City Leases definition
Examples of City Leases in a sentence
The City of Shreveport shall have terminated the Parent’s guaranty of the City Leases.
The City of Shreveport and the State of Louisiana shall deliver the following estoppels: (i) the estoppel of the City Leases in the form attached hereto as Exhibit I; and (ii) the estoppel of the State Lease in the form attached hereto as Exhibit J.
At the Closing, Simon shall assume the Commerce City real estate leases (the "Commerce City Leases"), subject to leases providing for continued subtenants on substantially the same terms until December 2001, such that the net rental to be paid by Simon (including the amount for leasehold improvements) is approximately $15,000, pursuant to the Commerce City Real Estate Assignment and Assumption Agreement attached as Exhibit G or such other agreement as is acceptable to Simon, the Company, and the landlord.
The Required Consents relating to the Kansas City Leases and Kansas City Contracts.
Except as specifically provided in this Agreement, cancel, amend, modify adversely, assign, encumber or in any way discharge or terminate any of the Kansas City Leases or Kansas City Contracts.
It is a standard practice for City Leases to include annual escalations for these fees.
Such Bills of Sale and assignments and other instr▇▇▇▇ts of transfer and conveyance, transferring to Entercom the ARS Property to be sold, transferred or assigned hereunder and the rights and interests under the Kansas City Leases and Kansas City Contracts being assigned to Entercom hereunder.
To the knowledge of ARS and ARS License, all other parties to the Kansas City Contracts and Kansas City Leases have complied in all material respects with the provisions thereof and no event has occurred which with the passage of time or the giving of notice or both would constitute a material default by any such other party thereunder.
Of this amount Simon shall pay to Company the monthly amount of $5,250 for leasehold improvements, which shall be due and payable at the same time that monthly rental payments are due under the Commerce City Leases.
ARS has delivered to Entercom true and correct copies of all of the Kansas City Leases listed on Schedule 4.