Master Lease Agreement. DIR and Vendor hereby agree that Vendor is authorized to utilize the Master Lease Agreement in Appendix E of this Contract for DIR authorized entities as Lessees that are not Texas State Agencies or otherwise required by statute to utilize the Texas Public Finance Authority for such leasing transactions. Texas State Agencies that have the requisite capital authority and who are not required to utilize such authority via the Texas Public Finance Authority may or may not be eligible to utilize the Master Lease Agreement; each such agency must confer with its own counsel to make this determination.
Master Lease Agreement. DIR and Vendor hereby agree that Vendor is authorized to utilize the Master Lease Agreement in Appendix D and Equipment Schedule to Master Lease Agreement in Appendix J of this Contract for DIR authorized entities as Lessees that are not Texas State Agencies or otherwise required by statute to utilize the Texas Public Finance Authority for such leasing transactions.
Master Lease Agreement. This Lease is entered into pursuant to the Agreement identified above. Except to the extent expressly modified hereby, the parties hereto by their execution and delivery hereof, reaffirm and incorporate herein by reference all of the terms, covenants and conditions of said Agreement as if such terms, covenants and conditions were fully set forth in this Equipment Schedule. All of the capitalized words used herein or in the Riders annexed hereto shall have the meanings ascribed to them in the Agreement unless otherwise expressly stated herein or therein.
Master Lease Agreement. That certain Master Lease Agreement dated June 12, 1997 xxxxxxx Xxxxxxxx Xxxx Xxxxxx Xxxding VII, L.P., as Landlord, and CBHS and certain other parties, as Tenant. Maturity Date. June 6, 2000, or such earlier date on which the Loans shall become due and payable pursuant to the terms hereof.
Master Lease Agreement. The principal terms of the 2024 First Master Lease Agreement are as follows: Date: 20 December 2023 (after trading hours) Parties: (1) the Company (2) CEC Term: 1 January 2024 to 31 December 2026 (both dates inclusive) Transaction nature Pursuant to the 2024 First Master Lease Agreement, the Group shall from time to time lease out properties located within the PRC and owned by the Group to the CEC Group during the term of the 2024 First Master Lease Agreement. The 2024 First Master Lease Agreement is not exclusive and the Group shall have the absolute discretion to determine whether to lease out the relevant properties to the CEC Group or not and the 2024 First Master Lease Agreement shall not restrict or limit the Group to lease out the relevant properties to any third parties. Members of the CEC Group shall enter into separate agreement(s) with members of the Group, which shall set out specific terms and conditions pursuant to the principles and conditions provided in the 2024 First Master Lease Agreement. Pricing basis Pursuant to the 2024 First Master Lease Agreement, the rental chargeable by the Group and payable by the CEC Group shall be subject to the provisions of the 2024 First Master Lease Agreement and the rental rate as set out in the separate agreement(s) to be entered into between members of the Group and members of the CEC Group, which shall be on normal commercial terms, fair and reasonable, and no more favourable than those available to independent third parties. The rental payable by the CEC Group shall be determined by a pricing mechanism with reference to the market rental rate at the time of entering into of the separate agreement(s) for premises of comparable in location, area and permitted uses, or relevant market comparable obtained from independent valuer (if necessary). Historical transaction amounts The rental received by the Group from the CEC Group for each of the years ended 31 December 2021 and 2022 and the six months ended 30 June 2023 were RMB2,161,000, RMB2,161,000 and RMB1,098,000 respectively. Annual caps It is expected that for each of the years ending 31 December 2024, 2025 and 2026, the maximum annual aggregate rental receivable by the Group from the CEC Group will not exceed the following respective amounts and such amounts have been set as the annual caps for the continuing connected transactions contemplated under the 2024 First Master Lease Agreement. Annual cap for the year ending 31 December 2024 2025 2026 (RMB’...
Master Lease Agreement. DIR and Vendor agree that a Master Lease Agreement may be added to the Contract by amendment upon agreement of terms and conditions of both parties.
Master Lease Agreement. Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor the Equipment described on each Supplementary Schedule (“Schedule”), which is a separate agreement executed from time to time by Lessor and Lessee and makes specific reference to this Master Lease Agreement (“MLA”). The terms and conditions contained herein shall apply to each Schedule that is properly executed in conjunction with this MLA and made subject to such terms and conditions as if a separate MLA were executed for each Schedule by the Lessee. Each Lessee has made an independent legal and management determination to enter into each Schedule. DIR has not offered or given any legal or management advice to the Lessor or to any Lessee under any Schedule. Lessee may negotiate additional terms or more advantageous terms with the Lessor to satisfy individual procurements, such terms shall be developed by the Lessor and Lessee and stated within a Rider to the MLA or the Schedule. To the extent that any of the provisions of the MLA conflict with any of the terms contained in any Schedule, the terms of the Schedule shall control. It is expressly understood that the term “Equipment” shall refer to the Products and any related Services as allowed within said Contract number DIR-TSO-4167, as described on a Schedule and any associated items therewith, including but not limited to all parts, replacements, additions, repairs, and attachments incorporated therein and/or affixed thereto, all documentation (technical and/or user manuals), operating system and application software as needed. If more than one Lessee is named in a Schedule, the liability of each named Lessee shall be joint and several. However, unless DIR leases Equipment for its own use, DIR is not a party to any Schedule executed under this MLA and is not responsible for Rents, payments or any other obligations under such Lessee’s Schedule. The invalidation, fulfillment, waiver, termination, or other disposition of any rights or obligations of either a Lessee or the Lessor or both of them arising from the use of this MLA in conjunction with any one Schedule shall not affect the status of the rights or obligations of either or both of those parties arising from the use of this MLA in conjunction with any other Schedule, except in the Event of Default as provided in Section 23 of this MLA. Any reference to “MLA” shall mean this Agreement, including the Opinion of Counsel, and any riders, amendments and addenda thereto, and any other do...
Master Lease Agreement dated as of August 1, 1997, between General Electric Capital Corporation, as Lessor, and Sunbelt Asphalt & Materials, Inc., as Lessee.
Master Lease Agreement. The pricing, pass-through costs, other out-of-pocket costs and other material terms and conditions under the Master Lease Agreement in the aggregate are no less favorable to Opco than the transfer pricing, pass-through costs and other material terms and conditions applicable to the Business and its operation in the same properties during the year prior to the date hereof, subject to reasonable and customary price adjustments (“Acceptable Adjustments”) and pass-through increases imposed by third parties (“Acceptable Increases”).
Master Lease Agreement. Each related Security Instrument is a legal, valid and enforceable first lien on each master lease agreement in the principal amount of such Purchased Loan or allocated loan amount in the aggregate together with all other Underlying Colalteral (subject only to Permitted Encumbrances (as defined below) and the exceptions to Section 33 hereof (“Permitted Liens; Title Insurance”) set forth in the related Exception Report (each such exception, a “Title Exception”)), except as the enforcement thereof may be limited by the Standard Qualifications. Except as otherwise set forth in the Title Policy relating to such Purchased Loan, such master lease agreements (subject to and excepting Permitted Encumbrances and Title Exceptions) as of the origination were, to the Seller’s Knowledge, free and clear of any recorded mechanics’ liens, recorded materialmen’s liens and other recorded encumbrances which are prior to or equal with the lien of the related Security Instrument, except those which are bonded over, escrowed for or insured against by a lender’s title insurance policy and, to the Seller’s Knowledge and subject to the rights of tenants (as tenants only) (subject to and excepting Permitted Encumbrances), no rights exist which under law could give rise to any such lien or encumbrance that would be prior to or equal with the lien of the related Security Instrument, except those which are bonded over, escrowed for or insured against by a lender’s title policy.
