Sentences with phrase «on lease obligations»

A healthier economy may reduce the risk that a tenant will default on its lease obligations, and if they do, improves the landlord's ability to re-lease the property (on potentially more favorable terms).
At that point we will have one year left on our lease obligations.

Not exact matches

Simon Property Group Inc. filed a lawsuit against Starbucks on Aug. 21, claiming the coffee giant had not fulfilled its lease obligations and «put its stock price above its contractual obligations, the viability of Simon and its Shopping Centers, other retailers and consumers who count on the Teavana stores,» USA Today reports.
According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»
A standard lease states the landlord is required to release the money within 30 to 60 days after you vacate the property if you've met all of your obligations, such as making all rent payments, moving out of the apartment on time, returning the property in good condition, etc..
The new debt service and lease obligations won't break their backs, but they'll be added new weight on backs already bent.
Last week, the Financial Accounting Standards Board (FASB) voted to update standards on operating lease accounting that would force companies to record as much as $ 2 trillion worth of lease obligations on their balance sheets.
... Although June 15, 2015 is the day that several laws creating our rent stabilization system are set to expire, your legal obligations under existing leases and under the passage of the new rent stabilization program will not expire on that day; and any attempt to circumvent those responsibilities will face the full brunt of the law and all legal consequences.»
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.
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.
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.
A renters insurance lease clause ensures that you are able to make good on that obligation, should it become necessary.
These figures include the actual lease obligations ($ 3.728 mm as of June 30, 2009, page 20 on the 10Q) and operating expenses associated with the leases (taxes passed through by building owner and maintenance charges).
Moreover, the Board believes that the assumptions stated in your March 30 press release with regard to the Company's ability to distribute a significant cash dividend do not properly take into account, among other things, the Company's significant lease and other obligations, which are detailed in the Company's 2008 Annual Report on Form 10 - K.
A lease on residential property, such as an apartment, includes an obligation to pay rent for a defined period of time.
We don't know the terms of the cable and satellite agreements and operating leases and so it is impossible to determine whether the «contractual cash obligations» are absolute or contingent on VVTV continuing to use the services contracted.
If the landlord materially fails to comply with their obligations to maintain safe and habitable premises with a health or safety impact, the tenant may terminate the lease on written notice.
Also, the analysis factors in a rough $ 4 - $ 5 mm obligation (settlement) on the $ 22 mm lease.
It's hard for us to project what that would be, but as far as you can tell — or as far as we can reassure you — the only obligations we're committed to that are on the books that you can see is going to be the one last year of leases, which is $ 2 million net.
Terminating the Issuer's lease with its landlord, Oyster Point Tech Center, LLC, and settling with the landlord the obligations of the Issuer on the remaining lease payments;
Terminating [VXGN]'s lease with its landlord, Oyster Point Tech Center, LLC, and settling with the landlord the obligations of [VXGN] on the remaining lease payments;
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 housing assistance programs imposed contractual and regulatory obligations on the BHA to inspect the leased premises for lead - based paint hazards.
«For satellite dish installation permission — # 500 plus surveyor's fee for inspecting channels» CLRA 2002, Sch 11 gave tenants the right to challenge the liability to pay and reasonableness of an administration charge — for example, for consent to installation of a satellite dish or carrying out of building works, on providing information or documents or in respect of a failure to make payment under the lease — at a LVT and, ahead of service charges, obligated the landlord to serve, with a demand for the payment of the charge, a summary of the tenant's rights and obligations.
Half Moon Lake Resort applied for a declaration that the renewal option was not prohibited by the consent order, Strathcona County applied for a declaration that campsite leases in a form different than that approved by the consent order were invalid, and the Registrar of Land Titles sought directions about the obligations imposed on that office by the consent order.
Although there is no obligation to have a lease end on June 30, it does, in some ways, make finding a new home easier when leases finish on the same date.
In addition to his core work, Richard regularly advises on various other issues for developers, investors and housebuilders such as: keep - open obligations, servitudes, lease disputes and interdicts.
A timely reminder Although Leonora v Mott Mcdonald relates to commercial premises, the case serves as a timely reminder of the Service Charges (Summary of Rights and Obligations, and Transitional Provisions)(England) Regulations 2007 (SI 2007/1257) in respect of residential leases which came into force just over a year ago on 1 October 2007.
GoodLife Fitness Centres Inc. («GoodLife») entered into an asset purchase agreement with Extreme Fitness («Extreme») which involved taking on Extreme's lease obligations for 635 Danforth Avenue, Toronto.
Most people entering into any type of agreement, be it an employment contract, a commercial lease or a partnership agreement, usually focus on provisions relating to the parties» monetary obligations.
We are experienced in advising on all elements of dispute, including rent arrears, rights arising under the lease and clarification of responsibilities and obligations.
Important decision on proper construction of repairing obligations in commercial lease.
Could there be a mutual meeting of minds where landlords and tenants may try to impose energy obligations on each other by way of «green leases»; where tenants might want their landlord to run the building in as energy efficient a manner as possible in line with their corporate and social responsibility reporting?
When entering into a new lease it is essential that a tenant knows what obligations and liabilities they are taking on.
Fixed financial obligations such as long term leases on a property can be a major burden on any firm.
Quebec's Civil Code also contains various provisions dealing with external clauses, abusive clauses, penal clauses, illegible and incomprehensible clauses, and so on, to name a few, and also provides for a great number of statutorily imposed terms in what it calls «nominate» contracts (such as leases or contracts for services, which have rights and obligations specially prescribed by law).
M&S failed on the first ground for the same reason that the tenants in QuirkCo and Canonical failed: the express terms of the lease were not sufficiently clear to displace the tenant's overarching obligation to pay a full quarter's rent in advance on all quarter days.
Getting automobile insurance rate quotes on leased or financed vehicles makes sense, for example, since lien holders typically require these modes of coverage while you are working to pay off any outstanding financial obligations.
You pay your rent on time, avoid complaints, keep your Walnut Ridge renters insurance current, and fulfill the obligations of your lease.
That person has the same obligations to tenants, whether a homeowner leasing on a small scale, or a largescale commercial enterprise.
A renters insurance lease clause ensures that you are able to make good on that obligation, should it become necessary.
Ensure timely closing on fee sales, cessation of obligations on lease terminations, sublease rent start dates
It is necessary to ensure Indigenous communities, families and individuals have capacity to take on the legal and financial obligations involved, and to manage any capital raised to ensure ongoing gains, where leasing or mortgaging is desired by them (see Chapter 4).
-- It is not clear anywhere in the offer to lease that the landlord's name and address for the purpose of service of documents must be included on the lease, otherwise the tenant's obligation to pay rent is suspended.
But San Capital will acquire the liabilities on almost all the assets, including lease obligations.
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
Manhattan Apartments, Inc. v. Matera (10 Misc.3 d 133A)-- small claims judgment in favor of broker affirmed; broker's responsibility was fully performed upon tenant's signing of lease agreement, at with point the earned commission became irrevocable; the fact that landlord ultimately agreed to relieve tenant of his leasehold obligations due to noise concerns had no bearing on broker's entitlement to recover the agreed upon brokerage fee; record contains no indications that broker / tenant agreement incorporated any condition that tenant was looking for a «quiet» apartment.
A RentGrade is a tenant risk solution that predicts the probability that a tenant will pay their rent on time and fulfill the financial obligations of their lease.
The final stage would involve negotiating commercial terms of the lease agreement on your behalf, including but not limited to obligations of the parties, terms of lease termination, securities, penalties, etc..
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