Additional Leases. In the event that Operator acquires any additional leases ("Additional Lease") other than the Subject Interests in the AMI Areas prior to Operator's satisfaction of Operator's drilling requirements in Section 2.01, Operator and Black Stone shall execute, acknowledge, and deliver an instrument that amends this Development Agreement so that such Additional Lease will be part of the Subject Interests and Subject Development Lands hereunder.
Additional Leases. (a) Grant a first-priority collateral assignment in favor of the Bank encumbering any additional Lease hereafter entered into by any Borrower or spread the lien of the Lease Assignments (for any additional Leases leasing property located in a jurisdiction in which a Lease Assignment has been recorded or filed and remains in effect) to such Lease, in each case pursuant to a form of Lease Assignment or spreader agreement approved by the Bank. The Lease Assignment or spreader shall be in recordable form and shall be recorded in the appropriate public or land records simultaneously with the recording of a short form or memorandum of such additional Lease; and (b) either cause any such additional Lease to include the following provisions or obtain the landlord's specific consent to the Bank containing the following provisions:
Additional Leases. To the extent that there are any Additional Leases prior to Assignor’s satisfaction of Assignor’s drilling requirements in Section 2.01, such Additional Lease, without any further action hereunder, shall become part of the Subject Interests and Subject Development Lands hereunder at such time.
Additional Leases. Prior to the Closing, Buyer and Seller shall in good faith negotiate the terms of any leases of real property reasonably necessary to accommodate the operation of the Business by Buyer separate from the operations of Seller and its subsidiaries that are not part of MTG ( "Seller's Remaining Operations") and any leases of real property reasonably necessary to accommodate Seller and its subsidiaries in vacating the Real Property, on terms and conditions that are comparable to the terms and conditions of the appropriate analogous leases referred to in Section 6.15. Such leases shall include without limitation the following locations currently being used by the Business: the "Tech Center" in Madison Heights, Michigan, the Offenbach, Germany facility, the Santa Fe Springs facility and the Singapore facility.
Additional Leases. The Company shall not enter into any lease or ----------------- related documents other than the Leases, the Operative Agreements, the Company Documents and the Car Service Contracts without the prior written consent of each Lessor which is then a Beneficiary under this Agreement and unless each of the Rating Agencies, after giving effect to such transaction, shall have confirmed (x) their initial ratings with respect to any Rated Security and (y) that the Company entering into such lease and related documents will not result in the lowering of their rating on any Rated Security.
Additional Leases. In the event that Assignor acquires any additional lease ("Additional Lease") other than the Subject Interests in ---------------- the AMI Areas prior to Assignor's satisfaction of Assignor's drilling requirements in Section 2.01 of the Development Agreement, Assignor and Assignee shall execute, acknowledge, and deliver an instrument that amends this Conveyance so that such Additional Lease will be subject to the Term Royalty Interest and be part of the Subject Interests and Subject Lands hereunder.
Additional Leases. Assignor will give the Assignee prompt notice of any lease entered into between the Lessee under the Ground Lease and any Person for space at the Premises.
Additional Leases. Except as otherwise set forth in the Mortgage, ------------------ Assignor shall not enter into any additional Leases or renew any existing Leases without the prior written consent of Assignee.
Additional Leases. (a) Each of Purchaser and Seller agree to negotiate in good faith to enter into (or cause their appropriate subsidiaries to enter into) at Closing a lease agreement with respect to the property at Walsroder Str. 9, 11, 13 and 15, Munchner Str. 67, 77 and 79 and Hexxxxx 000 xx Xxxxxx, Xxxxxxx (xxx "Xxxxxx Xxxlease") containing the following terms (i) a term of 10 years, provided that Purchaser may terminate such lease on the twelve month anniversary of the Closing by delivering written notice of such termination to Seller on or prior to the eleven month anniversary of the Closing and that Purchaser may terminate such lease any time after the fourth anniversary of the Closing Date by delivering written notice of such termination to Seller at least six months prior to the date of termination and (ii) a fair market value rent (to be determined by a mutually agreed independent expert if the parties are unable to agree on such fair market value), provided that the rent for the first year of the lease shall be zero, and such other terms as may be mutually agreed by the parties.
Additional Leases. Except as set forth in Schedule 4.35(f), there are no leases, subleases, licenses, concessions or other agreements granting to any party or parties the right to use or occupy any portion of the Leased Real Property.
