Lease 1 definition

Lease 1 means the leasehold agreement between the Academy Trust and Central Bedfordshire Council of Priory House, Monks Walk, Chicksands, Shefford, Bedfordshire SG17 5TQ as landlord for the 125 year lease of the land at part of Kingsland Campus (including for the avoidance of doubt all buildings, structures landscaping and other erections ) as shown edged red on the attached plan of this site at Annex D;
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Lease 1 the leasehold agreement or its equivalent between the Academy Trust and Warrington Borough Council (“the Landlord”) in respect of the Temporary Site;
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Lease 1 means the lease of the Temporary Site to be entered into between Harrow House International College on the one part and the Academy Trust on the other for a period of 17 weeks until 31 March 2014 (or such later date as may be mutually agreed between the parties in accordance with the terms of the lease);
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Examples of Lease 1 in a sentence

  • As the context may require in this Lease: (1) the singular shall mean the plural and vice versa; (2) all pronouns shall mean and include the person, entity, firm or corporation to which they relate; (3) the masculine shall mean the feminine and vice versa; (4) the term day(s) used throughout this Agreement shall be deemed to be calendar day(s) ending at 11:59 p.m. local time unless otherwise specified in this Agreement.

  • The lease terms available for an FMV Lease, $1 Buyout Lease and Straight Lease are 12, 18, 24, 36, 48, and 60 months.

  • Any and all remedies set forth in this Lease: (1) shall be in addition to any and all other remedies Landlord may have at law or in equity, (2) shall be cumulative, and (3) may be pursued successively or concurrently as Landlord may elect.

  • The Parties anticipate there will be the following three categories of improvements that the Resident Curator will make to the Leased Property pursuant to this Lease: (1) improvements required by the Curator Program ("Curator Program Improvements"), (2) Additional Non-Discretionary Improvements, and (3) Additional Discretionary Improvements.

  • A memorandum of the Lease shall be executed by Receiver and 43 Provider and recorded in the real property public records of the county in which the Site is located, as more 44 particularly described in the Lease.] 1 Receiver and Provider agree to cooperate to determine routing of collection system across Receiver's 2 property to the PCC.

  • Amendment of Section 5.09 of the Original Lease 1 ARTICLE II MISCELLANEOUS Section 2.01.

  • BRA/720/024 Counterpart Lease 1 Xxxxxxx Xxxx Xxxxxxx Xxxx 2 Xxxxxxxxx Xxxxxxxx 3 Xxxxxxx Xxxx Xx. 0, Xxxxxxx Xxxxx i.e., North side of Newport Alley, Newport Market.

  • New messuage erected on part of ground leased 11th July, 1723 1724-1725 E/PHI/447 Counterpart Lease 1.

  • The following events shall be deemed to be events of default by Tenant under this Lease: (1) Tenant shall fail to pay any installment of Fixed Minimum Rent or additional rent on the date that same is due and such failure shall continue for a period of five (5) days after Landlord delivers written notice to Tenant.

  • City Conditions Precedent: Developer will be required to satisfy the City’s standard conditions of closing, as well as the following conditions precedent, prior to the dates that will be set forth in the Schedule of Performance, as conditions precedent to City’s obligation to close escrow for the Lease: 1.


More Definitions of Lease 1

Lease 1 means the leasehold agreement or its equivalent between the Academy Trust and any third party (“the Landlord”) in respect of Temporary Site 1 upon which the Academy is situated;
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Lease 1 means the Lease dated 18th October 2004 and made between Surrey & Counties (Xxxxxx) Limited (1) and Digital Union UK Limited (2).
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Lease 1 and "Lease 2" in Section I of Exhibit I have been amended or extended, or that Lease I and Lease 2 will otherwise be maintained, in each case so that neither of such Leases will expire if a well is drilled on each of such Leases prior to November 1, 2006. Except as provided in the immediately preceding sentence of this Section 1.2, and notwithstanding any other provision of this Agreement [or the Lease Assignments], Farmors make no, and expressly disclaim any, representation or warranty, either expressed or implied, concerning their title to the Leases, except as to acts by, through or under Farmors. Within ten (10) days after the Effective Date, Farmors shall furnish to Chesapeake copies of the Leases and all title data and information (including, without limitation, land and title records, plats, surveys, abstracts of title, runsheets, title opinions, and title curative) relating to the Leases in the possession of Farmors as of the Effective Date. Thereafter, Farmors shall cooperate with Chesapeake in obtaining additional title curative as Chesapeake may reasonably request, but all additional abstracts of title, title opinions, title curative, and other title materials obtained by Chesapeake in connection with the Leases shall be at the sole cost, risk, liability, and expense of Chesapeake. Farmors warrant that they have the authority to execute this agreement and assignments, and that the leases are free of liens and encumbrances except as to the lessor's royalty.
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Lease 1 means the lease or other occupational agreement between the Academy Trust and a third party (the “Landlord”) under which the Academy Trust derives title to the Land.
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Lease 1. Paid Up Oil and Gas Xxxxx xxted July 25, 0011, from Iven A. Neal and Ruby Neal, as Trustees of the Iven A. Neal and Xxxx Xxxx Livinx Xxxxx, as Lessor, to Ricochet Xxxxxx, Xxx., as Xxxxxx, recorded by Memorandum of Paid Up Oil and Gas Lease in Volume 95, page 113, Official Public Records, Frio County, Texas, insofar as and only insofar as said lease covers 148.37 acres of land, more or less, out of the B.S.&F. Survey No. 3, A-112, Frio County, Texas, being the lands pooled ix xxx Xxxxxxxx Xxxxxx, Xxx. - Xxxx Trust No. 1H Unit as described in a Declaration of Unit datex Xctober 10, 2012, recorded in Volume 122, page 855, Official Records, Frio County, Texas.
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Related to Lease 1

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • 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.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

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

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

  • Leash means a leash, cord, chain, or other comparable material which must be of a gauge suitable for controlling said dog and shall not be longer than six feet.

  • 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).

  • 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.

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

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

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Lease Month means each calendar month during the Term (and if the Commencement Date does not occur on the first day of a calendar month, the period from the Commencement Date to the first day of the next calendar month shall be included in the first Lease Month for purposes of determining the duration of the Term and the monthly Basic Rent rate applicable for such partial month).

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • industrial premises means any place or premises (not being a private dwelling house), including the precincts thereof, in which or in any part of which any industry, trade, business, occupation or manufacturing is being ordinarily carried on with or without the aid of power and includes a godown attached thereto;

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • 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:

  • Urban renewal area means a slum area or a blighted area or a combination thereof which the municipality designates as appropriate for an urban renewal project.

  • 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.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • 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.