Master Lease Agreement Clause Samples
A Master Lease Agreement is a contractual framework that governs multiple individual lease transactions between the same parties. It sets out the general terms and conditions—such as payment schedules, maintenance responsibilities, and dispute resolution procedures—that will apply to all equipment or property leases executed under its umbrella. By consolidating these terms into a single agreement, it streamlines the process for future leases, reduces repetitive negotiations, and ensures consistency across all related transactions, thereby saving time and minimizing the risk of conflicting terms.
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Master Lease Agreement. This Lease is entered into pursuant to the Agreement identified above. Except to the extent expressly modified hereby, the parties hereto by their execution and delivery hereof, reaffirm and incorporate herein by reference all of the terms, covenants and conditions of said Agreement as if such terms, covenants and conditions were fully set forth in this Equipment Schedule. All of the capitalized words used herein or in the Riders annexed hereto shall have the meanings ascribed to them in the Agreement unless otherwise expressly stated herein or therein.
Master Lease Agreement. DIR and Vendor hereby agree that Vendor is authorized to utilize the Master Lease Agreement in Appendix E of this Contract for DIR authorized entities as Lessees that are not Texas State Agencies or otherwise required by statute to utilize the Texas Public Finance Authority for such leasing transactions. Texas State Agencies that have the requisite capital authority and who are not required to utilize such authority via the Texas Public Finance Authority may or may not be eligible to utilize the Master Lease Agreement; each such agency must confer with its own counsel to make this determination.
Master Lease Agreement. Each related Security Instrument is a legal, valid and enforceable first lien on each master lease agreement in the principal amount of such Purchased Loan or allocated loan amount in the aggregate together with all other Underlying Colalteral (subject only to Permitted Encumbrances (as defined below) and the exceptions to Section 33 hereof (“Permitted Liens; Title Insurance”) set forth in the related Exception Report (each such exception, a “Title Exception”)), except as the enforcement thereof may be limited by the Standard Qualifications. Except as otherwise set forth in the Title Policy relating to such Purchased Loan, such master lease agreements (subject to and excepting Permitted Encumbrances and Title Exceptions) as of the origination were, to the Seller’s Knowledge, free and clear of any recorded mechanics’ liens, recorded materialmen’s liens and other recorded encumbrances which are prior to or equal with the lien of the related Security Instrument, except those which are bonded over, escrowed for or insured against by a lender’s title insurance policy and, to the Seller’s Knowledge and subject to the rights of tenants (as tenants only) (subject to and excepting Permitted Encumbrances), no rights exist which under law could give rise to any such lien or encumbrance that would be prior to or equal with the lien of the related Security Instrument, except those which are bonded over, escrowed for or insured against by a lender’s title policy.
Master Lease Agreement. DIR and Vendor hereby agree that Vendor is authorized to utilize the Master Lease Agreement in Appendix D and Equipment Schedule to Master Lease Agreement in Appendix J of this Contract for DIR authorized entities as Lessees that are not Texas State Agencies or otherwise required by statute to utilize the Texas Public Finance Authority for such leasing transactions.
Master Lease Agreement. Compensation Agreement
Master Lease Agreement. That certain Master Lease Agreement dated June 12, 1997 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ding VII, L.P., as Landlord, and CBHS and certain other parties, as Tenant. Maturity Date. June 6, 2000, or such earlier date on which the Loans shall become due and payable pursuant to the terms hereof.
Master Lease Agreement. The pricing, pass-through costs, other out-of-pocket costs and other material terms and conditions under the Master Lease Agreement in the aggregate are no less favorable to Opco than the transfer pricing, pass-through costs and other material terms and conditions applicable to the Business and its operation in the same properties during the year prior to the date hereof, subject to reasonable and customary price adjustments (“Acceptable Adjustments”) and pass-through increases imposed by third parties (“Acceptable Increases”).
Master Lease Agreement that certain Innisbrook Rental Pool Master Lease Agreement dated January 1, 2002, by and among certain lessors and Golf Host Resorts, Inc., as lessee, as amended from time to time (including, without limitation, by that First Addendum dated October 5, 2001; that certain Second Addendum dated December, 2001; and by those certain Annual Lease Agreements executed by certain lessors to adopt the benefits and burdens of the Innisbrook Rental Pool Master Lease Agreement for the relevant forthcoming year), as hereafter modified with the prior written consent of Owner and Westin; provided, however, that Westin’s prior written consent shall not be required with respect to non material changes that do not affect the economic terms and provisions thereof (although a copy of any such change shall be delivered to Westin).
Master Lease Agreement dated as of August 1, 1997, between General Electric Capital Corporation, as Lessor, and Sunbelt Asphalt & Materials, Inc., as Lessee.
Master Lease Agreement. The Consolidated, Amended and Restated Master Lease Agreement, dated November 2, 2000, between Getty Properties Corp. and Getty Petroleum Marketing Inc. has not been amended since its date of execution and has been duly authorized, executed and delivered by the Company and constitutes a valid and legally binding agreement of the Company and, to the Company’s knowledge, Getty Petroleum Marketing Inc. enforceable against the Company and , to the Company’s knowledge, Getty Petroleum Marketing Inc. in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors’ rights generally or by equitable principles relating to enforceability.