HQ Lease definition

HQ Lease means the real property lease entered into on October 27, 2015 (as the same may be amended from time to time in accordance with Section 5.24 hereof), by Avid with Lexington Realty Partners or one of its Affiliates for Avid’s headquarters’ location at the Music Factory in Charlotte, North Carolina.
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HQ Lease means, collectively, the two leases between Tueffs Limited Partnership and InfuSystem, Inc., as amended, for office space and warehouse space in Madison Heights, Michigan with a term from July 1, 2002 to June 30, 2007, in each case as extended to June 30, 2008 by amendment executed by Tueffs Limited Partnership on July 2, 2007.
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HQ Lease shall have the meaning set forth in the Preamble.
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Examples of HQ Lease in a sentence

  • The Company elected the practical expedient provided under ASC 842 and therefore combined all lease and non-lease components when determining the right-of- use asset and lease liability for the HQ Lease.

  • The Company is amortizing the tenant allowance to offset rent expenses over the term of the HQ Lease starting at the lease commencement date on a straight-line basis.

  • The HQ Lease has escalating rent payments and the Company records rent expense on a straight-line basis over the term of the HQ Lease, including any rent-free periods.

  • In connection with the execution of the HQ Lease, the Company was required to provide the landlord with a letter of credit in the amount of $3.1 million that will expire 95 days after expiration or early termination of the HQ Lease.

  • The Company determined that, for purposes of applying the lease accounting guidance codified in ASU No. 2016-02, Leases (Topic 842) (“ASC 842”), the commencement date of the HQ Lease occurred on May 1, 2019.

  • The term of the HQ Lease began on December 29, 2012 and, following our exercise of a renewal option, expires on December 31, 2022.

  • In connection with the execution of the HQ Lease, the Company was required to provide the landlord with a letter of credit in the amount of $3.1 million (See Note 7).

  • As provided in the Standstill Agreement, Arcapita Bank and the AHQ Cayman I Investors continue to negotiate a long-term resolution of the issues between Arcapita Bank and the AHQ Cayman I Investors related to the Sale-Leaseback Transaction and the HQ Lease, including the amount and treatment of deferred rent and future rent.

  • For purposes of treatment under the Plan, the HQ Lease is an unexpired lease under section 365 of the Bankruptcy Code.

  • Pursuant to that resolution and in exchange for the treatment afforded to its creditors under the Plan, AIHL agrees, among other things, to waive its share of any administrative claim against Arcapita Bank under the HQ Lease and to support any assumption or rejection treatment of the HQ Lease that Arcapita Bank reaches with the AHQ Cayman I Investors.


More Definitions of HQ Lease

HQ Lease means that certain Lea se, as amended, between the Commission and 1300 Lexington Partners, LLC and dated August 30, 2007, related to the HQ Facility.
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HQ Lease means the lease agreement relating to the HQ Real Property Assets between AHQ and Arcapita Bank dated 15 December 2009 as amended by an amendment agreement dated 9 June 2010 and as amended and restated by an amendment and restatement agreement dated 22 December 2010;
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HQ Lease means that certain Office Building Lease dated as of March 1, 2006, as amended, by and between Tustin Center Tower LLC, as landlord and XXXX (formerly known as Triple Net Properties, LLC), as tenant.
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HQ Lease means that certain Commercial Lease Agreement With -------- Option To Renew and Right of First Refusal, dated as of July 1, 1999, by and between Xxxxxx Investments II, LLC and StaffMark, Inc.
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HQ Lease means that certain Office Lease, dated as of October 31, 2017, by and between The Xxxxxx Research and Development Corporation, as landlord, and Holdings, as tenant, as amended, restated, amended and restated, supplemented or other modified from time to time.
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HQ Lease means that certain Lease Agreement by and between the KEW Consulting, LLC and the Company dated as of December 19, 2016, as amended by the Lease Amendment.
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Related to HQ Lease

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

  • 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 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.

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

  • 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.

  • 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.

  • 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.

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • 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.

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

  • 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 space in a structure, land, improvements or premises for any period of time.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.