Master Lease Properties definition

Master Lease Properties means, as of any date of determination, the properties then leased to Tenantthe tenants pursuant to the Master LeaseLeases.
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Master Lease Properties means each of the “Facilities” (as such term is defined in the Master Lease Agreement) and related property demised under the Master Lease Agreement from time to time.
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Master Lease Properties means those Leased Real Properties leased by Seller or its Subsidiaries as tenant pursuant to the Master Leases.
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Examples of Master Lease Properties in a sentence

  • Leasehold Mortgages relating to the Initial Master Lease Properties and the Other Leased Properties 7.

  • From time to time after the Series Closing Date, on any Business Day upon which the Master Lease Conditions are satisfied, any Issuer may acquire one or more Additional Master Lease Properties from a Tenant under a Lease or Master Lease that is already included in the Collateral Pool.

  • Each of the Deferred Master Lease Properties will be leased under the Master Lease Agreements promptly after all requisite licenses and other governmental consents have been obtained.

  • Without limiting the foregoing, the aggregate base rental (as such term is used in the Master Lease Agreements) payments by all Vencor Companies to all Ventas Companies in respect of Master Lease Properties shall not exceed, in any month, $15,150,000.

  • The Settlement Note will be secured by a leasehold mortgage against Balanced Care Tenant (HCN), Inc.'s leasehold interest in the Master Lease Properties.

  • On the Closing Date (i) all Initial Master Lease Properties will be leased under the Master Lease Agreements and (ii) all Third Party Leases and the Management Contracts will be assigned to Vencor.

  • On or before January 31, 2002, HCRI-PA/BCC, HCRI-HCN/BCC, and Balanced Care Tenant (HCN), Inc., a wholly owned subsidiary of Company, shall enter into a Master Lease Agreement for the Master Lease Properties, subject to the terms and conditions contained in the Second Master Lease Offer.

Related to Master Lease Properties

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • 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:

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • 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.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

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

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

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

  • Subject Properties has the meaning specified in Section 5.13(a).

  • 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.

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

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • 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).

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.