Existing Space Leases definition

Existing Space Leases shall have the meaning ascribed to it in Section 6.1(d).

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Existing Space Leases means leases or subleases from NAI of space within the Improvements, if any, which are existing as of the Effective Date and are included in the list of Permitted Encumbrances attached as Exhibit B to the Closing Certificate.

Existing Space Leases means the following leases, each of which covers space in the Improvements and was executed before Lessor acquired the Land and the Improvements: (i) One Lake Park Lease Agreement, dated March 27, 2002, between Seller and Forum Financial Services, Inc., as amended; (ii) One Lake Park Lease Agreement, dated November 9, 2005, between Seller and Glow Networks, Inc., as amended; (iii) One Lake Park Lease Agreement dated May 17, 2000, between AOC Development II, L.L.C. and Datatrac Information Services, Inc., as amended; (iv) One Lake Park Lease Agreement, dated March 29, 2000, between AOC Development II, L.L.C. and Philips Semiconductors, Inc., as amended; (v) One Lake Park Lease Agreement, dated March 4, 2003, between Seller and V▇▇▇▇▇ S▇▇▇▇▇ IBG, L.P., as amended; (vi) One Lake Park Lease Agreement, dated September 1, 2005, between Seller and Axes Technology, Inc., as amended; and (vii) the Existing Lennox Leases.

Examples of Existing Space Leases in a sentence

Accordingly, it is the intent of the parties that Lessor will not assume or retain responsibility for the condition of the Land or the Improvements or for any obligations undertaken by the lessor/owner pursuant to the Existing Space Leases.
Further, nothing in this Lease shall prevent or impair any of the Existing Tenants from exercising their rights and privileges under the Existing Space Leases.
Nothing in this Lease shall prevent or impair Tenant from performing its obligations or observing its covenants under the Existing Space Leases.
For so long as this Lease remains in effect, Tenant covenants and agrees to continue to discharge all of the lessor's obligations under the Existing Space Leases, whether accrued or accruing before or during the Term.
As compensation for administering the Existing Space Leases during each calendar month or portion thereof after the Effective Date and prior to the Completion Date or any Termination of LRC’s Work, LRC will be entitled to the payment by or on behalf of BNPPLC of a management fee of three percent (3%) of the rents payable (whether or not collected) under the Existing Space Leases for such calendar month or portion thereof.
In addition, such inspections shall be subject to the rights of tenants under Existing Space Leases.
Tenant shall indemnify, defend, and hold harmless Landlord against any obligation of Landlord under the Existing Space Leases arising or accruing during the Term, except to the extent Tenant is unable to perform such obligations as a result of Landlord's breach of its obligations under this Lease.
In furtherance thereof, Lessor hereby assigns and conveys to Lessee all of its right, title and interests in the Existing Space Leases and Lessee hereby accepts such right, title and interests and hereby assumes any and all obligations of the lessor/owner pursuant to the Existing Space Leases, the parties hereto agreeing that Lessor shall not have any obligations under any Existing Space Lease.
No such action by Tenant or the Existing Tenants in accordance with the Existing Space Leases shall be deemed to be a breach or default by Tenant under this Lease.
Prior to any Termination of LRC’s Work, LRC’s rights under this Agreement will extend to and include the right to enforce and administer Existing Space Leases and to receive and enjoy all benefits conferred upon BNPPLC by the Existing Space Leases, including the right to receive rents thereunder as they become due.

More Definitions of Existing Space Leases

Existing Space Leases means the following leases, each of which covers space in the Improvements and was executed before Lessor acquired the Land and the Improvements: (i) One Lake Park Lease Agreement, dated November 9, 2005, between Original Seller and Glow Networks, Inc., as amended and assigned; (ii) One Lake Park Lease Agreement, dated March 29, 2000, between AOC Development II, L.L.C. and Philips Semiconductors, Inc., as amended and assigned; (iii) One Lake Park Lease Agreement, dated September 1, 2005, between Original Seller and Axes Technology, Inc. (now known as Tech Mahindra (Americas) Inc.), as amended and assigned; (iv) Lease Agreement dated November 28, 2006, between Original Lessee and GWA Innovative Technology, Inc., as amended and assigned; and (v) Lease Agreement dated April 29, 2008, between Original Lessee and Managed Petroleum Group, Inc., as amended and assigned.

Existing Space Leases means the existing space leases at the Hasbrouck Heights, New Jersey Property listed on EXHIBIT H hereto.

Existing Space Leases means the leases and other forms of occupancy agreements, if any, entered into by or on behalf of Seller or any predecessor in interest to Seller with respect to the Premises (including all modifications and amendments thereto and any guaranties or other collateral agreements pertaining thereto) for space in the Premises which are in effect on the date of this Contract and listed on Schedule C-2 annexed hereto.

Existing Space Leases means the following leases (whether one or more) of space within the Improvements to the extent the same are still in force on the Effective Date: indenture of lease dated June 12, 1975 between The Equitable Life Assurance Society of the United States, and landlord, and ESL Incorporated, as tenant, as amended by (a) that certain extension of lease dated June 16, 1980; (b) that certain extension of lease dated March 20, 1985; (c) that certain lease amendment dated August 1, 1989; (d) that certain lease amendment dated September 1, 1991; and (e) that certain third amendment to lease dated July 6, 1998.