Lease-Leaseback definition

Lease-Leaseback. ’ means an arrangement under which any property or asset is leased by BC Ferries or any Designated Subsidiary to some other person which (for consideration) leases or otherwise gives or grants the right to use such property or asset to BC Ferries or any Designated Subsidiary, regardless of the accounting treatment of such arrangement.
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Lease-Leaseback means a project delivery method under which the District leases real property it owns to a lease-leaseback entity and the lease-leaseback entity causes the construction of a facility the District desires on said real property and subleases the facility back to the District, with title to the facility vesting in the District at the end of the term of the sublease, as set forth in California Education Code §17406.
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Lease-Leaseback means a project delivery method under which the District leases real property it owns to a lease-leaseback entity and the lease-leaseback entity causes the construction of a facility the District desires on said real property and subleases the facility back to the District, with title to the facility vesting in the District at the end of the term of the sublease, as set forth in California Education Code § 17406.
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Examples of Lease-Leaseback in a sentence

  • The Contractor and the Owner shall maintain such damage and public liability insurance policies with respect to the Project and the Site as are required of them by the Lease-Leaseback Agreement.

  • Notwithstanding the Owner’s rights in the event of termination under this Section 7, Contractor shall retain the right to full compensation for all services rendered before the termination in accordance with the Lease-Leaseback Agreement and the Sublease.

  • Capitalized terms used in this Sublease that are not defined shall have the same meaning as in the Lease-Leaseback Agreement, General Conditions, or other Contract Documents.

  • Capitalized terms used in this Site Lease that are not defined shall have the same meaning as in the Lease-Leaseback Agreement, General Conditions, and other Contract Documents.

  • The cost of the acquisition, construction and installation of the tenant improvements defined as the Project and the Owner’s use of the Site under this Sublease is determined by the Total Sublease Amount as set forth in the Lease-Leaseback Agreement and Exhibit A of this Sublease.

  • This Sublease, the Site Lease, the Lease-Leaseback Agreement, and the Contract Documents that make up the “Contract” constitute the entire agreement between the Parties with respect to the Project, and it shall not be amended, altered, or changed except by a written agreement signed by both Parties.

  • Education Code section 17402 states that the District must have adopted the plans and specifications for the Project after approval of those documents by the Division of the State Architect (“DSA”), which must occur prior to entering into the Lease-Leaseback Agreements.

  • In the event Developer and District continue with the Lease-Leaseback Contract for the development of the Project, this compensation for services rendered will be included as part of the GMP to be paid to Developer by District.

  • The Total Base Rent as defined in Article IV of the Lease-Leaseback Agreement.

  • Following approval of the Plans and Specifications by the Division of the State Architect (“DSA”), completion of Developer’s Services under this Agreement, and the Parties’ agreement on the Guaranteed Maximum Price (“GMP”) for the Project, the Parties anticipate entering the Lease-Leaseback Contract.


More Definitions of Lease-Leaseback

Lease-Leaseback means an arrangement in which a private entity undertakes a public school construction project on property leased from, and subleased back to, an LEA on condition that the property leased from the LEA reverts to the LEA upon a date certain.]
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