Renewed Lease definition

Renewed Lease shall have the meaning set forth in Section 5.21.
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Examples of Renewed Lease in a sentence

  • The Renewed Lease shall be on terms not materially more favorable to the Non-Objecting Partner than the terms rejected by the Objecting Partner.

  • Notwithstanding anything contained herein, the term of Sub Lease shall not exceed the balance period of Lease Term or the Renewed Lease Terms(s), as the case may be.

  • The term of the Renewed Lease Agreement is commencing on 12 March 2021 and ending on 11 March 2023 (both days inclusive).

  • LTD For Freshworks Technologies Private Limited Authorized Signatory Authorized Signatory ▇▇▇▇▇▇’▇ initial Lessee’s initial Escalated Lease Rent and the Renewed Lease Rent on such dates respectively.

  • The Board is pleased to announce that on 11 March 2021, Meilan Freight, a non-wholly owned subsidiary of the Company, and the Parent Company entered into the Renewed Lease Agreement, pursuant to which the Parent Company agreed to lease the Leased Assets to Meilan Freight for use of providing ground services to flights and passengers or other services within the business scope of Meilan Freight for a term commencing on 12 March 2021 and ending on 11 March 2023 (both days inclusive).

  • Prior to the Closing, Seller shall ------------------- obtain a renewal for the expired leases set forth on Section 5.21 of the Seller Disclosure Letter (the "Expired Leases"), which renewed lease (the "Renewed Lease") shall have (i) a term that expires no earlier than twelve years from the date of Closing and (ii) other terms (including royalty rates) that are substantially consistent with the terms of the Expired Leases.

  • If, thereafter, the parties are still unable to agree on the Renewed Lease Consideration, the parties agree that no Renewed Term shall be granted to the Lessee and that Section 13 of Third Schedule shall apply.

  • In accordance with CAS 21 – Leases, it is estimated that the Company will recognise the right-of-use assets under the Renewed Lease Agreement at an aggregate value of approximately RMB34,800,000 (including VAT, subject to further adjustments if necessary).

  • Any tenant improvement costs, capital maintenance or improvement costs, allowances and brokerage commissions payable with respect to a new lease or a Renewed Lease shall be paid by Buyer and if Seller has paid any such costs prior to Closing, Parent shall receive a credit at Closing for such costs.

  • YSRC and Perpetual have also agreed to negotiate in good faith to enter into a Renewed Lease Agreement at the end of the Further Term, which potentially provides Perpetual with access to water for the Beharra project well beyond an initial 10-year period.

Related to Renewed Lease

  • Permitted Lease means a lease permitted under Section 4.02(b) of the Trust Indenture.

  • Approved Lease has the meaning set forth in Section 6.11(a).

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;