Examples of Existing Leases in a sentence
Prior to the end of the Due Diligence Period, BUYER may request of SELLER that it terminate any Existing Lease prior to Closing, if the terms of such Existing Lease expressly permit SELLER to so terminate it (or the tenant is on a month-to-month basis), and the Existing Lease does not require the payment of any sum, cost or expense to so terminate it, and SELLER shall terminate any such Existing Leases once all other Closing contingencies have been waived or satisfied.
The Existing Lessors shall have all rights to make changes and additions to the Building and Land as are provided in the Existing Leases.
If the wind energy lease applicant is unable to obtain written consent from the existing lessee(s) to the issuance of the wind energy lease, the Board shall determine whether the issuance of the proposed wind energy lease will substantively impair the Existing Lease(s).
Cash Basis (excludes periodic, contractual fixed rent increases) Renewals of Existing Leases Stores Re-leased to New Tenants (1) Average Annualized Base Rents Average Annualized Base Rents ($ per sq.
Tenant acknowledges that Landlord is or shall be the lessee under the Sublease Agreement, and Tenant further acknowledges and agrees that this Lease is subordinate to or will be subordinate to, and Tenant’s rights hereunder are subject to, all of the terms and conditions of the Existing Leases.