Interim Lease. If Purchaser or its designee has not obtained the necessary licenses, certificates, permits and approvals to operate the Facility on and after the Closing Date, then Existing Operator shall execute and deliver to Escrow Agent two (2) original copies of the Interim Lease;
Interim Lease. Landlord shall lease the Interim Leased Premises to Tenant for the Interim Lease Term.
Interim Lease. Seller and Buyer shall enter into an interim ------------- lease (the "Interim Lease"), in form and substance reasonably satisfactory to ------------- the parties hereto with respect to the real property, more fully described on Attachment 1 hereto, owned by Seller and used in connection with the operation of the Business. The Interim Lease will provide for the lease by Buyer of such property for which Buyer will pay Seller's carrying costs with respect to such property until the property is conveyed to Buyer in accordance with the terms of this Agreement.
Interim Lease. Seller and Purchaser shall have executed and delivered a lease of the Premises for a period of 90 days following the Closing Date on terms and conditions mutually satisfactory to both parties (which shall include a monthly rent of $75,000, "triple net") in the form attached hereto as Schedule 6.5.
Interim Lease. The "Property" and certain other immediate surrounding land will be improved by construction of an adjacent highway primarily using Federal funds, The Federal Highway Administration has determined that no transfers of title to such land to private industry may take place prior to completion of the interchange which is projected to occur on or before the end of the second quarter of the Calendar Year 2001. In the event Probex chooses to exercise the Purchase Option, then an Interim Lease shall automatically then be deemed to be in effect between the parties which shall remain in effect until Authority certifies to Probex in writing that the interchange is complete. Rental payments under the Interim Lease shall be Twenty Thousand Dollars ($20,000.00) per month which payments in total shall be credited against the Purchase Price. Other terms and conditions of the Interim Lease are set forth in Exhibit C attached hereto and made a part hereof for all purposes. Closing on the Purchase shall occur in the offices of Authority within 20 business days of Authority's notice to Probex that the interchange is complete.
Interim Lease. To cover the lease amount payable for the period between the delivery of any new Equipment pursuant to an Agreement Confirmation and the next scheduled Payment Date, you will becharged an Interim Lease Payment calculated on a daily pro rata basis. If an Interim Lease Payment is payable, it is due when the Agreement Confirmation is received. The Interim Lease Payment (if any) once calculated by us, will be shown on the Agreement Confirmation. Part D – Loss, Damage and Insurance if FlexiRent Protect is not selected 31. Loss or Damage
Interim Lease. 11 -------------
Interim Lease. (a) On the Interim Lease Date, Seller shall lease to Buyer, and Buyer shall lease from Seller, the Equipment on the terms and conditions provided in this Agreement. On the Interim Lease Date, Seller shall deliver the Equipment to Buyer at the Tucson International Airport, Tucson, Arizona or such other location as Seller and Buyer shall agree (the "Delivery Location").
Interim Lease. Xxxxxxxxx agrees to enter into an interim lease with City upon the later of approval of a DDA or conveyance of the First Transfer Parcel, subject to the following:
Interim Lease. The parties acknowledge that this Lease is being executed in conjunction with a larger transaction in which Tenant, the former owner of the Premises, formed a partnership with Fortune KB GP, LLC (“Fortune GP”) and Fortune KB, LLC, which partnership is the Landlord hereunder, for the purposes described in the Partnership Agreement (as defined below). These terms of the partnership are set forth in the Agreement of Limited Liability Limited Partnership of SBR-Fortune Associates, LLLP dated as of January 17, 2005 (the “Partnership Agreement”). The Partnership Agreement provides that Tenant shall have the right to continue to operate the Hotel pursuant to an “Interim Lease” and this is the “Interim Lease” referred to therein. Terms used but not defined in this Lease shall have the meaning set forth in the Partnership Agreement.
