Lease Resolution definition
Examples of Lease Resolution in a sentence
If and when the accreted amount of the Contingent Payment Notes referred to in paragraph 2 below is reduced to zero, then on such date (the "Second Switchover Date") Harcourt shall replace the Lease Resolution Company and resume performing the aforementioned activities directly.
Purchaser and the Parent shall use commercially reasonable efforts to involve the other party in any and all significant discussions and negotiations with the Landlord concerning the Lease Resolution.
The Sublease Resolution and the Direct Lease Resolution, shall be referred to in this Agreement as the “Lease Resolution”.
In connection with the consummation of the PMGI Sale Transaction, the Parties (other than CLP Lender) entered into that certain Omnibus Lease Resolution Agreement dated as of October 29, 2008 (as amended prior to the Effective Date, the “Original Omnibus Agreement”).
Notwithstanding the foregoing, or anything to the contrary in this Agreement, Purchaser may, in its sole and absolute discretion, but shall have no obligation to, waive receipt of the Lease Estoppel in order to effectuate the Direct Lease Resolution.
The Lease Resolution Company shall not include "Harcourt" in its name.