Common use of Lease Supplements Clause in Contracts

Lease Supplements. On or prior to the Completion Date with respect to the Improvements to be constructed on Unimproved Property and on or prior to the Property Closing Date with respect to each acquisition of Improved Property, Lessee covenants and agrees with Lessor that it will execute and deliver to Lessor a Lease Supplement for the Property to be leased effective as of the Basic Term Commencement Date for such Property (such Lease Supplement to be in substantially the form of Exhibit A hereto), and thereafter such Property shall be subject to the terms of this Lease.

Appears in 2 contracts

Sources: Lease Agreement (Meyer Fred Inc), Lease Agreement (Meyer Fred Inc)