Lessor Assignment Agreement definition

Lessor Assignment Agreement that certain Assignment and Assumption Agreement dated the Restatement Closing Date, pursuant to which, among other things, WCI assigned to Lessor all of WCI’s right, title, and interest in and to the Original Lease Documents, as the same may be amended, restated, supplemented, or otherwise modified from time to time.

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Lessor Assignment Agreement means the Lessor Assignment Agreement dated as of August 6, 2004 among Agent, Lessor, the Assignees and each Securities Intermediary.

Examples of Lessor Assignment Agreement in a sentence

Construction Advances will be made with respect to particular Improvements to be constructed and with respect to ongoing Work regarding the Equipment and construction of particular Improvements, in each case, pursuant to the terms and conditions of this Agreement, the Lessor Assignment Agreement and the Agency Agreement.
Subject to the terms and conditions of the Lessor Assignment Agreement (which agreement is effective concurrent with the effectiveness of this Agreement) and the other Operative Agreements, the Lessor shall irrevocably sell and assign to each Lease Participant, and each Lease Participant shall irrevocably purchase and assume from the Lessor, its Lessor Parties Interest; provided, after the effectiveness of the Lessor Assignment Agreement, the Lessor shall still retain its own Lessor Parties Interest.
On the date hereof, each of the respective parties hereto and thereto shall execute and deliver this Agreement, the Agency Agreement, the Lease, the Lessor Assignment Agreement, each applicable Mortgage Instrument and such other documents, instruments, certificates and opinions of counsel as agreed to by the parties hereto.
The Company shall indemnify the WCI, Lessor, the Administrative Agent, and each Lease Participant against any transfer taxes, documentary taxes, assessments or charges made by any Governmental Authority by reason of the execution and delivery of, and performance of obligations under, any of the Operative Documents or the Lessor Assignment Agreement.
The Lessor and WCI shall have executed and delivered the Lessor Assignment Agreement.
At any time after the acceleration of the Lease Balance, all distributions by Agent shall be made in accordance with the last paragraph of Section 2.1 of the Lessor Assignment Agreement.
This Omnibus Amendment shall be governed by, and construed in accordance with, the internal laws of the State of California, without regard to the conflict of laws principles of such State, except as to matters relating to the Lessor Assignment Agreement, which shall be governed by, and construed in accordance with, the internal laws of the State of New York, without regard to conflict of laws principles of such State.
Any and all notices, requests, certificates and other instruments executed and delivered after the execution and delivery of this Omnibus Amendment may refer to the Lease, the Lessor Assignment Agreement and the other Operative Documents without making specific reference to this Omnibus Amendment but nevertheless all such references shall be deemed to include this Omnibus Amendment unless the context otherwise requires.
The terms and provisions of this Section XX are subject to the provisions of the Lessor Assignment Agreement.

More Definitions of Lessor Assignment Agreement

Lessor Assignment Agreement means the Assignment and Assumption Agreement dated on or about the Initial Closing Date, among the Lessor, the various banks and other lending institutions which are parties thereto as assignees, the Agent and the Lessee. “Lessor Confirmation Letter” shall mean the confirmation letter issued by the Lessor from time to time to the Lessee pursuant to Section 8.2(d) of the Participation Agreement, in a form substantially similar to the form of confirmation letter provided to the Lessee on or prior to the Initial Closing Date.