Leasehold Mortgagees definition

Leasehold Mortgagees means mortgagees under Leasehold Mortgages.
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Leasehold Mortgagees means the beneficiary or beneficiaries under any Leasehold Mortgage(s). Any Leasehold Mortgagee(s) may exercise any of its rights hereunder through a designee, nominee, or wholly owned subsidiary.
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Leasehold Mortgagees the Gaming Board shall have the right, without prejudice to any other right or remedy the Gaming Board may have hereunder, to terminate this Casino Operating Contract by delivery of Notice specifying the date of termination; provided, however, upon the occurrence of an Event of Default that is also a Termination Event, the provisions of Section 20.6(b) - "Termination of Casino Operating Contract" shall apply.
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Examples of Leasehold Mortgagees in a sentence

  • Xxxx Xx. Lincolnton, NC 28092 Fax: (000) 000-0000 Attn: County Manager Leasehold Mortgagees may, by notice to Landlord and Tenant, designate an address for notices to them.


More Definitions of Leasehold Mortgagees

Leasehold Mortgagees the Gaming Board has no obligation to provide Notice to any Registered Leasehold Mortgagee prior to the termination of this Casino Operating Contract under the provisions of Section 20.6(b) "Termination of Casino Operating Contract," but shall provide reasonably prompt subsequent notification pursuant to such Section of the occurrence of any Termination Event.
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Leasehold Mortgagees is intended to, nor shall it provide any Leasehold Mortgagee or any Person with any right to cure any default or Event of Default which also constitutes a Termination Event (as provided in Section 20.6(b) - "Termination of Casino Operating Contract").
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Leasehold Mortgagees means more than one "Leasehold Mortgagee". "Lease Year" shall mean: (i) if the Commencement Date is the first (1st) day of a calendar month, the twelve (12) calendar month period commencing on the Commencement Date and ending on the day immediately preceding the first (1st) anniversary of the Commencement Date, and each succeeding such twelve (12) calendar month period during the Term; and (ii) if the Commencement Date is a day other than the first (Ist) day of a calendar month, the twelve (12) calendar month period commencing on the first (Ist) day of the first (Ist) calendar month following the Commencement Date and ending on the day immediately preceding the first (1st) anniversary of such date, and each succeeding such twelve (12) calendar month period during the Term, provided, however, that, if the Commencement Date is a day other than the first (1 st) day of a calendar month, the first Lease Year shall include the period from the Commencement Date through the last day of the calendar month during which the Commencement Date occurs. "Mortgage" shall mean any mortgage, deed to secure debt, deed of trust, trust deed or other conveyance of, or lien or encumbrance against, Landlord's interest in the Premises AlLLlDOI 88~5J2 4 -2- as security for any debt, whether now existing or hereafter arising or created. "Mortgages" shall mean more than one "Mortgage". "Mortgagee" shall mean the holder of any Mortgage, together with the heirs, legal representatives, successors, transferees and assigns of the holder. "Mortgagees" shall mean more than one "Mortgagee". "Premises" shall mean the Land and the Improvements. "Rent" shall mean the rental specified and provided for in paragraph 4, as increased pursuant to paragraph 5. "Taxes and Assessments" shall mean any and all of the following levied, assessed or imposed upon, against or with respect to this Lease, the Premises, any part of the Premises or the use and occupancy of the Premises at any time during the Tenn: (i) real property ad valorem taxes and assessments; (ii) charges made by any public or quasi-public authority for improvements or bettennents related to the Premises; (Ui) sanitary taxes or charges, sewer or water taxes or charges; (iv) any tax levied, assessed or imposed upon or against the rent reserved hereunder or upon Landlord's interest in the Premises or this Lease (other than income taxes, franchise taxes, estate taxes, value added taxes or any future tax which is established in lieu of income ta...
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Leasehold Mortgagees shall have the definition set forth in Section 5.1.
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Related to Leasehold Mortgagees

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Mortgagor The obligor on a Mortgage Note.