Examples of Seller Lease in a sentence
The Seller has made available to the Buyer copies of each Seller Lease, including copies of all revisions and amendments thereto.
In the event the Seller is unable to assign any of the Seller Leases as of the Closing as a result of the failure to obtain any consent of any lessor under such Seller Lease, it shall notify the Buyer promptly that it will not be able to assign such Seller Lease to the Buyer or the Company at the Closing.
Each Seller Lease is in full force and effect in accordance with its respective terms.
The Seller has not received notice that the counterparty to any Seller Lease intends to cancel, terminate, or refuse to renew any Seller Lease or to exercise any option or other right under such Seller Lease.
No default, by either the applicable lessee or the lessor, exists under any Seller Lease, and all payments of rent, operating expenses, and other sums due and payable under each Seller Lease is current.