Tenancies. 24.1 If a tenant has not made a payment for a period preceding or current at the adjustment date –
Tenancies. The Property will be conveyed subject to the following leases and tenancies for possession of the Property: 348 349 350 351
Tenancies. Tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them Tenancy schedule The tenancy schedule (if any) forming part of the special conditions.
Tenancies. 5.3.1 Neither the Seller nor any Group Company has agreed to the creation of any tenancies of or licences to occupy the Approved Project or any part(s) thereof.
Tenancies. (A) The Tenancies are all good, valid and subsisting and have in no way become void or voidable.
Tenancies the lot is sold subject to any tenancies or occupancies disclosed in the special conditions but otherwise is sold with vacant possession.
Tenancies. The title of Seller to the Property at Closing shall be subject to the rights of persons and/or entities which are currently tenants of the Property pursuant to the Lease, as set forth on Exhibit D annexed hereto, and persons, and/or entities which shall hereafter become tenants of the Property pursuant to leases entered into in accordance with this Article 5 (the “Tenancy” or “Tenancies” and any lease entered into in accordance with this Article 5 shall constitute a “Lease” hereunder and, together with the Lease, shall constitute the “Leases” hereunder). It is distinctly understood and agreed that Seller does not undertake or guarantee that the Tenancies existing on the date hereof will be in force and effect at Closing, and Purchaser agrees that the removal or vacation of tenants prior to Closing shall not give rise to any claim on the part of Purchaser under paragraph 15 hereof. With Purchaser’s consent, Seller shall have the right, but not the obligation, to institute summary proceedings or take such other legal action as it desires in the event of any default or failure of a tenant to perform under its lease prior to Closing. In addition, with Purchaser’s consent (which shall not be unreasonably withheld, conditioned, or delayed), Seller may apply the security deposit of any tenant who is in default under such tenant’s lease prior to Closing. Seller may not without the consent of Purchaser, lease any space now vacant or which may become vacant between the date hereof and Closing, or modify or renew any existing Tenancy. The expenses and costs incurred by Seller in connection with any such lease for decorating, repairs and brokerage commissions pursuant to the Commission Agreement, shall be prorated over the term of such lease and Purchaser shall assume and pay such costs for the lease period from the Closing Date to the date of expiration of such. Purchaser agrees to assume the obligations of Seller under the Lease and the Commission Agreement first arising from and after the Closing Date (including, by way of example and not limitation, any obligations under the Commission Agreement relating to an expansion, extension, or renewal of a lease which event occurs after the Closing Date), except that the Seller shall be solely responsible for the lease commissions arising pursuant to agreements other than the Commission Agreement and/or relating to the original Lease and initial term thereof. Purchaser and Seller shall each indemnify the other from and ag...
Tenancies. 2.1 All Tenants must complete and sign a Tenancy Agreement. Each plot will be in the name of one Tenant. Groups or organisations must be approved by the Council; such Tenancies will be in the name of one person known as the Principal Tenant.
Tenancies. In relation to each of the Owned Real Properties which is subject to any lease, underlease, tenancy, licence or other agreement or arrangement giving rise to rights of occupation and enjoyment ("tenancy") each tenancy is summarised in Schedule 11, and contains no unusual or onerous provisions.
Tenancies. As of the date of this Agreement, none of the Real Property is under lease to any person, firm, or entity; and, no oral or written agreements have been entered into by Seller which commit to lease all or any portion of the Real Property subsequent to the date of this Agreement. To the best of Seller's knowledge, there is no adverse possession of all or any part of the Real Property.
