Forward Lease definition

Forward Lease means a lease substantially in the form contained in Schedule 2 (Form of Forward Lease) in relation to the Istisna’ Development.
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Forward Lease means that Forward Lease dated on or around the date of this Agreement entered into between the Lessor and the Service Agent (as Lessee) pursuant to the Master Forward Lease Agreement.
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Forward Lease means that lease dated on or around the date of this Sale Undertaking in relation to the Leased Asset entered into between the Company (as Lessee) and the Investment Agent (as Lessor) pursuant to the Master Forward Lease Agreement.
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Examples of Forward Lease in a sentence

  • The Lessee shall, to the satisfaction of the Lessor (acting reasonably), do all things necessary under the laws of any relevant jurisdiction to protect and safeguard the Lessor’s right, title and interest in the Leased Asset, including the obtaining of all necessary Authorisations and, if required by the Lessor, the filing of this Agreement, the Forward Lease or any other applicable documents with any competent authority.

  • If the Lessee fails to comply with any other obligations under this Agreement or the Forward Lease (and without prejudice to the right of the Lessor to treat that non-compliance as an Event of Default), the Lessor may, at the Lessee’s expense, take such action as the Lessor deems expedient or necessary in order to arrange for compliance with such provisions, but without any obligation on the Lessor to do so.

  • The obligations and rights of the Parties in respect of the lease shall be governed by the Forward Lease Agreement.

  • This Forward Lease may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of the Forward Lease.

  • The Master Istisna’ Agreement and the Master Forward Lease Agreement are being entered into on or around the date of this Agreement.

  • The provisions of clause 24 (Enforcement) of the Master Forward Lease Agreement shall apply to this Forward Lease.

  • Except as otherwise expressly provided in this Agreement, capitalized terms used in this Agreement and not otherwise defined herein shall have the meanings given to such terms in the Forward Lease Agreement.

  • The provisions of the Master Forward Lease Agreement are incorporated into this Forward Lease mutatis mutandis.

  • Pursuant to the terms of the Forward Lease, the Investment Agent (acting in the capacity as the Lessor) has agreed to lease the Leased Asset to the Lessee.

  • The Lessor shall take out an insurance (Takaful) policy and (or) any for the Property during the course of the Forward Lease (the “Insurance Policy”).