Land Leases definition

Land Leases refers to the leases of the land identified on Exhibit C hereto.

Land Leases shall have the meaning ascribed thereto in Section 10.3(d) hereof.

Land Leases means any lease for the Project issued pursuant to the Territorial Lands Act; and includes any renewal, amendment or replacement thereof.

Examples of Land Leases in a sentence

• Seller has good and marketable title to the Properties (other than the land leased to Seller pursuant to the Land Leases), subject only to the Tenant Leases, Permitted Exceptions, and those liens and encumbrances which will be released at Closing.

• No consents and permissions are required to be obtained by Seller for the execution and performance of this Agreement and the other documents to be executed by Seller hereunder; provided, however, that sale of the Properties to Purchaser by Seller requires (i) the consent of the lessors under the Land Leases; (ii) the consent of the franchisors and sub-franchisors under the Franchise Agreements; and (iii) the approval of the limited partners of Seller.

• Purchaser shall receive full possession of the Properties at Closing, subject only to the Land Leases, Tenant Leases, Permitted Exceptions, Service Contracts, Franchise Agreements, and Equipment Leases.

• Subject to the provisions of Section 6(8) hereof, any amounts prepaid or payable under any Franchise Agreement, Land Leases, Service Contract, or Equipment Lease shall be prorated at the Closing as of the Closing Date with Seller obligated for all sums accrued prior to 12:01 a.m. on the Closing Date and Purchaser obligated for all sums accrued after 12:01 a.m. on the Closing Date.

• Exhibit C lists for the Properties the Land Leases applicable to the Properties.

More Definitions of Land Leases

Land Leases refers to the Seller Land Leases and the Partnership Land Leases.

Land Leases means the land and ground lease agreements whereby Seller is the lessee of the Leased Real Property, which are more particularly described on Exhibit "E" attached hereto. -----------

Land Leases has the meaning set forth in Section 6.14(b).

Land Leases means any lease, license, permit or other agreement described in Schedule 3.4(c) attached hereto or pursuant to which Sellers lease or utilize any of the Sites.

Land Leases means, collectively, the Phase I & II Land Lease and the Phase III Land Lease.

Land Leases is defined in the Recitals.

Land Leases means the leases of real property entered into between the Company and Persons other than HMGN, as set forth in Schedule 3.1(e) of the General Conditions.