Examples of Subleased Facilities in a sentence
In making such determinations of annual fair rental value, consideration has been given to a variety of factors including the replacement costs of the existing improvements on the Subleased Facilities, other obligations of the parties under this Sublease, the uses and purposes which may be served by the improvements on the Subleased Facilities and the benefits therefrom which will accrue to MTDB and the general public.
Exhibit B contains, and the Closing List shall contain, a complete and accurate list of all Leased Facilities, Subleased Facilities, Facility Leases and Facility Subleases.
In consideration of the transfer to NHP (or ---------------- its nominee) of all of Beverly's moveable furniture, fixtures and equipment in the Termination Facilities and the Subleased Facilities (as hereinafter defined), to the extent Xxxxxxx owns any such items, NHP shall pay to Xxxxxxx the sum of Two Million, Five Hundred Thousand Dollars ($2,500,000).
The parties acknowledge that there may be other subleased and assigned facilities that have been omitted from Exhibit C In the event such omitted facilities are identified and agreed to by the parties, such omitted facilities shall be "Subleased Facilities" or "Assigned Facilities" hereunder, as appropriate, and subject to the terms hereof.
The parties hereto have agreed and determined that the annual fair rental value of the Subleased Facilities is not less than the maximum Sublease Base Rental Payments payable hereunder in any year.
All underground storage areas must be dry and not prone to the entry of surface water or groundwater.
Such payments of Sublease Base Rental Payments and Sublease Additional Rental for each Sublease Year or portion thereof during the term of this Sublease shall constitute the total rental for such Sublease Year or portion thereof and shall be paid or payable by MTDB for and in consideration of the right of the use and possession of, and the continued quiet use and enjoyment of, the Subleased Facilities.
Notwithstanding the foregoing, nothing in this Section 14.04 shall require any party to make any payments in order to obtain such consents, approvals or releases, except for reasonable and customary costs to cover actual expenses incurred by landlords to process any requests for assignment and except for payments expressly contemplated by the leases of such Subleased Facilities.
The Facility Tenants and the NHP agree ----------------------- to execute, deliver and record appropriate memoranda of assignment reflecting the assignments set forth herein with respect to the Leases for the Subleased Facilities, and the Subleases.
MTDB and County agree that the County’s share of Ground Lease Rent owed to MTDB, as set forth in Exhibit B and the Lease, shall be reduced from 65.13% to 62.44%, consistent with the adjustment to Subleased Facilities set forth in Exhibit A.