Assumed Lease definition

Assumed Lease means the leases for the facilities located at (i) 200 Napoleon Street, San Francisco, California, (ii) 145 South Hill Drive, Brisbane, California (iii) 401 Jackson Street, Oakland, CA and (iv) 3345 Paul Davis Drive, Marina, California.

Assumed Lease means the ground lease for the San Antonio Facility assumed by Landlord and identified as a “Permitted Exception” on Exhibit B hereto

Assumed Lease means (i) a lease or renewal having a commencement date within 6 months of Tenant's Notice for space of approximately the same ' size as the Premises of the Building or a "Comparable Building," as hereinafter defined, located in a portion of the Building or such Comparable Building, and with a view and floor height similar to the portion of the Premises for which Prevailing Market Rental Rate is being determined, for a term equal in length to the Option Term; (ii) assuming that a real estate commission is payable with respect to such lease to the extent a third-party commission with respect to extension is agreed or obligated to be paid by Landlord; and (I ii) taking into consideration and making adjustment to reflect allowances and concessions provided in Landlord's Notice, if any, and the use of the Base Operating Expenses provided in Section 1.5 during the Option Term. "Comparable Building" shall mean any existing building or building hereafter constructed in the Dulles corridor of northern Virginia which is of a size, location, quality and prestige comparable to, and with a size and efficiency of floor plate, amenities, and with tenants of a stature reasonably comparable with the Building, provided that appropriate adjustments shall be made to adjust for differences in the size, location, age, efficiency of floorplate, and quality between such other buildings and the Building.

Examples of Assumed Lease in a sentence

• All other executory contracts and unexpired leases are rejected‌This section of the plan lists claims classified as Assumed Lease Paid by Debtor or Assumed Lease Paid by Trustee will print in this section on the 13 Plan Treatment tab of Schedules D, E andF.

• Buyer has been provided with a complete and correct copy of each Assumed Lease.

• No condition or state of facts exists, or, with due notice or lapse of time or both, would exist, which (a) entitles any Person to obtain any Lien (other than a Permitted Lien) upon any of the Acquired Assets (or upon any revenues, income or profits of the Business therefrom) or (b) constitutes a violation or breach of, or a default under, any Assumed Contract or Assumed Lease by Seller.

• Notwithstanding anything in this Agreement to the contrary, the parties acknowledge and agree that at the Closing, Seller is not assigning to Buyer any Assumed Contract, Assumed Lease or other right which by its terms requires the consent of any other party unless such consent has been obtained prior to the Closing (each an “Unassigned Contract”).

• No Seller or Transferred Subsidiary party to any material Lease relating to the Assumed Lease Real Property is in material default under any Lease and no event has occurred or circumstance exists which, with the delivery of notice, the passage of time or both, would constitute such a breach or default, or permit the termination, modification or acceleration of rent under such Lease.

More Definitions of Assumed Lease

Assumed Lease means each lease specifically identified on Schedule 4.5, together with all amendments, modifications, alterations and other changes thereto, except for the Assumed Real Estate Lease.

Assumed Lease is defined in Section 33.20(a).

Assumed Lease means the Lease identified on Schedule 3.7(a) to be assumed by Buyer or a Buyer Designee pursuant to the Lease Assignment as set forth on Schedule 3.7(a).

Assumed Lease means the Debtor’s lease for the premises at 7960 Donegan Drive, Suite 217, Manassas, Virginia which the Debtor assumed pursuant to the order entered by the Bankruptcy Court on July 20, 2017.

Assumed Lease has the meaning set forth in the definition of Acquired Assets.

Assumed Lease means the Lease Agreement between Xxxxxx Lea Port Authority and Xxxxxx dated May 11, 2017.

Assumed Lease means any Lease pursuant to which Seller leases any Leased Real Property or any Leased Personal Property.