Leasehold Assignment definition

Leasehold Assignment means, collectively, the Lease Assignment and Assumption Agreement and the Easement Assignment and Assumption Agreement to be entered into on the Closing Date between Seller and Purchaser, each in substantially the form of Exhibit B attached hereto.
Leasehold Assignment means any leasehold assignment or leasehold security agreement pursuant to which the Company pledges its interest in this Lease herein to a Lender.
Leasehold Assignment means the assignment to be made between PowerGen and the Buyer in relation to the Leasehold Property in the form set out in Part 3 of Schedule 3;

Examples of Leasehold Assignment in a sentence

  • In connection with entering into, as lessee, any lease of an interest in real property which lease calls for a rental payment equal to or in excess of $25,000.00 per annum, Borrower shall deliver to Agent a Leasehold Assignment & Consent (naming Agent as assignee for the benefit of the Syndication Parties), together with such consents or estoppels of lessor as Agent shall specify.

  • Cedar shall have received a consent duly executed by Interstate (the "Landlord Consent"), to be dated not more than ten (10) days prior to the Closing Date, authorizing Owners' contribution of the Leasehold Property, assignment of the Leasehold Documents to the Partnership, and the form of Leasehold Assignment (as hereinafter defined).

  • The Buyer shall have duly executed the Leasehold Assignment and Assumption Agreement and the Option Assignment Agreement referred to in Section 2.2 hereof or otherwise complied with the provisions set forth in Section 2.2 hereof.

  • Buyer and Seller shall have (a) received all of the Required Leasehold Assignment Consents, and (b) either (i) Buyer and Seller shall have received consent from the Kukui Landlord to the assignment by Seller to Buyer, or (ii) the Kukui Landlord shall have exercised the Recapture Rights, or (iii) Buyer and Seller shall have entered into a management agreement for the Kukui Lease pursuant to Section 7.1.4.

  • The Sellers each shall have duly executed the Leasehold Assignment and Assumption Agreement and the Option Assignment Agreement referred to in Section 2.2 hereof.

  • The restrictions on assignment set forth in this Section 10.5 shall not apply to assignments of Subsequently-Acquired Leases by a Party to a Third Party if the other Party hereto has not elected to receive a Subsequently-Acquired Leasehold Assignment of such Subsequently-Acquired Leases pursuant to Section 2.14 hereof.

  • Landlord hereby consents to (x) Current Tenant's assignment of the Leasehold Interest to New Tenant, in accordance with the terms, covenants, and conditions in the Leasehold Assignment, and (y) Current Tenant's sale and transfer to New Tenant of all of Current Tenant's ownership interest in and to all of the Equipment, in accordance with the terms, covenants, and conditions in the: Bill of Sale.

  • In connection with entering into any lease, Guarantor shall deliver to Bank a Leasehold Assignment and Consent together with such additional consents or estoppels of lessor as Bank shall specify.

  • The Party receiving the Subsequently-Acquired Leasehold Assignment shall submit such assignment for filing in the real property records in the county(ies) where the Project Area is located.

  • Where necessary to effectuate any Assignment or Leasehold Assignment, as to each Participation Well, APC shall prepare and send timely (a) notices to the holders of any required consents to assignment requesting consents to the transactions contemplated by this Agreement and (b) notices to the holders of any applicable preferential rights to purchase or similar rights in compliance with the terms of such rights and requesting waivers of such rights.


More Definitions of Leasehold Assignment

Leasehold Assignment means that certain Omnibus Collateral Assignment of Leasehold Interests, dated as of March 3, 2014, made, executed, granted and delivered to and in favor of Lender by Rotmans, together with any and all exhibits, schedules and other addenda from time to time attached thereto, as amended, restated, supplemented, reaffirmed, ratified and/or modified from time to time.
Leasehold Assignment shall have the meaning ascribed to it in Section 2.2(b) of this Agreement.
Leasehold Assignment means a Leasehold Assignment and Assumption Agreement in the form of Exhibit 1.8 pursuant to which the Partnership assigns the Lessor's Leasehold Interest in the Properties to the Buyer and the Buyer agrees to assume all rights, liabilities and obligations thereunder.

Related to Leasehold Assignment

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Permitted Assignment means a Permitted Subsidiary Assignment or a Permitted Third-Party Assignment.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the United States Internal Revenue Code, United States Code Title 26, as amended from time to time;

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Leaseholder means a grantee or a person or other legal entity holding a valid lease or licence of occupation with the federal Crown for the use or occupation of land in Jasper National Park, and shall mean Canadian National Railway in respect of lots or land parcels held by Canadian National Railway, and shall mean Jasper National Park of Canada in respect to lots or land parcels held by the Crown;

  • Assignment and Assumption of Lease has the meaning set forth in Section 3.02(a)(v).

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Assignment of Leases and Rents With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar instrument executed by the Obligor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, whether contained in the Mortgage or in a document separate from the Mortgage, in the form that was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter in accordance with the Credit and Collection Policy.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • First Assignment means: the relevant Assignment; orif, prior to the relevant Assignment:

  • term assignment means, in relation to an employee, i. a term assignment within the meaning of the local collective agreement, or ii. where no such definition exists, a term assignment will be defined as twelve (12) days of continuous employment in one assignment

  • Leasehold Property means any leasehold interest of any Loan Party as lessee under any lease of real property.

  • Assignment and Conveyance An assignment and conveyance of the Mortgage Loans purchased on a Closing Date in the form annexed hereto as Exhibit 4.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Intellectual Property Assignment has the meaning set forth in Section 3.02(a)(iii).

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.