FILOT Lease definition

FILOT Lease means the Lease Agreement dated March 1, 2000 by and between the County and Facility Lessee, together with the Inducement Agreement.
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FILOT Lease means, collectively, (i) the lease agreement to be entered into on or before the date of closing between Charleston County, South Carolina and KapStone Charleston Kraft LLC and (ii) the lease agreement to be entered into on or before the date of closing between Charleston County, South Carolina and Cogen South LLC.
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FILOT Lease means, collectively, (i) the amended and restated lease agreement dated as of July 1, 2008 between Charleston County, South Carolina and KapStone Charleston Kraft LLC and (ii) the amended and restated lease agreement dated as of July 1, 2008 between Charleston County, South Carolina and KapStone Charleston Kraft LLC (successor by assignment from Cogen South LLC).
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Examples of FILOT Lease in a sentence

  • The Guarantor and its Consolidated Subsidiaries do not have any material liabilities, direct or contingent, except (a) as are disclosed in such financial statements or (b) as arise under the Operative Documents or the FILOT Lease.

  • The Facility Lessee shall not assign any of its rights or obligations except as permitted by the Operative Documents and the FILOT Lease.

  • Such arrangements will provide for fair market value compensation to Calpine (payable periodically on no more frequently than a monthly and no less frequently than on a quarterly basis) and will terminate upon the later of the expiration or termination of the FILOT Lease or the Springing Facility Site Lease, or earlier at the option of the Owner Lessor.

  • The Facility Lessee shall not use, or permit to be used, the Facility Site for any purpose other than for the operation and maintenance of the Facility, except as otherwise required or permitted under the Operative Documents and/or the FILOT Lease.

  • The FILOT Lease is in full force and effect and neither the Facility Lease nor, to the Actual Knowledge of the Facility Lessee, the County is in default thereunder; all of the rights, title and interest of the Facility Lessee, in, to and under the FILOT Lease assigned pursuant to the Assignment Agreement have been transferred free and clear of any and all Liens other than Permitted Liens.

  • The Guarantor acknowledges that an executed (or conformed) copy of the Participation Agreement, the Facility Lease, the other Operative Documents and the FILOT Lease have been made available to its principal executive officers and such officers are familiar with the contents thereof.

  • All conditions required to have been satisfied by on or before the Closing Date under the Operative Documents and the FILOT Lease shall have been satisfied or waived and the Owner Participant shall be satisfied that the Facility shall be in the condition described in the Closing Appraisal.

  • The Facility and the Facility Site have available all services of public utilities necessary for use and operation of the Facility as currently being used and as contemplated by the applicable Operative Documents and the FILOT Lease, except where the failure to have any such services or public utilities available would not result in a material adverse effect with respect to the Facility.

  • The Owner Participant will cooperate with and assist the Facility Lessee in connection with any refinancing and/or assumption of the Lease Debt, so long as such refinancing and/or assumption of the Lease Debt is in accordance with the terms of the Operative Documents and the FILOT Lease.

  • The parties hereto agree that the independent public accounting firm's sole responsibility shall be to verify the computation of any payment pursuant to this Section 9.2 and that matters of interpretation of this Participation Agreement or any other Operative Document or the FILOT Lease are not within the scope of the independent accountant's responsibility.


More Definitions of FILOT Lease

FILOT Lease means that certain Lease Purchase Agreement dated December 31, 2000 between Dorchester County, South Carolina and Seller, as the same may be amended or modified from time to time.
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Related to FILOT Lease

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • 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.

  • 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:

  • 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.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

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

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

  • 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.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • 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.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Financeable Ground Lease means, a ground lease reasonably satisfactory to the Administrative Agent on behalf of the Lenders, which must provide customary protections for a potential leasehold mortgagee (“Mortgagee”) such as (i) a remaining term, including any optional extension terms exercisable unilaterally by the tenant, of no less than 25 years, (ii) a provision that the ground lease will not be terminated until the Mortgagee has received notice of a default, has had a reasonable opportunity to cure and has failed to do so, (iii) provision for a new lease to the Mortgagee as tenant on the same terms if the ground lease is terminated for any reason, (iv) transferability of the tenant’s interest under the ground lease by the Mortgagee without any requirement for consent of the ground lessor unless based on delivery of customary assignment and assumption agreements from the transferor and transferee, (v) the ability of the tenant to mortgage tenant’s interest under the ground lease without any requirement for consent of the ground lessor and (vi) provisions that the tenant under the ground lease (or the leasehold mortgagee) has customary protections with respect to the application of insurance proceeds or condemnation awards attributable to the tenant’s interest under the ground lease and related improvements.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any real property for any period of time.

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

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

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

  • Net Lease means a lease in which the tenant undertakes to pay all or substantially all the cash expenses, excluding debt service, related to the leased property.

  • Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.

  • Material Lease has the meaning set forth in Section 3.17(a).

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

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.