Lessor Transfer definition

Lessor Transfer is defined in Section 13.7.
Lessor Transfer has the meaning specified in Section 16(b) of the Lease.
Lessor Transfer shall have the meaning specified in Section 15 hereof. ---------------

Examples of Lessor Transfer in a sentence

  • The execution by Lessee of the AT Documents shall not be deemed to be a consent by Lessee to any Lessor Transfer.

  • Lessor reserves the right to assign, transfer, mortgage or otherwise encumber the Property and its interest in this Lease (collectively, "Lessor Transfer").

  • Prior to the delivery of the Equipment to the Lessee, Lessor shall be permitted to make a Lessor Transfer only to its affiliates or affiliates of NextNet.

  • If the Lessor Transfer is to a lender to Xxxxxx, Xxxxxx agrees to execute and deliver to such lender an SNDA subordinating this Lease and Xxxxxx's rights hereunder, as may be required by Xxxxxx and such Xxxxxx provided the same is reasonably acceptable to Xxxxxx and such lender agrees to recognize Xxxxxx's rights under this Lease so long as there is no default by Lessee, in connection with Xxxxxx's contemplated transaction.

  • Except as permitted pursuant to the AT Documents: (i) there shall be no Lessor Transfer by Lessor; and (ii) Lessor shall not cause or permit any Lessor Transfer.

  • To proceed with the booking of accommodation, the Lessee to the Lessor returns this agreement initialed on each page and signed accompanied by the payment of a deposit height , Euros (amount in words), by the following means (select desired resolution mode): Check payable to the Lessor Transfer to the account (IBAN and BIC) Species Other : And it imperatively before / / .

  • In the event of a Lessor Transfer, any purchaser, transferee, assignee or secured party (each a "Lessor Assignee") shall have and may exercise all of Lessor's rights hereunder with respect to the items to which any such Lessor Transfer relates.

  • In the event of any such Lessor Transfer, Xxxxxx agrees to cause the transferee to accept an assignment and assumption of this Lease and to recognize Xxxxxx and Xxxxxx's rights hereunder, and Xxxxxx shall recognize such transferee provided that the prospective transferee executes and delivers to Lessee a Subordination and Non-Disturbance and Attornment instrument (“SNDA”) agreeing to recognize Xxxxxx and to not disturb Lessee's tenancy.


More Definitions of Lessor Transfer

Lessor Transfer shall have the meaning specified in Section 15 hereof. "Liability" shall have the meaning specified in Section 22 hereof. "Lien" shall mean all mortgages, pledges, security interests, liens, encumbrances, claims or other charges of any kind whatsoever. 4 <PAGE> "Loss" shall have the meaning specified in Section 16 hereof. "NextNet" means NextNet Wireless, Inc. "Permitted Lien" means (i) the rights of Lessor as owner of the Equipment and Lessee as herein provided, (ii) Lessor Liens, (iii) Liens for taxes of Lessee (either not yet due or being contested in good faith by appropriate proceedings so long as such proceedings do not involve any material risk of the sale, forfeiture or loss of the Equipment or any interest therein), (iv) materialmen's, mechanics', workmen's, repairmen's, employees' or other like Liens arising in the ordinary course of Lessee's business (including those arising under maintenance agreements entered into in the ordinary course of business) securing obligations that are not overdue for a period of more than thirty (30) days or are being contested in good faith by appropriate proceedings so long as such proceedings do not involve any material risk of the sale, forfeiture or loss of the Equipment or any interest therein, (v) Liens arising out of any judgment or award against Lessee unless the judgment secured shall not, within thirty (30) days after the entry thereof, have been discharged, vacated, reversed or execution thereof stayed pending appeal or shall not have been discharged, vacated or reversed within thirty (30) days after the expiration of such stay, so long as during either such 30-day period there is not any material risk of the sale, forfeiture or loss of the Equipment or any interest therein, (vi) any other Lien with respect to which Lessee shall have provided a bond, cash collateral or other security adequate in the reasonable opinion of Lessor, and (vii) Liens approved in writing by Lessor. "Permitted Territory" shall have the meaning specified in Section 1(d) hereof. "Purchase Price" shall have the meaning specified in Section 8 hereof. "Required Alteration" shall have the meaning specified in Section 11 hereof. "Stock Purchase Agreement" shall mean that certain Stock Purchase Agreement, dated September 30, 2004, by and among Xxxxx Wireless Honolulu Inc., a Hawaii corporation, Xxxxx Wireless Nevada Inc., a Nevada corporation, Xxxxx Wireless Systems Inc., a Canadian federal corporation, and Fixed Wireless Holdings, LLC,...
Lessor Transfer shall have the meaning specified in Section 15 hereof. "Liability" shall have the meaning specified in Section 24 hereof. "Lien" shall mean all mortgages, pledges, security interests, liens, encumbrances, claims or other charges of any kind whatsoever. "Loss" shall have the meaning specified in Section 16 hereof. "Purchase Agreement" shall mean any purchase agreement or other contract entered into between the Supplier and Lessee for the acquisition of the Equipment to be leased hereunder. "Related Equipment Schedule" shall have the meaning specified in Section 27 hereof. "Remedy Date" shall have the meaning specified in Section 22 hereof. "Rent" shall mean the periodic rental payments due hereunder for the leasing of the Equipment, as set forth on the Equipment Schedules, and, where the context hereof requires, all such additional amounts as may from time to time be payable under any provision of this Lease. "Rent Commencement Date" shall mean, with respect to an Equipment Group, (a) the date on which Lessor receives an executed Certificate of Acceptance for such Equipment from Lessee or (b) the date on which Lessor disburses funds for the purchase of such Equipment Group, as determined by Lessor in its sole discretion. "Rent Payment Date" with respect to an Equipment Group, shall have the meaning set forth in the Equipment Schedule associated therewith. "Required Alteration" shall have the meaning specified in Section 11 hereof. "Stipulated Loss Value" shall mean, as of any Rent Payment Date and with respect to an Item of Equipment, the amount determined by multiplying the Total Cost for such Item of Equipment by the percentage specified in the applicable Stipulated Loss Value Supplement opposite such Rent Payment Date. "Stipulated Loss Value Supplement" with respect to an Equipment Group, shall have the meaning set forth in the Equipment Schedule associated therewith. "Supplier" shall mean the manufacturer or the vendor of the Equipment, as set forth on each Equipment Schedule. "Term" shall mean the Initial Term or any Renewal Term, each as defined in Section 8 hereof, and any Extended Lease Term or Interim Term as defined in an Equipment Schedule. "Total Cost" shall mean, with respect to an Item of Equipment, (a) the acquisition cost of such Item of Equipment (including Lessor's capitalized costs), as set forth on the Equipment Schedule on which such Item of Equipment is described, or (b) if no such acquisition cost is specified, the Supplier's invoice ...
Lessor Transfer has the meaning given to such term in Clause 25.3 Life Limited Parts or LLPs means those Parts, defined by the Manufacturer or by EASA, the FAA or the Aviation Authority through Airworthiness Directives, requiring retirement and subsequent replacement on a mandatory basis prior to, or upon the expiration of, the Manufacturer’s certified life, such life being expressed in terms of Cycles, Flight Hours, landings and calendar time Loss means any cost, expense (including the fees of professional advisers and out-of-pocket expense), financial liability, damage or monetary loss of any kind but excluding Taxes

Related to Lessor Transfer

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Data Transfer means the copying or transmission of electronic information that does not alter the content, context, or structure of a record from 1 medium to another medium.

  • Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.

  • Transfer Any direct or indirect transfer or sale of any Ownership Interest in a Residual Certificate.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Stockholders.

  • Type II transfer means that phrase as defined under Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Pass-Through Transfer The sale or transfer of some or all of the Mortgage Loans to a trust to be formed as part of a publicly-issued and/or privately placed, rated or unrated, mortgage pass-through transaction, retaining the Company as "servicer" (with or without a master servicer) thereunder.

  • Transfer Instruction is a specific information provided for a transfer to be made that you provide to the Account to Account Transfer Service for a transfer of funds.

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with the terms of this Subscription Agreement.

  • Agency Transfer The sale or transfer by Purchaser of some or all of the Mortgage Loans to Xxxxxx Xxx under its Cash Purchase Program or its MBS Swap Program (Special Servicing Option) or to Xxxxxxx Mac under its Xxxxxxx Xxx Xxxx Program or Gold PC Program, retaining the Company as "servicer thereunder".

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events:

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Transfer Restricted Note means any Note that bears or is required to bear the Restricted Notes Legend.

  • Right of First Offer shall have the meaning set forth in Section 13.1 hereof.

  • Transfer Instructions are the information that you provide when using the Service. “Us,” “We,” and “Our” means Credit Union.

  • credit transfer means a payment service for crediting a payee’s payment account with a payment transaction or a series of payment transactions from a payer’s payment account by the payment service provider which holds the payer’s payment account, based on an instruction given by the payer;

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Transferee Letter Defined in Section 13.16.

  • Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.

  • Subsequent Transfer Instrument: Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit I, by which Subsequent Loans are transferred to the Trust Fund.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Whole Loan Transfer Any sale or transfer of some or all of the Mortgage Loans, other than a Securitization Transaction.