Lease Termination means the process by which an Eligible Lessee may have the
Lease Termination is defined in Section 2.1.
Lease Termination means any event, which by voluntary or involuntary act or by operation of law, causes the Lease to be terminated, cancelled, rejected in bankruptcy, insolvency, reorganization or other such proceedings, foreclosed against, or otherwise come to an end, including but not limited to: (i) a default by Tenant under the Lease of any of the terms or provisions thereof; (ii) foreclosure proceedings brought by the holder of any mortgage or trust deed to which the Lease is subject, or (iii) the termination of Tenant’s leasehold estate by dispossession proceedings or otherwise.
Examples of Lease Termination in a sentence
In addition, LESSEE and LESSOR will execute a Lease Termination for filing with the FAA evidencing termination of this Lease.
The availability of an Approved Emissions Modification, an Emissions Compliant Recall, or the Buyback, Lease Termination, and Owner/Lessee Payment Program.
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Such Seller has not received any Lease Termination Payments as of the date hereof, except as set forth on Schedule 3.2(c)(iii) attached hereto.
The written offer must specify the Lease Termination Date as the closing date.
More Definitions of Lease Termination
Lease Termination has the meaning specified in 14.2.1(i).
Lease Termination means the termination which occurred on December 31, 2016 by Global of the subleasing arrangements and related agreements in place with the Sublease Counterparty relating to the sublease by Global of approximately 1,250 rail cars from the Sublease Counterparty.
Lease Termination means a lease termination agreement, substantially in the form of Exhibit F hereto, pursuant to which the applicable Seller and the Tenant under a Tenant Lease agree to terminate such Tenant Lease effective as of the Closing Date.
Lease Termination means a lease termination agreement effecting the termination of the Lease and all of parties’ obligations thereunder, to be entered into by and between Seller or any Selling Affiliate and Purchaser on the Closing Date in a form reasonably acceptable to the parties.
Lease Termination. Management reserves the right, but is not obligated to change room assignments in the interest of health, discipline or the general welfare of the residents. Management also reserves the right, but is not obligated to terminate this contract upon violation or breach of the contract on the part of the lessee. If lessee fails to pay rent when due to Wolf Village, or if lessee defaults in any other covenant or agreement set forth herein, Wolf Village shall have the right to give notice to the lessee allowing three (3) days for the curing of such default. If rent is not paid, or other default cured, within said three day period, Wolf Village shall have the right to immediate possession of the premises. If lessee fails to deliver possession of the premises to Wolf Village, lessee shall be deemed guilty of an unlawful occupancy and subject to eviction. Upon lessee’s default, even if Wolf Village recovers possession of the premises and otherwise terminates this agreement, it is agreed that lessee shall remain liable for the balance of rent set forth herein through the expiration of the term of this agreement or until the space is re-rented, whichever occurs first.
Lease Termination. Date shall mean the last day of the Lease Term (whether occurring by reason of a termination or expiration of the Lease Term). Lessee shall mean System Energy Resources, Inc., an Arkansas corporation, and its respective successors and assigns, as lessee under the Facility Lease and as party to the other Transaction Documents and Financing Documents to which it is a signatory. Lessee’s Counsel shall mean Wise, Carter, Child & Xxxxxxx, Professional Association, 000 Xxxxxxxx Xxxxxxxx, Xxxxxxxx at Xxxxxxx, Xxxxxxx, Xxxxxxxxxxx 00000, or such other counsel as shall be selected by the Lessee.
Lease Termination. DATE shall mean the earlier of (i) the Final Completion Date, (ii) September 30, 1998 and (iii) the date on which this Lease is terminated pursuant to the terms hereof. LEASED PROPERTY shall mean the Parcel and the Facility. LEGAL REQUIREMENTS shall mean (i) all Laws, foreseen or unforeseen, ordinary or extraordinary, or arising from any restriction of record or otherwise, which now or at any time hereafter may be applicable to the Lessor, as owner of the Facility, the Lessee, as lessee hereunder, or the Leased Property or any part thereof, or any of the adjoining sidewalks, or the maintenance, management, ownership, construction, operation, mortgaging, occupancy, possessing, use, non-use or condition of the Leased Property or any part thereof; (ii) and any other governmental rules, orders and determinations now or hereafter enacted, made or issued, and applicable to the Lessor, as owner of the Facility, the Lessee, as lessee hereunder, or the Leased Property or any part thereof or to the maintenance, management, ownership, construction, operation, mortgaging, occupancy, possession, use, non-use or condition thereof whether or not presently contemplated; and (iii) all agreements, Permits, covenants, and restrictions applicable to the Leased Property or any part thereof or the maintenance, management, ownership, construction, operation, mortgaging, occupancy, possession, use, non-use or condition thereof. LESSEE shall mean Crown Pacific Limited Partnership, a Delaware limited partnership, and its permitted successors and assigns. LESSOR shall mean SELCO Service Corporation, an Ohio corporation, and its permitted successors and assigns.