The Facility Lease iii. a Collateral Assignment of Permits, Approvals, Licenses, and Contracts of even date granted by the Lessee to the Lessor (the "Lessee Permits Assignment") and related UCC Financing Statements;
iv. a Security Agreement of even date by and between the Lessee and the Lessor (the "Security Agreement");
The Facility Lease. The Lessor and the Lessee have entered into that certain Facility Lease Agreement of even date herewith (the "Facility Lease") relating to the Land and the Improvements (as hereinafter defined), a Notice of which is to be recorded with the Clerk/Prothonotary of _____________________________.
The Facility Lease a Collateral Assignment of Permits, Approvals, Licenses, and Contracts of even date granted by Lessee to Lessor (the "Permits Assignment");
The Facility Lease. Lessor and Lessee have entered into that certain Facility Lease Agreement of even date herewith, relating to the Land (the "Facility Lease"), a Memorandum of which is to be recorded with the Sarasota County, Florida real estate records.
The Facility Lease. Lessor and Lessee have entered into that certain Facility Lease Agreement of even date herewith, relating to the Land (the "Facility Lease"), a Memorandum of which is to be recorded with the Coconino County, Arizona real estate records.
The Facility Lease. The Lessor and the Lessee have entered into that certain Facility Lease Agreement of even date herewith (the "Facility Lease") relating to the Land and the Improvements (as hereinafter defined), a notice of which is to be recorded with the Clerk/Prothonotary of Union County, Pennsylvania.
The Facility Lease. Lessor and Lessee have entered into that certain Facility Lease Agreement of even date herewith, relating to the Land (the "Facility Lease"), a Memorandum of which is to be recorded with the Xxxxx County, Utah real estate records.
The Facility Lease. The CFPF and Dignity will enter into a facility lease (the “Facility Lease”) prior to the start of construction with the following terms:
The Facility Lease. With respect to the Lease: (a) such Lease is in full force and effect, Seller and Landlord are in compliance with such Lease including payment of all rent due and payable under such Lease and performance of the respective obligations of the parties thereto, and no event has occurred or circumstance exists which, with the delivery of notice, passage of time or both, would constitute a breach or default of such Lease; (b) neither Seller nor the Landlord has either received nor given a notice of any default or event that with notice or lapse of time would constitute a default under the Lease; (c) Seller holds a valid tenant’s leasehold interest in the Leased Premises free of any Liens and (d) Seller has not subleased, assigned or otherwise granted any other parties the right to use or occupy any of the Leased Premises or any portion thereof.
The Facility Lease. Subject to the provisions of Section 13 hereof, on the Closing Date, Seller shall assign to Purchaser the lease for the Facility where the Gendex Division currently conducts its operations, and Purchaser shall assume Seller's obligations thereunder. Seller represents that there are no existing tax abatements or pending assessments in connection with the premises upon which the Facility is located which affect the Business. Seller has obtained and delivered to Purchaser the landlord's consent to such assignment, a copy of which is attached as Schedule 7.6, including the options for the renewal of the Facility lease (the "Landlord Consent"). Purchaser's obligations in connection with the assumption of the Facility lease are expressly contingent upon (i) the receipt by Purchaser of a satisfactory engineer's report, and (ii) the receipt by Purchaser of a satisfactory Phase I environmental audit. The cost of such audit shall be allocated in accordance with the Environmental Due Diligence Agreement, a copy of which is attached as Schedule 7.6A.
