Acquisition of the Premises Sample Clauses

POPULAR SAMPLE Copied 1 times
Acquisition of the Premises. 3.1 The Landlord shall comply in all material respects with all obligations on its part contained in the Purchase Contract and use its reasonable endeavours to procure that Lincoln complies with its obligations therein 3.2 The Landlord shall not make any variation to the provisions of the Transfer which would adversely affect the rights or obligations of the Tenant under this Agreement and/or Lease and/or the Lincoln Lease nor vary the completion date (by more than 5 Working Days) or waive any obligations and conditions imposed on Lincoln in respect of the Contractor's Warranties in the Purchase Contract and/or imposed on Lincoln Insurance relating to the entry into of the Lincoln Lease 3.3 Prior to completion of the purchase of the Premises the Landlord will obtain an H.M. Land Registry Priority Search in favour of the Landlord and/or any mortgagee in respect of Title Number AGL 47068 and shall provide a certified copy thereof to the Tenant 3.4 Within ten Working Days of completion of the purchase of the Premises the Landlord shall provide to the Tenant a certified copy of the Transfer of the Premises duly stamped with ad valorem stamp duty and a Pd stamp 3.5 The Landlord shall procure that:-
View Source
Acquisition of the Premises. This Lease is subject to and conditioned upon (A) Landlord’s acquisition of the Land and Building by August 31, 2024, (B) the receipt by Tenant of an unconditional Charter from the authorizer on or before August 22, 2024, (C) a final approved Budget, DDs and Pro Forma evidencing Tenant can meet the financial covenants set forth herein, which Budget, DDs and Pro Forma must be acceptable to Landlord in its sole discretion, and (D) Landlord closing on construction financing in an amount and on such terms acceptable to Landlord in its sole discretion. In the event the foregoing conditions are not met, Landlord may terminate this Lease on ten (10) days’ written notice to Tenant, upon which this Lease shall be deemed terminated, and thereafter neither Landlord nor Tenant shall have any further obligation to one another.
View Source
Acquisition of the Premises. If Funding Recipient has purchased the Premises with its own funds and seeks reimbursement from DDC, Funding Recipient shall have provided DDC with evidence that the purchase of the Premises by Funding Recipient has closed, the purchase price has been paid in full and that Funding Recipient holds all right, title and interest to the Premises in its name. If DDC agrees to disburse the Funding directly to the Eligible Seller of the Premises and the purchase price of the Premises exceeds the amount of the Funding, Funding Recipient shall have informed DDC in writing of the source of the additional funds that Funding Recipient proposes to utilize to purchase the Premises.
View Source
Acquisition of the Premises. [Intentionally omitted].
View Source
Acquisition of the Premises 
View SourceView Similar (4)

Related to Acquisition of the Premises

  • Condition of the Premises Tenant has examined the Premises, including the appliances and fixtures (☐ and furnishings), and acknowledges that they are in good condition and repair, normal wear and tear excepted, and accepts them in its current condition, except for:

  • Operation of the Property Between June 1, 1998 and the Closing Date, Seller shall (a) lease, operate, manage and enter into contracts with respect to the Property, in the same manner done by Seller prior to the date hereof (provided, however, that without the prior consent of Purchaser, which as to (i) and (ii) shall not be unreasonably delayed, conditioned or withheld, (i) Seller shall not enter into any Service Contract that cannot be terminated with thirty (30) days notice or materially modify any existing Service Contracts to be assumed by Purchaser at Closing, and (ii) after June 1, 1998, Seller shall not materially modify or terminate any existing Tenant Lease or grant any material consents under any existing Tenant Lease (except as otherwise required pursuant to the terms and conditions of such Tenant Lease), or enter into any new Tenant Lease, and (iii) Seller shall not apply any then unapplied Deposits (as reflected on the Rent Roll delivered by Seller to Purchaser pursuant to Schedule 5.3(vii) hereof) under Tenant Leases); and (b) advise Purchaser of the commencement of any litigation, condemnation or other judicial or administrative proceedings affecting the Property of which Seller has current actual knowledge. Notwithstanding anything to the contrary set forth in this Contract, Purchaser acknowledges that after June 1, 1998 and prior to Closing, Seller will enter into contracts for the completion of Tenant improvements under Tenant Leases entered into after June 1, 1998 pursuant to the terms of Section 12.1 hereof (collectively, the "Tenant Finish Contracts"). Purchaser and Seller agree that at Closing, Purchaser shall assume the obligations of Seller under all such Tenant Finish Contracts including, without limitation, the obligations to pay any costs and expenses charged with respect to construction of improvements in the space subject to such Tenant Leases. At Closing, Purchaser shall execute and deliver to the Seller an Assignment, Assumption and Indemnity Agreement in the form attached hereto as Exhibit H and made a part hereof for all purposes.

  • SALE OF THE PREMISES In the event the Property is marketed to be sold by the Owner during the Term of this Agreement, the Agent: (check one)

  • Condition of the Property All bidders shall be deemed to have carried out all investigations and examinations of the Property and the title particulars at their own costs and expenses and upon being successful, accept the property in the state and condition in which the Property is at the date of the auction sale.

  • DESCRIPTION OF THE PREMISES Prior to, or during the first month of the effective use (transfer of keys) of the rented property and whenever important alterations have been made to the rented property during the rental period, both parties are obliged to draw up a detailed and contradictory description of the property at their joint expense. If one of the parties so requests, the parties will draw up a detailed and contradictory description of the premises at their joint expense at the end of the rental period. In the absence of an initial description of the premises, the tenant is deemed to have received the property in the condition in which it is in at the time they leave, except if the necessary proof to the contrary is provided. The same applies if no final description of the premises has been drawn up by the end date of the contract. After signature by the contracting parties, the description of the premises will be appended to the present agreement. The lessor has the right to make the reimbursement or release of the deposit dependent on the drawing up of the final description of the premises in the presence of the tenant or their representative, at a mutually agreed time. The lessor will make every effort to be present at this description of the premises at a reasonable time.