Existing Lease Agreements Sample Clauses
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Existing Lease Agreements. 10.1 The PROPERTY is sold subject to all existing leases and vacant possession of the
10.2 The PURCHASER shall be bound by the terms and conditions of all existing leases, of which he acknowledges his is fully apprised alternatively which he has elected to accept and abide by.
10.3 The PURCHASER is aware of the provisionsof:
10.3.1 the “Restitution of Land Rights Act. 22 of1994”.
10.3.2 the “Land Reform (Labour Tenants) Act of1996”.
10.3.3 the “Extension of Security of Tenure Act 62 of1997” (ESTA) which regulate and/or secure the rights of tenure and occupation on land of any third party. Save as may be herein set out, the SELLER has not given any warranty or made any representations, whether express or implied, to the PURCHASER regarding the rights in law of any occupier or potential occupier or any third party in terms of the aforementioned Acts and more particularly, the PURCHASER indemnifies the SELLER against any claim or action which any occupier or claimant may bring in terms of the PROPERTY.
Existing Lease Agreements. Landlord and Tenant presently have certain rights and obligations under and pursuant to agreements prior to this date and it is the intention of the parties to consolidate and novate the rights and obligations of the Landlord and Tenant into this Agreement, and absent breech or default of this Agreement, all past rights and obligations of the parties shall be controlled by this Agreement
Existing Lease Agreements. Copies of any existing real property leases and equipment leases to which each Credit Party is a party and any other document or instrument evidencing or relating to existing Indebtedness of each Credit Party, together with all certificates, opinions, instruments, security documents and other documents relating thereto, all of which shall be satisfactory in form and substance to Lender, certified by an authorized officer of such Credit Party as true, correct and complete copies thereof. 6.
Existing Lease Agreements. Copies of any existing real property leases and equipment leases to which Borrower is a party and any other document or instrument evidencing or relating to existing Indebtedness of Borrower, together with all certificates, opinions, instruments, security documents and other documents relating thereto, all of which shall be satisfactory in form and substance to Lender, certified by an Authorized Officer of Borrower as true, correct and complete copies thereof.
Existing Lease Agreements. Seller shall provide purchaser with complete copies of the rent roll and all leases that are currently in effect for purchaser review prior to closing.
Existing Lease Agreements. Tenant currently occupies the Premises pursuant to (a) that certain Lease Agreement dated November 15, 1996 by and between Landlord (as successor in interest to Shelby Distribution Park) and Tenant (as successor in interest to ▇▇▇▇▇▇▇▇ Standard, Inc.), as amended (which lease relates to 75,000 square feet of the Premises) and (b) that certain Lease Agreement dated May 31, 2000 between Landlord (as successor in interest to Shelby Distribution Park) and Tenant (which lease relates to 45,000 square feet of the Premises)(collectively, the ”Existing Lease Agreements”). Effective as of the Commencement Date, this Lease supersedes and replaces the Existing Lease Agreements in their entirety. Notwithstanding the foregoing, for purposes of calculating Tenant’s percentage share of various expenses, as set forth herein, 2006 shall be treated as a single “lease year” hereunder, rather than as a partial lease year under the Existing Lease Agreements and a partial lease year hereunder.
Existing Lease Agreements. Company and/or Shareholders, as applicable, shall have terminated (i) the existing shareholder agreement in place by and between Company and Shareholders, (ii) all existing agreements in place between Company and Shareholders and any Shareholder Affiliate, whether written or oral, including but not limited to all existing lease agreements between Company and Shareholders or any Shareholder Affiliate. In addition, the Company shall have assigned to the Shareholders or a Shareholder Affiliate all of the Company's rights and obligations under the existing lease agreement relating to the Denric Tool Property between Company and the lessee thereof.
Existing Lease Agreements. 32 7.09 Environmental and Health and Safety Audit............................... 33 7.10 Due Diligence........................................................... 33 7.11 Transfer of Denric Tool Property........................................ 33 7.12