Leased Asset definition

Leased Asset means an asset in respect of which a lease is granted by a transfer order or sale/lease agreement;

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Leased Asset means any Real Property that operates as a dry and/or cold storage facility or is Development Property or undeveloped land and that is leased by Holdings or a Subsidiary thereof pursuant to a lease (other than a ground lease) with a remaining term (including any unexercised extension options at the option of the tenant) of not less than 10 years from the date of relevant covenant calculation and otherwise on market terms (as determined by the Company in good faith).

Leased Asset means a Technology Asset that is leased by the Operating Partnership or a Subsidiary thereof pursuant to a lease (other than a ground lease) with a remaining term (including any unexercised extension options at the option of the tenant) of not less than 10 years from the date of determination and otherwise on market terms; provided, however, that the Administrative Agent may approve any Technology Asset that is subject to a lease with a remaining term (including any unexercised extension options at the option of the tenant) of less than 10 years but equal to or more than 5 years from the date of determination (any such Leased Asset, a “Short-Term Leased Asset”) and the Administrative Agent agrees that the Leases listed on Schedule VII are approved Short-Term Leased Assets.

Examples of Leased Asset in a sentence

• For purposes of this definition, it is acknowledged and agreed that the Wilshire Property which is a Leased Asset shall be deemed an “Eligible Real Estate Asset”.

• Each Leased Asset is leased to the Lessee without, except as expressly set forth herein, any representation or warranty, express or implied, by the Lessor and subject to the rights of parties in possession, the existing state of title (including, without limitation, Permitted Liens other than Lessor Liens) and all applicable Requirements of Law.

• The aggregate of (a) .60 multiplied by the Capitalized Value of the Unencumbered Asset Pool (excluding the Leased Assets), plus (b) the Leased Asset NOI Amount.

• The Lessee shall not commit or permit any waste of such Leased Asset or any part thereof.

• Schedule 3.16 sets forth a true and complete list of each of the Real Property Assets that is a ground leased property or partially ground leased property (each a "Ground Leased Asset").

More Definitions of Leased Asset

Leased Asset means a Technology Asset that is leased by the Operating Partnership or a Subsidiary thereof pursuant to a lease (other than a ground lease) with a remaining term (including any unexercised extension options at the option of the tenant) of not less than 10 years from the date of determination and otherwise on market terms.

Leased Asset in relation to a lease, means an asset that is the subject of the lease;

Leased Asset shall have the meaning specified in Section 2.1(b).

Leased Asset means the Bank's Share of the Asset in the Musharaka as described in Schedule 2. Lease Commencement Date means the Works Completion Date. Lease Period means each period occurring during the Lease Term, provided that no Lease Period shall extend beyond the Expiry Date. Lease Term means the period from the Lease Commencement Date until the Expiry Date. Major Maintenance and Structural Repair has the meaning given to it in the Management Agreement.

Leased Asset refers to predominantly "passive" investments involving substantially leased Properties

Leased Asset the subject of asset to be leased under the Finance Lease Services;

Leased Asset has the meaning given to it in the Forward Lease. Party means a party to or beneficiary of this Sale Undertaking.