Excluded Lease means a Lease listed on Exhibit B.
Excluded Lease has the meaning set forth in Section 9.1.
Excluded Lease means any lease or hire purchase contract which would, in accordance with GAAP in force prior to 1 January 2019, have been treated as an operating lease.
Examples of Excluded Lease in a sentence
On or prior to the Designation Deadline and pursuant to the terms of this Section 2.5, Purchaser shall designate each Lease a Purchased Lease, a Designee Lease or an Excluded Lease and shall designate each Contract a Purchased Contract, a Designee Contract or an Excluded Contract.
Prior to the Closing, at the sole cost and expense of the Shareholder, the Shareholder shall cause (a) the Company to assign and transfer to the Shareholder or one of its Affiliates (excluding the Company and its Subsidiaries) the Industrial Tract Lease Agreement, dated September 16, 1999, between Sonora Investments, L.L.C. and the Company, as -55- amended (the “Excluded Lease”, together with any assets remaining at the real property that is the subject of the Excluded Lease, the “Excluded Assets”).
More Definitions of Excluded Lease
Excluded Lease means a Lease (a) that has expired by its terms or that is scheduled to expire by its terms during the applicable Debt Service Coverage Period unless the tenant under such Lease has timely and properly notified Property Owner that it will renew or extend the term of such Lease, (b) that has a tenant or Lease guarantor that has filed a voluntary proceeding under the Bankruptcy Code, has consented to an involuntary proceeding under the Bankruptcy Code, is a debtor in an involuntary proceeding under the Bankruptcy Code that has not been dismissed within one hundred twenty (120) days of the filing of such involuntary proceeding, has made an assignment for the benefit of creditors or is the subject of a reorganization, receivership, composition or analogous proceeding that has not been dismissed within one hundred twenty (120) days after the initiation thereof (unless, in any such instance, in the case of a proceeding where the tenant is the debtor, the tenant has assumed the Lease and such assumption has been approved by order of the court in the proceeding that has become final by appeal or lapse of time for appeal and, if such tenant’s obligations under such Lease have been guaranteed, such guarantor has ratified and confirmed its guaranty), (c) that has a tenant that has vacated the applicable premises and such tenant does not maintain a credit rating for its long-term unsecured debt as established by Standard & Poors, a division of The MxXxxx-Xxxx Companies, Inc. of BBB- or better or (d) that has a tenant that is in monetary default or material non-monetary default beyond the expiration of any applicable curative period.
Excluded Lease means any Lease that is not an Assumed Lease.
Excluded Lease means (a) Leases of the Jusu Bar retail store locations including in Calgary, Alberta, namely Xxxxxxxxxx Xxxxx, Xxxxxxxxxx, Xxxxx Xxxxx, and Xxxxxxxxx; in Xxxx Xxxxxx, Alberta; in Victoria, British Columbia, namely Cadboro Bay, The Atrium, Chinatown, and Oak Bay; and in Vancouver, British Columbia, (b) Lease of the 2014 Ford Transit Connect Cargo Van with Tricor Lease & Finance Corp.; and (c) Lease of the 2015 Ford Transit Connect Cargo Van with Tricor Lease & Finance Corp.
Excluded Lease means a Lease listed by Purchaser as such on Schedule 2.5(a), as such schedule may be amended or modified from time to time in accordance with the terms hereof.
Excluded Lease means that certain Air Commercial Real Estate Association Standard Industrial/Commercial Single-Tenant Lease – Net, dated as of March 12, 2012, by and between Seller and the Company, as amended and restated, with respect to the Excluded Property.
Excluded Lease. Section 2.3(b) "FF&E" Second "WHEREAS" Clause "Non-Assumed Liabilities" Section 2.4 "GAAP" Section 3.11 "Lease Assignment and Assumption" Section 6.2 "Lease Cure Costs" Section 5.5.3(b) "Lessor's Consent" Section 5.5 "Lessor Fees" Section 5.5.3(c) "Non-Assumed Liabilities" Section 2.4 "Purchase Price" Section 2.1(a) "radius clause" Section 5.5.1 "Seller" Head Paragraph "Shared Costs" Section 5.5.3(c) "Stores" Second "WHEREAS" Clause "Store Lease" Section 3.5 "Store Premises" Section 3.5 "Transferred Assets" Section 1.1 "Transferred Lease" Section 1.2