Examples of Lease Purchaser in a sentence
Except for the Facility Lease, Purchaser shall not assume any contracts, equipment leases or leases, and Seller shall remain fully liable for all obligations thereon.
Except for the proration of rents as aforesaid, there shall be no proration of normal and customarily pro ratable items as the parties agree that Tenant are required to pay, pursuant to the terms of the Lease, all items usually prorated in transactions of the type described herein; PROVIDED, that if Tenant does not pay such amounts under the terms of the Lease, Purchaser shall not have, and Purchaser hereby waives and releases, any claim against Seller for payment of such amounts.
Notwithstanding anything herein to the contrary, in the event a Take-Back Lease is terminated as a result of a default by Seller under such Take-Back Lease, Purchaser may elect to accelerate the Occupancy Delivery Date for such Property to a date prior to the First Occupancy Delivery Date or the Second Occupancy Delivery Date.
To the extent Seller or its affiliate has paid security deposits to any landlord under the Real Property Lease, Purchaser shall pay the amount of such security deposits to Seller at Closing, or such amount shall be credited to Seller on the Closing Statement.
Pursuant to the GIS Lease, Purchaser was granted a period of time (the "Feasibility Period") during which it was allowed to inspect the Project prior to the exercise of its option to purchase the Project.
Notwithstanding the foregoing, in the event that the parties to a Business Contract or Real Property Lease fail to give any consent to assignment to Purchaser required under such Business Contract or Real Property Lease, Purchaser shall be liable for the liabilities under such Business Contract or Real Property Lease only to the extent Purchaser has actually obtained the benefits thereunder.
With respect to each Assigned Lease, Purchaser shall provide adequate assurance as required under the Bankruptcy Code of the future performance of such Assigned Lease by Purchaser.
Except as expressly provided herein, or in the Lease, Purchaser expressly acknowledges and agrees that it is not relying on any representations or warranties of any kind whatsoever, express or implied, from Seller, its attorneys, agents, representatives or any party purportedly acting on behalf of Seller as to any matters concerning the Property.
Except as expressly provided herein or in the Lease Purchaser hereby further acknowledges that any information Seller or Cushman & Wakefield of MA, Inc.
With respect to each Assumed Contract and Assumed Lease, Purchaser shall provide adequate assurance of the future performance of such Assumed Contract and Assumed Lease by Purchaser.