Governmental Leases definition

Governmental Leases means Leases with any federal or state government or other political subdivision thereof for space on a Tower located on a Site, provided that such lease (by way of a lease, purchase order, request for proposal, or similar requisition system) does not contain any provision that would materially and adversely affect Lender’s Collateral or the priority of any Deed of Trust.
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Governmental Leases means Leases with any Federal or state government or other political subdivision thereof for space on a Tower Site, provided that such lease (by way of a lease, purchase order, request for proposal, or similar requisition system) does not contain any provision that would materially and adversely affect the Collateral.
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Examples of Governmental Leases in a sentence

  • The Governmental Leases remain in full force and effect and neither the Lessee nor the Parent Guarantor is aware of any fact or circumstance which could have a Material Adverse Effect on the ability of the Lessee or any licensee of same to exercise its rights and enjoy the benefits of such Governmental Leases including, without limitation, locating the Platform on the Site.

  • The Lessee agrees to duly and timely perform all obligations under each Governmental Lease (including, without limitation, the payment of all royalties or other amounts due thereunder from time to time) and to comply with all provisions of such Governmental Leases.

  • The Lessee will forward to Lessor, and the Agent and the Participants all copies of all notices delivered to any party to the Governmental Leases within ten days of receipt or dispatch, as the case may be.