Dealer Lease definition
Examples of Dealer Lease in a sentence
Notwithstanding anything to the contrary contained herein, Purchaser shall not be entitled to terminate this Agreement and Seller shall not be liable to Purchaser, and Purchaser shall not receive a reduction in, or a credit against, the Purchase Price, in the event any Subtenant vacates its premises, defaults under its Dealer Lease in any respect, or if any Subtenant terminates its Dealer Lease in accordance with rights granted Subtenant under the terms of its Dealer Lease, prior to the Closing Date.
Nothing in this Lease shall be construed to limit Lessee’s right to enter into such Dealer Leases, and Lessor’s consent shall not be required for Lessee to enter into or terminate any Dealer Leases; so long as any new Dealer Lease entered into, or any existing Dealer Lease renewed, extended or materially modified, from and after the date of this Lease shall provide that:(i) the Dealer Leases are expressly subject and subordinate to this Lease and (ii) contain the provisions of Section 20(f) of this Lease.
Nothing in this Lease shall be construed to limit Lessee’s right to enter into such Dealer Leases, and Lessor’s consent shall not be required for Lessee to enter into or terminate any Dealer Leases; so long as any new Dealer Lease entered into, or any existing Dealer Lease renewed, extended or materially modified, from and after the date of this Lease shall (i) provide that the Dealer Leases are expressly subject and subordinate to this Lease and (ii) contain the provisions of Section 20(f) of this Lease.
Further, Lessor shall have no obligation or liability under the Dealer Leases under any circumstances whatsoever, nor shall the Lessee have any obligation to honor any Dealer Lease.
In no event shall Lessee be excused from performing its obligations under this Lease notwithstanding the existence of a Dealer Lease.
Addendum to those Dealer Lease Agreements set forth on Exhibit A hereto and any future supplements/schedules thereto (each, an “Agreement”, and collectively, the “Agreements”), between LANCASTER COUNTY , as Customer and U.S. Bank Equipment Finance, a division of U.S. Bank National Association (“U.S. Bank Equipment Finance”), as Lessor.
Addendum to those Dealer Lease Agreements set forth on Exhibit A hereto and any future supplements/schedules thereto (each, an “Agreement”, and collectively, the “Agreements”), between LINCOLN NEBRASKA CITY OF, as Customer and U.S. Bank Equipment Finance, a division of U.S. Bank National Association (“U.S. Bank Equipment Finance”), as Lessor.
In no event shall Lessee be excused from performing its obligations under this Lease notwithstanding the existence of a Dealer Lease on a Site.
Further, Lessor shall have no obligation or liability under the Dealer Leases under any circumstances whatsoever, nor shall the Lessor have any obligation to honor any Dealer Lease.