Mercury Lease definition

Mercury Lease means that certain Lease Agreement, dated as of the date hereof, by and between Landlord and Mercury with respect to the Corresponding Mercury Premises.
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Mercury Lease means that certain lease between Mercury Graphic Corporation, as lessee, and Saskatchewan Economic Development Corporation, as lessor, dated September 21, 1990, as amended.
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Examples of Mercury Lease in a sentence

  • 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.

  • Tenant's obligation to pay Escrow Payments pursuant to this Paragraph 9(b) shall be without duplication or any Escrow Payments previously paid by Mercury under the Mercury Lease with respect to the Leased Premises hereunder for the same period.

  • Notwithstanding the foregoing, Tenant acknowledges and agrees that, so long as the Mercury Lease remains in effect, Tenant shall not have the right to Exchange any Obsolete Premises for an Exchange Premises, unless such proposed Exchange part of a concurrent Exchange and termination by Mercury of the Corresponding Related Premises in accordance with Paragraph 37 of the Mercury Lease and the Exchange Premises has a use which is substantially similar to the use of the Obsolete Premises.

  • As a material inducement to Landlord purchasing the Combined Property and entering into this Lease and the Mercury Lease, the Sellers and Landlord have agreed to hold back the amount of Twenty-three Million Two Hundred Fifty Thousand and xx/100 ($23,250,000.00) Dollars (the "Earn-Out Deposit") from the purchase price for the Combined Property.