NBI Lease definition
NBI Lease means a lease to become effective on the Close of Escrow with the terms and conditions summarized in the attached Exhibit A, between NBI, as tenant, and Buyer’s designee who acquires Parcel 1 at the Close of Escrow, as landlord. Seller shall provide Buyer a proposed form of the NBI Lease incorporating the terms of Exhibit A (and with customary office lease provisions) within two business days after the opening of escrow and Buyer and Seller shall thereafter diligently and in good faith agree on the form of the NBI Lease before expiration of the Investigation Period.
NBI Lease means a lease to become effective on the Close of Escrow in the form contained in the attached Exhibit A, between NBI, as tenant, and Buyer’s designee who acquires Parcel 1 at the Close of Escrow, as landlord.”
NBI Lease means a lease to become effective on the Close of Escrow with the terms and conditions summarized in the attached Exhibit A, between NBI, as tenant, and Buyer’s designee who acquires Parcel 1 at the Close of Escrow, as landlord. Seller shall provide Buyer a proposed form of the NBI Lease
Examples of NBI Lease in a sentence
Because the NBI Lease is a triple-net lease, no items other than Taxes will be prorated between Buyer and Seller.
On or before the Closing Date, Buyer shall deliver to Escrow Holder (a) funds in the amount required of Buyer under this Agreement; (b) the NBI Lease executed by Buyer’s Designee who is acquiring Parcel #1 at the Close of Escrow; (c) if Buyer elects to assume the Existing Loan, the Assumption Documents executed by Buyer and the holder of the Existing Loan, and (d) any documents reasonably required by Title Company or Escrow Holder to consummate the subject transaction.
More Definitions of NBI Lease
NBI Lease in Section 1 of the Purchase Agreement is hereby deleted and replaced in its entirety with the following: