Transferred Leased Property definition
Examples of Transferred Leased Property in a sentence
Any right to perform an assessment pursuant to this Section 6.13 at a Transferred Leased Property shall be subject to Transferor Parent or its Affiliate not being prohibited from performing such assessment pursuant to the lease for such Leased Property.
Prior to the Closing Date (and assuming the receipt of all Approvals listed on Section 3.4 of the Seller Disclosure Schedules), Sellers shall assign or cause to be assigned to a Purchased Company all right, title and interest in the lessee’s or tenant’s interest in any Transferred Leased Property set forth on Section 5.20 of the Seller Disclosure Schedules where a Purchased Company is not the lessee or tenant under the Contracts for such Transferred Leased Property as of the date hereof.
Buyer shall have received all consents and/or sublicenses for the Transferred Leased Property set forth on Section 7.2(e) of the Seller Disclosure Schedules.
If any such operations, property and personnel are not vacated from such Owned Real Property and Transferred Leased Property prior to the Closing, Buyer will provide for a reasonable transition period during which such operations, property and personnel can be vacated from such Owned Real Property and Transferred Leased Property at reasonable cost consistent with past practice.
Seller has provided Purchaser with a true, correct and complete copy of each Lease for the Transferred Leased Property.