Examples of Virginia Lease in a sentence
This Lease shall be deemed to be a Virginia Lease and shall be governed as to all matters whether of validity, interpretations, obligations, performance or otherwise exclusively by the laws of the Commonwealth of Virginia, and all questions arising with respect thereto shall be determined in accordance with such laws.
BOEMRE, Virginia Lease Sale 220 Information (2010), available at www.gomr.boemre.gov/homepg/lsesale/220/matl220.html (accessed June 2012) (confirming lease sale area is at least 50 miles offshore).
NON-CURRENT LIABILITIESThe Authority’s non-current liabilities consist of long-term debt, accrued, and other non-current liabilities.Long-term debt of the Authority consists of the following bonds and line of credit at June 30, 2014:3.00 percent to 5.00 percent Virginia Biotechnology Research Park Authority Commonwealth of Virginia Lease Revenue Bonds, (Biotech Six Consolidated Laboratories Project), Series 2009.
Virginia shall execute a Fire Station Lease Agreement (the “Virginia Lease”) with the Department, with an effective dating being the Fire Services Commencement Date, leasing the above-referenced land and building to the Department for the use thereof by theDepartment for amounts to be paid by the Department (the “rent”) as contained in the Virginia Lease and in accordance with those other terms and conditions contained in the Virginia Lease.
Subject to the Virginia Lease, any maintenance, alterations or improvements to the Virginia Fire Station shall be the financial responsibility of the Department, and the Department shall be responsible for managing and overseeing such maintenance, alterations or improvements.
Virginia shall remain the owner of the Virginia Fire Station and the real property upon which it is located at all times during the term of the Virginia Lease.
Agent consents to Borrower or the applicable Guarantor pursuing remedies against the tenant under the West Virginia Lease and terminating the West Virginia Lease, provided that, as provided above in this §7.12, any new Lease shall be subject to the approval of Agent, such approval to not be unreasonably withheld.
The Lenders acknowledge that the existence of defaults under the West Virginia Lease in and of themselves shall not be a Default or Event of Default.
NON-CURRENT LIABILITIESThe Authority’s non-current liabilities consist of long-term debt, accrued, and other non- current liabilities.Long-term debt of the Authority consists of the following bonds at June 30, 2021:Original issuance rates of 3.00 percent to 5.00 percent Virginia Biotechnology Research Partnership Authority Commonwealth of Virginia Lease Revenue Bonds, (Biotech Six ConsolidatedLaboratories Project), Series 2009.
See Premature Termination section of lease (Maryland and Virginia Lease paragraph #7, HUD Lease paragraph #4).