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.