Concession Sublease definition

Concession Sublease means any Sublease entered into by and between the Lessee and a Concession Sublessee.
Concession Sublease means any Sublease entered into by and between the Lesseeand a Concession Sublessee.
Concession Sublease means any Sublease between the Lessee and the operator of a concession at the Existing Terminal B Facilities, the New Terminal B Facilities or the Central Hall, as applicable, pursuant to Section 5.3 (Concession Subleases).

Examples of Concession Sublease in a sentence

  • Each month, the sublessee under the Concession Sublease is responsible for paying (i) 1/12 of the MAG, plus (ii) the positive difference, if any, of the Percentage Rent due for such month, if any.

  • The distributions clause deals with the timing of when members get paid.

  • Employee Discount OfferAll concession tenants may offer any available employee discount on sales to KAL airport and airline employees who display valid identification, as more particularly described in the Concession Sublease.

  • Additional provisions regarding these requirements and financial terms are set forth in more detail in the draft Concession Sublease.

  • From and following the DBO of any phase of the D&C Work for the New Terminal Facilities, the Lessee shall require each Concession Sublessee operating in the new space constructed in such phase to pay rentals to the Lessee on terms and conditions specified in the applicable Concession Sublease.

  • There may be two rent components under the Concession Sublease: (i) Minimum Annual Guarantee (MAG); and (ii) Percentage Rent.

  • Any recommended changes to the standard Concession Sublease should be documented upon submission to this RFP.

  • Additional Rent includes the components described in the Concession Sublease provided as an appendix to this RFP.

  • MAG is the minimum annual amount due during each year of the Concession Sublease term regardless of sales.

  • ACDBE Concession Sublease means any Concession Sublease with an ACDBE pursuant to Section 5.3 (Concession Subleases).


More Definitions of Concession Sublease

Concession Sublease means a Sublease made by IAT for use of any portion of the Concession Space.

Related to Concession Sublease

  • 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.

  • 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.

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Concession Contract means a contract for pecuniary interest concluded in writing between one or more economic operators and one or more contracting authorities within the meaning of Articles 168 and 172, in order to entrust the execution of works or the provision and management of services to an economic operator (the ‘concession’). The remuneration shall consist either solely in the right to exploit the works or services or in that right together with payment. The award of a concession contract shall involve the transfer to the concessionaire of an operating risk in exploiting those works or services encompassing demand risk or supply risk, or both. The concessionaire shall be deemed to assume an operating risk where, under normal operating conditions, there is no guarantee of recouping the investments made or the costs incurred in operating the works or the services at stake;

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

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

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • 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:

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

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

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Sublessor means one who conveys real property by sublease."

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Permitted Sublease means a sublease permitted under Section 7.2.7 of the Lease.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

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

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.