Lease Extension definition
Lease Extension means extension of the expiration date of a lease to provide for continued occupancy on a short term basis.
Lease Extension means extending the term of an existing lease.
Lease Extension at least 5 years prior to the end of the initial term, the Trust may elect to extend the term of the Prepaid Residential Lease for a minimum of 25 years and during such extension term each Owner will pay its proportionate share of the fair market rent relating to the Project Site (not including the Project building).
Examples of Lease Extension in a sentence
The French Master Lease Extension Agreement shall become effective on the date stated therein (subject to the deemed extension provision in this Sub-Clause 3.1(e) (Extension/Renewal of Term)).
In the event LANDLORD agrees to any lease with a contracted term over 1 year, an additional Lease Extension fee of $300 is due upon execution above and beyond Leasing or Renewal Fee.
Agent shall promptly deliver to Lessor and each Participant three (3) copies of each Lease Extension Request received by Agent.
Any failure by Lessor or any Participant so to execute and return a Lease Extension Request shall be deemed a denial thereof.
Lessee has executed this Lease Extension Request on the date set forth above.
More Definitions of Lease Extension
Lease Extension is defined in Section 7.15(b).
Lease Extension means extension of the expiration date of a lease to provide for
Lease Extension shall have the meaning provided in Section 2.16(a) of the Participation Agreement.
Lease Extension. 4421 McLeod NE Albuquerque, NM Lessor: Don W McLeod McLeod Business ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇: North Star Researc▇ ▇▇▇▇. ▇▇▇▇a▇▇ ▇▇▇er Original Lease: August 1, 1995 Extension terms: 3 ye▇▇▇, $▇,▇▇▇,▇0 early buyout after first year of extension Monthly Rates: 9/1/2001--8/31/2002 $4,583.82 9/1/2002--8/31/2003 $4,721.33 9/1/2003--8/31/2004 $4,862.97 Lessor to pay $1,400.00 carpet & VCT allowance All other terms to be the same as original lease dated August 1, 1995 /s/ Don W. McLeod /s/ Richard J Adler ------------------------------ ---------------------------------------- McLeod Business Properties North Star Research ▇▇▇▇ ▇EFFERSON N.E. ALBUQUERQUE, NEW MEXICO 87109 (505) 883-5969 ▇▇▇▇▇▇▇▇▇ ▇▇ase McLeod Business Properties, "Lessor", and North Star Research Corpor▇▇▇▇▇, "Lessee", entered in to a Lease Agreement dated August 1, 1995 and amended August 7, 1998 and July 20, 2001. In consideration of this Lease, Lessor agrees to a Temporary Lease for the space contained at 4421 McLeod, Suite "B", Albuquerque, NM 87109 containing approximate▇▇ ▇,▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ of office/warehouse. This lease shall be for three (3) months beginning April 1, 2003. The monthly rent shall be $2,900.00 per month, plus utilities. The Premises shall be accepted "as is" and utilities shall be placed in Lessee's name. Lessee shall be responsible for repair or replacement for damages to the premises during the term of this agreement. Lessee agrees to comply with and be bound by the terms and conditions of the Lease referenced above while using such temporary space, including compliance with the insurance requirements contained therein. Upon the expiration of this Temporary Lease on June 30, 2003 this lease shall revert to a month-to-month lease, which may be terminated by either party with thirty (30) days written notice to the other party. This Temporary Lease can be terminated by either party, effective June 30, 2003, by providing written notice to the other party by June 1, 2003. Additionally, the Lessor hereby grants to Lessee, a First Right of Refusal to lease suite "B" on a permanent basis. Upon Landlords receipt of a bona fide Letter of Intent to lease suite "B", Lessor shall forward such offer to Lessee. Lessee shall have forty-eight (48) hours, from receipt, to accept or reject the terms and conditions of such offer in writing. If Lessee accepts such terms and conditions for suite "B", Lessor shall prepare an amendment to the Lease for Lessee's execution, which incorporates such space a...
Lease Extension means the Lease Extension between Brial and Krys▇▇▇ ▇▇ the form attached as Exhibit F.
Lease Extension has the meaning set forth in the Recitals. “Leases” means with respect to Leased Real Property, all leases, subleases and other agreements (written or oral) pursuant to which the Company holds its leasehold or subleasehold (as applicable) interest in such Leased Real Property, as the same may be amended, modified or supplemented. “Lien” means any mortgage, pledge, security interest, encumbrance, lien, charge, hypothecation, infringement, deed of trust, deed to secure debt, charge, encroachment, easement, right of first refusal, option, restriction on transfer, defect in title, voting agreement or any other restriction of a similar kind or similar nature in or on any asset (including equity or security interests of any Person held by another Person), property or property interest. “Losses” has the meaning set forth in Section 9.2. “Material Adverse Effect” means any effect, event, occurrence, condition, circumstance, or change that, individually or in the aggregate, has, or would reasonably be expected to have, a material adverse effect upon the condition (financial or otherwise), assets, business or results of operations of the Company (after giving effect to the Reorganization) or the Business; provided, however, that none of the following (or the results thereof) shall be taken into account, either alone or in combination, in determining whether a Material Adverse Effect has occurred: (i) economic, banking, currency or capital market conditions, (ii) any political conditions, including acts of war, declared or undeclared, outbreaks or escalations of hostilities, or acts or threats of terrorism, (iii) changes in IFRS or similar accounting standards, (iv) changes in any Laws including the interpretation or enforcement thereof, (v) any change that is generally applicable to the industries or markets in which the Business operates, (vi) the announcement of the Transactions (including by reason of the identity of Buyer) or any communication by Buyer or any of its Affiliates regarding their respective plans or intentions with respect to the Business, and including the impact thereof on relationships with customers, vendors, partners or employees, (vii) any effects or consequences of any epidemic, pandemic or disease outbreak (including any coronavirus) or any civil protests, riots or other civil unrest or (viii) any failure by the Business to meet any internal or published projections, forecasts or revenue or earnings predictions for any period ending on or af...
Lease Extension shall have the meaning provided in Section 2.16(a) of the Participation Agreement. “Lease Extension Term” shall have the meaning provided in Section 2.16(a) of the Participation Agreement. “Lease Guaranty” shall mean that certain Guaranty, dated as of the Closing Date, from the Guarantor to the Beneficiaries (as defined therein), made in connection with the Overall Transaction. “Lease Supplement” shall mean each supplement to the Lease Agreement in the form attached to the Lease Agreement as Exhibit A thereto, delivered on the Base Term Commencement Date pursuant to Section 3.1 of the Participation Agreement. “Lease Term” shall have the meaning provided in Section 2.2 of the Lease.