Definition of Lessee Sample Clauses

Definition of Lessee. The definition of "Lessee" appearing in Article II of the Original Master Lease (as amended and restated pursuant to the Amendments) shall be further amended and restated to have the meaning given to such term in the preamble of this Amendment.
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Definition of Lessee. It is further stipulated and agreed that wherever the word "LESSEE" is used herein, it is intended, and shall be deemed, to include and shall be binding upon LESSEE'S members, agents, servants, employees, contractees, invitees, licensees, and guests.
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Definition of Lessee. As of the date of this Lease, the parties agree and acknowledge that the Lessee collectively consists of the following four Delaware limited liability companies each holding the respective percentage tenancy in common interest in the leasehold interest under this Lease set forth below: Lyon Xxxxx Xxxxxxx, LLC 30.02% Lyon Villa Xxxxxxx XX, LLC 19.98% Xxxxx Xxxxx Xxxxxxx 224, LLC 31.4% Xxxxx Xxxxx Xxxxxxx 224 II, LLC 18.6% For purposes of this Lease, each of the above four entities (and each of their respective successors and assigns) are sometimes individually referred to as a “Lessee Entity” and collectively as “Lessee Entities.” Each and all of the Lessee Entities shall be jointly and severally liable for Lessee’s obligations and liabilities under this Lease. County shall have the right, but not the obligation, to rely upon, and Lessee (including each of the Lessee Entities collectively comprising Lessee) shall be bound by, any act, omission, election, notice or other communication by or from any one or more of the Lessee Entities. At County’s election, County shall have the right, but not the obligation, to disregard inconsistent or conflicting acts, notices, elections or communications received from two or more Lessee Entities, and County shall have the right, but not the obligation, to consider such inconsistent or conflicting acts, notices, elections or communications to not have been performed, delivered or made by or on behalf of Lessee. At County’s request, Lessee shall cause any notice, election or other communication purportedly from, by or on behalf of Lessee, but not signed by all Lessee Entities that collectively comprise Lessee, to be signed or otherwise confirmed in writing by all such Lessee Entities, and pending receipt of such signatures or written confirmation, County shall have the right, but not the obligation, to treat such notice, election or other communication to not have been made or delivered by or on behalf of Lessee. Notwithstanding the foregoing, Lessee hereby designates Lyon Management Group, Inc., a California corporation (“LMGI”), to have authority to act on behalf of, and to bind, Lessee (including all of the Lessee Entities) in connection with acts, omissions, notices, elections or communications under this Lease, and any act, omission, notice, election or communication by or from LMGI shall bind Lessee (including all of the Lessee Entities) and County shall have the right to rely thereon. Lessee may, from time to time, b...
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Definition of Lessee. For purposes of this Guaranty of Lease and the obligations and liabilities of Guarantor, the term Lessee shall be deemed to include any and all assignees, sub Lessees, co-lessees, sub lessees or others directly or indirectly leasing or occupying the Premises leased under the Lease.
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Definition of Lessee. 21.1 The term LESSEE shall apply to all authorized adult occupants entitled to reside in the apartment, and, if more than one person has signed this Lease, then full performance of all of the terms, conditions and covenants of this Lease shall be the responsibility of each person who signed. This provision can only by changed in writing by LESSOR.
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Definition of Lessee. The term LESSEE is defined broadly and includes all persons named in the Lease Agreement, all occupants, their family members, guests, invitees and/or others under their control.
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Definition of Lessee. The word "Lessee" is used herein to include each and every person named above as Lessee as well as their heirs, personal representatives, successors and assigns, each of whom shall be under the same obligations, liabilities and disabilities and have only such rights, privileges and powers as he would have possessed had he originally signed this Lease as Lessee. Each and every of the persons named above as Lessee shall be bound jointly and severally by the terms, covenants and agreements contained herein. Any notice required or permitted by the terms of this Lease may be given by or to any one of the persons named above as Lessee, and shall have the same force and effect as if given by or to all thereof.
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Related to Definition of Lessee

  • Definition of Lessor The term "LESSOR" as used herein shall mean the owner or owners at the time in question of the fee title to the Premises, or, if this is a sublease, of the Lessee's interest in the prior lease. In the event of a transfer of Lessor's title or interest in the Premises or this Lease, Lessor shall deliver to the transferee or assignee (in cash or by credit) any unused Security Deposit held by Lessor. Except as provided in Paragraph 15, upon such transfer or assignment and delivery of the Security Deposit, as aforesaid, the prior Lessor shall be relieved of all liability with respect to the obligations and/or covenants under this Lease thereafter to be performed by the Lessor. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by the Lessor shall be binding only upon the Lessor as hereinabove defined. Notwithstanding the above, and subject to the provisions of Paragraph 20 below, the original Lessor under this Lease, and all subsequent holders of the Lessor's interest in this Lease shall remain liable and responsible with regard to the potential duties and liabilities of Lessor pertaining to Hazardous Substances as outlined in Paragraph 6 above.

  • Definition of Landlord With regard to obligations imposed upon Landlord pursuant to this Lease, the term “Landlord,” as used in this Lease, shall refer only to Landlord or Landlord’s then-current successor-in-interest. In the event of any transfer, assignment or conveyance of Landlord’s interest in this Lease or in Landlord’s fee title to or leasehold interest in the Property, as applicable, Landlord herein named (and in case of any subsequent transfers or conveyances, the subsequent Landlord) shall be automatically freed and relieved, from and after the date of such transfer, assignment or conveyance, from all liability for the performance of any covenants or obligations contained in this Lease thereafter to be performed by Landlord and, without further agreement, the transferee, assignee or conveyee of Landlord’s in this Lease or in Landlord’s fee title to or leasehold interest in the Property, as applicable, shall be deemed to have assumed and agreed to observe and perform any and all covenants and obligations of Landlord hereunder during the tenure of its interest in the Lease or the Property. Landlord or any subsequent Landlord may transfer its interest in the Premises or this Lease without Tenant’s consent.

  • Definition of Layoff A layoff shall be defined as a reduction in the work force or a reduction in the regular hours of work as defined in this Agreement.

  • Definition of Rent All costs and expenses which Tenant assumes or agrees to pay to Landlord under this Lease shall be deemed additional rent (which, together with the Base Rent is sometimes referred to as the "Rent"). The Rent shall be paid to the Building manager (or other person) and at such place, as Landlord may from time to time designate in writing, without any prior demand therefor and without deduction or offset, in lawful money of the United States of America.

  • Definition of Company Solely for purposes of this Article 6, the term "Company" also shall include any existing or future subsidiaries of the Company that are operating during the time periods described herein and any other entities that directly or indirectly, through one or more intermediaries, control, are controlled by or are under common control with the Company during the periods described herein.

  • Addition of Definitions With respect to the Senior Notes only, Section 1.01 of the Base Indenture is amended to include the following definitions (which shall be deemed to arise in Section 1.01 in their proper alphabetical order):

  • Basic Lease Provisions and Definitions In addition to other terms elsewhere defined in this Lease, the following terms whenever used in this Lease should have only the meanings set forth in this Preamble, unless such meanings are expressly modified, limited or expanded elsewhere herein.

  • Definition of Default The BUYER shall be deemed to be in default under this CONTRACT in the following cases: (a) If the first, second, third or fourth instalment is not paid to the BUILDER within the respective DUE DATE of such instalments; or (b) If the fifth instalment is not deposited in accordance with Article X.4.(a)(ii) hereof or if the said fifth instalment deposit is not released to the BUILDER against presentation by the BUILDER of a copy of the original PROTOCOL OF DELIVERY AND ACCEPTANCE; or (c) If the BUYER fails to take delivery of the VESSEL when the VESSEL is duly tendered for delivery by the BUILDER under the provisions of Article VII hereof; or (d) If an order or an effective resolution shall be passed for winding up of the BUYER (except for the purpose of reorganization, merger or amalgamation); or In case the BUYER is in default as set out in Paragraph 1 above, the BUILDER is entitled to and shall have the following rights, powers and remedies in addition to such other rights, powers and remedies as the BUILDER may have elsewhere in this CONTRACT and/or at law, at equity or otherwise.

  • Common Areas - Definition The term "Common Areas" is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Industrial Center and interior utility raceways within the Premises that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other lessees of the Industrial Center and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, sidewalks, walkways, parkways, driveways and landscaped areas.

  • DELETE IN ITS ENTIRETY AND REPLACE WITH THE FOLLOWING In the event of a bona fide sale or transfer of any store covered by this Agreement during the period hereof, the new owner of such transferee shall be notified of the existence of this Agreement. The former owner shall be required to meet any and all monetary benefits that employees have accumulated under this Agreement, but, except as provided in this Article, shall have no further or other obligations whatsoever, notwithstanding any other provision to the contrary in the Agreement.

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