Examples of Interim Lease in a sentence
Nothing in this Lease impacts Landlord’s rights under the Interim Lease before the Lease Commencement Date, including the right to terminate for default in accordance with its terms.
INTERIM LEASE REVENUES 33 6.1 Distribution of Interim Lease Revenues.
If the Closing has not occurred by the Primary Target Closing Date, the City will prepare and deliver to CSU within fifteen (15) Business Days after the Primary Target Closing Date a draft of the CSU New Lease based on and consistent with the terms of the CSU New Lease Summary, which when fully executed will supersede the CSU Interim Lease.
All distributions to Developer of Net Interim Lease Revenues under clause (a)(iii) shall be withheld for the benefit of the Navy upon the occurrence of and for the duration of any default in the payment of Initial Navy Consideration under the Conveyance Agreement.
The Parties acknowledge and agree that the CSU Existing Occupancy Agreement shall terminate by operation of merger upon the Closing, or if applicable, upon commencement of the CSU Interim Lease.