Sentences with phrase «from lease obligations»

In a landscape where the average commitment of an occupier company to a property is 7 years, sometimes an unforeseen early way out is needed from lease obligations.

He also introduced a bill that increased the number of green taxis that can accept street hails in the outer boroughs, and sponsored a law that releases domestic violence victims from lease obligations if it is found that remaining in the residence would be dangerous to the victim.

Not exact matches

The clear purpose of CMRR's recent media - saturating push (heaped with utterly disingenuous posts) for rail from Kingston to Mt.Tremper — which included finger - pointing by CMRR placing the blame squarely on County Executive Michael Hein's shoulders for holding CMRR accountable to the requirements of the lease agreement it had signed — was to counter the reality of CMRR's failure to uphold its lease obligations.

By acting as a partial guarantor or «co-signer» for the school's lease or loan payment obligations, IBBF is used to induce, leverage and partially secure funding from private capital investors and traditional banking sources (landlords and lenders) to provide a 100 percent financed facility at an affordable cost to the charter school borrower.

The original TIFIA commitment amounted to $ 73.5 million, comprised of three separate obligations: $ 50.5 million, secured by county sales and city hotel room taxes; $ 5 million, secured by lease income from property contributed by Union Pacific; and $ 18.5 million, secured by tax assessments on real property in a downtown business district.

The original TIFIA commitment amounted to $ 73.5 million, comprised of three separate obligations: $ 50.5 million, secured by County sales and City hotel room taxes; $ 5 million, secured by lease income from property contributed by Union Pacific; and $ 18.5 million, secured by tax assessments on real property in a downtown business district.

Certain lessees will be able to terminate their leases without penalty, and certain owners will also be excused from loan obligations, according to the Plaintiffs» Committee for Volkswagen «Clean Diesel» Litigation.

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, including store closings, higher - than - anticipated or increasing costs, including with respect to store closings, relocation, occupancy (including in connection with lease renewals) and labor costs, the effects of competition, the risk of insufficient access to financing to implement future business initiatives, risks associated with data privacy and information security, risks associated with Barnes & Noble's supply chain, including possible delays and disruptions and increases in shipping rates, various risks associated with the digital business, including the possible loss of customers, declines in digital content sales, risks and costs associated with ongoing efforts to rationalize the digital business and the digital business not being able to perform its obligations under the Samsung commercial agreement and the consequences thereof, the risk that financial and operational forecasts and projections are not achieved, the performance of Barnes & Noble's initiatives including but not limited to its new store concept and e-commerce initiatives, unanticipated adverse litigation results or effects, potential infringement of Barnes & Noble's intellectual property by third parties or by Barnes & Noble of the intellectual property of third parties, and other factors, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 30, 2016, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.

Upon such termination, the lessor may recover from the lessee: (1) The worth at the time of award of the unpaid rent which had been earned at the time of termination; (2) The worth at the time of award of the amount by which the unpaid rent which would have been earned after termination until the time of award exceeds the amount of such rental loss that the lessee proves could have been reasonably avoided; (3) Subject to subdivision (c), the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of such rental loss that the lessee proves could be reasonably avoided; and (4) Any other amount necessary to compensate the lessor for all the detriment proximately caused by the lessee's failure to perform his obligations under the lease or which in the ordinary course of things would be likely to result therefrom.

Debts that can be wiped out in Chapter 7 bankruptcy include credit card debt, medical bills, personal loans, lawsuit judgments and obligations from leases or contracts.

From the 10 - Q: «In addition to the potential preferred stock redemption cash commitment mentioned above, we have additional long - term contractual cash obligations and commitments with respect to its cable and satellite agreements and operating leases totaling approximately $ 185 million over the next five fiscal years with average annual cash commitments of approximately $ 44 million from fiscal 2009 through fiscal 2012.&raFrom the 10 - Q: «In addition to the potential preferred stock redemption cash commitment mentioned above, we have additional long - term contractual cash obligations and commitments with respect to its cable and satellite agreements and operating leases totaling approximately $ 185 million over the next five fiscal years with average annual cash commitments of approximately $ 44 million from fiscal 2009 through fiscal 2012.&rafrom fiscal 2009 through fiscal 2012.»

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.

The Service Charges (Summary of Rights and Obligations, and Transitional Provision)(England) Regulations 2007 (SI 2007/1257)(the SCR regulations) deal with the form and content of the summary but have no application to leases from a local authority, a national park authority or a new town corporation unless for over 21 years.

The remedies you can pursue against your former landlord may include release from rent obligations in the lease agreement, as well as covering damages that arose as a result of eviction, including moving expenses and damage to your property.

Cruz Rico says that some general counsel for mining companies believe once they've gotten a concession to operate a mine, have signed a lease and have obtained permits from federal, state, and municipal authorities, they've fulfilled their obligations and don't need to continue talking with ejidatarios.

From the time that the lease expired and you remained with permission, you had a shorter period of obligation and protection.

A number of landlords of these stores took parent company guarantees from PRG in respect of Powerhouse's obligations under the leases.

You might be the victim of a constructive eviction which might release you from your obligations under the lease.

The Court stated that the franchisor's failure to provide its financial statements prevented the franchisee from assessing the financial viability of the franchisor, and the franchisor's failure to provide the lease or sublease prevented the franchisee from assessing the costs of a significant expense — the monthly lease obligations.

Dispute as to whether previous award of damages for breach of a «keep open» clause in a commercial lease precluded the landlords from enforcing the repairing obligation and having the vacant premises put into a condition whereby they could immediately be traded from.

It was therefore held that the obligation to pay higher rent from the commencement date of the lease was a penalty and the side letter was thus still valid and binding, its purported termination being inherently penal in nature.

From the sociological perspective, it is critically important that the owners of communal lands are provided with detailed, yet technically basic, information about what rights they are waiving, and what obligations they will have or not have, in agreeing to long term leasing of their traditional lands.

«We're not trying to make a profit from incubators, and there is no obligation for them to lease space from us in the future,» says John Cunningham, Alexandria's senior vice president and regional market director for New York City.

She adds that while start - ups at The Vine are under no obligation to lease space from The Irvine Company in the future, so far, graduates of the San Diego program have leased 115,000 sq. ft. in the company's buildings so far.

In certain scenarios, a tenant can literally walk away from its lease and the obligations if the landlord goes bankrupt and the lender enforces its security.

Andover Retail Services, Inc. v. Lincoln Metrocenter Partners, L.P. (279 A.D. 2d 269)- summary judgment dismissing brokers claim affirmed; where brokerage agreement provided that landlord would be relieved of its obligation to pay installment payments on commission upon a termination of the lease by tenant, the broker was not entitled to installment payments after landlord and tenant entered into a surrender and cancellation agreement of the lease, even though surrender and cancellation agreement provided for payment from landlord to tenant

The trial court determined that the Buyer had a contractual right through a lease to purchase the property, and the Buyer also had a contractual obligation to pay the Broker and Tecton a commission from the sale of the property.

(1) Limit your non-refundable deposit; (2) Make sure you understand your obligations from maintenance to making the final payoff; (3) Know your grace period for late payments and the point at which the Seller can take all your money and cancel your lease; (4) Make sure you really don't qualify for your own mortgage; (5) Make sure you don't agree to overpay, i.e., get an appraisal on the property; and (6) Make sure to get a full title search.