap shall be reduced on a dollar-for-dollar basis by any amount that Landlord has paid for Holdover Lease Damages with respect to such location. In no event shall Landlord be obligated to pay to Tenant for Holdover Lease Damage and Short-Term...
Short Term Lease. Excluding the engines subject to the Sale/Leaseback Lease, WLFC shall use its reasonable commercial efforts to have available or arrange immediate access to spare WLFC Engines then in WLFC's portfolio, of the type specified in Schedule 1 (as amended from time to time by mutual agreement of the parties hereto), for lease to Flightlease, SRT or any Designated Customer, for a term shorter than that described in clause (a) above, as designated by the requesting party (which request shall specify the exact engine requested and identify the air carrier that will operate such engine), with the concurrence of WLFC, and otherwise on preferential pricing (as described in clause (c) below) and other competitive terms and conditions reasonably satisfactory to such requesting party and WLFC. 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 as soon as possible and within any specific period of time as mutually agreed between the parties to such lease. Flightlease and SRT shall provide WLFC from time to time an anticipated schedule of the time periods during which WLFC Engines of a particular type may be required for lease under this clause (b), and WLFC shall use its reasonable commercial efforts to arrange for the availability of such WLFC Engines in accordance therewith.
Short Term Lease. In the event you are entering into a Short Term Lease (less than one year), you have been charged a Short Term Rental Fee of $750.00. In the event you are entering into a one-year lease and require early termination of your lease, we will assist you in finding a new tenant. You will be charged a one time secure tenant fee of $750.00, plus all advertising costs involved in marketing the property and the full rent until the property has been rerented. All terms and conditions of your lease during this period will still apply. We also offer a LEASE BUY-OUT please request more information from our office.
Short Term Lease. Prior to the expiration of the Contingency Period, Buyer and Seller shall agree upon the terms and form of short term lease ("Short Term Lease") for Seller to occupy the Property following the Close of Escrow. The terms and conditions of the Short Term Lease shall include a monthly base rental rate of One Hundred Thirty Two Thousand Six Hundred and 00/100 Dollars, shall be "triple net", with Seller to pay for all costs and expenses in connection with the Property during the term of such lease (including, without limitation, taxes, insurance and operating expenses), shall be for a term of three (3) months (or as otherwise agreed to by the parties), and shall otherwise be upon the business and other terms agreed to by the parties prior to the expiration of the Contingency Period.
Short Term Lease. Sellers will deliver a short term lease of Company's existing corporate offices in Sioux City, Iowa to Buyer for a term no longer than thirty (30) days after closing with no rent to be paid.
