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

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

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.
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”.
Borrower shall, and shall cause each other Loan Party to, give notice to the Agent in writing within five (5) Business Days of becoming aware of any material setoff, claims (including, with respect to the Eligible Real Estate Asset, environmental claims or any claims or notices of default by any Loan Party under any ground lease or Leased Asset), withholdings or other defenses to which any of the Eligible Real Estate Assets are subject, to the extent the same would result in a Material Adverse Effect.
The Adjusted Net Operating Income of each Leased Asset in the Unencumbered Asset Pool multiplied by four (4).
Neither the Lessee's inability or failure to take possession of all or any portion of any Leased Asset when delivered by the Lessor, whether or not attributable to any act or omission of the Lessee or any act or omission of the Lessor, or for any other reason whatsoever, shall delay or otherwise affect the Lessee's obligation to pay Rent for such Leased Asset in accordance with the terms of this Lease.

More Definitions of Leased Asset

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

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

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 means a lease whereby the lessor conveys to the lessee in return for payment or series of payment the right to use an asset for an agreed period of time;