Estate for Years definition

Estate for Years means that the lessor is in a lease agreement that is non-renewable after the expiration of the original lease. T or F
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Estate for Years means that the lessor is agreeing to a lease that continues for a specific period of time. T or F
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Estate for Years means that the lessor is agreeing to a lease that continues for a
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Examples of Estate for Years in a sentence

  • The Parties hereby acknowledge and agree that, as between GDOT and SRTA, GDOT, in its capacity as (a) the fee simple owner of the Premises; (b) the grantor of the Estate for Years; and (c) SRTA’s Project Manager under this Agreement, shall retain liability, to the fullest extent permissible under applicable federal and State Environmental Laws (as defined in the Project Agreement), with respect to generator and arranger liability due to Pre-Existing Hazardous Materials.

  • Notwithstanding anything contained in the Estate for Years to the contrary, during the Term, GDOT and SRTA agree to cooperate, one with the other, to insure (or cause to be insured) the Project in accordance with the requirements of the Project Agreement or as otherwise permissible under the provisions of applicable State law.

  • In addition, nothing herein shall be construed as limiting GDOT’s rights as: (i) the fee simple owner of the Premises; (ii) the grantor of the Estate for Years; or (iii) SRTA’s Project Manager, to seek contribution or payment from (or otherwise take action against) the Developer or any other person or entity which may be responsible (in whole or in part) in respect of any such liability or responsibility.

  • Any State Proposed/State Acquired Right of Way and Developer Proposed/State Acquired Right of Way acquired by GDOT and Developer Proposed/Developer Acquired Right of Way acquired by the Developer (in the name of GDOT) shall be included within the Premises conveyed by GDOT to SRTA under the Estate for Years, and such additional conveyance shall be memorialized by an amendment, addendum or other supplement to the Estate for Years (which shall be recorded in the manner prescribed in such Estate for Years).


More Definitions of Estate for Years

Estate for Years means the estate for years owned by Owner in a particular Land Parcel, for a term expiring April 30, 2019.
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Estate for Years has the meaning given in the Recitals.
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Estate for Years has the meaning set forth in Recital C of the Agreement.
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Estate for Years has the meaning set forth in Recital C of the Agreement. Exhibits means all exhibits, riders, and other attachments to the DB Documents, including without limitation Volume 1, Volume 2, and Volume 3, as well as, any of the aforementioned, which are incorporated into any DB Documents by reference, and all amendments, modifications, and supplements thereto.
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Estate for Years means an estate for years in the Property, granted pursuant to deed by Lessee to Island Headquarters Operators LLC, dated as of the Effective Date, commencing on the Effective Date and expiring on the day immediately prededing the twenty seventh (27th) anniversary of the Effective Date, unless sooner terminated by operation of law or otherwise (the “Estate for Years Expiration Date”).
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Related to Estate for Years

  • Distribution Calendar Year means a calendar year for which a minimum distribution is required. The first Distribution Calendar Year is the calendar year immediately preceding the calendar year that contains the Participant’s Required Beginning Date and the last Distribution Calendar Year is the calendar year that contains the Participant’s date of death. The required minimum distribution for the Participant’s first Distribution Calendar Year shall be made on or before the Participant’s Required Beginning Date. The required minimum distribution for other Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’s Required Beginning Date occurs, shall be made on or before December 31 of that Distribution Calendar Year.

  • Graduates Available for Employment means the number of graduates minus the number of graduates unavailable for employment.

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Graduates Unavailable for Employment means the graduates who, after graduation, die, become incarcerated, are called to active military duty, are international students that leave the United States or do not have a visa allowing employment in the United States, or are continuing their education in an accredited or bureau-approved postsecondary institution.

  • Limitation Year means the Plan Year.

  • Erroneously Awarded Compensation means, with respect to each Executive Officer in connection with an Accounting Restatement, the amount of Clawback Eligible Incentive Compensation that exceeds the amount of Incentive-based Compensation that otherwise would have been Received had it been determined based on the restated amounts, computed without regard to any taxes paid.