Material Inducement definition

Material Inducement. The provisions of this Article 53 are a material inducement for Landlord to execute and deliver this lease. Any failure by Tenant to comply with the requirements of this Article 53 shall be deemed a material breach of this lease, for which Landlord shall be entitled to any and all of it remedies in accordance with terms, conditions and covenants of this lease.
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Examples of Material Inducement in a sentence

  • Material Inducement 87 ARTICLE 26 INVESTIGATIONS, REFUSAL TO TESTIFY 87 Section 26.01.

  • All Parties Acknowledge And Agree That They Have Received Full And Significant Consideration For This Provision And That This Provision Is A Material Inducement For All Parties To Enter Into This Agreement.

  • At or prior to the Closing, the Sellers shall cause A&G and the Companies to enter into a lease in the form attached hereto as EXHIBIT C-1 for the ----------- premises described on SCHEDULE 7.3 (the "Headquarters Lease"), the Purchaser ------------ ------------------ shall enter into a guarantee for such lease commitment in the form attached hereto as EXHIBIT C-2 and the ----------- Companies and the Purchaser shall enter into a Material Inducement in the form attached hereto as EXHIBIT C-3.

  • Buyer A cknowledges That This Provision Is Conspicuous, Was Explained In D etail To The Purchaser And This Provision Was A Material Inducement For Se ller To Sell The Subject Property To The Purchase.