Permitted Act

Example Definitions of "Permitted Act"
Permitted Act. Shall mean (a) the execution and delivery by Manager of this Management Agreement and any proper attachment hereto; and any act that Manager is required or expressly permitted to do pursuant to this Management Agreement or other agreement executed in connection herewith.
Permitted Act. Shall mean (a) the execution and delivery by Lessee of this Lease and any proper attachment hereto; (b) the exercise of any purchase option pursuant to this Lease; and (c) any act that Lessee is required or expressly permitted to do pursuant to this Lease or other agreement executed in connection herewith.
All Definitions