ATM Leases definition
Examples of ATM Leases in a sentence
Subject to the terms and conditions of this Agreement, on the Closing Date, Purchaser will acquire valid title to, or in the case of leased Assets (subject to receipt of any required third party consents required under the ATM Leases), a valid leasehold interest in, all of the material Assets, free and clear of any Encumbrances, other than Permitted Encumbrances.
All other transfer taxes in connection with the ATM Leases and the Branch Leases, if any, shall be paid by Seller.
The ATM Leases give Seller the right to occupy the building and land comprising the related Branch in accordance with the terms of such ATM Lease.
Upon receipt of supporting evidence therefor which shall be reasonably satisfactory to Sellers, Sellers shall reimburse Purchaser for up to three million dollars ($3,000,000) of the aggregate cost of (a) printing and mailing of any notices by Purchaser sent pursuant to and in accordance with Sections 10.3, 12.2, 12.5, 12.7, 12.12 and 12.13 and (b) increased rent under the Branch Leases or ATM Leases and payments, fees or charges payable to Landlords in connection with obtaining the Landlord Consents.