Examples of New Lease Notice in a sentence
If Leasehold Mortgagee fails to deliver the New Lease Notice within such thirty (30) day period, Leasehold Mortgagee shall be deemed to have waived its option to enter into such New Lease.
In any such case, Landlord agrees to furnish written notice of its intention to enter into one or more new leases, describing in such notice the portion of the Premises to be leased and all material terms of the proposed new lease (the "New Lease Notice").
Such Leasehold Mortgagee or its designee shall agree to remedy any of Tenant's defaults of which said Leasehold Mortgagee was notified by Landlord’s New Lease Notice and that are reasonably susceptible of being so cured by Leasehold Mortgagee or its designee.
From and after the date of this Agreement through the Closing, Seller shall deliver, to Purchaser for review (a "New Lease Notice") a copy of any proposed new lease, or any modification, amendment, restatement or renewal of an existing lease (each a "New Lease", and collectively, "New Leases").
Notwithstanding anything to the contrary herein contained, Tenant shall not be liable for any damages as a result of a holdover (other than increased Base Rent as set forth above) unless such holdover continues for a period of more than 60 days after Tenant’s receipt of Landlord’s New Lease Notice.
In the event of the termination of this Lease as a result of Tenant's default, Landlord shall promptly, within a reasonable time, provide each Leasehold Mortgagee with written notice that the Lease has been terminated ("New Lease Notice"), together with a statement of all sums which would at that time be due under this Lease but for such termination, and of all other defaults, if any, then known to Landlord.
From and after the date of this Agreement through the Closing, Seller shall promptly deliver, as applicable, to Purchaser for review (a "New Lease Notice") a copy of any proposed New Lease.
If Transferee does not respond to any New Lease Notice within five Business Days after its receipt thereof, Transferee shall be conclusively deemed to have approved the new Lease which is the subject of such New Lease Notice and Transferor shall have the right to enter into such new Lease.
If Purchaser does not respond to any New Lease Notice within five (5) Business Days after its receipt thereof, Purchaser shall be conclusively deemed to have approved the new Lease or Lease renewal which is the subject of such New Lease Notice and Equitable shall have the right to enter into such new Lease or Lease renewal.
If Landlord delivers a New Lease Notice, the Tenant’s tenancy pursuant to the Hold Over Right shall expire and terminate on the date that is thirty (30) days after delivery of the New Lease Notice, and all of Tenant’s surrender obligations as to the Premises must be completed by such date.