Assumed Lease definition

Assumed Lease means the leases for the facilities located at (i) 200 Napoleon Street, San Francisco, California, (ii) 145 South Hill Drive, Brisbane, California (iii) 401 Jackson Street, Oakland, CA and (iv) 3345 Paul Davis Drive, Marina, California.
Assumed Lease means the ground lease for the San Antonio Facility assumed by Landlord and identified as a “Permitted Exception” on Exhibit B hereto
Assumed Lease means (i) a lease or renewal having a commencement date within 6 months of Tenant's Notice for space of approximately the same size as the Premises of the Building or a "Comparable Building," as hereinafter defined, located in a portion of the Building or such Comparable Building, and with a view and floor height similar to the portion of the Premises for which Prevailing Market Rental Rate is being determined, for a term equal in length to the Option Term; (ii) assuming that a real estate commission is payable with respect to such lease to the extent a third-party commission with respect to extension is agreed or obligated to be paid by Landlord; and (iii) taking into consideration and making adjustment to reflect allowances and concessions provided in Landlord's Notice, if any, and the use of the Base Operating Expenses provided in Section 1.5 during the Option Term. "Comparable Building" shall mean any existing building or building hereafter constructed in the Dulles corridor of northern Virginia which is of a size, location, quality and prestige comparable to, and with a size and efficiency of floor plate, amenities, and with tenants of a stature reasonably comparable with the Building, provided that appropriate adjustments shall be made to adjust for differences in the size, location, age, efficiency of floorplate, and quality between such other buildings and the Building.

Examples of Assumed Lease in a sentence

  • Schedule 4.11 lists the Assumed Lease and the real property (or portion thereof) leased, subleased, licensed or sublicensed to a Seller or 3D Korea pursuant thereto (the “Leased Real Property”) (including the address, date and names of the parties to such Lease), which constitutes all of the real property that is leased, occupied or used primarily for the operation of the Business.

  • The Sellers have delivered to the Buyer a correct and complete copy of the Assumed Lease set forth on Schedule 4.11.


More Definitions of Assumed Lease

Assumed Lease is defined in Section 33.20(a).
Assumed Lease means each lease specifically identified on Schedule 4.5, together with all amendments, modifications, alterations and other changes thereto, except for the Assumed Real Estate Lease.
Assumed Lease has the meaning set forth in the definition ofPurchased Assets”.
Assumed Lease. As defined in subparagraph 4(c).
Assumed Lease has the meaning set forth in Section 4.8(a).
Assumed Lease is defined in Section 1.1(n) of the Agreement.
Assumed Lease is defined in Section 5.12 of the Agreement.