Purpose of the Lease definition

Purpose of the Lease. The business activity and the objective as defined in Clause 5 of the Contract
Sample 1
Purpose of the Lease. An approved industrial enterprise according to the definition thereof in the Law for the Encouragement of Capital Investments, 5719-1959, for the manufacture of electronic products.
Sample 1
Purpose of the Lease to set up a quartz panel plant.
Sample 1

Examples of Purpose of the Lease in a sentence

  • Therefore, the Lessor shall have the right, without prejudice to its right to receive any other relief or remedy in the event of the operation of the business in the Leased Property in non-conformance with, or deviation from, the Purpose of the Lease, to request and receive an injunction or other relief against such operation.

  • The Purpose of the Lease is for purposes of developing and manufacturing electronic equipment and medical devices by the Tenant only and in accordance with the provisions of this Agreement, below (hereinafter: the "Purpose of the Lease").

  • It is hereby clarified that the Lessee shall not have the right to refuse to take possession of the Leased Property unless it is not suitable for reasonable use in accordance with the Purpose of the Lease.

  • For the avoidance of any doubt, it is hereby clarified that the Tenant will bear any charge applicable to the Tenancy, even if the same does not apply to a holder/tenant of an asset, which arises from its business and/or the Purpose of the Lease of the Tenancy.

  • Any change or expansion of the Purpose of the Lease is subject to the advance written consent of the Lessor, and the Lessor may object to any such change or expansion for any reason whatsoever, at its sole and absolute discretion.

  • The Tenant may terminate the Agreement upon a written termination notice with two (2) months’ notice period in the event that: the Business Premises are not suitable for the Purpose of the Lease due to an objective reason, The Landlord has breached seriously any other obligation under the Agreement and fails to remedy the breach even within ten (10) days after receipt of a written notice from the Tenant.

  • The Premises are being leased to the Kibbutz for purposes of an "Agricultural Settlement" and "Factory" (hereinafter—"the Purpose of the Lease").

  • For the avoidance of doubt, it is clarified that changing the Urban Building Plan as aforesaid shall not restrict or limit the Purpose of the Lease and/or infringe upon the Lessee's rights.

  • Nothing contained above shall defer the Possession Date and payment of the Rent unless the required repairs will prevent the use of the Premises for the Purpose of the Lease.

  • The Lessee finds an alternate lessee to lease the Leased Premises for the Purpose of the Lease under this Agreement.


More Definitions of Purpose of the Lease

Purpose of the Lease industrial factory and workshop.
Sample 1
Purpose of the Lease. Management of a business for the purpose of offices, research and development, laboratory and production in the cultured meat industry.
Sample 1
Purpose of the Lease. As specified in section 5 of the Agreement. "THE MANAGEMENT The Lessor and/or any person, company or COMPANY" other legal entity appointed by the Lessor for the purpose of the management and maintenance of the Project as specified in section 17 below, who will take upon itself the obligations and rights of the Management Company by virtue of the Management Agreement - Appendix "D". "THE MANAGEMENT The agreement for the maintenance, AGREEMENT" management and operation of the Project by the Lessor or the Management Company, attached as APPENDIX "D" to this Agreement;
Sample 1
Purpose of the Lease industry and crafts - high-tech plant.
Sample 1
Purpose of the Lease has the meaning specified in Article 2.4. of this Contract.
Sample 1

Related to Purpose of the Lease

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Fixed term tenancy means a tenancy that has a fixed term of existence, continuing to a

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Banking Premises means the interior of that portion of any building occupied by a banking institution or similar safe depository.

  • Base Lease means the Base Lease Agreement delivered concurrently with this Lease between the Company and the Issuer.

  • Eleventh Amendment Effective Date has the meaning set forth in Section 4 of the Eleventh Amendment.

  • Area A means the area marked “Area A” outlined in red on the Plan (excluding that part shaded grey on the Plan);

  • Additional Xxxx of Sale means each document, in the form of Attachment D hereto, executed by an authorized officer of VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding which shall: (i) set forth the list and certain terms of (a) Additional Loans offered by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, including the Additional Loans Purchase Price for the Additional Loans being sold thereunder or (b) Substituted Loans substituted by VL Funding and (ii) sell, assign and convey to Funding and the Interim Eligible Lender Trustee, for the benefit of Funding, and their assignees, all right, title and interest of VL Funding and of the VL Funding Eligible Lender Trustee on behalf of VL Funding in the Additional Loans or Substituted Loans, as applicable, listed on the related Additional Xxxx of Sale and (iii) certify that the representations and warranties made by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding pursuant to Sections 5(A) and (B) of these Master Terms, by the Servicer as set forth in Section 5(C) and by the Interim Eligible Lender Trustee as set forth in Section 5(D) are true and correct.

  • First Amendment Date means February 21, 2019.

  • Third Amendment Date means June 23, 2020.

  • REO Extension As defined in Section 3.16(a).

  • Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Ninth Amendment Effective Date has the meaning set forth in Section 4 of the Ninth Amendment.

  • Second Amendment Date means February 26, 2019.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of February 27, 2017, among the Loan Parties, the Administrative Agent and the Lenders party thereto.

  • Redevelopment Agreement means an agreement between the

  • Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Sixth Amendment Effective Date shall have the meaning provided in the Sixth Amendment.

  • Second Amendment Agreement means that certain Second Amendment Agreement dated as of October 4, 2011, among Xxxxx 0, xxx Xxxxxxxx, Xxxxxxx Xxxxx Capital Corporation, as administrative agent and collateral agent, and the Tranche B II Term Lenders party thereto, providing for, among other things, the amendment and restatement of the 2009 Credit Agreement.

  • Fourth Amendment Date means April 30, 2021.