Leases and Agreements Sample Clauses
The "Leases and Agreements" clause defines the rights and obligations of the parties regarding any leases or contractual agreements related to the subject property. It typically outlines which leases are in effect, the process for transferring or assigning these agreements, and the responsibilities for notifying tenants or third parties. This clause ensures that all parties are aware of existing commitments and provides a clear framework for handling ongoing agreements, thereby preventing disputes and ensuring continuity of obligations after a transaction or change in ownership.
Leases and Agreements. From and after the Effective Date, Seller shall not enter into any new leases or other occupancy agreements for the Property without first obtaining Buyer's advance written consent which shall not be unreasonably withheld prior to the expiration of the Contingency Period but may be withheld in Buyer's sole and absolute discretion after the expiration of the Contingency Period. From and after the Effective Date, Seller shall not terminate or amend any of the Leases or Approved Contracts or any other agreement concerning the Property, without Buyer’s advance written consent, which consent shall not be unreasonably withheld prior to the expiration of the Contingency Period but may be withheld in Buyer's sole and absolute discretion after the expiration of the Contingency Period, and Seller shall continue to perform all of its obligations under the Leases and Approved Contracts. If Seller requests Buyer’s consent to any new lease or other occupancy agreement or amendment to any existing Lease, Seller shall be required to provide Buyer with a reasonably detailed written summary of all of the material terms the proposed transaction along with an itemized list of all Tenant Inducement Costs which will be incurred in connection with the proposed transaction. Buyer shall give Seller written notice of approval or disapproval of a proposed new lease or other occupancy agreement or amendment to any existing Lease within ten (10) days after Buyer’s receipt of the items described above. If Buyer does not respond to Seller’s request within such time period, then Buyer will be deemed to have disapproved such new lease or other occupancy agreement or amendment to any existing Lease.
Leases and Agreements. Between the date of this Agreement and the Closing, Seller, shall maintain all relevant insurance policies and shall not, without Buyer’s prior written consent: (a) enter into a lease or tenancy or occupancy agreement with respect to the Property or portion thereof, (b) enter into, amend, renew, terminate or extend any agreement affecting the Property, except for those agreements to be terminated as set forth in this Agreement; or (s) negotiate the terms of or enter into any lease or other agreement with any person or entity for the delivery of water from the Property.
Leases and Agreements. The rights of the Company arising under the "Assumed Contracts", as defined in Section 5.11(a) hereof, including specifically, the Leases and other agreements specifically listed on Schedule 5.11 hereto, including any renewals, extensions, amendments or modifications thereof, and any additional third party agreements, leases, commitments and orders made or entered into in the ordinary course of business between the date of this Agreement and the Closing Date.
Leases and Agreements. With respect to the Basic Documents, Seller or, to the best of Seller's knowledge, a predecessor in interest of Seller has fulfilled all requirements applicable to Seller for filings, certificates, disclosures of parties in interest, and other similar matters contained in leases and other instruments (or otherwise applicable thereto by law, rule or regulation) and Seller is fully qualified to own and hold the interest of Seller therein.
Leases and Agreements. [Describe by title, parties and date and list patented and unpatented mining claims (with information described in 2 and 3 below) and other properties subject thereto]
Leases and Agreements. All leases, commitments, --------------------- orders, contracts and agreements to which either Company is a party, including any renewals, extensions, amendments or modifications thereof, and any additional agreements, leases, contracts, commitments and orders made or entered into in accordance with the terms of this Agreement and in the ordinary course of business between the date of this Agreement and the Closing Date.
Leases and Agreements. They shall not enter into any lease of or franchise agreement for any of the Properties without first obtaining the written consent of Bank, which consent shall not be unreasonablely withheld. Borrower further agrees to enter into and execute any such document Bank or Bank's counsel believes is necessary to create a security interest in such lease or agreement.
Leases and Agreements. Enter into or permit or suffer it or any of its property to become or remain bound by or subject to any lease, contract or agreement, except (i) the Loan Documents, and (ii) the contracts specified in Schedule 5.1(e).
Leases and Agreements. If applicable and if Lender so requests, copies of all leases, lease amendments and other Property Agreements entered into since the date of the last Advance;
Leases and Agreements. Seller shall not amend or terminate the Nextel Lease or any of the Approved Contracts, shall not make any other agreement concerning the Property, including, without limitation, any new leases of space in the Property, without Buyer's advance written consent, which may be withheld in Buyer's sole discretion, and shall perform all of its obligations under the Approved Contracts and the Nextel Lease.