Examples of Leaseback Agreement in a sentence
Notwithstanding anything contained herein or in the Leaseback Agreement to the contrary, in the event the exemption from Real Estate Taxes is denied for any reason, the Company shall pay (and hereby agrees to pay) all Real Estate Taxes levied upon the Facility as they become due.
The failure by the Company to: (i) make the payments described in Section 1 hereof within thirty (30) days of the Payment Date ("Delinquency Date"); (ii) make any other payments described herein on or before the last day of any applicable cure period within which said payment can be made without penalty; or (iii) the occurrence and continuance of any event of default under the Leaseback Agreement after any applicable cure periods.
AND excluding from the Mortgaged Property the Agency's Unassigned Rights (as defined in the Leaseback Agreement).
The failure by the Company to: (i) make the payments described in Section I within thirty (30) days of the Payment Date (the "Delinquency Date"); (ii) make any other payments described herein on or before the last day of any applicable cure period within which said payment can be made without penalty; or (iii) the occurrence and continuance of any Events of Default under the Leaseback Agreement after any applicable cure periods.
This Mortgage shall be released for parcels being conveyed in a manner that releases them from the Leaseback Agreement.