Examples of Leasehold Assignment in a sentence
In connection with entering into, as lessee, any lease of an interest in real property which lease calls for a rental payment equal to or in excess of $25,000.00 per annum, Borrower shall deliver to Agent a Leasehold Assignment & Consent (naming Agent as assignee for the benefit of the Syndication Parties), together with such consents or estoppels of lessor as Agent shall specify.
Cedar shall have received a consent duly executed by Interstate (the "Landlord Consent"), to be dated not more than ten (10) days prior to the Closing Date, authorizing Owners' contribution of the Leasehold Property, assignment of the Leasehold Documents to the Partnership, and the form of Leasehold Assignment (as hereinafter defined).
The Buyer shall have duly executed the Leasehold Assignment and Assumption Agreement and the Option Assignment Agreement referred to in Section 2.2 hereof or otherwise complied with the provisions set forth in Section 2.2 hereof.
Buyer and Seller shall have (a) received all of the Required Leasehold Assignment Consents, and (b) either (i) Buyer and Seller shall have received consent from the Kukui Landlord to the assignment by Seller to Buyer, or (ii) the Kukui Landlord shall have exercised the Recapture Rights, or (iii) Buyer and Seller shall have entered into a management agreement for the Kukui Lease pursuant to Section 7.1.4.
The Sellers each shall have duly executed the Leasehold Assignment and Assumption Agreement and the Option Assignment Agreement referred to in Section 2.2 hereof.
The restrictions on assignment set forth in this Section 10.5 shall not apply to assignments of Subsequently-Acquired Leases by a Party to a Third Party if the other Party hereto has not elected to receive a Subsequently-Acquired Leasehold Assignment of such Subsequently-Acquired Leases pursuant to Section 2.14 hereof.
Landlord hereby consents to (x) Current Tenant's assignment of the Leasehold Interest to New Tenant, in accordance with the terms, covenants, and conditions in the Leasehold Assignment, and (y) Current Tenant's sale and transfer to New Tenant of all of Current Tenant's ownership interest in and to all of the Equipment, in accordance with the terms, covenants, and conditions in the: Bill of Sale.
In connection with entering into any lease, Guarantor shall deliver to Bank a Leasehold Assignment and Consent together with such additional consents or estoppels of lessor as Bank shall specify.
The Party receiving the Subsequently-Acquired Leasehold Assignment shall submit such assignment for filing in the real property records in the county(ies) where the Project Area is located.
Where necessary to effectuate any Assignment or Leasehold Assignment, as to each Participation Well, APC shall prepare and send timely (a) notices to the holders of any required consents to assignment requesting consents to the transactions contemplated by this Agreement and (b) notices to the holders of any applicable preferential rights to purchase or similar rights in compliance with the terms of such rights and requesting waivers of such rights.