Examples of Major Leases in a sentence
Because the rest of these projects are located in sections of streams with coarser substrates (boulder, cobble, gravel,sand) the opportunity for sediment to be mobilized and carried downstream by construction activities will be minimal.
For the avoidance of doubt, Borrower shall have the right to enter into Leases (and to renew, extend, amend, modify and consent to any assignment of or subletting under Leases) without Lender’s consent other than Major Leases provided that each Lease complies with the terms described in clauses (i), (ii) and (iii) of this Section 4.14(a).
If Sponsor is not in Control of Borrower, any Major Leases with respect to the Property executed after the date hereof shall be subject to the prior written approval by Lender, which approval shall not be unreasonably withheld, conditioned or delayed.
In addition to the foregoing, without the approval of Lender, Borrower may enter into amendments, modifications, renewals and extensions of, and permit assignments and subleases by tenants under, Leases that are not Major Leases in the ordinary course of business of operating the Property in a reasonable and prudent manner.
In particular, we are concerned about the impact this proposal will have on members of the rate class that have lower load factors.