Examples of Related Party Leases in a sentence
Related Party Leases The Company leases office space under three separate leases with a related party.
Except as set forth on Schedule 7.21 and the Related Party Leases, no Seller has conducted business, or otherwise entered into a transaction in connection with the Business, with any of its Affiliates, any officer, director, equity holder or employee of a Company or any Affiliate thereof, or any relative of either Principal 1 or Principal 2, in which any of the foregoing has a significant economic interest or which is a Contract set forth on Schedule 2.01(a)(ii).
The Company has made available to Buyer true, correct, and complete copies of all of the Related Party Leases.
Related Party Leases – As of April 30, 2020, the Company and its subsidiaries had a number of noncancelable leases for various office, production and warehouse facilities and equipment with entities owned by parties having stockholder interests in the Company.
At or prior to the Closing, the Sellers shall terminate, or cause to be terminated, all Related Party Leases effective as of or prior to the Closing.