Billboard Lease definition
Examples of Billboard Lease in a sentence
None of TDI, any Subsidiary or, to the Knowledge of TDI, any other party is in material default, violation or breach under any Real Property Lease or Billboard Lease, and no event has occurred and is continuing that constitutes or, with notice or the passage of time or both, would constitute a material default, violation or breach thereunder.
Rents collected under the Billboard Lease shall be prorated based on the current month’s amount of rent due, calculated as of the day of Closing, with B▇▇▇▇ being credited for the per diem rental amounts due on the Closing Date.
All obligations of Seller under the Billboard Lease have been performed, completed, and paid for.
Tenant shall have no right to any rents or profits from the Billboard Lease or any similar billboard leases.
City and ▇▇▇▇▇▇ entered into that certain Billboard Lease (the “Original Lease”) U.
Except for the Leaseback and the Billboard Lease, Seller has not entered into any leases, rental agreements, or other occupancy agreement affecting the Land and Realty.
Seller further represents to Purchaser that except for the Billboard Lease, Seller has not granted any third party has any rights of occupancy or possession of the Land and Realty or any portions thereof, and Seller has not granted any third party the option to purchase the Land and Realty or any portion thereof.
The Billboard Lease, together with any and all amendments, modifications or supplements thereto (the “Billboard Lease”) subject, however to the rights of Seller set forth in the Agreement to rents under the Billboard Lease assigned hereby attributable to the period prior to the date hereof.
An Assignment and Assumption Agreement (the “Assignment and Assumption Agreement”) for the P▇▇▇▇▇▇ Sign Company Billboard Lease and any condemnation damages to be paid by the City of H▇▇▇▇▇▇▇▇ for condemnation of a portion of the Property for Eastgate Road.
Notwithstanding the foregoing, the Buyer acknowledges that the Billboard Tenant is not obligated to provide an estoppel certificate per the terms of the Billboard Lease and that the Billboard Tenant Estoppel shall not be a condition to closing.