Irvine Lease definition

Irvine Lease. That certain Lease Agreement dated as of May 21, 2002, between RII (CA) QRS 15-2, Inc., a Delaware corporation, as landlord, and XXXX North America, Inc., a Delaware corporation (as successor-in-interest), as tenant, as amended by that certain First Amendment to Lease Agreement dated as of July 12, 2007 and that certain Second Amendment to Lease Agreement, Release and Consent dated as of February 28, 2014, and assigned by XXXX North America, Inc. to and assumed by ATS, as tenant, pursuant to an Assignment and Assumption of Lease dated as of February 28, 2014, with respect to certain premises located in Irvine, California as those premises are more particularly described in such Irvine Lease.
Sample 1Sample 2
Irvine Lease has the meaning set forth in Section 1.3(j) hereof.
Sample 1
Irvine Lease means that certain Lease, dated March 8, 2012, by and between The Irvine Company LLC and the Company, as amended by that First Amendment to Lease, dated September 4, 2012, for the property commonly known as 22 Executive Park, Suites 100 and 110, Xxxxxx, XX 00000.
Sample 1

Examples of Irvine Lease in a sentence

  • To the knowledge of Seller, there is no Lien, covenant or other restriction applicable to the premises leased under the Irvine Lease which would reasonably be expected to impair the current use or occupancy by the Company or the Subsidiary of the premises subject thereto.

  • Pursuant to the terms of the New Irvine Lease, On June 15, 2019, WPT notified the landlord of its intention to exercise its option to reduce the leased space to approximately 15,000 square feet, and thereby reduce the initial base rent to $39,832 per month, increasing to $58,495 per month over the term of the lease.

  • None of Seller, the Company or the Subsidiary nor, to the knowledge of Seller, any other party thereto is in material breach or in default of the terms of the Irvine Lease, and no event has occurred, is pending or, to the knowledge of Seller, is threatened, which, after the giving of notice, with lapse of time, or otherwise, would constitute a material breach, violation or default by Seller, the Company or the Subsidiary or, to the knowledge of Seller, any other party thereto under the Irvine Lease.

  • The lease was not renewed and WPT plans to move its headquarters to a temporary location while construction is completed on a new lease that the Company entered on March 29, 2019 (see Note 14 – Subsequent Events).The Company’s aggregate rent expense related to the Germany Lease and the Irvine Lease amounted to $432,707 and $400,224 for the years ended December 31, 2018 and 2017, respectively, and is reflected in general and administrative expenses in the combined statements of operations.

  • Prior to Closing, the Parties will use their best endeavours to assign the Irvine Lease to Buyer on comparable terms to the existing Irvine Lease provided that nothing contained in this Agreement will require Buyer or any director of Buyer to provide any undertaking, guarantee or security to the relevant landlord other than as contemplated by the Irvine Lease, failing which the Parties will enter into a written sub-lease in respect of the Irvine Lease in a form mutually agreeable to the Parties.

  • Notwithstanding the fact that the remaining term of each of the Leases (exclusive of any unexercised extension options) is less than thirty (30) years, the Lenders consent to each of the Irvine Lease, the De La Plaza Lease and the Campus Pointe Lease constituting a “Ground Lease” within the Annex 6 to First Amendment definition set forth in the Credit Agreement, provided that each of the Leases meets all of the other requirements of constituting a Ground Lease.

  • The Irvine Lease calls for minimum monthly payments ranging between $25,101 and $29,563 during the rental term and expires in April 2019 with an option to extend for an additional 60 months at the market rate, as defined.

  • The Administrative Agent and Lenders expressly reserve the right to request estoppel or other certificates from the Landlord with respect to the rights of the Lenders under the Irvine Lease and to the Irvine Property subject thereto and the Loan Parties agree to cooperate and use commercially reasonable efforts to facilitate the acquisition of such estoppel certificates from the Landlord.

  • To the extent that the Irvine Lease has not been executed in full or is not in full force and effect at Closing, the Seller will continue to use commercially reasonable efforts to cooperate with and assist the Buyer in negotiating the Irvine Lease.

  • There is no condemnation, eminent domain or taking proceeding pending or, to the knowledge of Seller, threatened that affects the premises leased under the Irvine Lease.


More Definitions of Irvine Lease

Irvine Lease means the Lease Agreement, in substantially the form attached hereto as Exhibit A, to be entered into by Buyer and MelChris with respect to the Irvine Property as of the Closing Date.
Sample 1
Irvine Lease means the lease between Seller and Brin-Mar, LLC dated 29 March 1995, as amended by Amendment No.1 dated 31 January 1998, Amendment No.2 dated 30 December 1999 and Amendment No.3 dated 10 February 2005 in respect of the property located at Newport Gateway Tower I, Suite 1200, 00000 XxxXxxxxx Xxxxxxxxx, Xxxxxx, Xxxxxxxxxx 00000.
Sample 1
Irvine Lease shall have the meaning given to such term at Section 2.6.
Sample 1
Irvine Lease that certain Lease, dated November 6, 2014, by and between The Irvine Company LLC and the Company, as amended.
Sample 1
Irvine Lease. — means that certain Lease, dated March 8, 2012, by and between The Irvine Company LLC and the Company, as amended by that First Amendment to Lease, dated September 4, 2012, for the property commonly known as 22 Executive Park, Suites 100 and 110, Irvine, CA 92614.
Sample 1

Related to Irvine Lease

  • 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:

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

  • 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.

  • 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.

  • Site Lease or “Lease” means this Site Lease together with any duly authorized and executed amendment hereto under which the District leases the Site to the Lessee.

  • 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.

  • 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.

  • 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;

  • Lease Agreements shall have the meaning set forth in Section 3.14.

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

  • 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.

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.