Leases and Agreements. From and after the Effective Date, Seller shall not enter into any new leases or other occupancy agreements for the Property without first obtaining Buyer's advance written consent which shall not be unreasonably withheld prior to the expiration of the Contingency Period but may be withheld in Buyer's sole and absolute discretion after the expiration of the Contingency Period. From and after the Effective Date, Seller shall not terminate or amend any of the Leases or Approved Contracts or any other agreement concerning the Property, without Buyer’s advance written consent, which consent shall not be unreasonably withheld prior to the expiration of the Contingency Period but may be withheld in Buyer's sole and absolute discretion after the expiration of the Contingency Period, and Seller shall continue to perform all of its obligations under the Leases and Approved Contracts. If Seller requests Buyer’s consent to any new lease or other occupancy agreement or amendment to any existing Lease, Seller shall be required to provide Buyer with a reasonably detailed written summary of all of the material terms the proposed transaction along with an itemized list of all Tenant Inducement Costs which will be incurred in connection with the proposed transaction. Buyer shall give Seller written notice of approval or disapproval of a proposed new lease or other occupancy agreement or amendment to any existing Lease within ten (10) days after Buyer’s receipt of the items described above. If Buyer does not respond to Seller’s request within such time period, then Buyer will be deemed to have disapproved such new lease or other occupancy agreement or amendment to any existing Lease.
Leases and Agreements. Between the date of this Agreement and the Closing, Seller, shall maintain all relevant insurance policies and shall not, without Buyer’s prior written consent: (a) enter into a lease or tenancy or occupancy agreement with respect to the Property or portion thereof, (b) enter into, amend, renew, terminate or extend any agreement affecting the Property, except for those agreements to be terminated as set forth in this Agreement; or (s) negotiate the terms of or enter into any lease or other agreement with any person or entity for the delivery of water from the Property.
Leases and Agreements. With respect to the Basic Documents, Seller or, to the best of Seller's knowledge, a predecessor in interest of Seller has fulfilled all requirements applicable to Seller for filings, certificates, disclosures of parties in interest, and other similar matters contained in leases and other instruments (or otherwise applicable thereto by law, rule or regulation) and Seller is fully qualified to own and hold the interest of Seller therein.
Leases and Agreements. The rights of the Companies --------------------- arising under the "Assumed Contracts", as defined in Section 5.11(a) hereof, including specifically, the Leases and other agreements specifically listed or referred to on Schedule 5.11(a) hereto and indicated by asterisk, including any renewals, extensions, amendments or modifications thereof.
Leases and Agreements. Indiana Xxxxx is the current owner of a certain Option to Lease and Drilling Agreement between Indiana Xxxxx and Indiana Franklin Realty, Inc., dated September 15, 2004, which provides, in part, a five year option to acquire a coalbed methane lease covering approximately 85,000 gross acres of land within the Xxxxx Prospect Area, which are depicted in yellow on Exhibit A and which are more particularly described on Exhibit B hereto. The Option to Lease and Drilling Agreement (“Option Agreement”) and the proposed form Coal Bed Methane Lease document (“Lease Form”) are identified on Exhibit B. The Option Agreement and the Lease Form are, sometimes, collectively referred to as the “Leases and Agreements.” EXPLORATION AND DEVELOPMENT AGREEMENT
Leases and Agreements. The rights of the Company --------------------- arising under all contracts and agreements to which it is a party, including any renewals, extensions, amendments or modifications thereof other than contracts and agreements which will, in accordance with this Agreement, terminate before Closing.
Leases and Agreements. Seller represents to Buyer that there are no leases in effect with respect to the Premises and no written agreements with respect to the maintenance or operation of the Premises which will survive the Closing, except as specified on Exhibit D attached hereto (collectively “Operating Agreements”). At the Closing, Seller shall assign and otherwise convey to Buyer all of Seller’s rights, title and interests in the Operating Agreements pursuant to the Assignment and Assumption of Contracts (as hereinafter defined) and Buyer shall assume all obligations thereunder, whether arising before or after the Closing other than any obligation arising out of Seller’s breach of the terms of a Operating Agreement prior to the Closing. [ * ] indicates that information has been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidentiality treatment.
Leases and Agreements. The rights of CND arising --------------------- under all contracts and agreements to which it is a party, including any renewals, extensions, amendments or modifications thereof (including, without limitation, the Assumed Contracts).
Leases and Agreements. They shall not enter into any lease of or franchise agreement for any of the Properties without first obtaining the written consent of Bank, which consent shall not be unreasonablely withheld. Borrower further agrees to enter into and execute any such document Bank or Bank's counsel believes is necessary to create a security interest in such lease or agreement.
Leases and Agreements. From and after the Effective Date, Seller shall not enter into any new lease or other occupancy agreements for the Property which will survive Closing without first obtaining Buyer’s advance written consent, which may be withheld in Buyer’s sole and absolute discretion.
