TEDE definition
Examples of TEDE in a sentence
Such insurance shall be in an amount equal to Three Million United States Dollars (US $3,000,000), which amount shall be adjusted annually by Company with the value approved by TEDE, to reflect then current property replacement values.
In the event that all or a substantial part of the Leased Property be damaged or destroyed by fire, act of nature or any other cause, so as to make Company unable to continue the operation of its business on the Leased Premises ("Total Destruction"), TEDE, shall, within 10 (ten) calendar days from such destruction, determine whether the Leased Property can be restored within 3 (three) months and notify Company of said determination.
TEDE and Company shall appoint TEDE's Expert and Company's Expert no later than fifteen (15) Business Days following delivery by Company to TEDE of notice of Company's intent to exercise the Option.
TEDE and Company have executed or caused to be executed this Lease as of the date first written above.
Company will execute these drawings, as corrected by Company, no later than 5 days after being delivered by TEDE to Company.
A copy of all notices required or permitted to be given to TEDE hereunder shall be concurrently transmitted to such party or parties at such addresses as TEDE may from time to time hereafter designate by notice to Company.
In the event TEDE re-enters the Leased Property, TEDE shall be obligated to attempt in good faith to lease all or any portion of the Leased Property to other prospective tenants, or otherwise to make beneficial use of the Leased Property, during the remaining balance of the term of this Lease.
TEDE shall, on demand, immediately pay to Company the actual cost of such repairs.
In the event of such assignment or reassignment, COMPANY shall not diminish or withhold, unless otherwise agreed upon herein, any of the rents payable hereunder by asserting claims against such assignee, any defense, setoff, or counter claims which COMPANY may have against TEDE or any of its affiliates.
In consideration of the rent and the covenants and agreements made herein, TEDE leases to Company and Company leases from TEDE the Leased Property.