New Lease Agreement. If this Agreement terminates before the expiration of the Term for any reason (including, but not limited to, the occurrence of a default or breach by StadCo, the rejection of this Agreement in any bankruptcy, composition, insolvency, reorganization, or similar proceeding, whether voluntary or involuntary, under Xxxxx 00, Xxxxxx Xxxxxx Code, or any other or successor federal or state bankruptcy, insolvency, reorganization, moratorium, or similar law for the release of debtors, including any assignment for the benefit of creditors and any adversary proceeding, proceedings for the appointment of a receiver or trustee, or similar proceeding, or the failure by any Leasehold Mortgagee to timely exercise its cure rights hereunder), excepting only a termination because of a casualty or a Condemnation affecting the Premises, then (in addition to any other or previous Notice that this Agreement requires the Authority to give to a Leasehold Mortgagee) the Authority shall, within ten (10) Business Days following the occurrence of such termination, give Notice to all Leasehold Mortgagees of such termination. Within the sixty (60) day period following each Leasehold Mortgagee’s receipt of notice of termination or election to terminate or acquire possession, each Leasehold Mortgagee shall have the right to elect to enter into, or have its nominee enter into, a new lease agreement for the Premises for a term equal to the unexpired portion of the Term and on the same terms and conditions as this Agreement. In the event that any Leasehold Mortgagee elects to enter into a new lease agreement, the new lease agreement shall run in favor of Leasehold Mortgagee or its nominee, have a term equal to the unexpired portion of the Term and shall be on the same terms and conditions as this Agreement; provided, however, that such Leasehold Mortgagee, or its nominee, as applicable, shall cure any past due monetary obligations of StadCo under this Agreement. The Authority shall tender the new lease agreement to such Leasehold Mortgagee, or its nominee, as applicable, within ten (10) days after such Leasehold Mortgagee’s request for the lease agreement and shall deliver possession of the Premises to such Leasehold Mortgagee or its designee immediately upon execution of the new lease agreement. Any such new lease agreement shall have the same priority as this Agreement with respect to liens and encumbrances on the Premises. All rights of any Leasehold Mortgagee, and all obligations of the...
New Lease Agreement. Right of first Refusal.
New Lease Agreement. White Pass and the MOS would enter into a new lease that would relate to the period after the 1968 Lease term:
New Lease Agreement. Subject to the consent of Landlord, which may be withheld for any lawful reason, a Tenant may apply for a new Lease Agreement upon the expiration of this Agreement. A Tenant who wishes to enter into a new Lease Agreement must execute a new Lease Agreement for the following academic year on or before June 30 of each year. Notwithstanding Tenant’s execution of a new Lease Agreement, this Agreement expires at the end of the Lease Period.
New Lease Agreement. Purchaser shall have received: (i) the executed and delivered New Lease specified in Section 8(f) of this Agreement, and (ii) the consent of the Bureau of Indian Affairs to the New Lease specified in Section 8(f) of this Agreement.
New Lease Agreement. If this Agreement terminates because of Grantee’s default or if the leasehold and easement estate is foreclosed, or if this Agreement is rejected or disaffirmed pursuant to bankruptcy law or other law affecting creditors’ rights, Owner shall, upon written request from any Financing Party within ninety (90) days after such event, enter into a new lease agreement for the Property, on the following terms and conditions; provided that Owner shall be entitled to reimbursement from the Mortgagee for reasonably incurred attorney’s fees associated with the negotiation and execution of such new agreement:
New Lease Agreement. Date : 22 February 2022 Parties : Tenant: Shanxi Parkson Retail Development Co., Ltd. Datong Branch*（山西百盛商業發展有限公司大同分公司）, an indirect wholly-owned subsidiary of the Company Landlord: Datong Yangguangjiaye Real Estate Development Co., Ltd.*（大同市陽光嘉業房地產開發有限責任公司） Relevant premises : The relevant parts on the fifth and sixth floors of Kind Family Mall, Yongtai South Road, Datong City, Shanxi Province*（山西省大同市永泰南路凱德世家廣場五層、六層的部分物業）, which excludes the parts leased to and occupied by Xxxxx Cinemas Total gross area : Approximately 6,472 sq. m Term : From the Delivery Date to 11 July 2033 Use : Operation of (mainly) department store for products including gold jewellery, accessories, computers, mobile phones, watches and glasses, stationery, books and audio- visual products, medical supplies, electrical appliances, clothing, cosmetics, toys, etc.; service projects including dining, bathing, entertainment, bars, cafes, tea houses, Chinese and Western pastries, photography, colour printing and film processing, beauty and hair salons, wedding services, supermarkets, fitness centres, business activity centres, etc.; setting up of offices, warehouses and other commercial projects within the scope of business operations of the Tenant, but excluding certain businesses such as movie screenings and venue rental for performances and shows. Rental and property management fee : The daily rental (inclusive of tax) payable shall be RMB2.20 per sq. m (inclusive of property management fee of RMB0.66 per sq. m) and is subject to 8% increment every three (3) years during the Term. Payment terms : The rental and property management fee are payable annually within the Term. The Landlord shall issue an invoice to the Tenant within 3 days from the beginning of the relevant year, and the Tenant shall, upon confirming that it has no objection to the invoice, pay the rental and property management fee within 15 days from the beginning of the year.
New Lease Agreement. On 4 May 2018, Xxxxxxxx Xxxxxxx entered into the New Lease Agreement with Capital Group. The transactions thereunder constitute continuing connected transactions of the Company under the Listing Rules. The terms of the New Lease Agreement are set out below: Date 4 May 2018 Parties
New Lease Agreement. Date : 6 June 2019 Parties : Tenant: Parkson Retail Development Co., Ltd.*（ 百 盛 商 業 發 展 有 限 公 司 ）, an indirect wholly-owned subsidiary of the Company, as tenant Landlord: China National Arts and Crafts Group Company Limited*（ 中國工藝美術集團有限公司）as landlord Relevant Premise : The area at the east side inside the south gate of Xu Room on the 1st floor of the Museum (the “Property”). Total gross area : 189 sq. m Term : 7 June 2019 to 6 December 2021 Rental : The total rental payable under the New Lease Agreement is approximately RMB2.5 million. The rental shall be paid on quarterly basis. Deposit : No deposit was paid. Use : Department store retail, entertainment, property management and related ancillary services Effective date of the lease : 7 June 2019
New Lease Agreement. The New Lease Agreement referred to in Section 6.5 duly executed by Epic and Company.
