Examples of Significant Lease in a sentence
Significant Lease Transactions Silicon Valley 4 ("SV4") Data Center In February 2020, the Company exercised its first renewal option available to extend the lease term for the SV4 Data Center for five years.
Significant Lease Transactions Silicon Valley 4 ("SV4") Data Center In February 2020, the Company exercised its first renewal option available to extend the lease term for the SV4 Data Center for 5 years.
The Borrower and each Subsidiary shall at all times maintain accurate and complete records of each Significant Lease.
Economic Impact1 - Insignificant2 - Minor3 - Moderate4 - Major5 - SignificantGovernance (Risk, financial, opportunity cost)1 – Insignificant 2 – Minor 3 – Moderate 4 – Major 5 – Significant Lease or licence of land will not support business expansion/investment or job creation and there is a significant risk/impact on Council (both in the short term or its future plans).
The following procedure also applies for Significant Leases: If the application meets the assessment criteria, officers will, if appropriate, consult with iwi and the relevant Reserve Board if the lease is applied for reserve land. Officers will prepare a report to the Finance and Business Support Committee of Council to seek approval to grant a Significant Lease, subject to public notification and obtaining approvals required by any relevant legislation.