Leased Real Properties definition
Examples of Leased Real Properties in a sentence
The Holder and its officers, employees, agents and contractors shall have and are hereby granted the right to enter upon and inspect the Owned Real Properties, the Leased Real Properties or other assets of the Company for the foregoing purposes; provided that the Holder shall use reasonable efforts to minimize the disruption to the operation of the business.
The Company has not transferred, provided as collateral or grant any sublease right or other right to use with respect to, its leasehold rights to the Leased Real Properties and there is no pending or anticipated expropriation, appropriation or any other similar proceedings in respect to the Owned Real Properties, and the Company has not received any notice thereof.
The facilities at each of the JCA Leased Real Properties are in good operating condition in all material respects (except for reasonable and customary wear and tear) and are adequate and suitable for their current uses and purposes.
Except as set forth on Schedule 3.16(c), there are not outstanding any options, rights of first offer or rights of first refusal or any other rights in favor of any of the Group Companies to acquire or sell any portion of the Leased Real Properties (or rights to develop any portion of the Leased Real Properties).
Each of the lease agreements with respect to the Leased Real Properties is valid, binding and enforceable in accordance with its terms, and the Company is not in breach thereof nor, to the Knowledge of the Sellers, is there any breach by a counterparty thereof.