JTC Lease definition

JTC Lease means the lease in respect of the Land (substantially in the form attached to the JTC Letter of Offer) to be granted by JTC to the Lessor pursuant to the JTC Letter of Offer.
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JTC Lease shall have the meaning ascribed to it in clause 1.1 of the Purchase Conditions.
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JTC Lease shall have the meaning set forth in the IMFS BSA.
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Examples of JTC Lease in a sentence

  • In connection with the acquisition, the Lessor shall accept the JTC Letter of Offer by 8 February 2019 and shall enter into a lease with JTC for the Land on the terms and conditions in the JTC Letter of Offer and the JTC Lease Documents or on such other terms and conditions stipulated by JTC.

  • In the event that JTC requires any amendments to be made to the JTC Lease Documents which may affect the Lessee’s rights, obligations, liabilities or use in respect of the Premises under this Lease, the Lessor shall notify the Lessee of such amendments as soon as practicable, and if the Lessee is not agreeable to such amendments, the Parties shall jointly approach JTC to discuss such amendments.

  • The Lessor shall comply with, at the Lessor’s cost, all the terms and conditions of the State Lease and the JTC Lease Documents to the extent applicable.

  • All stamp duty and registration fees on the JTC Lease Documents shall be borne by the Landlord.

  • If any of the terms and conditions of the JTC Lease is not satisfactory to HSBCIT, then HSBCIT shall be entitled to notify the Vendor in writing of such unsatisfactory terms and conditions and upon notification, the Lease shall be deemed not to have been issued.

  • The Vendor is the owner of the Property (defined below), subject to the terms and conditions of the Building Agreement and JTC Lease (defined below) under which the Vendor holds its leasehold interest in relation to the Property.

  • Jurong Town Corporation ("JTC") has granted to the Landlord a tenancy of certain premises at Centros Building in Biopolis ("the JTC Lease").

  • For the avoidance of doubt, paragraph (m) of Appendix A shall be without prejudice to the provisions of the Purchase Agreement pursuant to which the Vendor must pay for all additional land rent (if any) levied by JTC under the JTC Lease in respect of any period up to but excluding the date of Completion.

  • This offer of the lease of the Premises and the acceptance thereof is subject to (i) the grant of a lease from JTC to the Landlord for the Land on the terms and conditions of the JTC Lease Documents and (ii) the Tenant obtaining the necessary approvals from JTC and all relevant Authorities for the Permitted Use.

  • The Vendor is the owner of a leasehold interest in respect of the Property (defined below) subject to the terms and conditions of the JTC Lease (defined below).


More Definitions of JTC Lease

JTC Lease means the lease of the IMFS Premises issued, or to be issued, by JTC to IMFS pursuant to the provisions of the Building Agreement (as amended or supplemented in writing from time to time) and includes any document which amends or supplements such lease.
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