Common use of Unexecuted Lease Clause in Contracts

Unexecuted Lease. The submission of this Lease for review or execution does not constitute a reservation of or option for the rights conferred herein. This Lease shall become effective as a lease only upon execution and delivery thereof by both Lessor and Lessee.

Appears in 3 contracts

Samples: Senior Note Purchase Agreement (Ihop Corp), Intercreditor Agreement (Ihop Corp), Ground Lease (Monmouth Community Bancorp)

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Unexecuted Lease. The submission of this Lease for review or execution does not constitute a reservation of of, or option for for, the rights conferred herein. This Lease shall become effective as a lease only upon its execution and delivery thereof by both Lessor Landlord and LesseeTenant.

Appears in 1 contract

Samples: Oak Ridge Financial Services, Inc.

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Unexecuted Lease. The submission of this Lease for review or ---------------- execution does not constitute a reservation of or option for the rights conferred herein. This Lease shall become effective as a lease only upon execution and delivery thereof by both Lessor and Lessee.

Appears in 1 contract

Samples: Senior Note Purchase Agreement (Ihop Corp)

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