LEASE SURRENDER definition

LEASE SURRENDER means the surrender of the Tenant Lease and the Property by the Tenant at Closing, as evidenced by the Acknowledgement of Lease Surrender to be entered into by the Purchaser and the Tenant, and which is intended to be delivered at the Closing.
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Related to LEASE SURRENDER

  • surrender when used with respect to American Depositary Shares, shall mean (i) one or more book-entry transfers of American Depositary Shares to the DTC account of the Depositary, (ii) delivery to the Depositary at its Office of an instruction to surrender American Depositary Shares not evidenced by a Receipt or (iii) surrender to the Depositary at its Office of one or more Receipts evidencing American Depositary Shares.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • registered premises means a location that is licensed pursuant to this chapter and includes:

  • Leased space means the individual storage space at the self-service facility which is rented to an occupant pursuant to a rental agreement.

  • Leased Property shall have the meaning given such term in Section 2.1.