RMC Lease definition

RMC Lease means that certain Industrial Lease dated November 10, 1977, originally between Southern Pacific Transportation Company, as lessor, and Diamond Building Materials, Inc., as lessee, as amended, assigned, and extended to date.
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Examples of RMC Lease in a sentence

  • With respect to any amounts due under the RMC Lease that are subject to an annual or other periodic reconciliation (including payment of real estate taxes due from the lessee), Seller and Buyer shall cooperate to complete a reconciliation as of the Closing Date.

  • Deliver to Buyer one (1) original of the Assignment of Infrastructure Rights, one (1) original of the Agreement Regarding Construction Obligations, one (1) original of the Infrastructure CFD Bond Disclosure Assumption Agreement, the original FIRPTA Certificate, the original California Affidavit, and one (1) original of the RMC Lease Assignment, together with any other documents to be delivered to Buyer hereunder.

  • Seller shall have obtained and delivered to Buyer an original estoppel certificate executed on behalf of the current lessee under the RMC Lease, which estoppel certificate shall be in form and substance reasonably satisfactory to Buyer.

  • In addition, Seller shall have deposited into the Escrow a written assignment of the RMC Lease to Buyer (the “RMC Lease Assignment”).

  • The RMC Lease is in full force and effect, and neither Seller nor the current lessee under the RMC Lease is in material default under the RMC Lease.

  • The Parties agree that the lessee under the RMC Lease pay all service contracts and utility costs directly, so such sums shall not be prorated at the Close of Escrow.

  • There are no lease or occupancy agreements affecting any portion of the Land other than the RMC Lease, and there are no third parties other than the current lessee under the RMC Lease who have any right to occupy any portion of the Land.

  • Deliver to Seller one (1) original of the Assignment of Infrastructure Rights, one (1) original of the Agreement Regarding Construction Obligations, one (1) original of the Infrastructure CFD Bond Disclosure Assumption Agreement, and one (1) original of the RMC Lease Assignment, together with any other documents to be delivered to Seller hereunder.

  • Two (2) original counterparts of the RMC Lease Assignment, duly executed by Seller (and, if appropriate, acknowledged).

  • Two (2) original counterparts of the RMC Lease Assignment, duly executed by Buyer (and, if appropriate, acknowledged).