Lease Agreements definition
Examples of Lease Agreements in a sentence
Except as otherwise provided in Section 11.2 with respect to Taxes, all rents, additional rents, expenses and other payments (including any prepaid amounts) due under the Lease Agreements, and any other leases constituting part of the Purchased Assets and all utility charges related to the Stores, whether paid in connection with the Lease Agreements, or separately, shall be prorated between Seller, on the one hand, and Buyer, on the other hand, as of the Closing Date.
The Lease Agreements are set forth on Schedule 4.6. To the Knowledge of Seller, Seller is not in default under the Lease Agreements and Seller has not received written notice of any default by Seller under the Lease Agreements.
The Parties acknowledge and agree that the Lease Assignments transfer all of Buyer’s right, title, and interest, with respect to the Lease Agreements, to WKS KK.