Exchange Premises definition

Exchange Premises means Exchange Premises as defined in Paragraph 37.
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Exchange Premises means Exchange Premises as defined in Paragraph 37. "Fair Market Value" shall mean (a) with respect to a determination of Fair Market Value under Paragraph 21
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Examples of Exchange Premises in a sentence

  • Notwithstanding the foregoing, Tenant acknowledges and agrees that, so long as the Mercury Lease remains in effect, Tenant shall not have the right to Exchange any Obsolete Premises for an Exchange Premises, unless such proposed Exchange part of a concurrent Exchange and termination by Mercury of the Corresponding Related Premises in accordance with Paragraph 37 of the Mercury Lease and the Exchange Premises has a use which is substantially similar to the use of the Obsolete Premises.

  • Notwithstanding the foregoing, Tenant acknowledges and agrees that, so long as the UHS Lease remains in effect, Tenant shall not have the right to Exchange any Obsolete Premises for an Exchange Premises, unless such proposed Exchange part of a concurrent Exchange and termination by UHS of the Corresponding Related Premises in accordance with Paragraph 37 of the UHS Lease and the Exchange Premises has a use which is substantially similar to the use of the Obsolete Premises.

  • Landlord and Tenant shall promptly commence to determine the Fair Market Value of the Exchange Premises.

  • From and after the date of an Exchange (i) the Exchange Premises shall be a Related Premises, subject in all respects to the terms of this Lease, and the Lease shall be amended accordingly, and (ii) this Lease shall terminate with respect to the Obsolete Premises, except for Surviving Obligations relative to the Obsolete Premises.

Related to Exchange Premises

  • Exchange Property has the meaning set forth in Section 11(a).

  • 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

  • Common space means an area on which two or more information functions (e.g. symbol) may be displayed, but not simultaneously.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Off-premises sign means a sign relating, through its mes­ sage and content, to a business activity, product, or service not available on the premises upon which the sign is erected.