Common use of Other Material Agreements Clause in Contracts

Other Material Agreements. Lessee shall not (i) enter into any other material agreement relating to any portion of the Leased Properties, or (ii) if entered into with Lessor's consent, thereafter, amend, modify, renew, replace or otherwise change the terms of any such material agreement without the prior written consent of Lessor. For purposes of this Section 8.3.7, a "material agreement" shall mean any agreement or commitment which requires total payments by Lessee in excess of $1,500,000.00, or accumulated annual payments in excess of $500,000.00.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Williams Companies Inc), Master Lease (Williams Companies Inc), Credit Agreement (Williams Companies Inc)

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