Lessee Act definition

Lessee Act shall have the meaning set forth in Section 3.3.
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Lessee Act shall have the meaning specified in Section 5(a)(i) of the Tax Indemnity Agreement.
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Lessee Act means any act or failure to act by Lessee, any direct or indirect assignee or sublessee of Lessee or other user of any Unit, or affiliate of the foregoing, or breach of any representation, warranty or agreement by Lessee in any Lease, other than (1) the exercise of any purchase or renewal option under any Lease, or (2) the making of any non-severable improvement permitted by Revenue Procedure 79-48.
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Examples of Lessee Act in a sentence

  • A "Lessee Act" means any act or failure to act by Lessee, any assignee or sublessee of Lessee, any user of the Units or any affiliate of any of the foregoing or a breach of any representation, warranty or agreement by Lessee in paragraph 3 below, in each case other than (A) an act or failure to act required by the Lease, (B) the exercise of any purchase or renewal option under the Lease, or (C) the making of any non-severable improvement permitted by Revenue Procedure 79-48.

  • Lessee expressly waives to Lessor the benefit of Act No. 20, approved April 6, 1951, entitled "The Lessor and Lessee Act of 1951" requiring three months' notice to vacate the Premises at the end of the term or upon forfeiture of this Lease for breach of its conditions, and covenants and agrees to give up quiet and peaceable possession without further notice form the Lessor or its agent.

  • However, determining transition states for heterogeneous electrocatalysis is not straightforward and has remained a niche.

  • Except as provided in Section 4.2, if Lessor is required to indemnify another Unit 1 Owner under the Unit 1 Owner tax indemnity as a result of a Lessee Act, then the Lessor shall have suffered a “Loss” and Lessee shall reimburse Lessor, on an After Tax Basis, for the amount of such Loss.

  • Lessor may terminate this Lease upon thirty days' notice in writing prior to the next rent payment date to the Lessee, and provided, that Lessor shall have the right to terminate this Lease pursuant to the Lessor- Lessee Act aforesaid if Lessee fails to pay rent on or before the date due or otherwise fails to perform the covenants contained herein.

  • Except as provided in Section 4.2, if Lessor is required to indemnify another Unit 2 Owner under the Unit 2 Owner tax indemnity as a result of a Lessee Act, then the Lessor shall have suffered a “Loss” and Lessee shall reimburse Lessor, on an After-Tax Basis, for the amount of such Loss.

  • Lessee shall continue to pay all rent and other sums due hereunder and shall be liable to Lessor for all damages that Lessor may sustain resulting from a Lessee Act.

  • Except as provided in Section 4.2, if Lessor is required to indemnify another Unit 1 Owner under the Unit 1 Owner tax indemnity as a result of a Lessee Act, then the Lessor shall have suffered a “Loss” and Lessee shall reimburse Lessor, on an After-Tax Basis, for the amount of such Loss.

  • Except as provided in Section 4.2, if Lessor is required to indemnify another Unit 2 Owner under the Unit 2 Owner tax indemnity as a result of a Lessee Act, then the Lessor shall have suffered a “Loss” and Lessee shall reimburse Lessor, on an After Tax Basis, for the amount of such Loss.


More Definitions of Lessee Act

Lessee Act means any act or failure to act by Lessee, any assignee or sublessee of Lessee, any user of the Units or any affiliate of any of the foregoing or, without regard to any act or failure to act by any person, any representation or warranty by Lessee in paragraph 3 below shall prove to be incorrect or misleading or a breach of any warranty or agreement by Lessee in paragraph 3 below, in each case other than as a result of (A) an act or failure to act required by the Lease, (B) the exercise of any purchase or renewal option under the Lease; or (C) the making of any non-severable improvement permitted by Revenue Procedure 79-48.
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Related to Lessee Act

  • BBBEE Act means the Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • B-BBEE Act means the Broad-Based Black Economic Empowerment Act, 2003;

  • These regulations means 9VAC5-10 (General Definitions) through 9VAC5-80 (Permits for Stationary Sources).

  • S.A.F.E. act means the secure and fair enforcement for mortgage licensing act of 2008, Title V of the housing and economic recovery act of 2008 ("HERA"), P.L. 110-289, effective July 30, 2008.

  • Lessee Documents Has the meaning set forth in Section 6.01(b) of the Participation Agreement.

  • SAFE Rules and Regulations means collectively, the Circular 37 and any other applicable SAFE rules and regulations.

  • Building Code Act means the Building Code Act, 1992, S.O. 1992, c.23, as amended;

  • 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.

  • CFTC Regulations means the rules and regulations promulgated by the CFTC, as amended.

  • Advisers Act Rules and Regulations means the rules and regulations of the Commission under the Advisers Act.

  • Condominium Act means Article 9-B of the New York Real Property Law (339-d et seq.), together with the administrative rules promulgated thereunder, and all amendments and replacements thereof, and all regulations with respect thereto now or hereafter promulgated.

  • 1940 Act Rules and Regulations means the rules and regulations of the Commission under the 1940 Act.

  • Rules and Regulations means the rules and regulations of the Commission.

  • 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.

  • Lessees SIGNATURE: DATE:

  • the 1997 Regulations means the Zebra, Pelican and Puffin Pedestrian Crossing Regulations 1997.

  • Ground Regulations means those ground regulations issued by the Club from time to time that set out the terms and conditions upon which spectators are granted entry to the Ground.

  • Criminal Procedure Act means the Criminal Procedure Act, 1977 (Act No. 51 of 1977);

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

  • ISA Regulations means The Individual Savings Account Regulations 1998, as amended or replaced from time to time.

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • Operating Rules means the operating rules of a CS Facility regulating the settlement, clearing and registration of uncertificated shares as amended, varied or waived (whether in respect of the Company or generally) from time to time which shall only apply to the Company during the Listed Period;

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • TUPE Regulations means the Transfer of Undertakings (Protection of Employment) Regulations 2006, as amended.

  • Flood Insurance Regulations means (a) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (c) the National Flood Insurance Reform Act of 1994 (amending 42 USC § 4001, et seq.), as the same may be amended or recodified from time to time, and (d) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.