IP Leases definition

IP Leases. Section 3.2.1 “Land” Section 2.1 “Landlord” Section 1.2

Examples of IP Leases in a sentence

  • Provided that (i) there then exists no Event of Default or condition or state of facts which with the passage of time or giving of notice, or both, would constitute an Event of Default, and (ii) this Lease is then in full force and effect, the Maximum Landlord Delay Cost shall be paid on October 1, 2003, regardless of whether a holdover under the IP Leases occurs.

  • Landlord shall in no event be liable for any other costs, damages or liability incurred by Tenant as a result of any such delay, including any liability of Tenant under any other lease which is cross-defaulted with one or both of the IP Leases.

  • After the date hereof, Tenant shall not amend the IP Leases without the prior written consent of Landlord, which consent shall not be unreasonably withheld, delayed or conditioned.

  • Any decision by Tenant to extend the term of either one or both of the IP Leases, in accordance with the terms thereof shall be within Tenant's sole discretion, provided that Tenant notifies Landlord before such extension as provided in Section 3.3.6.

  • Any decision by Tenant to extend the term of either one or both of the IP Leases, in accordance with the terms thereof shall be within Tenant’s sole discretion, provided that Tenant notifies Landlord before such extension as provided in Section 3.3.6.

Related to IP Leases

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.