OCC Lease definition

OCC Lease means that certain Lease --------- Agreement dated as of August 21, 1989 by and between Borrower and the OCC, as amended by (a) a letter agreement dated July 18, 1989 and executed by the OCC on August 2, 1989 and by Boston Properties on behalf of Borrower on August 23, 1989, (b) a letter agreement dated August 28, 1989 to the OCC and executed by Boston Properties on behalf of Borrower, (c) a letter agreement dated December 18, 1989 and executed by the OCC and Boston Properties on behalf of Borrower, (d) a letter agreement dated June 29, 1990 by and between Borrower and the OCC, and (e) a letter agreement dated June 29, 1990 by and between Borrower and the OCC, as the same may hereafter be further amended, modified or supplemented in accordance with the terms of the Loan Documents.
View Source

Examples of OCC Lease in a sentence

  • The OCC has neither exercised nor stated to Borrower orally or in writing an intention to exercise the OCC's right to terminate the OCC Lease.

  • Tenant acknowledges and agrees that the Offer Notice provided hereunder may be delivered simultaneously to OCC, but that the exercise by OCC of its rights under the OCC Lease shall supersede the rights of Tenant hereunder.

  • Borrower shall fully perform in a timely ------------ fashion all of its obligations under all Major Leases, including the OCC Lease.

  • Borrower has furnished to Lender a true and --------- complete copy of the OCC Lease with all amendments and supplements thereto.

  • The OCC Lease is in full force and effect and (a) no notice of default has been given by either Borrower or the OCC thereunder, (b) there are no material defaults under any of the provisions thereof and (c) all conditions to the effectiveness and continuing effectiveness thereof required to be satisfied as of the date hereof have been satisfied.

  • Lender hereby acknowledges and agrees that, subject to its remaining in full force and effect, the OCC Lease shall be deemed to be a Qualifying Space Lease.

  • Borrower shall thereafter complete all incomplete portions of the Project in a timely fashion in compliance with the OCC Lease and all other applicable Space Leases.

  • The provisions of this Section shall be effective only upon the completion of the offer procedures set forth in the OCC Lease.

  • Tenant acknowledges and agrees that the right of offer provided herein shall be subject in all respects to the rights of OCC so long as the lease agreement between Landlord and OCC the (the "OCC Lease") shall continue.