Examples of Personalty Leases in a sentence
The Company and its Subsidiaries do not lease any personal property other than pursuant to (i) leases which expire on not more than 90 days notice by the Company or a Subsidiary, (ii) leases which require annual rentals of not more than $25,000, (iii) the "Equipment Lease" (as defined in the Omnibus Agreement) and (iv) leases ("Personalty Leases") listed in the Disclosure Letter.
No consent is required under the Personalty Leases or the Equipment Lease in connection with the Merger.
Mortgagee, acting itself or by and through any representative, may elect either prior to or at such sale not to proceed under such Section 9.501(d) by notifying Mortgagor of the manner in which Mortgagee intends to proceed with regard to the Personalty, Leases and Rents.
The Company and xxx Xxbsidiaries are not in material default under any of the Personalty Leases or the Equipment Lease and the Company is not aware of any fact which, with notice and/or passage of time, would constitute such a default.
The Borrower hereby waives the right to dispute the Lender’s record of the terms of any such telephonic Notice of Borrowing.