Ballpark Lease definition
Examples of Ballpark Lease in a sentence
In the event of a failure of such contest, and if the planned improvements are finally found and determined not to be exempt and to be subject to ad valorem taxation, Tenant shall pay such taxes before the same become delinquent, subject to Tenant’s general right of contest contained in Section 3.2. Such payments shall not offset the rent payable under the Former Ballpark Lease or New Ballpark Lease.
Seller shall provide Purchasers with fully executed and recorded (as applicable) copies of the Lot J Easement, Ballpark Lease Assignment and Centerfield Office Lease Assignment when available, but in any event prior to the issuance of the Title Update.
The term of this Lease (the “Term”) shall be for a period commencing on the Commencement Date and ending at 11:59 p.m. on the last day of the term of the Former Ballpark Lease or New Ballpark Lease (whichever is the later to expire or terminate), unless earlier terminated in accordance with this Lease.
That certain Amended and Restated Ballpark Lease Agreement dated December 13, 2019, between the City, as Landlord, and Rangers Baseball Real Estate LLC, a Delaware limited liability company, as tenant, covering the Former Ballpark, as the same may be further amended or supplemented from time to time.
That Ballpark Lease Agreement dated June 13, 2007, as amended, between the City of Arlington, as landlord, and Rangers Baseball LLC, as tenant, in respect of the Ballpark.
This Amended and Restated Rangers Ballpark Lease Agreement by and between Landlord, as landlord, and Tenant, as tenant, covering the Rangers Complex.
On the fifteenth (15th) day of each month, Tenant shall (i) pay over to Landlord (or, at the direction of Landlord, directly to the tenant under the Ballpark Lease), an amount equal to the Ballpark Lease Parking Contribution and (ii) deliver to Landlord a Parking Rent Statement in accordance with Section 36.1(b).
Further, Optionee shall have the right at any time, without the consent of Optionor, but only with the written consent and agreement of TeamCo confirmed in writing to Optionor, to sell or assign all, but not less than all, of the rights of Optionee hereunder to the acquirer of Tenant’s interest in the Ballpark Lease in connection with the sale or assignment of the Ballpark Lease, so long as the Ballpark Lease remains a “net lease” as described in Section 14.14 of the Ballpark Lease.
Agreement dated February 12, 2009, and that Second Amendment to Ballpark Lease Agreement dated May 13, 2010 and that Third Amendment to Ballpark Lease Agreement executed on July 3, 2017.
If any inconsistency exists or arises between the terms of this Amendment and the terms of the Ballpark Lease or First Amendment, the terms of this Amendment shall prevail.