IRB Lease definition

IRB Lease means that certain Lease, dated as of the Issue Date of the Atchison IRB Bonds, by and between the City of Atchison, Kansas and MGPI Processing, as in effect on the Closing Date.
IRB Lease means any lease of an IRB Project.
IRB Lease means the Agreement of Lease, dated August 26, 2002, between IRB Issuer, as lessor, and Lead Borrower, as lessee, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced.

Examples of IRB Lease in a sentence

  • In addition, no Credit Party shall become a party to any agreement, note, indenture or instrument, or take any other action, which would prohibit the creation of a Lien on any of its properties or other assets in favor of Agent, on behalf of itself and Lenders, as additional collateral for the Obligations, except operating leases, Capital Leases (including the IRB Lease Agreement), the IRB Indenture, or Licenses which prohibit Liens upon the assets that are subject thereto.

  • For purposes of this Section 2.2, it shall not be unreasonable for Cargill to withhold approval if TAI's intended use may cause a default in the IRB Lease as defined in the Lease Agreement.

  • After the Effective Date, enter into any real property lease (other than an IRB Lease), including any renewal or modification of a lease relating to the Real Estate occupied by the Borrowers on the Effective Date, if the aggregate annual rental under all such leases of the Borrowers would exceed $460,000, without the prior written consent of the Agent, on behalf of the Lenders, which consent shall not be unreasonably withheld.

  • For purposes of this Section 2.2, it shall not be unreasonable for Cargill to withhold approval if TAI’s intended use may cause a default in the IRB Lease as defined in the Lease Agreement.

  • The capital structure of each Credit Party and the terms and conditions of all Indebtedness (including, without limitation, in respect of the Lebanon IRBs, the IRB Lease Agreement and the IRB Indenture) of each Credit Party shall be acceptable to Agent in its sole discretion.

  • After the Effective Date, enter into any real property lease (other than an IRB Lease), including any renewal or modification of a lease relating to the Real Estate occupied by the Borrowers on the Effective Date, if the aggregate annual rental under all such leases of the Borrowers would exceed $100,000, without the prior written consent of the Agent, on behalf of the Lenders, which consent shall not be unreasonably withheld.

  • It is not the intention of Landlord and Tenant to obligate Tenant to satisfy the bonds which are the subject of the IRB Lease.

  • Landlord and Tenant intended that the Lease be prior and superior to the Lease and Purchase Agreement dated as of December 1, 1995 (the "IRB Lease") between the City of Rio Rancho, New Mexico and Landlord (notwithstanding provisions in Section 31 of the Lease prohibiting Tenant from taking any action that would result in a violation of the IRB Lease, which prohibition is hereby specifically affirmed by Landlord and Tenant) and to survive any termination of the IRB Lease.

  • In addition, Tenant, at any time during the term of this Lease Agreement, shall permit reasonable inspection of the Toledo Facility during reasonable hours by the Toledo-Lucas County Port Authority, the IRB Lease Trustee, anx xx xxxxx xespective agents or representatives.

  • Pledgor shall not vote and shall not grant any consent, waiver or ratification or take any action with respect to the Bonds, the IRB Lease or the Indenture which would, in any material respect, violate or be inconsistent with any of the terms of the Credit Agreement, unless such action is approved by the Agent.


More Definitions of IRB Lease

IRB Lease has the meaning set forth in the definition of IRB Transactions.
IRB Lease means (i) the Lease Agreement dated as of July 1, 1998, by and between Xxxxxx County, Kansas and the Trust and (ii) the Sublease Agreement dated as of August 3, 1998, by and between the Trust and PMI, collectively.

Related to IRB Lease

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

  • 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.

  • 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).

  • 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;

  • 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.

  • 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 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.

  • 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.

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

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

  • 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.

  • 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.

  • 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.

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

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

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

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

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

  • Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

  • 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.

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

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

  • 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.

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