First Amendment Lease definition
. (the "Amendment") dated May 9, 1997, by CPERS' successor in interest, Parkside Salt Lake Corporation, a Delaware corporation (the "Landlord") which is attached hereto as Exhibit A and by this reference made a part hereof, concerning approximately 11,808 rentable square feet of office space (the "Premises") located on the fifth floor of the building (the "Building") located at 000 Xxxxx Xxxxx Xxxxxx, Xxxx Xxxx Xxxx, Xxxx, 00000-0000.
Based on 1 documents
means a Lease Contract in existence as of the Initial Closing Date which, pursuant to its terms (i) provides the applicable lessee Obligor thereunder the right to purchase the On-Lease Equipment at either (a) a fixed purchase option price, or (b) a price equal to the greater of a stated price or the then applicable fair market value (but not both (a) and (b)), and (ii) provides that if the lessee Obligor does not exercise the purchase option described in (i) above the lease shall automatically extend for a term and rental stated in the lease.
Based on 1 documents
Examples of First Amendment Lease in a sentence
- As used in this First Amendment, "Lease" means the Commercial Lease, dated November 12, 1996, entered into between Xxxxxx Park North, L.C., a Utah limited liability company, the predecessor in interest to Landlord, as landlord, and Keytex Corporation, a Delaware corporation, predecessor in interest to Tenant, as tenant.
- Upon Tenant's termination of the Lease, Tenant will vacate the Expansion Area in the condition required pursuant to Section 15 of the Lease and Landlord and Tenant will be relieved of their obligations under this First Amendment Lease, except for those accruing prior to the Early Termination Date or those that survive the termination of this First Amendment according to its terms or by law.
- The execution and delivery by the Merger Subsidiary of a First Amendment Lease Agreement with Rialto Investments, LLP in the form of EXHIBIT G hereto and by the Borrower of a Guarantee in the form of EXHIBIT H hereto.
- The Massachusetts First Amendment Lease was assigned to Zealand as part of the Asset Sale (as defined in Note 14), while the New Jersey lease was rejected as part of the Company’s Chapter 11 filing.
- Landlord and Tenant also entered into a First Amendment Lease Agreement in May, 2009 which extended the Lease from August 27, 2009 through August 31, 2010.
- As a result of the Massachusetts First Amendment Lease an incremental $0.8 million for the ROU asset and lease liabilities were recorded during the year ended December 31, 2019.
Related to First Amendment Lease
- First Amendment means the First Amendment to Amended and Restated Credit Agreement, dated the First Amendment Effective Date, by and among the Loan Parties party thereto, the Required Lenders, the Revolving Credit Lenders and the Administrative Agent.
- Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.
- Second Amendment means that certain Second Amendment to Amended and Restated Credit Agreement dated as of the Second Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.
- Eighth Amendment means that certain Eighth Amendment to Second Amended and Restated Credit Agreement and First Amendment to Second Amended and Restated Guaranty and Collateral Agreement, dated as of the Eighth Amendment Effective Date, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto.
- Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.
- Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.
- Eleventh Amendment means that certain Eleventh Amendment to Credit Agreement, dated as of April 29, 2022, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent, the Lenders party thereto, the Revolving Letter of Credit Issuers and the various other parties party thereto.
- First Amendment Date means February 21, 2019.
- Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of December 14, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders, Letter of Credit Issuers and other Credit Parties party thereto.
- Seventh Amendment means that certain Seventh Amendment to Revolving Credit and Security Agreement, dated as of the Seventh Amendment Date, by and among Borrowers, Lenders and Agent.
- Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.
- Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.
- Second Amendment Date the date of effectiveness of the Second Amendment, dated July 15, 2016, by and among the Borrower, the other Loan Parties thereto, Holdings, the Lenders party thereto and the Administrative Agent.
- Third Amendment Date means June 23, 2020.
- Waiver Agreement means an agreement between
- Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.
- Ninth Amendment means the Ninth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of February 11, 2022, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.
- Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement, dated as of July 17, 2015, by and among the Borrower, the other Loan Parties, the Administrative Agent, the Lenders party thereto and the other parties thereto.
- Fourth Amendment Date means April 30, 2021.
- Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.
- Eleventh Amendment Effective Date has the meaning set forth in Section 4 of the Eleventh Amendment.
- Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.
- Lien Waiver Agreement means an agreement which is executed in favor of Agent by a Person who owns or occupies premises at which any Collateral may be located from time to time and by which such Person shall waive any Lien that such Person may ever have with respect to any of the Collateral and shall authorize Agent from time to time to enter upon the premises to inspect or remove the Collateral from such premises or to use such premises to store or dispose of such Inventory.
- Extension Agreement shall have the meaning provided in Section 2.15(c).
- First Amendment Closing Date has the meaning assigned to such term in the First Amendment.
- Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.