Primary Leases definition
Examples of Primary Leases in a sentence
The Primary Leases have been properly maintained in force and effect to the present time and all production proceeds payable under any of the Primary Leases have been timely and properly paid.
Landlord represents and warrants that, as of the Effective Date, there are no Mortgages or Primary Leases encumbering the Building.
Sprint will monitor and demand compliance by the Third Party Licensees with all material terms of the Primary Leases.
Except as set forth in the Region 1 Agreement dated as of the date hereof between Sprint and Operator, Sprint will be responsible for the payment of all fees, royalties, expenses and other costs arising under the Primary Leases and shall indemnify and hold Operator harmless from the payment of any such amounts.
Sprint and Operator desire to enter into this Agreement to memorialize their agreement with respect to Operator's operation of the certain channels subject to the Primary Leases on behalf of Sprint using the Transmission Equipment (as defined below).