Examples of Acquired Lease in a sentence
If a tract has multiple activities (e.g., Fee Acquired and Restored), then create a separate line for each activity.• Activity Type: Fee Acquired, Fee Donated, Easement Acquired, Easement Donated, Lease Acquired, Lease Donated, Restored, Enhanced, Wetlands Established.• Wetland acres, upland acres, and riparian miles within each tract.
If a tract has multiple activities (e.g., Fee Acquired and Restored), then create a separate line for each activity.• Activity Type: Fee Acquired, Fee Donated, Easement Acquired, Easement Donated, Lease Acquired, Lease Donated, Restored, Enhanced, Wetland Established.• Wetland acres, upland acres, and riparian miles within each tract.
Upon request from the Company, Parent agrees to provide a guarantee of Purchaser Sub’s obligations under any or all of the Acquired Leases in form and substance reasonably satisfactory to the landlord party to such Acquired Lease and the Company.
Parent shall guarantee any Acquired Lease as required pursuant to Section 6.2(a) hereof.
The Company and its Affiliates have a valid leasehold interest in all properties subject to an Acquired Lease, free and clear of all Liens except for Permitted Liens.
At Closing, Parent shall reimburse the Company for any cash or other collateral posted by the Company or its Affiliates resulting from renewing, extending, amending or supplementing any Acquired Lease for any period after the Closing, and each Party shall reimburse the other Party in accordance with Section 2.2(e) for any payments by a Party in connection with any actions such Party takes with respect to obtaining any consents to assign the Acquired Leases.
From the Closing Date to the applicable Release Date, Buyer shall provide Parent with prompt written notice upon entering into any renewal, extension, amendment or supplement of any Acquired Lease resulting in an extension of such Acquired Lease.
Upon request from Parent or Seller, Fred’s agrees to provide a guarantee of Buyer’s obligations under any or all of the Acquired Leases in form and substance reasonably satisfactory to the landlord party to such Acquired Lease and Parent.
Except for the Proceedings listed in Sections 8.4(a) or 8.8 of the Disclosure Schedule, to Seller’s Knowledge as of the date hereof, (a) each of the Acquired Leases is in full force and effect, (b) Seller is not in breach or default in any material respect with respect to any of its obligations under any Acquired Lease and (c) no lessor under any Acquired Lease has given written notice to Seller of any action to terminate, cancel, rescind, repudiate, or procure a judicial reformation of any Acquired Lease.
Other than as contemplated by this Agreement, the Related Agreements, any Acquired Lease or any Material Contract, no material property improvements (including leasehold improvements), material equipment or other material tangible assets owned by the Company and used solely in the Business (and not constituting a Retained Asset) are subject to any commitment or other arrangement for their sale or use by any Affiliate of Seller or DEI or third parties.