Upon Lessor definition

Upon Lessor s receipt of the additional Security Deposit set forth in Clause 8.2 the initial deposit set forth in this Clause 8.1 will be credited to the payment of Rent payable during the Initial Lease Term and, if applicable, during the Base Lease Term.

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Upon Lessor s receipt of such payment, Lessor shall release the security interest that it holds in the Equipment."

Upon Lessor s request, Lessee shall within 120 days of the close of each fiscal year of Lessee, deliver to Lessor duplicate copies of Lessee's balance sheet and profit and loss statement, certified by a recognized firm of certified public accountants. Upon request, Lessee will deliver to Lessor duplicate copies of Lessee's most recent quarterly financial report."

Examples of Upon Lessor in a sentence

• Upon Lessor request, Lessee will inspect the Premises jointly with Lessor to verify the as-built drawings.

• Upon Lessor receipt of payment as set forth above, Lessee shall be entitled to title to the equipment without any warranties.

• Upon Lessor Trust's written request, and upon surrender to Trustee of this Deed of Trust and the Notes for cancellation and retention upon payment of its fees, Trustee shall reconvey, without warranty, any Property or that portion thereof then held hereunder.

• Upon Lessor exercising any of the foregoing remedies, Lessor shall use commercially reasonable efforts to lease the cars to such persons, at such rental, and for such period of time as Lessor shall reasonably elect.

• Upon Lessor making the Equipment available to Lessee at Lessor’s facility (or other facility designated by Lessor from which the Equipment is being transported to Lessee), Lessee hereby assumes and shall bear the entire risk of loss, damage, theft, or destruction to the Equipment (including to any goods, cargo, or property in or upon the Equipment), including while the Equipment is being transported, loaded or unloaded.

• Upon Lessor signing below, this Lease shall become NON-CANCELABLE DURING THE TERM STATED ABOVE by Lessee for any reason whatsoever, and Lessee shall be obligated to pay Lessor all sums called for in this Business Lease Agreement (herein called the "Lease").

• Upon Lessor and ▇▇▇▇▇▇’s acceptance of this Lease, and except as provided in this Lease including Section 19 hereof, THIS LEASE SHALL BE NON-CANCELABLE, and ▇▇▇▇▇▇'s obligations hereunder shall not ▇▇▇▇▇ for any reason.

• Upon Lessor notifying ▇▇▇▇▇▇ in writing that it believes substantial completion of the Remaining Work has been achieved, the parties shall promptly perform a joint walk-through of the Building to confirm their mutual agreement that such work has been substantially completed.

• Upon Lessor giving the Expansion Space Notice to Lessee, the Lessor and Lessee shall execute an amendment to the Lease confirming or modifying the First Floor Expansion Space Date to be the date set forth in the Expansion Space Notice.

• Upon Lessor approval of the initial tenant improvement plan, Lessor shall waive restoration of the initial Premises as it relates to the initial improvements.

More Definitions of Upon Lessor

Upon Lessor s receipt of such payment, Lessor shall release the security interest, and quitclaim to Lessee any other interest, that it holds in the Equipment.:

Upon Lessor s receipt of the replacement Letter of Credit, Lessor shall return the existing Letter of Credit to Lessee.

Upon Lessor s receipt of such payment, Lessee shall be entitled to whatever interest Lessor may have in the Equipment as-is-where-is, without any warranty, express or implied including warranty of merchantability or fitness for any particular purpose.

Upon Lessor. S receipt of such payment, LESSOR agrees that its entire interest in said item shall become the property of LESSEE and LESSEE'S insurer (as their interests may appear) in its then condition, as is, where is, WITHOUT WARRANTY FROM LESSOR, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.