Lease Assumption definition

Lease Assumption has the meaning set forth in Section 1.5(b) of the Agreement.
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Lease Assumption has the meaning specified for such term in Section 2(c)(ii) of this Agreement.
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Lease Assumption means the Assignment and Assumption of Portion of Lessee's Interest in Lease between CPC and Corn Products relating to the Distribution
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Examples of Lease Assumption in a sentence

  • Purchaser shall have delivered to Landlord Purchaser’s fully executed counterparts to the Lease Assumption and the Consent to Assignment and an insurance certificate in the form required by the Lease (as defined in the Consent to Assignment).

  • Upon termination of the Forbearance Period (if the Forbearance Period terminates for any reason other than the occurrence of Lease Assumption), the Lease shall be deemed rejected.

  • Notwithstanding anything to the contrary herein, upon the occurrence of a Lease Assumption Event, the Term of this Lease shall automatically become co-terminus with the Term of the Mercury Lease.

  • Pursuant to the terms of the Lease Assumption, CPC will assign its leasehold interests in certain real and personal property located in Summit/Argo, Illinois which are subject to the terms of the Pollution Control Bonds set forth on Schedule 1.1(h)(1).

  • For clarity, title to the Equipment shall pass to BioHarvest only upon payment in full to Enlivex of the entire Consideration, while risk of loss to the Equipment shall pass to BioHarvest on the Lease Assumption Date.

  • Corn Products shall comply with the terms and conditions of, and covenants and agreements set forth in, the Lease Assumption.

  • In such event, City shall be responsible for any and all removal costs associated with removing Building B from the Premises pursuant to the Lease Assumption.

  • Create your Lease Assumption in minutes with guidance from eForms.

  • In connection with each Cross-Border Lease Assumption, Seller shall, or shall cause its relevant affiliates to, and Purchase shall, or shall cause its designated affiliates to, enter into a Cross-Indemnity Agreement substantially on the terms and conditions set forth in Exhibit H-2 and otherwise in form and substance reasonably satisfactory to Seller and Purchaser (a "Cross-Border Indemnity Agreement").

  • The Lease Assumption Payment shall be paid by JNI by delivery to Iomega at the Closing of a bank or cashiers check payable to Iomega in the amount of the Lease Assumption Payment.


More Definitions of Lease Assumption

Lease Assumption as such term is defined in Section 9(a)(ii).
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Lease Assumption has the meaning set forth in Section 11.2.
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Lease Assumption as that term is defined in Section 8(c).
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Lease Assumption means the Assignment and Assumption of Portion of Lessee's Interest in Lease between CPC and Corn Products relating to the Distribution.
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Related to Lease Assumption

  • Lease Assignment has the meaning set forth in Section 3.6(d).

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Assignment and Assumption of Lease has the meaning set forth in Section 3.02(a)(v).

  • Approved Lease has the meaning set forth in Section 6.11(a).

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.