Branch Premises definition

Branch Premises means the Real Property and the improvements on the Real Property, and the real property and improvements thereon subject to the Branch Lease.
Branch Premises means the leasehold interest located at Unit▇ ▇-▇▇▇ ▇▇▇ough B-104, inclusive, 901 ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇nsisting of approximately 3,767 rentable square feet.
Branch Premises means (collectively or individually, as the context requires) 1) Seller's full-service banking facilities located at 277 ▇. ▇▇▇▇▇▇ and Annex and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇ County, New Mexico and the lessor's interest in the Leases at the facilities more particularly described in Schedule 6.06, and 2) Seller's Automated Teller Machine located in leased facilities at Picacho Hills Country Club, 6861 ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇ County, New Mexico.

Examples of Branch Premises in a sentence

  • In the event that Purchaser does not deliver a Specified Notice of Election to Seller or Berkshire, as applicable, within fifteen (15) calendar days of delivery of the Closure Notice, Seller or Berkshire, as applicable, may freely close and/or transfer the Specified Owned Branch Premises, without further restriction under this Section 7.10(a) to a proposed transferee.

  • Each party acknowledges that it or he has been represented by counsel in connection with this Agreement.

  • Following receipt of such Closure Notice, Purchaser may exercise its right to purchase the Specified Owned Branch Premises by giving written notice thereof (a “Specified Notice of Election”) to Seller or Berkshire, as applicable, within fifteen (15) calendar days of the delivery of the Closure Notice on terms no less favorable to Seller or Berkshire, as applicable, to those available from a third party.

  • The following representations are made with respect to the Branch Premises and the Branch Property.

  • Neither Seller nor Berkshire are obligated as part of such transaction to include any other assets or liabilities other than the physical property of the Specified Owned Branch Premises.

  • If the Owned Branch Premises are damaged or ------------ destroyed prior to the Closing Date, and if such damage is not fully repaired to the reasonable satisfaction of the Buyer and the Seller by the Closing Date, then the Buyer shall have the option to either consummate or terminate this transaction.

  • Without limiting the foregoing, as of the date hereof, Seller will provide Purchaser with access to Seller's environmental records and such rights of investigation as are possessed by Seller with respect to the Branch Premises for purposes of conducting environmental investigations.

  • Purchaser shall take possession of the Branch Premises and shall open the branch office at the Branch Premises effective at the normal closing of business on the Closing Date notwithstanding the fact that the Closing may not be concluded until later that day.

  • Purchaser shall take possession of the Branch Premises and shall open branch offices at the Branch Premises effective at the normal closing of business on the Closing Date notwithstanding the fact that the Closing may not be concluded until later that day.

  • If the Buyer does not elect to terminate, then the Seller shall assign and transfer to the Buyer on the Closing Date all of the Seller's right, title and interest in and to all insurance proceeds paid or payable to the Seller on account of such damage and the Seller shall have no obligation to repair or restore the Owned Branch Premises.


More Definitions of Branch Premises

Branch Premises means the banking houses presently leased by Seller and occupied by the Branches including safe deposit boxes and certain furniture, fixtures, and equipment located thereon, all as more particularly desribed in the Lease Assignments.
Branch Premises means Seller’s full-service banking facility located at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇, Sun City, Arizona.
Branch Premises means (collectively or individually, as the context requires) 1) Seller's full-service banking facility located in leased facilities at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, New Mexico 88101 and the lessees' interest in the leased facilities more particularly described in Schedule 6.06 , 2) Seller's full-service facility located in leased facilities at ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, New Mexico 87301 and the lessees' interest in the leased facilities more particularly described in 6.06, and 3) Seller's Automated Teller Machine located in leased facilities at the Safeway Grocery Store, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, New Mexico 87301.
Branch Premises means the Real Property, and the improvements on the Real Property and the real property subject to the Branch Lease. "Branch Property" means all furniture, fixtures and equipment and other tangible personal property owned by Seller and located in the Branch Offices (except for Excluded Assets), including, without limitation, the Branch Property described in Schedule 2.1
Branch Premises means Seller's full-service banking facility located at 9899 West Bell Rd, Sun City, Arizona.

Related to Branch Premises

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • residential premises means a house, building, structure, shelter, or mobile home, or portion thereof, used as a dwelling, home, residence, or living place by 1 or more human beings. “Residential premises” includes an apartment unit, a boardinghouse, a rooming house, a mobile home, a mobile home space, and a single or multiple family dwelling, but does not include a hotel, a motel, motor home, or other tourist accommodation, when used as a temporary accommodation for guests or tourists, or premises used as the principal place of residence of the owner and rented occasionally during temporary absences including vacation or sabbatical leave.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • School premises means either of the following: