Facility Sublessee definition

Facility Sublessee means any Person which shall have become a sublessee of the Facility from the Facility Lessee in accordance with the Facility Lease.
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Facility Sublessee means Midwest or any other Person which shall have become a sublessee of the Facility from the Facility Lessee in accordance with the Facility Lease.
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Facility Sublessee means Oglethorpe as lessee of the Undivided Interest under the Facility Sublease.
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Examples of Facility Sublessee in a sentence

  • In the event of a temporary taking of less than all or substantially all of any Facility, Sublessee shall be entitled to receive and retain any and all awards for the temporary taking and the Rent due under this Sublease shall be not be abated during the period of such temporary taking.

  • Each Option Facility is (a) being sublet by the applicable Option Facility Sublessor to the applicable Option Facility Sublessee pursuant to the applicable Option Facility Sublease and (b) subject to a purchase option (each such option, a “Purchase Option”) in favor of the applicable Option Facility Sublessor pursuant to the terms provided in each Option Facility Lease or separate Option Agreement.

  • The Owner Lessor hereby irrevocably waives any and all rights of set-off that it may have in connection with this Indenture or the Lessor Notes against any Holder, the Facility Lessee (other than as expressly provided in the Facility Lease), the Facility Sublessee or any other Person by reason of Requirements of Law or otherwise.

  • All Personal Property that Lessee or a Facility Sublessee owns and uses, as of the date of this Lease, in connection with the operation of the Leased Property being leased pursuant to this Lease, but that has not been conveyed to Lessor pursuant to the Purchase Agreement, and all Personal Property that Lessee or a Facility Sublessee acquires after the Commencement Date for use by it in connection with the Leased Property being leased pursuant to this Lease.

  • On or before March 1 of each year (commencing March 1, 1998) and on the expiration of the Facility Sublease Term, the Facility Sublessee shall furnish to the Facility Sublessor a report stating the total cost of all Modifications and describing separately and in reasonable detail each Modification having a value in excess of $5,000,000 made during the period from the Closing Date to December 31, 1997 for the first report and annually thereafter based on a calendar year period for subsequent reports.

  • The Facility Lessee shall be discharged from performance under the Facility Lease to the extent of performance by the Facility Sublessee under the Facility Sublease.

  • To the extent permitted by Applicable Law, the Facility Sublessee hereby waives any rights now or hereafter conferred by statute or otherwise which may require the Facility Sublessor to sell, lease or otherwise use the Undivided Interest or any Component thereof in mitigation of Facility Sublessor's damages as set forth in this Section 17 or which may otherwise limit or modify any of Facility Sublessor's rights and remedies in this Section 17.

  • The Facility Sublessee and the Facility Sublessor agree that Sublease Basic Rent (including Sublease Basic Rent for the Renewal Term, if any), Sublease Termination Values and Equity Exposure Amounts shall be adjusted, either upwards or downwards, to reflect adjustments in Basic Rent payable under the Facility Lease.

  • The obligations of the Facility Sublessee set forth in this Section 5.3 shall survive the termination of this Facility Sublease and the expiration of the Facility Sublease Term.

  • The Facility Sublessee shall pay to the Owner Participant an indemnity with respect to any Loss pursuant to Section 4 of this Agreement in the amount determined in accordance with this Section 5.


More Definitions of Facility Sublessee

Facility Sublessee. The sublessee of a Facility pursuant to a Facility Sublease.
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Related to Facility Sublessee

  • 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.

  • Permitted Sublessee means the sublessee under a Permitted Sublease.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • 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:

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • 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.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • Non-Extended Facility has the meaning assigned to such term in Section 3.6(d).

  • Required Facility Lenders means, as of any date of determination, with respect to one or more Facilities, Lenders having more than 50% of the sum of (a) the Total Outstandings under such Facility or Facilities and (b) the aggregate unused Commitments under such Facility or Facilities; provided that the unused Commitments of, and the portion of the Total Outstandings under such Facility or Facilities held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of the Required Facility Lenders.

  • Permitted Sublease means a sublease permitted under Section 7.2.7 of the Lease.

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).

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

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Child-occupied facility means a building or portion of a building constructed prior to 1978, visited regularly by the same child, age six years or younger on at least two different days within any week (Sunday through Saturday period), provided that each day’s visit lasts at least three hours and the combined weekly visit lasts at least six hours, and the combined annual visits last at least 60 hours. Child-occupied facilities may include, but are not limited to, day-care centers, preschools and kindergarten classrooms.

  • Qualified buildings means construction of new structures,

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or

  • waste disposal facility means an individual or entity that has been issued a medical marijuana waste disposal facility license by the Department to dispose of medical marijuana waste as authorized in Oklahoma law and these Rules.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.