Existing Master Lease definition

Existing Master Lease. As defined in the recitals hereto.
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Existing Master Lease means that certain Master Lease Agreement, dated March 31, 2008, by and between Spirit Master Funding IV, LLC and the Borrower, as amended from time to time.
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Existing Master Lease means that certain Master Lease, dated as of April 28, 2016, by and between Pinnacle Entertainment, Inc., a Delaware corporation (as predecessor by merger to Lessor), as landlord, and Seller Subsidiary, as tenant, as amended by (i) that certain First Amendment to Master Lease, dated as of August 29, 2016, by and between Lessor, as landlord, and Seller Subsidiary, as tenant, (ii) that certain Second Amendment to Master Lease, dated as of October 25, 2016, by and between Lessor, as landlord, and Seller Subsidiary, as tenant, and (iii) that certain Third Amendment to Master Lease, dated as of March 24, 2017, by and between Lessor, as landlord, and Seller Subsidiary, as tenant.
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Examples of Existing Master Lease in a sentence

  • Joinder to Existing Master Lease (if applicable) Joinders are needed for situations where a project is being added to an existing Master Lease.

  • Pursuant to the Existing Master Lease Agreement, Enerchina and Sinolink agreed that any member of Enerchina Group may enter into Existing Individual Lease Agreements as lessee with any member of Sinolink Group as lessor from time to time in respect of the Sinolink Properties upon and subject to the terms and conditions as may be agreed between the relevant parties for a term fixed for a period commencing from 1 April 2011 to 31 March 2014.

  • Reference is made to the announcement of the Company dated 25 January 2017 in relation to, inter alia, the continuing connected transactions contemplated under the Existing Master Lease Framework Agreement with Tong Xxx Xxxx Holdings.

  • Removal from Existing Master Lease (if applicable) If Project was previously part of a Master Lease and is being removed from it as part of this transaction, the previous Master Lease must be amended to reflect its removal and the correct composition of the Master Lease portfolio.

  • In this respect, interests of unitholders have not been adversely impacted.The rental incurred by the Sponsor and its subsidiaries under the Existing Master Lease Agreements of Chongxian Port Investment, Stage 1 of Beigang Logistics and Fuheng Warehouse for FY2019 has since been collected by EC World REIT.(ii) The $5,799,000 disclosed on page 125 of FY2018 Annual Report also pertains to the Manager’s waiver of late rental payment penalty fees owed by the Sponsor.

  • The process then becomes an empty ritual, reflecting something that had meaning under different circumstances but that has lost its meaning.

  • In the event of any discrepancy between the Existing Master Lease and this Amendment, the terms and conditions of this Amendment will control and the Existing Master Lease is deemed amended to conform hereto.

  • Manager’s response to Question 3 (i) The penalty fees have been incurred as a result of late payment of monthly rents by the Sponsor and its subsidiaries under the Existing Master Lease Agreements of Chongxian Port Investment, Stage 1 of Beigang Logistics and Fuheng Warehouse.Under the terms of each of the Existing Master Lease Agreement, the late payment penalty fees are calculated at 0.2% of the total rent outstanding per day (approximately 73% per year).

  • In arriving at the annual cap amount, the board of directors of each of Sinolink and Enerchina have taken into account of historical market value of the Existing Individual Lease Agreement under the Existing Master Lease Agreement and the expected increase in rental of properties in Hong Kong and the PRC.

  • Except as expressly and specifically set forth herein, the Existing Master Lease remains unmodified and in full force and effect.


More Definitions of Existing Master Lease

Existing Master Lease means the lease (ML1, ML2 or ML4) under which such Added Leased Property was leased by Lessor to Tenant immediately prior to the Effective Date and (b) relative to a particular Leased Property, the terms “Ventas Subsidiaries”, “Original Lessor”, “Original Tenant” and “Original Master Lease” shall have the same respective meanings in Existing ML5, as amended and restated hereby, as in the applicable Existing Master Lease for such Leased Property (in the case of an Added Leased Property) or in Existing ML5 (in the case of the other Leased Properties; such other Leased Properties under Existing ML5 are herein referred to as the “Original ML5 Leased Properties”).
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Existing Master Lease means the lease (ML1, ML2, ML3 or ML4) under which such Leased Property was leased by Lessor to Tenant immediately prior to the Effective Date and (b) the terms “Ventas Subsidiaries”, “Original Lessor”, “Original Tenant” and “Original Master Lease” shall have the same meaning in this Lease as in the applicable Existing Master Lease for such Leased Property).
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Existing Master Lease means the lease(s) listed on Schedule 4 attached hereto and made a part hereof.
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Existing Master Lease means that certain Lease Agreement by and between Nova Investments Group Corp., as lessor, and the Company, as Lessee, relating to the Company's lease of office and warehouse space in Middleburg Heights, Ohio.
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Existing Master Lease means the Amended and Restated Master Lease dated as of November 2, 1992, by and between the City, as Master Lessor, and the Authority, as Master Lessee, which is recorded in Book M954, page 0486 of the City of St. Louis Records, and a memorandum of which is recorded in Book M954, page 0835 of the City of St. Louis Records; as assigned by the Authority pursuant Assignment and Assumption of Master Lease Agreement dated as of September 1, 2008, by and between the Authority, as Assignor, and Finance Corp, as Assignee, which is recorded in Book 09192008, page 0072 of the City of St. Louis Records.
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Related to Existing Master Lease

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

  • Existing Agreement has the meaning set forth in the recitals hereto.