Site Lease Cancellation Sample Clauses

Site Lease Cancellation. If, during the six (6) month period ----------------------- commencing on the Closing Date ("the Consent Period"), with respect to any consent under Section 2.4(b) (provided that NextMedia Outdoor is not in material -------------- default with respect to such Site Lease as a result of any action taken by NextMedia Outdoor after the Closing Date), all of the following occur: (i) NextMedia Outdoor is unable to obtain the lessor's consent, (ii) NextMedia Outdoor, after using commercially reasonable efforts to negotiate a new lease, does not enter into a new lease for the same or a substantially similar site, and (iii) the lessor terminates the existing Site Lease prior to the expiration of its term (including extension options other than extension options that require lease rate negotiations) (collectively, a "Lease Cancellation Event"); then for each Lease Cancellation Event, NextMedia Outdoor may receive a Lease Cancellation Payment (as defined below) by delivering to PNE a certificate of an officer of NextMedia Outdoor certifying to PNE the occurrence of the Lease Cancellation Event (a "Lease Cancellation Notice"). Each Lease Cancellation Notice shall set forth in reasonable detail a description of the Lease Cancellation Event and shall contain as an attachment copies of documents evidencing NextMedia Outdoor's satisfaction of its obligation to exercise commercially reasonable efforts to negotiate a new Site Lease for the same or a substantially similar site.
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Related to Site Lease Cancellation

  • Site Lease Facilities Lease, including Exhibits A-G

  • Construction Contract If federal funds are included as part of the financing of the non-OPWC portion of the Project, federal law may prevail, including, but not limited to, application of Xxxxx Xxxxx prevailing wage rates, the Xxxxxxxx “Anti-Kickback” Act, the Contract Work Hours and Safety Standards Act, and any federal environmental regulations. Recipient is solely responsible for ensuring compliance with federal requirements applicable to its Local Subdivision Contribution. Notwithstanding the above, the following provisions apply to construction contracts under this Agreement:

  • Construction Contracts Item A: Enter the total dollar amount of all contacts awarded on the project/ program. Item B: Enter the total dollar amount of contracts connected with this project/program that were awarded to Section 3 businesses.

  • Complete Agreement; Modification This Agreement sets forth the entire agreement of the parties with respect to the subject matter hereof, and supersedes any previous oral or written communications, negotiations, representations, understandings, or agreements between them. Any modification of this Agreement shall be effective only if set forth in a written document signed by you and a duly authorized officer of the Company.

  • Complete Agreement; Modifications This Agreement and any documents referred to herein or executed contemporaneously herewith constitute the parties’ entire agreement with respect to the subject matter hereof and supersede all agreements, representations, warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof. This Agreement may be amended, altered or modified only by a writing signed by the Company and the Holders of a majority of the Registrable Securities then outstanding.

  • Construction Schedule The progress schedule of construction of the Project as provided by Developer and approved by District.

  • Ground Lease Reserved.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Ground Leases For purposes of this Exhibit C, a “Ground Lease” shall mean a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Complete Agreement; Construction This Agreement, including the Schedules hereto, shall constitute the entire agreement between the Parties with respect to the subject matter hereof and shall supersede all previous negotiations, commitments and writings with respect to such subject matter. In the event of any inconsistency between this Agreement and any Schedule, the Schedule shall prevail. The rights and remedies of the Parties herein provided shall be cumulative and in addition to any other or further remedies provided by law or equity.

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