Lessor Leases definition
Examples of Lessor Leases in a sentence
At MMA Buyer's or, after the Closing, RTS' request, the beneficiary under the Deed of Trust shall (and shall cause the trustee to) execute a commercially reasonable non-disturbance agreement in favor of any tenant under the Lessor Leases.
True and complete copies of the Leases and Lessor Leases have been provided or made available to Parent prior to the date hereof, and such Leases and Lessor Leases have not been amended or modified since that date except as would not be material to the operation of the businesses of the Company and its Subsidiaries taken as a whole as presently conducted.
All tenant improvement and similar work to be performed under any of the Lessor Leases by MMA, RTS or any Subsidiary or to be performed by any other person but paid for by any of them, has been fully performed and paid for.
Other than the Lessor Leases and Lessee Leases corresponding to the properties set forth in Section 3.02(p)(1) of the Seller Disclosure Letter, there are no other leases or rights of occupancy to which any of the Acquired Companies or any predecessor entity is a party affecting the Acquired Company Properties.
Sellers have provided true, complete and correct copies of the Leases and the Lessor Leases to Buyer, including any amendments thereto.
At MMA Buyer's request, prior to Closing RTS and/or Sellers shall cooperate with Buyers to obtain estoppel certificates from each of the tenants under the Lessor Leases in form and substances reasonably satisfactory to MMA Buyer.
Enter into new Lessor Leases or Lessee Leases, or amend, modify or terminate any existing Lessor Leases or Lessee Leases, other than confirmatory amendments required by the express terms thereof or any renewals and extensions pursuant to such Lessor Lease or Lessee Lease or confirmatory terminations upon expiration of the term thereof, all in accordance with the terms thereof.
All security deposits required under the Lessor Leases have been posted and are held by RTS in accordance with the Lessor Leases and are properly reflected on the financial books and records of RTS.
If Lessee disputes the amount of Total Common Area Charges set forth in any Actual Statement delivered by Lessor, Leases shall have the right, to be exercised, if at al, not later than six (6) months following receipt of such Actual Statement, to cause Lessor's books and records with respect to the preceding calendar year to be audited by a certified public accountant mutually acceptable to Lessor and Lessee.
Except as set forth in Schedule 5.12, there is not, with respect to any of the Lessee Leases or the Lessor Leases, any existing material default or event of default on the part of any Person within the JR Group or, to the Knowledge of Jame▇ ▇▇▇er, any existing material default or event of default on the part of any other party to the Lessee Leases or the Lessor Leases.