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 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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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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Examples of Employee Lease in a sentence

  • 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.

  • Without limiting the foregoing, Purchaser hereby acknowledges and agrees that if the Employee Lease Term extends past Lessee’s regularly scheduled long-term incentive grant date in the first quarter of calendar year 2018, Purchaser shall, during the first “open window” trading period following the expiration of the Employee Lease Term, grant an award to each Transferred Employee who is eligible to earn a long-term incentive award for calendar year 2018.

  • Notwithstanding the foregoing, the Liabilities of Seller or any of its Affiliates relating to the Business Employee Benefit Plans and the Assigned Lease shall not be assumed or assigned to Purchaser until the termination of the Employee Lease Term, after which time Purchaser shall (with respect to the Assigned Lease, subject to the terms of Section 2.08(d)) assume, satisfy and discharge when due, any and all Liabilities of Seller or any of its Affiliates thereunder.

  • Except as otherwise provided herein or in the Employee Lease Agreements, the Operating Member, acting through the General Manager, shall have the authority to (A) hire, transfer or discharge, or to cause the hiring, transfer or discharge of, employees assigned to Operations, (B) establish the terms of their employment and their wages, salaries and benefits, (C) direct them as to their obligations and duties and (D) supervise them in the performance of their jobs.

  • If the foregoing conditions to the effectiveness of the counterparts to the Portland Location Assignment Agreement or any such Sublease are not satisfied, then, upon the expiration or termination of the Employee Lease Term, the applicable agreement to which such counterparts relate shall be deemed not to have been executed by the parties thereto and shall be void and have no force or effect.

  • Each Prospective Employee who does not reject an offer of employment with Buyer shall become an employee of Buyer on the last day of the employee leasing period, if any, with respect to such Prospective Employee, in the Employee Lease (the "Lease Period"), and shall be referred to herein as a "Transferred Employee".

  • Buyer shall reimburse the Selling Companies pursuant to the Employee Lease for the Lease Time Off Cash as part of the Base Fee (as defined in Section 3.1(a) of the Employee Lease).

  • The Corporation has no ERISA, employee benefit plan, wage or vacation, holiday, sick pay or severance pay obligations it being understood and agreed that the Corporation's only economic obligation with respect to the employees of the Facility is to make the payments due to Human Resources One under the terms of the Employee Lease Agreement.

  • 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.

  • 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.


More Definitions of Employee Lease

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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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 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 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 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.”
Sample 1

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.

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

  • 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 has the meaning set forth in Section 3.14(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 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.

  • 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 means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

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

  • 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 means the Leases identified on Schedule 3.7(a) to be assumed or subleased by Buyer or a Buyer Designee pursuant to a Lease Assignment or Sublease as designated on Schedule 3.7(a).

  • 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.

Most Referenced Clauses

Most Referenced Definitions