Lease Conditions definition

Lease Conditions means each of the following: (i) Walgreens Co. is the tenant under the Lease and (ii) the Tenant or any Affiliate guaranteeing the obligations of Tenant under the Lease has an Investment Grade Rating. CVS-Greencastle, PA. The Mortgage provides that the amount of casualty insurance for law and ordinance coverage required to be obtained by the Mortgagor for the Mortgaged Property is limited to $100,000. Westshore Cove. The Mortgage permits the deductible for windstorm insurance coverage to be as follows: (i) with respect to hurricane coverage, not greater than 5% of full replacement cost, (ii) with respect to a named storm, not greater than 15% of the total amount of required coverage (subject to a minimum of $922,482 per occurrence) and (iii) with respect to all other wind and hail perils, not greater than $100,000. The Mortgage provides that with respect to such windstorm insurance coverage, Citizens Property Insurance Company constitutes an acceptable insurer, regardless of its financial strength or claims paying ability rating.
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Lease Conditions means the conditions contained in this Part of the Schedule;
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Lease Conditions. The conditions of the agreement as given below.
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Examples of Lease Conditions in a sentence

  • Subject to and conditioned on the satisfaction of the Lease Conditions, Tenant hereby leases from Landlord, and Landlord hereby leases to Tenant, the Premises upon the terms and conditions set forth herein.

  • If for any reason any of the Lease Conditions are not satisfied by December 1, 2014, then this Lease shall automatically be deemed void and of no further force or effect.

  • In so far as not provided otherwise below, this Lease is subject to the State Property Service’s General Lease Conditions for Unbuilt Immovable Property 2008, hereinafter referred to as “the General Terms and Conditions”.

  • The term of this Lease (the “Term”) shall commence on the later of (the “Commencement Date”) (i) August 1, 2014, and (ii) the date by which the Lease Conditions have been satisfied, and end on July 31, 20 (the “Expiration Date”), unless this Lease is sooner terminated or extended pursuant to its terms.

  • From time to time after the Series Closing Date, on any Business Day upon which the Master Lease Conditions are satisfied, any Issuer may acquire one or more Additional Master Lease Properties from a Tenant under a Lease or Master Lease that is already included in the Collateral Pool.

  • Tenant will pay to Landlord, as Additional Rent, and all charges set forth in this Lease in accordance with the Standard Lease Conditions.

  • The term "Lease Conditions" means each of the following: (i) Walgreens Co. is the tenant under the Lease and (ii) the Tenant or any Affiliate guaranteeing the obligations of Tenant under the Lease has an Investment Grade Rating.

  • The Other Party declares that it has received copies of the General Conditions for Wind Turbines and the General Lease Conditions before the Agreement is concluded, is entirely familiar with the content of these Conditions and accepts their applicability in their entirety in so far as not provided otherwise in the present Agreement or in future agreements.

  • This Lease Agreement consists of this Lease Cover Page, the Standard Lease Conditions attached hereto (consisting of Sections 1 through 16), and the Riders designated below executed by Landlord and Tenant.

  • If any provision of these Lease Conditions is contrary to, prohibited by or deemed invalid under applicable law or regulation, such provision shall be inapplicable and deemed omitted to the extent so contrary, prohibited or invalid, but the remainder hereof shall not be invalidated thereby and shall be given full force and effect so far as possible.

Related to Lease Conditions

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

  • these Conditions means the standard terms and conditions of purchase set out in this document and (unless the context otherwise requires) includes any special terms and conditions agreed in writing between the Buyer and the Seller;

  • Release Condition means the following:

  • Licence Conditions means the licence terms and conditions contained in this document, as amended from time to time in accordance with this agreement.

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.