Lease Obligation Sample Clauses

Lease Obligation. All of Seller's right, title and interest in and under the lease identified on and attached hereto as Schedule 1.2(e) (the "Lease"). Buyer shall assume all obligations of Seller under the Lease except that Buyer shall not be responsible for any rent due under the lease prior to the Closing Date. Buyer shall be responsible for any costs associated with the termination of such lease, or associated with any sublease of the space.
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Lease Obligation. The Authority leases the premises used by the Authority under a lease agreement dated 1 anuary 2006. The lease for 13,508 sq. ft. at $30 per sq. ft, is for one year and is payable monthly in advance. Rental payments under operating leases are charged to the income tatement in equal installments over the period of the lease.
Lease Obligation. As of November 1, 2017, Target has 51 months remaining in the term of the office lease respecting its current office space and is required to pay the Lease Obligation for the remainder of the term of such office lease.
Lease Obligation. Except as specified on Attachment 4.16, without Bankers’ prior written consent, which shall not be unreasonably withheld by Bankers’, neither Borrower, Citizens nor Farmers will enter into any arrangements with any person involving the leasing by one or either of them of any real or personal property or interest therein which requires payment with respect to Borrower in excess of Five Hundred Thousand ($500,000), in the aggregate, or with respect to either Citizens or Farmers in excess of One Hundred Thousand ($100,000) Dollars in aggregate in any calendar year.
Lease Obligation. That certain lease between Employer and Employee dated September 22, 2022, for premises located at 00000 Xxxxxxxxx Xxxxxx, Yucca Valley, Ca 92284 shall be terminated as of the day following the Effective Date with no further obligation by Employer to Employee for insurance or other obligations associated with the premises demised under said lease. Said premises shall revert to Employee in good and reasonable condition. Any ratable lease payment due at the Effective Date shall be paid.
Lease Obligation. The Authority leases the premises used by the Authority; 27,733 sq. ft. at $28-$30 per sq. ft, is for 21 months (to March 2011) and is payable monthly in advance, and 1600 sq. ft for storage. The Authority also has lease agreements, as part of it Disaster Recovery Plan, with Brac Infomatics Centre and The Disaster Recovery.
Lease Obligation. Tenant acknowledges and understands that, by signing this Lease, Tenant is obligated to all the terms and conditions herein including full payment of the Total Rent Due. Once this Lease Agreement is signed by Tenant, Tenant shall be liable for payment of all amounts set forth in the Lease even if Guarantor form or any Exhibit, Addendum or other paperwork is not returned to Management. Tenant further acknowledges and understands that THIS LEASE CAN NOT BE TERMINATED FOR ANY REASON including Tenant changing their mind, roommate conflict, school withdrawal or transfer, business transfer, loss of job, marriage, divorce, loss of any of the residents in the Unit, or for any other reason except as provided by the Serviceman Civil Relief Act. Refer to the Termination section hereunder.
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Lease Obligation. MACI leases the premises used for its operations in Xxxxxx Town and in the United Kingdom for the European Regional Office (ERO). The Xxxxxx Town office I located in the Government Administration Building for the total office space 5,405 square feet at a cost of $56.57 per square feet. Lease payments under the operating leases are charged to the income statement. The Lease agreement for the ERO lease agreement dated 6 September 2002 for the total office space 2,578 square feet at £17.49 per square feet. The lease is for 15 years with option to renew. Lease payments under the operating leases are charged to the income statement in equal instalments over the period of the lease.
Lease Obligation an obligation under an operating lease or a finance lease, as those terms are defined in GAAP. Lender Indemnitees: Lenders and their officers, directors, employees, Affiliates, agents and attorneys. Lenders: as defined in the preamble to this Agreement, including Agent in its capacity as a provider of Swingline Loans and any other Person who hereafter becomes a “Lender” pursuant to an Assignment and Acceptance.
Lease Obligation. Upon termination of this Agreement in accordance with clause 7.01 or clause 7.02, the Investor shall assume its pro rata proportion of any unexpired lease term of the Advisor’s business offices.
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