Examples of Garage Lease in a sentence
For the avoidance of doubt, it is the intent of these separate documents, including, without limitation, the Shared Maintenance and Easement Agreement and the Garage Lease for the Garage Unit that neither the Fishers Town Hall Building Corporation nor a City Body incur any cost, expense or liability as a result of its membership in the Corporation.
Developer shall also execute and deliver to City any documents necessary or requested to formally terminate the Garage Lease.
Lender shall consent to the termination of the Master Garage Lease at such time, if ever, as the Garage maintains an Underwritten Garage Debt Service Coverage Ratio of not less than 1.30:1.0 for four (4) consecutive calendar quarters.
On each Adjustment Date commencing on January 1, 2007, the Rent payable by the Operating Partnership under the Master Garage Lease above shall be increased or decreased, as applicable, in Lender’s reasonable determination, to the then current Garage NCF Deficit Amount.
Ancillary Agreements shall mean all instruments and agreements referenced or contemplated herein, including, without limitation, the Garage Lease, the Funding Agreement, the Declaration, the Developer Obligations Agreement, the Multi-Party Agreement, the Public Land Deed, the Garage Condominium Unit Deed, and any other agreements or reservations set forth therein and other documents needed to effecuate the intent of this Agreement and the Closing.