Atlanta Lease. Pursuant to the Transition Services Agreement, the Sellers agree to continue to make available to the Company employees their office space as such space exists as of the date hereof, including furnishings, utilities, telephone service and other amenities, in Atlanta, Georgia for a period of thirty (30) days after Closing without charge to the Company or Purchaser.
Atlanta Lease. Commencement Date: March 14, 1983 Options or Rights to Renew: Lessee has 2 successive 5-year (or approximately 5-year) options to renew, as follows: one term of 5 years commencing upon the expiration of the original ten year term; one term of approximately 5 years commencing upon the expiration date of the first extension term and expiring upon the expiration of the original term of the xxxxxxxxx as described in the Atlanta Lease; and then 4 terms of 5 years each coincident with the extension terms of the xxxxxxxxx as described in the Atlanta Lease.
Atlanta Lease. 41 5.9 SECTION 338 ELECTION................................................................................. 41 5.10 APPLICATION OF SALE PROCEEDS......................................................................... 42 5.11 TRANSFER/ASSIGNMENT OF ASSETS BY THE SELLER.......................................................... 42 5.12 RELEASES............................................................................................. 43 5.13
Atlanta Lease. After the Closing, the parties shall continue to work together in good faith and shall use their commercially reasonable efforts, at no cost or expense to the Seller, to obtain a real property lease in the name of the Company or its designee for the Atlanta FBO Location (as defined below).
Atlanta Lease. Prior to or after the Closing, neither Buyer, CSI, Seller nor any of their respective subsidiaries shall permit any renewal or extension of the Atlanta Lease, or any amendment or modification thereto or any termination thereof, unless in connection with such renewal, extension, amendment, modification or termination, the Atlanta Guaranty is simultaneously terminated, and CSI and its subsidiaries and affiliates (other than the Company and the Xxxxxx Subsidiaries) are released from all liabilities and obligations with respect to the Atlanta Lease, including under the Atlanta Guaranty. For purposes of this Section 5.16, “Atlanta Lease” means the Tenant Lease dated as of December 3, 2009, by and between and the Xxxxxx Company, relating to the leased space at 0000 Xxxx Xxxxx Xxxxxxxx, Xxxxx Creek, GA 30097, and “Atlanta Guaranty” means the Guaranty of Lease, dated December 3, 2009, by and between GPO Xxxxx Creek LLC and Xxxxxxx Xxxxxxx XX, as guarantor.
