Subsidiary Lease definition
Examples of Subsidiary Lease in a sentence
Each Indian Subsidiary Lease is legal, valid, binding, enforceable and in full force and effect and represents the entire agreement between the landlord and Seller with respect to such property.
With respect to any Aircraft not subject to a Lease other than a Subsidiary Lease, the Borrower shall place and leave or cause to be placed and left in a plain, distinct and conspicuous place in the cockpit of each Aircraft, and on each Engine, a fireproof nameplate, insignia or other identification bearing the following words in letters of a size reasonable under the circumstances and acceptable to the Agent as follows: Owned by [Borrower or appropriate Aircraft Owning Subsidiary].
Each of BEM Services, Inc; Zentrix Technologies Inc.; Brush International, Inc.; Williams Advanced Materials Inc.; Circuits Processing Technologies, I▇▇.; ▇▇▇hnical Materials, Inc.; and Williams Acquisition, LLC shall have executed and delivered to the Co▇▇▇▇▇▇▇▇ Agent a Guaranty (substantially in the form of the Guaranties) and shall have joined in the Subsidiary Lease Security Agreement as an "Assignor" thereunder pursuant to a joinder in the form of Attachment 7 hereto.
There are no forbearance programs in effect with respect to any Indian Subsidiary Lease.
In the event that any real Property held by RE Holdings is refinanced with TIAA in accordance with the terms of this Agreement, such real Property may be transferred to a TIAA Subsidiary and any related RE Holdings Lease may be terminated, provided that a TIAA Subsidiary Lease in respect of such real Property is concurrently executed by the Borrower and the applicable TIAA Subsidiary.
Each Assigned Lease and Subsidiary Lease is a valid and binding agreement of Seller or a Subsidiary of Seller, is in full force and effect and, to the Knowledge of Seller, is enforceable according to its terms, subject to the Enforceability Exceptions.
The Lessee and the Parent shall have executed and delivered to the Collateral Agent an amendment to the Security Agreement in the form of Attachment 5 hereto; and each of the other Guarantors shall have executed and delivered to the Collateral Agent an amendment to the Subsidiary Lease Security Agreement in the form of Attachment 6 hereto.
Schedule 3.13(b) contains a complete and correct list of all Assigned Leases and all Subsidiary Leases setting forth the address, landlord and tenant for each Assigned Lease and each Subsidiary Lease.
No event has occurred or circumstance exists which, with the delivery of notice, passage of time or both, would constitute a breach or default under any Indian Subsidiary Lease by Indian Subsidiary or any other party to any Indian Subsidiary Lease, or permit the termination, modification or acceleration of rent under such Indian Subsidiary Lease other than the consent of the landlord of any Subsidiary Lease required in connection with the transactions contemplated hereby.
The Borrower shall cause the applicable TIAA Subsidiary to enter into and maintain in effect leases with the Borrower as sole tenant for each real Property owned by such TIAA Subsidiary and subject to financing provided by TIAA (each a "TIAA Subsidiary Lease" and collectively the "TIAA Subsidiary Leases").