Leasing Exception definition

Leasing Exception means, with respect to any MPL Site, any Authorization that must be obtained or satisfied in order for an AT&T Newco to Lease the Included Property and assign the Collocation Agreements of such MPL Site to the Tower Operator.
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Leasing Exception means, with respect to any MPL Site, any Authorization that must be obtained or satisfied in order for a Verizon Lessor to Lease the Included Property and assign the Collocation Agreements of such MPL Site to the Tower Operator.
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Leasing Exception means, with respect to any MPL Site, any Authorization that must be obtained or satisfied in order for a T-Mobile SPE to Lease the Included Property and assign the Collocation Agreements of such MPL Site to the Tower Operator, in each case without breach of Law or contract.
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Examples of Leasing Exception in a sentence

  • Since the family members traveling as guests are not receiving the flights as compensation for services as employees, the Compensation Exception would not apply.The allocation suggested in TAM 2009-45-037 between Five-Percent Owners and non-Five-Percent Owners is not necessary for these flights, because they do not involve the Compensation Exceptions (or the Related Party Leasing Exception), both of which are based on the identity of the passengers.

  • For the site-scale assimilation we used the op- erational resolution of 1.2 km for the period June 2002 to September 2003, from which square 15 by 15 pixel scenes have been processed.

  • In addition, the lessee uses the aircraft for another 10 flight hours to transport for company business purposes another employee who is not a Five-Percent Owner.The 90 flight hours to transport the Five-Percent Owner would be excluded from QBU under the Related Party Leasing Exception.

  • Thus, a related party lease would disguise the real extent of the actual personal use of the aircraft (by the lessee).The Related Party Leasing Exception addresses this problem by stating that leasing to a related party will not count as QBU to the extent that the passengers are Five-Percent Owners.

  • If there were no Related Party Leasing Exception and the aircraft was used mainly for personal purposes, a lease of the aircraft to a related company would result in the lessor claiming 100 percent business use, based on the fact that the aircraft is used in the lessor’s leasing business 100 percent of the time.

  • Twenty-four active and closed landfills are located in the ART project area (see Figure 9).1 A few of the landfills are co-located with the other types of contaminated lands (e.g., three closed landfills on the Alameda Naval Air Station Superfund site and the closed landfill at Oyster Bay Regional Shoreline; photo below).

  • If users found difficulties in accessing the digital platform, it would also influence their reluctant behaviour in adopting the new technology (Egbunike et al., 2018).

  • In this instance, the occupied-seat method may be used based on miles or flight hours.For purposes of the 25-Percent Test, two exceptions are applied in calculating the amount of qualified business use (QBU),the Related Party Leasing Exception and the Related Party Compensation Exception.

  • The Business of Leasing Exception in § 280F(c) I.R.C. § 280F(c)(1) provides that the depreciation limitations in § 280F are not applicable to listed property leased “by any person regularly engaged in the business of leasing such property.” Temp.

  • TAM 2009-45- 037 states that to apply the Related Party Leasing Exception on flights with both Five-Percent Owners and otherpassengers, a reasonable allocation must be made between the passengers.


More Definitions of Leasing Exception

Leasing Exception means any Authorization that must be satisfied or fulfilled in order for Lessor to Lease the Leased Property and assign the Collocation Agreements and Related Tower Assets of a Site to Lessee.
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Related to Leasing Exception

  • Permitted Exception means that, with respect to any representation, warranty or covenant with respect to the interest of the Buyer and its assignees in the ARSC Purchased Assets or any Servicer Default, that (i) prior to recordation (A) pursuant to Section 8.3 of this Agreement and/or Section 2.01(d)(i) of the Transfer and Servicing Agreement or (B) upon the sale of a Home to an Ultimate Buyer, record title to such Home may remain in the name of the related Transferred Employee, and no recordation in real estate records of any mortgage or any conveyance pursuant to the related Home Purchase Contract or Home Sale Contract in favor of any Transaction Party or any of the Buyer’s assignees and assigns pursuant to the Receivables Purchase Agreement will be made except as otherwise permitted under Section 2.01(d)(i) of the Transfer and Servicing Agreement and (ii) no delivery of any Home Purchase Contracts, Home Deeds and Equity Loan Notes to any custodian will be required.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Existing Survey means the existing ALTA survey of the Property.

  • 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;

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • 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:

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • 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.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Survey Area means the area of land or waters the subject of a Survey, or proposed to be the subject of a Survey.

  • 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.

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

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

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

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Release Property has the meaning set forth in Section 2.5.

  • Record of survey map means a map of a survey of land prepared in accordance with Section 10-9a-603, 17-23-17, 17-27a-603, or 57-8-13.

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

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

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