Applicable Leases definition

Applicable Leases means leases to tenants approved by Mortgagee not in default and with terms of at least three (3) years remaining after the date of a Triggering Event. Leases in existence as of the date hereof shall be deemed approved for all other provisions of this Mortgage. Leases which are on the standard form reviewed by Mortgagee and are at market rates at the time entered into shall be deemed approved for purposes of this definition;
Applicable Leases means (i) with respect to Boulder Station, the Boulder Leases, (ii) with respect to Lake Xxxx Station, the Fiesta Xxxxxxxxx Leases, (iii) with respect to Fiesta Station, the Fiesta Rancho Leases, (iv) with respect to Palace Station, the Palace Leases, (v) with respect to Santa Fe Station, the Santa Fe Leases and (vi) with respect to Sunset Station, the Sunset Leases.
Applicable Leases means (i) with respect to Boulder Station, the Boulder Leases, (ii) with respect to Charleston Station, the Red Rock Leases, (iii) with respect to Palace Station, the Palace Leases and (iv) with respect to Sunset Station, the Sunset Leases.

Examples of Applicable Leases in a sentence

  • Each Owner is in compliance in all material respects with all Applicable Leases and, to Seller’s Knowledge, each Applicable Tenant is in compliance with each Applicable Lease.

  • True and complete copies of the Applicable Leases have been delivered to TIAA LLC and constitute the entire agreement between landlord and Tenant with respect to the premises demised thereunder.

  • Schedule 5 sets forth all security deposits held by or on behalf of Reckson under the Applicable Leases.

  • Not enter into any new lease or any amendments, expansions or renewals of Applicable Leases, or terminate any Applicable Lease, in each case without the prior written approval of the material terms thereof by the Purchasers, which approval will not be unreasonably withheld, delayed or conditioned.

  • In the event that the Projected Plaza II/III Debt Service Coverage from Applicable Leases does not meet the required ratio in connection with the release of insurance loss proceeds pursuant to subparagraph (i) above, Mortgagors shall have the right to make a partial prepayment of the Notes, to the extent necessary in order to meet the debt service coverage required under subparagraph (i) above, together with the Partial Prepayment Fee.

  • The Applicable Leases have not been amended or modified by Reckson or any Affiliate of Reckson, except as set forth on said Schedule 5 or, to the best of Reckson's knowledge, otherwise amended or modified.


More Definitions of Applicable Leases

Applicable Leases has the meaning set forth in Section 4.17.
Applicable Leases. As defined in Section 12.01(a).

Related to Applicable Leases

  • Eligible Lease means, as of any date of determination, a Lease for a Property that satisfies all of the following:

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • 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.

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Facility Leases means all of the leases of Facilities listed on Schedule 3.7 of the Disclosure Schedules.

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Other Leases means, collectively, the Lease Agreements between Landlord, or an Affiliate of Landlord, and Tenant with respect to the properties described on Exhibit B, but excluding any Lease Agreements terminated pursuant to their terms or by mutual agreement of the parties.

  • Subleases means the Sublease(s) of even date herewith by and between the District and Contractor together with any duly authorized and executed amendment hereto under which the District subleases the Site from the Contractor.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Material Leases has the meaning set forth in Section 4.21.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

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

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Base Lease means the Base Lease Agreement delivered concurrently with this Lease between the Company and the Issuer.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Material Leased Real Property has the meaning set forth in Section 2.14.

  • Company Leases shall have the meaning set forth in Section 3.12(a).