Executed Leases Clause Samples

The 'Executed Leases' clause defines which lease agreements are considered legally binding and in effect between the parties. Typically, this clause clarifies that only leases that have been fully signed by all required parties are recognized as executed, and may specify the date from which the lease terms become enforceable. Its core practical function is to eliminate ambiguity by ensuring that only properly finalized leases are valid, thereby preventing disputes over the status of draft or unsigned agreements.
Executed Leases. City shall have approved, acting in its sole and absolute discretion, the identity of the lessee/operator of the Grocery Store Component and Developer shall have provided to the City an executed Grocery Store Lease with such lessee/operator, with all contingencies, except completion of the building, either waived or satisfied.
Executed Leases. Developer shall have provided to the City executed Major Retailer(s) with all environmental and soils review periods and all other contingencies either approved or waived by the Major Retailer(s).
Executed Leases. City shall have approved, acting in its reasonable discretion, the Major Retailer(s) and Developer shall have provided to the City executed Major Retailer Lease(s) with all environmental and soils review periods in connection with such Major Retailer Lease(s) either waived or satisfied.
Executed Leases. Agency shall have approved, acting in its sole and absolute discretion, the Phase 2 Major Tenant, and Developer shall have provided to the Agency executed the Phase 2 Major Tenant Lease with all environmental and soils review periods in connection with such lease(s) either waived or satisfied.
Executed Leases. Any executed copy of this Lease shall be deemed an original .for all purposes.
Executed Leases. Provided that City shall have the right to approve, acting in its sole and absolute discretion, the identity of the lessee/operator of the Grocery Store Component and Developer shall provide to the City an executed Grocery Store Lease in accordance with the terms of the Grocery Store Component Ground Lease.
Executed Leases. Agency shall have approved, acting in its sole and absolute discretion, the Major Retailer and Developer shall have provided to the Agency executed the Major Retailer Lease with all environmental and soils review periods in connection with such Major Retailer Lease either waived or satisfied.

Related to Executed Leases

  • Copies of Leases Copies of all current leases together with any ongoing evictions or legal matters related to the Property; and

  • Executed Documents The Initial Purchasers shall have received fully executed originals of each Document (each of which shall be in full force and effect on terms reasonably satisfactory to the Initial Purchasers), and each opinion, certificate, letter and other document to be delivered in connection with the Offering or any other Transaction.

  • New Leases Continue its present rental program and efforts at such Seller’s Property to rent vacant space in accordance with past practices; provided that, without the prior written consent of the Buyer, which consent may be granted or withheld in the Buyer’s sole discretion, such Seller shall not (i) execute any new lease, license or other occupancy agreement, (ii) amend, supplement, terminate, accept the surrender of, renew or otherwise modify any existing Lease, (iii) approve any assignment or sublease of any existing Lease, or (iv) waive any right or obligation thereunder; provided, however, that, in the case of any amendment, supplement, termination, surrender, renewal or modification of any existing Lease as set forth in clause (ii) above, if such existing Lease expressly and specifically sets forth the terms of any such amendment, supplement, termination, surrender, renewal or modification and requires the landlord under the Lease to acknowledge or counter-sign the same, in which case, the Buyer’s consent shall not be required, but Seller shall provide the Buyer with written notice of (and to the extent such amendment, supplement or modification modifies the rental terms of such Lease which rental amount is not specifically stated in such Lease, the Buyer shall have an opportunity to review and comment upon) such amendment, supplement, termination, surrender, renewal or modification at least five (5) Business Days prior to the date of execution. If such Seller enters into any new lease, license or other occupancy agreement, or renews any existing Lease (each such new lease, license, occupancy agreement and renewal, a “New Lease”) after the date hereof in accordance with the terms of this Section 3.2(d), then each such lease, license, occupancy agreement and renewal shall be included in the definition of “Leases” herein and added to Schedule 3.2(c) attached hereto, shall be assigned to and assumed by the Buyer at the Closing in accordance with this Agreement. If the Buyer does not reject or approve a new lease, license, occupancy agreement, renewal or a Lease amendment within five (5) Business Days after receipt of a copy thereof, then the Buyer shall be deemed to have approved such new lease, license, occupancy agreement, renewal or Lease amendment; provided that such notice includes specific reference to this Section 3.3(d) and the deemed approval provision hereof.

  • Executed Loan Documents This Agreement, a Revolving Credit Note in favor of each Lender (if requested thereby), a Swingline Note in favor of the Swingline Lender (if requested thereby), a Discount Note in favor of each Non-BA Lender (if requested thereby) and the Security Documents, together with any other applicable Loan Documents, shall have been duly authorized, executed and delivered to the Administrative Agent by the parties thereto, shall be in full force and effect and no Default or Event of Default shall exist hereunder or thereunder.

  • Assignment of Leases The Assignment of Leases creates a valid assignment of, or a valid security interest in, certain rights under the Leases, subject only to a license granted to Borrower to exercise certain rights and to perform certain obligations of the lessor under the Leases, including the right to operate the Property. No Person other than Lender has any interest in or assignment of the Leases or any portion of the Rents due and payable or to become due and payable thereunder.