Restructured Lease definition

Restructured Lease means any Lease for which the Company, or any assignee or designee thereof (including, if applicable, any purchaser in a Bankruptcy Sale Process), enters into a written agreement with the applicable landlord that has the effect of modifying the terms of such Lease.
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Restructured Lease means any Lease for which the Debtors enters into a written agreement during the term of such Lease with the applicable landlord that has the effect of modifying the terms of such Lease, but only if such Lease is assumed by the Debtors and/or such transaction closes in connection with or as a result of an order of a bankruptcy court, plan approval, 363 sale or otherwise.
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Restructured Lease means any Lease for which the Company enters into a written agreement with the applicable landlord that has the effect of modifying the terms of such Lease, whether such transaction closes in connection with or as a result of an order of a bankruptcy court, plan approval, 363 sale or otherwise.
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Examples of Restructured Lease in a sentence

  • Subject to the full execution of the ▇▇▇▇ Lease, the Trust and Applix agree to promptly begin good faith lease negotiations with each other for the New Premises in order to execute another lease amendment for the Restructured Lease on terms substantially in accordance with terms and conditions set forth in the LOI.

  • The Borrower shall at all times maintain possession of the chattel paper original copy of each Contract included in the Contract Receivables Clause, Inventory and Per Procedure Clause, Restructured Lease Clause or Relationship Contract Clause of the Borrowing Base.

  • In the event the parties fail to execute the lease amendment for the Restructured Lease by February 1, 2004, Applix shall immediately thereafter become obligated to pay to Landlord the Returned Space Differential monthly along with its monthly installments of Base Rent throughout the remainder of its Term as it may be extended from time to time.


More Definitions of Restructured Lease

Restructured Lease means any Lease for which the Company, or any assignee or designee thereof (including, if applicable, any purchaser in a Bankruptcy Sale Process), enters into a written agreement with the applicable landlord that has the effect of modifying the terms of such Lease; provided, that, for the avoidance of doubt, rejection of a Lease in a bankruptcy proceeding alone (without the Company realizing the benefit of any Restructured Lease Savings as described in Section 4(i) and (ii) above) shall not designate such Lease a Restructured Lease.
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