Subject Portion definition

Subject Portion shall have the meaning set forth in Section 11(k). “Substance Abuse Program” shall have the meaning set forth in Section 17(c). “Support Representatives” shall have the meaning specified in Section 54(d).
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Subject Portion shall have the meaning assigned to such term in Section 15.1(c).
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Subject Portion shall have the meaning ascribed to such term in Section 4.12(o).
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Examples of Subject Portion in a sentence

  • Effective as of the Surrender Date, neither Landlord nor Tenant shall have any further obligations under this Lease with respect to the Subject Portion, except for those rights and obligations which survive expiration or termination of the Lease.

  • Tenant shall vacate the Subject Portion on or before the Surrender Date and deliver possession of the Subject Portion to Landlord in the condition required by this Lease.

  • The City agrees to spend at least $2,000,000 to construct the Subject Portion.

  • This Declaration shall survive any such acquisition of the Subject Portion of the Property by Secured Party, but Secured Party shall have no liability or obligation with respect to performance of those obligations of the Defaulting Party under this Declaration arising prior to Secured Party’s actual acquisition of the Subject Portion of the Property.

  • Tenant shall vacate the Subject Portion on or before the Surrender Date in the condition required by this Lease.

  • Following Secured Party’s acquisition of the Subject Portion of the Property, upon the City’s or the Commission’s written request, Secured Party shall agree to assume those obligations of the Defaulting Party under this Declaration arising from and after the date of such acquisition by Secured Party, by execution of an assignment and assumption agreement in form and content reasonably acceptable to the City, the Commission and the Secured Party.

  • If Seller acquires a business or entity having up to fifteen percent (15%) of its sales (based on its latest financial statements) attributable to the Core Business (as permitted by subsection (ii) above), Buyer shall have the right to purchase from Seller that portion of the acquired business or entity attributable to the Core Business (the “Subject Portion”), which Subject Portion shall be valued at its fair market value.

  • Effective as of the Surrender Date, Fixed Rent shall be reduced to and be equal to the product of (x) Fixed Rent which would have been payable otherwise under this Lease, and (y) a fraction, the numerator of which shall be the number of square feet of floor area of the Demised Premises less the Subject Portion, and the denominator of which shall be the number of square feet of floor area of the Demised Premises prior to the Surrender Date.

  • Effective as of the Surrender Date, neither Landlord nor Tenant shall have any further obligations under this Lease with respect to the Subject Portion, except for those accruing prior to the Surrender Date.

  • If the Subject Portion is less than all or substantially all of the Premises, Landlord and Tenant shall execute, acknowledge and exchange joint easements necessary for the continued operation of the Demised Premises as independent store premises.