Examples of Qualified Lease in a sentence
Any lease which is not a Qualified Lease shall be permitted only with Agent’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.
In the event a New Lease is executed during the First or Second Segment, but it does not become a Qualified Lease until after the expiration of the Earn-Out Period, but prior to the Lease Reservation Date, Purchaser, subject to the satisfaction of the Earn-Out Conditions, shall pay to Seller at the time aforesaid, an amount equal to the Earn-Out Payment computed in respect to such subsequent Qualified Lease.
Evidence of insurance issued on behalf of Borrower, another Obligor, the tenant under any Qualified Lease, evidencing the existence of all insurance required to be maintained by Borrower pursuant to this Agreement, such evidence to be in such form and contain such information as is specified in this Agreement.
If any Individual Property or any portion thereof is taken by a condemning authority, Borrower shall promptly commence and diligently prosecute, or shall cause the applicable tenant under a Qualified Lease, to the extent applicable, to promptly commence and diligently prosecute, the Restoration of the applicable Individual Property and otherwise comply with the provisions of Section 9.29.
The Customer shall promptly notify (in writing) AEF of the execution of any amendment or modification to, or termination of, any Qualified Lease Agreement or waiver of any right or grant of any consent thereunder.