Examples of Material Lease Agreement in a sentence
The Company has Made Available to Parent true, correct and complete copies of each Material Lease Agreement.
Each Material Lease Agreement is, as of the date hereof, in full force and effect and a valid and binding agreement enforceable against the Company or any of the Company Subsidiaries party thereto and, to the Company’s Knowledge, any other party thereto in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, moratorium and other similar Applicable Law affecting creditors’ rights generally and by general principles of equity.
As of the date of this Agreement, none of the Company nor any of the Company Subsidiaries party to, nor, to the Company’s Knowledge, any other party to any Material Lease Agreement is in material breach of or material default under, or has provided or received any written notice of any intention to terminate or seek renegotiation of, any Material Lease Agreement.
Either the Company or one of the Company Subsidiaries, as applicable, has performed all material obligations required to be performed by it to date under each Material Lease Agreement, and there are no outstanding material defaults or circumstances which, upon the giving of notice or passage of time or both, would constitute a material default or breach by the Company or any of the Company Subsidiaries or, to the Company’s Knowledge, by any counterparty under any Material Lease Agreement.
As of the date of this Agreement, none of the Company nor any of the Company Subsidiaries party to, nor any other party to any Material Lease Agreement is in material breach of or material default under, or has provided or received any written notice of any intention to terminate or seek renegotiation of, any Material Lease Agreement.
Each Material Lease Agreement is, as of the date hereof, in full force and effect and a valid and binding agreement enforceable against the Company or any of the Company Subsidiaries party thereto and any other party thereto in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, moratorium and other similar Applicable Law affecting creditors’ rights generally and by general principles of equity.
As of the date of this Agreement, no event or circumstance has occurred that, with or without notice or lapse of time or both, would (i) constitute a material breach of or material event of default by the Company, (ii) result in a right of termination for the counterparty or (iii) cause or permit the acceleration of, or other material changes to, any material right of the counterparty or obligation of the Company, in each case, under any Material Lease Agreement.
As of the date of this Agreement, no event or circumstance has 45 occurred that, with or without notice or lapse of time or both, would (i) constitute a material breach of or material event of default by the Company, (ii) result in a right of termination for the counterparty or (iii) cause or permit the acceleration of, or other material changes to, any material right of the counterparty or obligation of the Company, in each case, under any Material Lease Agreement.
The Company also complies with E- verify requirements in those states that mandate such compliance.
Stokes and a second by Robert Graham, Peggy Hobson Calhoun voting aye, Tony Greer voting aye, Darrel McQuirter voting aye, it was RESOLVED to approve a reimbursement request in the amount of $93.75 for invoice #29979, paid January 15, 2014, for Sonny McDonald Industrial Park (from the 1994 G.O. Bond Fund #385-Engineering/Architect fees) payable to Waggoner Engineering, Inc., for Professional Services associated with review and preparation of the Material Lease Agreement for the James Group.