MASTER LEASE; DEFINITIONS Clause Samples

MASTER LEASE; DEFINITIONS. Premises; TERM 1 1.1 Recognition of Master Lease; Irrevocable Waiver of Certain Rights 1 1.2 Definitions 2 1.3 Lease of Premises; Ownership 2 1.4 Term 2 1.5 Net Lease 3 Article II RENT 3 2.1 Base Rent 3 2.2 Additional Rent 4 2.3 Method of Payment 4 2.4 Late Payment of Rent 4 2.5 Guaranty 4 Article III SECURITY DEPOSIT; LETTER OF CREDIT 4 3.1 Security Deposit 4 3.2 Letter of Credit 5 Article IV IMPOSITIONS AND OTHER CHARGES 7 4.1 Impositions 7 4.2 Utilities; CC&Rs 8 4.3 Insurance 8 4.4 Other Charges 8 4.5 Real Property Imposition Impounds 8 4.6 Insurance Premium Impounds 9 Article V ACCEPTANCE OF PREMISES; no impairment 9 5.1 Acceptance of Premises 9 5.2 No Impairment 10 Article VI OPERATING COVENANTS 10 6.1 Tenant Personal Property 10 6.2 Landlord Personal Property 10 6.3 Primary Intended Use 10 6.4 Compliance with Legal Requirements and Authorizations 10 6.5 Preservation of Business 12 6.6 Maintenance of Books and Records 12 6.7 Financial, Management and Regulatory Reports 13 6.8 Estoppel Certificates 13 6.9 Furnish Information 13 6.10 Affiliate Transactions 13 6.11 Waste 13 6.12 Additional Covenants 14 6.13 No Liens 15 6.14 Excess Beds 15 Article VII MAINTENANCE AND REPAIR 16 7.1 Tenant’s Maintenance Obligation 16 7.2 Premises Condition Report 16 7.3 Notice of Non-Responsibility 16 7.4 Permitted Alterations 16 7.5 Capital and Material Alterations 17 7.6 Capital Expenditures 18 7.7 Encroachments 19 7.8 Additional Land and Improvements 19 Article VIII PERMITTED CONTESTS 20 Article IX INSURANCE 20 9.1 Required Policies 20 9.2 General Insurance Requirements 22 9.3 Replacement Costs 22 9.4 Claims-Made Policies 23 9.5 Non-Renewal 23 9.6 Deductibles 23 9.7 Increase in Limits; Types of Coverages 23 9.8 No Separate Insurance 24 Article X REPRESENTATIONS AND WARRANTIES 24 10.1 General 24 10.2 Anti-Terrorism Representations 24 10.3 Additional Representations and Warranties 25 Article XI DAMAGE AND DESTRUCTION 26 11.1 Notice of Damage or Destruction 26 11.2 Restoration 26 11.3 Insufficient or Excess Proceeds 26 11.4 Facility Mortgagee 26 Article XII CONDEMNATION 27 Article XIII DEFAULT 27 13.1 Events of Default 27 13.2 Remedies 28 Article XIV OBLIGATIONS OF TENANT ON EXPIRATION OR TERMINATION OF LEASE 30 14.1 Surrender 30 14.2 Transition 31 14.3 Tenant Personal Property 32 14.4 Facility Trade Name 33 14.5 Holding Over 33 Article XV INDEMNIFICATION 33 Article XVI LANDLORD’S FINANCING 34 16.1 ▇▇▇▇▇ ▇▇▇▇ 34 16.2 Attornment 34 16.3 Cooperation; Modifications 34 16.4 Com...

MASTER LEASE; DEFINITIONS. Asset(s). All of the personal property, including hardware, software or licensed products, services, and/or maintenance listed on any Schedule. When Asset(s) refers to software licensed to Lessee it shall be understood that said software shall continue to be owned by licensor as set forth in the applicable software license agreement.