MEMORANDUM OF MASTER LEASE. Concurrently with the execution of this Lease, Lessor and Lessee are executing the Memorandum to be recorded in the applicable real property records with respect to each of the Properties. Further, upon Lessor's request, Lessee agrees to execute and acknowledge a termination of lease and/or quit claim deed in recordable form with respect to each of the Properties to be held by Lessor until the expiration or sooner termination of the Lease Term.
Appears in 11 contracts
Samples: Master Lease (Piccadilly Cafeterias Inc), Master Lease (Piccadilly Cafeterias Inc), Master Lease (Uno Restaurant Corp)
MEMORANDUM OF MASTER LEASE. Concurrently with the execution of this Lease, Lessor and Lessee are executing the Memorandum to be recorded in the applicable real property records with respect to each of the Properties. Further, upon Lessor's request, Lessee agrees to execute and acknowledge a termination of lease and/or quit claim deed in recordable form with respect to each of the Properties to be held by Lessor and the Equipment Premises (with respect to the Equipment to be held by Lessor) until the expiration or sooner termination of the Lease Term.
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Samples: Master Lease (Alon USA Energy, Inc.)