Examples of Retail Lease in a sentence
The General Partner shall not be entitled to borrow on behalf of the Limited Partnership, or on its own behalf, or to grant Encumbrances against any of the assets of the Limited Partnership without the prior written approval of the City and OSEG pursuant to the Retail Shareholder’s Agreement, with the exception of the Permitted Borrowing, the Permitted Tenant Mortgages and as otherwise permitted or required under the Project Agreement or the Retail Lease.
Provisions in respect of the first priority of, and compliance with, an easement in favour of the Ontario Heritage Easement are included in the Project Agreement, as well as each of the Retail Lease and the Stadium Lease.
A cross-default will exist between the Project Agreement, the Retail Lease and the Stadium Lease in that an event of default in favour of the City under one agreement or lease constitutes an event of default in favour of the City under all agreements/leases.
Retail Lease The Retail Lease is in respect of the lease by the City of the real property that forms the retail component of the Project (including the “salon” and “pod” retail portions of the stadium and the retail portion of the office building).
The retail lands are demised to the tenant during the period in which the retail component is to be constructed and during the initial and any renewal terms of the Retail Lease.