FF&E Lease definition

FF&E Lease means a lease of any FF&E, which lease is properly capitalized for financial accounting purposes.
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FF&E Lease means a lease of any property other than real property.
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FF&E Lease means a lease of any FF&E located in one or ---------- more Inns other than a TV System Lease, a Telephone Lease, a Computer Lease, or a lease of a motor vehicle used primarily for transporting Inn guests.
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Examples of FF&E Lease in a sentence

  • Seller shall obtain from (i) each tenant under any Lease affecting the Hotel (but not from current or prospective occupants of hotel rooms and suites within the Hotel) and (ii) each lessor under any FF&E Lease for the Hotel identified by Buyer as a material FF&E Lease, the estoppel certificates substantially in the forms provided by Buyer to Seller during the Review Period, and deliver to Buyer not less than five (5) days before the Closing.

  • Seller shall obtain from (i) each tenant under any Lease affecting the Hotel, if any, (but not from current or prospective occupants of hotel rooms and suites within the Hotel) and (ii) each lessor, if any, under any FF&E Lease for the Hotel identified by Buyer as a material FF&E Lease, the estoppel certificates substantially in the forms provided by Buyer to Seller, and deliver to Buyer not less than five (5) days before the Closing.

  • Seller shall obtain from (i) each tenant under any Lease affecting the Hotel (but not from current or prospective occupants of hotel rooms and suites within the Hotel) and (ii) each lessor under each FF&E Lease for the Hotel identified by Buyer as a material FF&E Lease, the estoppel certificates substantially in the forms provided by Buyer to Seller during the Review Period, and deliver to Buyer not less than five (5) days before the Closing.

  • Sellers shall obtain from (i) each tenant under any Lease affecting the Hotels (but not from current or prospective occupants of hotel rooms and suites within the Hotels) and (ii) each lessor under any FF&E Lease for the Hotels identified by Buyer as a material FF&E Lease, the estoppel certificates substantially in the forms provided by Buyer to Sellers during the Review Period, and deliver to Buyer not less than five (5) days before the Closing.

  • Seller shall use commercially reasonable efforts to obtain from (i) each tenant under any Lease affecting the Hotel (but not from current or prospective occupants of hotel rooms and suites within the Hotel) and (ii) each lessor under any FF&E Lease for the Hotel identified by Buyer as a material FF&E Lease, the estoppel certificates substantially in the forms provided by Buyer to Seller during the Review Period, and deliver to Buyer not less than five (5) days before the Closing.

  • Seller shall obtain from (i) each tenant under any Lease affecting the Hotel (but not from current or prospective occupants of hotel rooms and suites within the Hotel) and (ii) each lessor under any FF&E Lease for the Hotel identified by Buyer as a material FF&E Lease, the estoppel certificates substantially in the forms provided by Buyer to Seller, and deliver to Buyer not less than five (5) days before the Closing.

  • Seller shall use reasonable efforts to obtain from (i) each tenant under any Lease affecting the Hotel (but not from current or prospective occupants of hotel rooms and suites within the Hotel) and (ii) each lessor under any FF&E Lease for the Hotel identified by Buyer as a material FF&E Lease, the estoppel certificates (as to factual matters only) substantially in the forms provided by Buyer to Seller during the Review Period, and deliver to Buyer not less than five (5) days before the Closing.

  • Seller shall obtain from each lessor under each FF&E Lease for the Hotel identified by Buyer as a material FF&E Lease, the estoppel certificates substantially in the forms provided by Buyer to Seller during the Review Period and reasonably acceptable to Seller, and deliver such certificates to Buyer not less than five (5) days before the Closing.

  • With respect to the Maryland Property, the Partnership leases the Personal Property from the Maryland Partnership pursuant to the Maryland FF&E Lease.

  • Seller shall have terminated or released the Hotel from all of the Existing Marriott Agreements, at no cost or expense to Purchaser (except for Purchaser's obligation to reimburse Seller for the amount of the "Termination Fee" being paid by Seller under the terms of the FF&E Lease, as provided above), such that no such agreement shall be binding on Purchaser after the Closing.


More Definitions of FF&E Lease

FF&E Lease means one or more leases entered into by the Borrower giving rise to synthetic lease liabilities to one or more lessors (the "FF&E Lessors") covering a portion of the FF&E, the Specified Equipment and/or the Gaming Equipment.
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FF&E Lease means the Lease Agreement dated as of November 23, 1999, among the Company and certain of its Subsidiaries, as Lessees, and First Security Bank, National Association, as Owner Trustee, as Lessor, as the same may be modified and supplemented and in effect from time to time, and any other transaction entered into by the Obligors that is a lease of furniture, fixtures and equipment.
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FF&E Lease means (a) a lease (other than a TV System Lease, ---------- Telephone Lease or Computer Lease) to the Borrower or the Tenant of any FF&E that is customarily leased in the hotel industry in the United States and on payment terms (including amount and time of payment) not materially more favorable to the lessor thereof than payment terms customary in the hotel industry in the United States for similar leases, (b) one or more other leases (other than a TV System Lease, Telephone Lease, Computer Lease or lease described in clause (a)) of any FF&E, including without limitation any Capitalized Lease, the Borrower's or Tenant's payment Obligations under which do not exceed $2,000 per Hotel per Tenant Fiscal Year and $100,000 in the aggregate per Tenant Fiscal Year and (c) any lease (other than a TV System Lease, Telephone Lease, Computer Lease or lease described in clause (a) or clause (b)) to the Borrower or the Tenant of any other FF&E that is approved by the Agent.
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FF&E Lease means a separate lease with respect to each Campus wherein the Charter School leases furniture and equipment for such Campus from Zions.
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FF&E Lease means a lease of furniture, fixtures and equipment by and between Fernwood, Rockledge or a Subsidiary thereof, as lessor, and a Hotel Lessee, as lessee, substantially in the form of Exhibit 10.15 to the Crestline Registration Statement.
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FF&E Lease. That certain Lease Agreement dated May 22, 1998 between Manager, as lessor, and Seller's predecessor-in-title, Strategic Hotel Funding, L.L.C., as lessee, covering some or all of the Fixtures and Tangible Personal Property and Operating Equipment.
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Related to FF&E Lease

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • 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).

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

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

  • 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.