Arena Lease definition

Arena Lease means the lease to be entered into between the City and the HUPEG Arena Tenant on the Initial Closing Date, in the form agreed to by the Parties prior to the Document Settlement Deadline in accordance with Section 4.5, pursuant to which, inter alia, the HUPEG Arena Tenant is to lease the Arena Property from the City, undertake the Arena Work and assume responsibility for the Operating Agreements relating to the Arena Property;
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Arena Lease means the Deed of Ground Lease to be entered into by and between the EDA and the Developer for the development of the Arena on the Development Parcel identified as Block A1 on Exhibit K (Map Depicting Development Parcels), which Deed of Ground Lease shall be in substantially the form attached hereto as Exhibit B-1 (Form of Arena Lease) to this Development Agreement.
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Arena Lease means the Deed of Ground Lease of even date herewith between the Landlord and the Tenant relating to the construction and occupancy of the Arena.
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Examples of Arena Lease in a sentence

  • Use: • Covenant to carry on “Arena Uses” (to be defined in the lease agreement) • Community Use Program and Special Events, as agreed upon by the Parties • Continuous operation • Prohibited or restricted activities Risk Management: • Insurance • Guarantee and indemnity (at any time that the Tenant does not satisfy the Aplicable Net Worth Criteria) with respect to Tenant’s obligations under the Arena Lease and, if from more than one guarantor, on a joint and several basis.

  • It is confirmed that there may be a separate Guarantee and indemnity in respect of the Arena Work and in respect of the remainder of Tenant’s obligations under the Arena Lease.


More Definitions of Arena Lease

Arena Lease means the fully executed Deed of Ground Lease (Arena) between the Authority and the Recipient in the form of Exhibit B-1 to the Development Agreement.
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Related to Arena Lease

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.