Existing Facility Lease definition

Existing Facility Lease means the Lease-Purchase Agreement dated as of June 1, 1997, as supplemented and amended by the First Supple- mental Lease-Purchase Agreement dated as of September 15, 1999, the Second Supplemental Lease Pur- chase Agreement dated as of De- cember 1, 2001, and the Amended and Restated Third Supplemental Lease-Purchase Agreement dated as of October 1, 2007.
Sample 1Sample 2
Existing Facility Lease means the Lease-Purchase Agreement dated as of June 1, 1997, as supplemented and amended by the First Supplemental Lease-Purchase Agreement dated as of September 15, 1999, the Second Supplemental Lease Purchase Agreement dated as of December 1, 2001, the Amended and Restated Third Supplemental Lease-Purchase Agreement dated as of October 1, 2007, the Fourth Supplemental Lease-Purchase Agreement dated May 29, 2008, the Fifth Supplemental Lease-Purchase Agreement dated as of April 1, 2010, and the Sixth Supplemental Lease- Purchase Agreement dated as of March 20, 2018, each between the Authority, as lessor, and the City, as lessee.
Sample 1Sample 2
Existing Facility Lease means the Lease-Purchase Agreement dated as of June 1, 1997, as supple- mented and amended by the First Supplemental Lease-Purchase Agree- ment dated as of September 15, 1999, the Second Supplemental Lease Pur- chase Agreement dated as of Decem- ber 1, 2001, the Amended and Restat- ed Third Supplemental Lease-Pur- chase Agreement dated as of Octo- ber 1, 2007, the Fourth Supplemental
Sample 1

Examples of Existing Facility Lease in a sentence

  • The Company shall not enter into or permit any amendment to the Existing Facility Lease without the prior, written consent of the Credit Provider.

  • Such Existing Facility Lease is in full force and effect and, except as disclosed on Schedule 3.10(b), there are no ---------------- existing defaults or events of default, real or claimed, or events which with notice or lapse of time or both would constitute defaults.

  • Upon the effectiveness of the New Facility Lease Agreement and the commencement of the payment of fixed monthly rent thereunder, Landlord and Tenant shall execute and deliver such instruments as necessary to terminate the Existing Facility Lease.

  • Title to the Property and the Existing Hospital Facility to be reconveyed to the Tenant (or its designee) shall be the same as the date upon which Landlord originally took title to the Property, except for such easements, restrictions or other title matters or allowed to be created and/or to exist under the Existing Facility Lease or as may otherwise have been mutually agreed upon by the Landlord and Tenant.

  • Throughout the Term the Company shall pay all rentals or other amounts due, and shall comply with each and every term and requirement imposed, under the Existing Facility Lease.

  • On page 11 of the Application, FEI states: At the end of the Existing Facility Lease, FEI must reacquire the LNG Storage Facility.

  • The Existing Facility Lease is free and clear of any mortgages or liens and is not subject to any deeds of trust, assignments, subleases, or rights of any third parties other than the lessor thereof.

  • Title to the Property and the Existing Hospital Facility to be reconveyed to the Tenant or its designee, as applicable, shall be the same as on the date upon which the Landlord originally took title to the Property, except for such easements, restrictions or other title matters allowed to be created and/or allowed to exist under the terms of the Existing Facility Lease or as may otherwise have been mutually agreed upon by the Landlord and the Tenant.

  • Title to the Property and the Existing Hospital Facility to be reconveyed to the Tenant or its designee, as applicable, shall be the same as on the date upon which Landlord originally took title to the Property and the Existing Hospital Facility, except fort such easements, restrictions or other title matters allowed to be created and/or to exist under the Existing Facility Lease or as may otherwise have been mutually agreed upon by Landlord and Tenant.

  • Under these circumstances, the Tenant shall continue to occupy and use the Existing Hospital Facility in accordance with the terms of the Existing Facility Lease, including during any applicable extension terms.


More Definitions of Existing Facility Lease

Existing Facility Lease means the lease agreement, dated October 1, 1997, between the Alabama State Docks Department and the Company’s predecessor in interest.
Sample 1
Existing Facility Lease shall refer to the lease for the ----------------------- Company's facility between the Company and RAM Enterprises dated April 1, 1995.
Sample 1

Related to Existing Facility Lease

  • 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.

  • Facility Leases means all of the leases of Facilities listed on Schedule 3.7 of the Disclosure Schedules.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

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

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

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

  • 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 Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • 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:

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • 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).

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • 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.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

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

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

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

  • Master Lease This Schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CHEMDEX CORPORATION COMDISCO, INC. AS LESSEE AS LESSOR By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx ------------------- --------------------- Title: CEO Title: SR VP ----------------- ------------------- Date: Date: ----------------- ------------------- EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Approved Lease has the meaning set forth in Section 6.11(a).

  • Lease Documents has the meaning set forth in the Basic Servicing Agreement; provided that such definition shall refer only to lease documents related to Leases allocated to the 20[●]-[●] Lease SUBI.

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

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