Leasehold Obligations definition

Leasehold Obligations means, with respect to each Loan Party, all payments made, if any, by such Loan Party with respect to rent (including fixed rent and variable rent), common area maintenance charges and other monetary obligations under any Lease (including any Distribution Center or Store) where any Inventory is stored or otherwise located.
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Leasehold Obligations means any and all obligations of the lessee or tenant under and in respect of the Lease.
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Leasehold Obligations means all payments with respect to rent (including fixed rent and percentage rent), common area maintenance charges and other monetary obligations under any lease of real property (including any distribution center or store) where any Inventory is stored or located.
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Examples of Leasehold Obligations in a sentence

  • Leasehold Obligations Leasehold agreements require the Corporation to pay all costs of leased properties including operating costs, maintenance, renovation, and assessments.

  • The Lessor shall have the right, based on the criteria provided below in th is Section, to approve all Subcontractors which the Lessee is permitted to engage under subsection (A) of this Section for Leasehold Obligations relating to hauling of Trucked-In Materials, except: (1) Affiliates of the Lessee; (2) Governmental Bodies; and (3) approved Subcontractors listed on Appendix 18.

  • The Lessee shall prepare and m aintain financial books, records and accounts with respect to the Incineration Facilities and the Leasehold Obligations sufficient to support all financial reporting, including statements of Revenues and Cost Substantiation, required hereunder.

  • No failure of any Subcontractor used by the Lessee in connection with th e provision of the Leasehold Obligations shall relieve the Lessee from its obligations hereunder to perform the Leasehold Obligations.

  • Nothin g in this Section shall limit the Lessee's entitlement to relief upon the occurrence of a Change in Law affecting any of the Leasehold Obligations other than the Incinerator Residuals Responsibilities, such as Change in Law affecting odor or air emissions from the Incineration Facilities.

  • Changes in the Staffing Plan or refusal by the DEP to approve proposed changes in the Staffing Plan , as a result of the Initial Capital Improvem ents or otherwise, shall not constitute a Change in Law unless such changes are required in order for the Lessee to provide the Leasehold Obligations as a result of a separate and identified Change in Law event.

  • The Lessee shall notify the Lessor of any material change in staffing levels and positions from time to time, and shall not make any such material change if the new xxxxxxx g level or staffing positions would adversely affect the ability of the Lessee to provide the Leasehold Obligations.

  • See "SECURITY AND SOURCES OF PAYMENT FOR THE BONDS – Parity Bonds" and "THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS – OtherOutstanding Indebtedness and Leasehold Obligations" in APPENDIX A.

  • The Lessee acknowledges that the performance of the individual serving from t ime to time as the Facilities Manager will have a material bearing on the performance of the Leasehold Obligations, and that effective cooperation between the Lessor and the Facilities Manager will be essential to effectuating the intent and purposes of this Lease Agreem ent.

  • The Lessor shall designate an individual or firm to assist it in administering this Lease Agreement and act as the Lessor's liaison with the Lessee in connection with the Leasehold Obligations (the "Contract Administrator").


More Definitions of Leasehold Obligations

Leasehold Obligations means the Lessee Responsibilities and the ICI Design/Build Work.
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Leasehold Obligations has the meaning set forth in Section 5.10(c).
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Leasehold Obligations means all obligations of the lessee under the --------- ----------- Lease including, but not limited to, the payment of rent and other charges (or, if the second sentence of the definition of "Lease" is applicable, the rents and escalations allocable to the Branch space under the Lease, together with a percentage of all other indemnity and other obligations of the tenant under the Lease, such percentage being the percentage equivalent of the fraction of which the numerator is the base rent for the Branch space and the denominator is the entire base rent under the Lease).
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Leasehold Obligations means in relation to the Leasehold Parts (if any), the covenants by the tenant and the conditions contained in the Superior Leases;
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Related to Leasehold Obligations

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

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

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in the Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrances of the affected real property.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • Leasehold of any Person shall mean all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • 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:

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

  • Leases means all present and future leases, subleases, licenses, concessions or grants or other possessory interests now or hereafter in force, whether oral or written, covering or affecting the Mortgaged Property, or any portion of the Mortgaged Property (including proprietary leases or occupancy agreements if Borrower is a cooperative housing corporation), and all modifications, extensions or renewals.

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

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

  • 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:

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Real Property Leases has the meaning set forth in Section 4.7(b).

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Permitted Lease means a lease permitted under Section 4.02(b) of the Trust Indenture.

  • 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;

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).