Colocation Lease definition
Examples of Colocation Lease in a sentence
The Borrower shall, and shall cause each member of the Borrower Group to, (a) use reasonable efforts to obtain from the relevant lessors with respect to each Colocation Lease entered into after the Effective Date Landlord Consent and Estoppel Agreements in favor of the Administrative Agent, and (b) report to the Administrative Agent in writing within sixty days after entering into each Colocation Lease after the Closing Date as to the status of such efforts with respect to each Colocation Lease.
Where such holding in trust would result in the breach of any Colocation Lease the Vendor and the Purchaser shall make such other arrangements between themselves which will, without giving rise to such a breach, and so far as is practicable, secure rights for the Purchaser equivalent to those it would enjoy from having transferred to it the benefit of the relevant parts of the Colocation Lease with effect from the Transfer Date, or as soon as practicable thereafter.
Such use shall be subject to the terms of the relevant Colocation Lease, with which the Purchaser undertakes at all times to comply and to do nothing to cause the Vendor to breach or incur liability thereunder.