Data Center Leases definition

Data Center Leases means those capital lease obligations of the Group Companies that are recognized on the Latest Balance Sheet in accordance with GAAP and are specifically for the lease of equipment physically located in the Group Companies’ four data center locations.
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Data Center Leases means, (i) the data center lease, dated August 10, 2007, by Switch and Data CA Eleven LLC, as lessee, of the premises located at Sunnyvale, CA and (ii) the data center lease, dated October 26, 2007, by Switch and Data NJ Two LLC, as lessee, of the premises located at North Bergen, NJ.
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Data Center Leases means the leases listed on Schedule D-1 and any lease of a data center entered into by a Loan Party after the Closing Date (other than pay-as-you-go or partner site leases).
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Examples of Data Center Leases in a sentence

  • At all times the Unencumbered Pool Properties in the Unencumbered Pool must maintain on a collective basis a minimum weighted average remaining initial lease term of Data Center Leases or Medical Property Leases of not less than six (6) years remaining (for each multi-tenant Unencumbered Pool Property in the Unencumbered Pool, a weighted average lease term taking into account all Leases within such Unencumbered Pool Property shall be used for the calculation required by this §9.5).

  • At all times each Mortgaged Property shall separately maintain an initial lease term (if multi-tenant, then taking into account all Leases, a weighted average lease term) of Data Center Leases or Medical Property Leases of not less than five (5) years remaining.

  • No Company is in default under any provision of any lease agreement to which it is a party with respect to a leasehold interest in Real Property (including the Data Center Leases), where such default could reasonably be expected to result in a Material Adverse Effect.

  • Simultaneously, Buyer and Real Property Buyer shall and do hereby deposit with the Escrow Agent duly executed respective counterparts of each of the Data Center Leases and Office Lease, as well as each of the Parent Data Center Guaranties and the Parent Office Guaranty (each, a “Lease Escrow Document;” collectively, the “Lease Escrow Documents”) in escrow and upon such deposit the Purchase Price and the Lease Documents shall constitute Escrow Property.

  • Maintain and preserve all of its assets that are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear, tear, and casualty excepted and Permitted Dispositions excepted, and comply with the provisions of the Data Center Leases and, except for noncompliance that could not reasonably be expected to result in a Material Adverse Change, all other leases to which it is a party as lessee.

  • The lists of Customer Contracts, Data Center Leases and Rental Contracts-Non Buyout included in Disclosure Memorandum Schedule 4.9(a) are all the Company Contracts --------------- being assumed by the LLC from the Company.

  • InterCept, Shareholder and the Company -------------------- acknowledge that the Company operates its 10 data centers in the leased premises as set forth on Schedule 7.20 and that these leases (the "Data Center Leases") ------------- ------------------ shall be assigned to the LLC in the Asset Transfer and the obligations thereunder shall be Assumed Obligations.


More Definitions of Data Center Leases

Data Center Leases is defined in Section 7.20. ------------------
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Related to Data Center Leases

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

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

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

  • Data Center(s) means the site or sites at which the Software will be hosted to provide the Authorized Services to Customers. Such site or sites shall at all times be owned or controlled by the Provider.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.