LACD definition
Examples of LACD in a sentence
The foregoing notwithstanding, Company may solicit offers, participate in negotiations, and execute any necessary agreements related solely to the sale of the assets of LACD.
LACD further agrees that it will be bound, as to the Subleased Premises, by all of the obligations and duties of Sublessor under the Lease.
Sublessor hereby subleases to LACD that portion of the Premises shown on Exhibit A-2 to the Lease, more particularly described as Suite 109 of the Premises, consisting of approximately 4,226 square feet (the "Subleased Premises").
Red Hat reserves the right to determine in its sole discretion whether ISV is selected for participation in the LACD.
The submission to Red Hat of Exhibit A signed by ISV shall be deemed to be an acceptance of the terms and conditions of Exhibit A and shall be deemed to be ISV's application for participation in the LACD program.
LACD agrees that it will be bound by terms and conditions of the Lease relating to occupancy and use of the Premises, including the Rules and Regulations attached to the Lease as Exhibit "C," which are incorporated herein by this reference.
LACD shall pay a proportionate share, equal to 23.39%, of any and all adjustments in the amount Sublessor shall become obligated to pay under the Lease.
LACD shall not cause, maintain or permit any nuisance in, on or about the Premises, nor shall LACD commit or suffer to be committed any waste in, on or about the Subleased Premises.
LACD shall not assign, transfer, mortgage, pledge, hypothecate or encumber the Sublease, or any interest herein, and shall not sublease the Premises or any part thereof, or any right or privilege appurtenant thereto, or suffer any other person (the agents and servants of LACD excepted) to occupy the Premises.
LACD shall pay a proportionate share, equal to 23.39%, of the insurance maintained by Sublessor pursuant to Section 14 of the Lease.