Examples of Leased Branches in a sentence
Except as provided in Section 2(b), under no circumstances will any Agent be obligated to purchase any Notes for its own account.
To the best of Seller's knowledge, the Branch Leases constitute legal, valid, binding and assignable leasehold interests of Seller in all of the buildings, improvements and land comprising each of the Leased Branches, free and clear of any material encumbrances.
Seller shall use its best efforts to cause the landlord to furnish the Buyer with a statement of the balance of any security deposits held under such Real Property Leases as of the Closing Date, giving effect to all deductions that are deemed necessary by the landlord following an inspection of the Leased Branches as of the Closing Date.
The Owned Real Property and Leased Branches (including the equipment located thereat) are not in need of maintenance or repairs other than ordinary routine maintenance and repairs that are not material in nature or cost.
The Company shall, promptly upon the occurrence of such loss or damage, notify ALBANK thereof and seek to prevent further physical deterioration of the Improvements or Leased Branches and to keep the Branch or Branches in question open for business to the extent practicable.
The lessors under any real estate leases related to the Leased Branches to be assigned shall have consented to the Seller's assignment of such leases to the Purchaser on terms substantially similar to the existing terms between the Seller and the lessors, and the lessors shall execute such lease assignment and estoppel certificate, or Seller shall have entered into other arrangements as contemplated by Section 5.10 to the satisfaction of the Purchaser.
Attached hereto as SCHEDULE 3.10 is a true and correct schedule of each real property lease or sublease, as amended to date, pursuant to which Home Savings leases the premises of the Leased Branches.
In the event of any loss or damage to the Improvements or Leased Branches by casualty or otherwise, this Agreement shall continue in full force and effect, except as provided below.
Notwithstanding the foregoing, in respect of the Leased Branches, if as a result of such loss or damage the Company shall have the right to terminate the applicable Lease, the Company shall so notify ALBANK and shall, upon ALBANK's written request, exercise such right to terminate, in which case this Agreement shall terminate with respect to the affected Leased Branch and the provisions of Section 15(d)(iii) shall apply.
Seller shall use its reasonable best efforts to cause the landlord to furnish Buyer with a statement of the balance of any security deposits held under such Real Property Leases related to the Sea Isle City and Medford Branches as of the Closing Date, giving effect to all deductions that are deemed necessary by the landlord following an inspection of the Leased Branches as of the Closing Date.