Excluded Leases definition

Excluded Leases has the meaning set out in Section 2.2(n);

Excluded Leases means all Leases other than Assumed Leases.

Excluded Leases means Leases of any Seller other than the Assumed Leases, including all options to renew, purchase, expand or lease (including rights of first refusal, first negotiation and first offer), all credit for the prepaid rent associated therewith, and all security deposits and other deposits made in connection with such Leases.

Examples of Excluded Leases in a sentence

• Buyer will evaluate such evidence and notify Seller within ten business days as to the number of Net Leasehold Acres, if any, that Buyer determines, in the exercise of its reasonable discretion, are no longer deemed by Buyer to be covered by Excluded Leases or subject to Title Defects and/or Environmental Defects.

• Systemic and Local Drug Delivery Through Injectable Microparticles and Implants Through our acquisition of Brookwood Pharmaceuticals, as well as internal development and acquisition of our biodegradable materials, we offer customers drug delivery systems based on polymer-based microparticles and implants.

• Member States of the European Union (EU): Austria, Belgium, Bulgaria, Cyprus,Croatia, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom Non EU Programme Countries: North Macedonia, Iceland, Liechtenstein, Norway, Turkey.PARTNER COUNTRIES: are any other country of the world.

• Unless (i) Buyer elects to waive its right to exclude an Excluded Lease from the purchase and sale transaction contemplated hereby, (ii) Seller remediates or removes the facts or circumstances that caused such Lease to be an Excluded Lease during the Cure Period, or (iii) the purchase price of such Excluded Leases is adjusted pursuant to the terms of this Agreement, such Excluded Lease shall not be conveyed to Buyer and will remain the property of Seller.

• Likewise, the Purchase Price shall be reduced by $ X for each Net Leasehold Acre attributed to the Excluded Leases and the Excluded Leases shall remain the property of the Seller.

More Definitions of Excluded Leases

Excluded Leases shall have the meaning set forth in Section 2.4(g).

Excluded Leases shall have the meaning set forth in Section 1.2(c).

Excluded Leases has the meaning given to such term in the Security Agreement.

Excluded Leases means any lease (i) that would have been characterized as an operating lease in accordance with GAAP in effect as of 31 December 2018; and (ii) for which the Borrower or any Restricted Subsidiary has not expressly granted a mortgage or security interest over property to secure the payment and performance of its obligations thereunder, other than with respect to customary security deposits and any property over which a landlord may have a right of distraint or similar remedy at law.

Excluded Leases means each and all of the leases listed on Exhibit 1.01-C hereto.

Excluded Leases means the leases listed on Exhibit B.

Excluded Leases means (a) all of the Seller’s leases, installment sales contracts, loans, notes and/or security agreements and rental contracts whose payments owed to the Seller are now or have been during the term of the applicable lease or note 90 days or more past due, (b) all of the Seller’s leases, installment sales contracts, loans, notes and/or security agreements and rental contracts where the applicable lessee or borrower has filed for bankruptcy protection, (c) the NorVergence Leases, (d) each of Seller’s leases, installment sales contracts, loans, notes and/or security agreements and rental contracts that is the subject of a lawsuit to which the Seller is a party, (e) the Previously Transferred Leases, and (f) the Xxxxxx Machinery Leases.