London Lease definition
Examples of London Lease in a sentence
Landlord shall be permitted to rely upon the accuracy and completeness of the item furnished pursuant to this paragraph, the Master Lease and the New London Lease and to disclose and publish the same as required by Applicable Laws.
All rights and remedies of Landlord hereunder and under the Master Lease and the New London Lease are cumulative and may be pursued simultaneously or in whichever order Landlord shall determine.
Landlord may exercise all of its rights and remedies hereunder immediately upon the occurrence of a Default beyond all applicable notice, grace and cure periods expressly stated in the Master Lease, the New London Lease or this Guaranty.
Each capitalized term not specifically defined in this Guaranty shall have the same meaning as is ascribed to it in the Master Lease and/or the New London Lease.
Landlord may, without notice, but only in connection with an assignment of the Master Lease and/or the New London Lease, assign this Guaranty in whole or in part, and no assignment of this Guaranty or assignment or transfer of the Master Lease or the New London Lease or subletting of the Premises shall operate to extinguish or diminish the liability of Guarantor hereunder.
The London Lease is valid and in full force and there is no outstanding breach in respect thereof.
With respect to the real property located in the United Kingdom as described on Schedule 2.6 (the "London Lease"), TenFold has a valid and subsisting leasehold estate, free and clear of all Liens.
Buyer and KRII shall use their reasonable best efforts to obtain the release of Seller's Parent from its obligations under the Lease dated November 26, 1993 among Land Securities PLC, D-S Marketing Limited and Seller's Parent (the "London Lease").
Seller will use its commercially reasonable best efforts to cause TenFold to transfer the London Lease to LongView UK as soon as practicable after Closing.
Pursuant to the London Lease, Limited is in possession and has actual occupation of the entire Premises on an exclusive basis.