Common use of CONDITIONS TO LEASE Clause in Contracts

CONDITIONS TO LEASE. The effectiveness of this Lease and Tenant's obligations hereunder are subject to the approval by Tenant, on or before December 31, 1991, of each and all of the following. (a) The Lease by Tenant's Board of Directors. (b) Non-disturbance Agreement from Agency. (c) Non-disturbance Agreement from the Bank of California. (d) A title insurance policy for the benefit of Agency as required by the DDA. (e) The Disbursement Agreement between Landlord, Tenant and Agency with respect to all funds needed for the renovation to the Hotel and all Landlord's Work and Tenant's Work, as defined below. (f) All consents and approvals of Agency to this Lease, including Tenant's Work, the right of first refusal, and the Tenant's share of profits on sale.

Appears in 2 contracts

Sources: Restaurant Lease (Il Fornaio America Corp), Restaurant Lease (Il Fornaio America Corp)