Employee Lease definition

Employee Lease means that certain Employee Lease Agreement, dated as of February 29, 2008, by and between HRHI and Gaming Borrower, as the same hereafter may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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Employee Lease means that certain agreement, dated December 3, 2004, between Seller and the P.F. Laboratories, Inc., a New Jersey corporation, relating to the lease by Seller of unionized employees at the Totowa Property.
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Employee Lease means the Employee Lease, dated as of January 8, 2004, by and among Seller, Seller Parent, Aristar Management, Purchaser and CitiFinancial Inc.
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Examples of Employee Lease in a sentence

  • Under that certain Visteon Hourly Employee Lease Agreement, dated October 1, 2005, by and between Visteon Corporation and ACH (the “Hourly Employee Lease Agreement”), ACH’s pension-related payment obligation with respect to the UAW Plan participants is equal to a portion of Visteon Corporation’s reported accounting expense and not the actual funding contributions to the UAW Plan.

  • Under that certain Visteon Salaried Employee Lease Agreement, dated October 1, 2005, by and between Visteon Corporation and ACH (the “Salaried Employee Lease Agreement”), ACH pays Visteon Corporation on a monthly basis an amount that is intended to reflect Visteon Corporation’s liability for providing pension benefits to ACH employees.

  • Visteon Salaried Employee Lease Agreement (Rawsonville/Sterling), dated as of October 1, 2005, between Visteon and Ford is incorporated herein by reference to Exhibit 10.8 to the Current Report on Form 8-K of Visteon dated October 6, 2005.

  • Visteon Salaried Employee Lease Agreement, effective as of October 1, 2005, between Visteon and Automotive Components Holdings, LLC is incorporated herein by reference to Exhibit 10.3 to the Current Report on Form 8-K of Visteon dated October 6, 2005.

  • Amendment to Salaried Employee Lease Agreement and Payment Acceleration Agreement, dated as of March 30, 2006, among Visteon, Ford Motor Company and Automotive Components Holdings, LLC is incorporated herein by reference to Exhibit 10.46.1 to the Quarterly Report on Form 10-Q of Visteon dated May 10, 2006.

  • Visteon Hourly Employee Lease Agreement, effective as of October 1, 2005, between Visteon and Automotive Components Holdings, LLC is incorporated herein by reference to Exhibit 10.2 to the Current Report on Form 8-K of Visteon dated October 6, 2005.

  • Old Business • Employee Lease Agreement Update o Finance committee met with attorney, who recommended changes.

  • Purchaser acknowledges and agrees that all Employees at the Non-Occupied Properties shall vacate the Non-Occupied Properties from and after the day immediately following the expiration of the Employee Lease Term and Purchaser shall cause such Employees’ job location to either be a home-office or an alternative real estate solution other than the Non-Occupied Properties.

  • Purchaser shall have offered employment to the employees who are currently subject to the Employee Lease Agreement and a sufficient number of such employees shall have accepted employment with Purchaser to enable Purchaser to lawfully operate the Facility after Closing and such offer and acceptance of employment shall have been at no cost to Purchaser or the Corporation under the terms of the Employee Lease Agreement.

  • In consideration for the provision of the Leased Employees, the New Operator shall directly pay, or otherwise reimburse the Transferor an amount equal to, the full costs of such compensation and benefits paid to the Leased Employees by the Transferor during the Employee Lease Period on or before the date that is two (2) business days prior to the date on which the Transferor funds such compensation and benefits, except as otherwise provided herein.


More Definitions of Employee Lease

Employee Lease set forth in Section 1.1 of the Loan Agreement is hereby deleted in its entirety, and replaced with the following:
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Employee Lease means that certain Amended and Restated Employee Lease Agreement, dated as of January 30, 2012, by and between Gaming Senior Mezz and Gaming Operations Borrower (through its predecessor-in-interest LVHR Casino, Inc., a Nevada corporation), as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.”
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Employee Lease means an Employee Lease between the Buyer and the Seller and dated as of the Closing Date in the form attached hereto as Exhibit E. --------- In addition, Exhibit E of the Agreement will be deleted and a new Exhibit E --------- --------- containing a form of Employee Lease will be substituted therefor in the form attached hereto as Exhibit E. ---------
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Employee Lease means that certain Employee Lease Agreement, dated as of the date hereof, by and between Hotel/Casino Borrower and LVHR, as the same hereafter may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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Employee Lease has the meaning given to it in Section 7.3.1(a). “Employee Transition Period” has the meaning given to it in Section 7.3.1(a).
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Related to Employee Lease

  • 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.

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

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

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

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • 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.

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

  • 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).

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

  • 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.

  • 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:

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

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

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

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

  • 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.

  • 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;

  • 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.

  • 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.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

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

  • Assumed Leases has the meaning set forth in Section 2.6(b).

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

  • 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.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Eligible Ground Lease means a ground lease containing terms and conditions customarily required by mortgagees making a loan secured by the interest of the holder of the leasehold estate demised pursuant to a ground lease, and shall include the following: (a) a remaining term (exclusive of any unexercised extension options) of 30 years or more from the date the applicable Property first becomes an Eligible Property; (b) the right of the lessee to mortgage and encumber its interest in the leased property without the consent of the lessor; (c) the obligation of the lessor to give the holder of any mortgage Lien on such leased property written notice of any defaults on the part of the lessee and agreement of such lessor that such lease will not be terminated until such holder has had a reasonable opportunity to cure or complete foreclosures, and fails to do so; (d) reasonable transferability of the lessee’s interest under such lease, including ability to sublease; and (e) clearly determinable rental payment terms which in no event contain profit participation rights.