Alternative Lessee definition

Alternative Lessee means any Subsidiary of Tech Data that is an alternative Lessee of any Property pursuant to Section 2.5 of the Lease.
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Alternative Lessee means a company, approved by all of the National Agents and incorporated in a jurisdiction approved by all of the National Agents, in each case, in accordance with clause 7, which accedes to this Agreement as a Lessee pursuant to clause 7;
Sample 1
Alternative Lessee means a company, approved by all of the National Agents, the German Parallel Lender and the Mismatch Agent and incorporated in a jurisdiction approved by all of the National Agents, the German Parallel Lender and the Mismatch Agent, in each case, in accordance with clause 9, which accedes to this Agreement as a Lessee pursuant to clause 9;
Sample 1

Examples of Alternative Lessee in a sentence

  • It is hereby emphasized that, within the framework of the transfer of the rights and obligations, as stated above, in addition to the signing of the Lease Agreement between the Lessor and the Alternative Lessee, a tri-party agreement (between the Lessor, the Lessee and the Alternative Lessee) will be signed, which will set forth the rights to the Leased Property from the Lessee to the Alternative Lessee.

  • Subject to the signing of the aforementioned tri-party agreement, the Alternative Lessee’s signing of a lease agreement, and the full and timely fulfillment of the Lessee’s undertakings, until the transfer date of the rights and obligations to the Alternative Lessee — the Lessee will be exempt from its undertakings under this Agreement, beginning on the date of the transfer of the rights and obligations to the Alternative Lessee.

  • The foregoing will apply subject to the stipulation that the identity of the Alternative Lessee will be subject to the advance written approval of the Lessor, in the Lessor’s exclusive judgment, and for relevant reasons only.

  • Without derogating from the foregoing, it is hereby clarified that any refusal by the Lessor due to unsuitability of the Alternative Lessee, in light of matters associated with the reputation and/or reliability and/or economic ability of the Alternative Lessee, will not be considered unjustified refusal.

  • Xxxx Title: Vice President TECH DATA PRODUCT MANAGEMENT, INC., as Alternative Lessee By: /s/ Xxxxxxx X.

  • Xxxx Xxxxxxx Title: Senior Vice President and Manager ACKNOWLEDGED AND AGREED TO: TECH DATA PRODUCT MANAGEMENT, INC., as Alternative Lessee By: /s/ Xxxxxxx X.

  • Each Alternative Lessee shall be a direct or indirect and wholly-owned Subsidiary of debis.

  • Xxxxxxxxx Title: Senior Vice President and Treasurer TD FACILITIES, LTD., as Alternative Lessee By: /s/ Xxxxxxx X.

  • HALLSTROM Title: VICE PRESIXXXX ACKNOWLEDGED AND AGREED TO: TECH DATA PRODUCT MANAGEMENT, INC., as Alternative Lessee By: /s/ ----------------------- Name: Jeffery P.

  • If the Lessor does not exercise the said Right of First Refusal or notifies the Lessee that it does not seek to do so during the said exercise period, the Lessee may offer the Leasehold to an Alternative Lessee that meets the conditions of this section.

Related to Alternative Lessee

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • Alternative fuel vehicle means a vehicle designed to be capable of running on at least one type of fuel that is either gaseous at atmospheric temperature and pressure, or substantially non-mineral oil derived.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • Rental Vehicle means the “auto” rented or leased by the “renter” from the “policyholder” and described in the “rental agreement.”

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • Rental Car means a private passenger vehicle (including mini-vans and sport utility vehicles) rented from a rental car agency and being used solely for transportation on public roads.

  • Fleet means one or more commercial vehicles.

  • Facility Mortgage As defined in Section 13.1.

  • Replacement Engine means a [Engine Manufacturer and Model] engine (or an engine of the same or another manufacturer of a comparable or an improved model and suitable for installation and use on the Airframe with the other Engine (or any other Replacement Engine being substituted simultaneously therewith)) that shall have been made subject to the Lien of the Indenture pursuant to Section 7.04 or Section 7.05 thereof, together with all Parts relating to such engine, but excluding items installed or incorporated in or attached to any such engine from time to time that are excluded from the definition of Parts.

  • Replacement Mortgage Loan A Mortgage Loan or Mortgage Loans in the aggregate substituted by the Seller for a Deleted Mortgage Loan, which must, on the date of such substitution, as confirmed in a Request for Release, (i) have a Stated Principal Balance, after deduction of the principal portion of the Scheduled Payment due in the month of substitution, not in excess of, and not less than 90% of, the Stated Principal Balance of the Deleted Mortgage Loan; (ii) if the Replacement Mortgage Loan is a fixed rate Mortgage Loan, have a fixed Mortgage Rate not less than or more than 1% per annum higher than the Mortgage Rate of the Deleted Mortgage Loan; (iii) have the same or higher credit quality characteristics than that of the Deleted Mortgage Loan; (iv) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (v) have a remaining term to maturity no greater than (and not more than one year less than) that of the Deleted Mortgage Loan; (vi) not permit conversion of the Mortgage Rate from a fixed rate to a variable rate; (vii) have the same lien priority as the Deleted Mortgage Loan; (viii) constitute the same occupancy type as the Deleted Mortgage Loan or be owner occupied; (ix) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Maximum Mortgage Rate not less than the Maximum Mortgage Rate on the Deleted Mortgage Loan, (x) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Minimum Mortgage Rate not less than the Minimum Mortgage Rate of the Deleted Mortgage Loan, (xi) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a Gross Margin equal to or greater than the Gross Margin of the Deleted Mortgage Loan, (xii) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a next Adjustment Date not more than two months later than the next Adjustment Date on the Deleted Mortgage Loan, (xiii) comply with each representation and warranty set forth in Section 7 of the Mortgage Loan Purchase Agreement and (xiv) the Custodian has delivered a Final Certification noting no defects or exceptions.

  • Alternative Investment Vehicle means an entity created in accordance with the Operative Documents of a Borrower to make investments and that has the right to call on Capital Commitments directly from Investors.

  • Replacement Facility means 1 of the following:

  • Cooperative Loan Any Mortgage Loan secured by Cooperative Shares and a Proprietary Lease.

  • Solar alternative compliance payment or "SACP" means a

  • Alternative fuel means natural gas, propane, ethanol, methanol, gasoline (when used in hybrid electric vehicles only), hydrogen, electricity, fuel cells, or advanced technologies that do not rely on diesel fuel. “Alternative fuel” also means any of these fuels used in combination with each other or in combination with other non-diesel fuels.

  • Alternative living arrangement means a structure in which households live in distinct bedrooms, yet share kitchen and plumbing facilities, central heat and common areas. Alternative living arrangements include, but are not limited to: transitional facilities for the homeless; Class A, B, C, D and E boarding homes as regulated by the State of New Jersey Department of Community Affairs; residential health care facilities as regulated by the New Jersey Department of Health; group homes for the developmentally disabled and mentally ill as licensed and/or regulated by the New Jersey Department of Human Services; and congregate living arrangements.

  • Collateral Provider means the Security Collateral Provider under a Security Document or the Transferor under a Transfer Annex, according to context, in relation to which “Collateral Taker” means the Secured Party or the Transferee, as the case may be.

  • Replacement Energy means Energy purchased by Buyer as replacement for any Delivery Shortfall.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Alternative program means a non-disciplinary monitoring or practice remediation process approved by a physical therapy licensing board. This includes, but is not limited to, substance abuse issues.

  • alternative fuels means fuels or power sources which serve, at least partly, as a substitute for fossil oil sources in the energy supply to transport and which have the potential to contribute to its decarbonisation and enhance the environmental performance of the transport sector, including:

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Substitute Aircraft Has the meaning specified in the NPA.