Lease Administrator definition

Lease Administrator means ARL Lease Administrators LLC.
Lease Administrator means, individually and collectively, the Initial Lease Administrator and any New Lease Administrator, provided that upon and following the Issuer’s withdrawal as Tranche II Owner from the Initial Lease Administration Agreement, it shall mean only the New Lease Administrator.
Lease Administrator means ARL Lease Administrators LLC. “Lease Agreement” means any agreement to lease specific Units (as contrasted to a Master Lease Agreement) or a schedule to a Master Lease Agreement together with such Master Lease Agreement. “Lease Assignment and Assumption” means each Assignment and Assumption Agreement executed in accordance with the Contribution Agreement. “Lease Payment” means, with respect to any Lease Agreement, the minimum monthly or other periodic contractual payment payable by the related Lessee for the use of the related Equipment in accordance with the terms of such Lease Agreement. “Legal Requirement” means any treaty, convention, statute, law, regulation, ordinance, license, permit, governmental approval, injunction, judgment, order, consent decree or other requirement of any Governmental Authority with jurisdiction over the applicable Person or property. ‑22‑ “Lenders” means and includes the banks, financial institutions and other lenders from time to time party to this Agreement, as a “Lender” hereunder, including each assignee Lender pursuant to Section 10.9. “Lessee” means each of the lessees named in a Lease Agreement. “Lessee Concentration Excess” means the sum (without duplication) of (i) the aggregate amount by which the Adjusted Appraised Value of all Eligible Units subject to an Eligible Lease Agreement of each Lessee and its Affiliates (if any) exceeds the Lessee Concentration Limit applicable to such Lessee and (ii) the amount by which the aggregate Adjusted Appraised Value of all Eligible Units subject to an Eligible Lease Agreement with respect to all Lessees (or, in the case of any Eligible Lease Agreement that permits sub-leasing, all sub-lessees) and their respective Affiliates (if any) rated B+ or lower by S&P and/or B1 or lower by Moody’s exceeds 24.5% of the Aggregate Adjusted Equipment Value, provided, however, that if any Lessee merges, acquires, is acquired by, or is otherwise consolidated with a non-Affiliated Lessee, such newly consolidated Lessee shall be deemed to be separate Lessees, each with the rating assigned to such newly consolidated Lessee, for the purposes of determining the Lessee Concentration Excess; further provided, that no Lease Agreements with Preferred Sands of Genoa, LLC or any of its Affiliates (other than Eligible Lease Agreements with such Lessee owned by the Borrower as of the Closing Date) shall be Eligible Lease Agreements. “Lessee Concentration Limit” means, at any time, in relation to the ...

Examples of Lease Administrator in a sentence

  • Any notice, request or other communication to either party by the other will be given in writing and deemed received upon the earlier of actual receipt or three days after mailing if mailed postage prepaid by regular or airmail to Lessor (to the attention of "Lease Administrator") or Lessee, at the address set out in the Schedule or, one day after it is sent by courier or facsimile transmission if receipt is verified by the receiving party.

  • A copy of this Affirmative Action Program will be furnished to Lessee by the County’s Lease Administrator upon Lessee’s request.

  • The scope of said appraisal shall be prepared by Lease Administrator in accordance with its policies and reviewed and approved by Tenant, in its reasonable discretion.

  • Reports, Records and Notifications required under the DEQ Mining Permit that are sent or provided to the OGS Area Geologist shall also be sent or provided to the DNR Lease Administrator within the same timeframes.

  • Xxxxxx confirms that Xxxxxx's Lease Administrator has been given full operational responsibility for compliance with the terms of this Lease.


More Definitions of Lease Administrator

Lease Administrator means ARL Lease Administrators LLC, a limited liability company organized under the laws of the State of Delaware.
Lease Administrator or Lessee, at the address set out in the Schedule or, one day after it is sent by courier or facsimile transmission if receipt is verified by the receiving party.
Lease Administrator means NYCEDC or such other entity designated by Landlord pursuant to Section 41.21.
Lease Administrator means ARL Lease Administrators LLC, a Delaware limited liability company.
Lease Administrator means the Cabazon Economic Development Department.
Lease Administrator means ARI Lease Administrators, LLC, a Delaware limited liability company.
Lease Administrator means the third party lease administrator(s) designated by Tenet to provide leasing and property management services for Tenet’s medical office buildings