New Lease definition

New Lease. Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.
New Lease. Any lease of REO Property entered into on behalf of the Trust Fund, including any lease renewed or extended on behalf of the Trust Fund, if the Trust Fund has the right to renegotiate the terms of such lease.
New Lease. Any lease of an Administered REO Property entered into at the direction of the applicable Special Servicer, including any lease renewed, modified or extended on behalf of the Trust if the applicable Special Servicer has the power to renegotiate the terms of such lease.

Examples of New Lease in a sentence

  • Alternatively, the senior Mortgagee may request a New Lease in accordance with the provisions of this Section 10.06.

  • As between Landlord and such New Tenant, any such New Lease and the leasehold estate thereby created, subject to the same conditions contained in this Lease, shall continue to maintain the same priority as this Lease with regard to any Mortgage or any other lien, charge or encumbrance whether or not the same shall then be in existence.

  • Notwithstanding the foregoing, if a New Lease is entered into, then the New Tenant shall be entitled to such documents, provided however, the New Tenant shall be obligated to deliver the same to Landlord at the expiration or earlier termination of the New Lease.

  • Xx. Xxxxxxx provided information on a New Lease - Cabinet for Health and Family Services, Department for Community Based Services - McCreary County, PR-5769, as well as Lease Renewals (Same Terms and Conditions) for the following: 1) General Government Cabinet a.

  • Landlord shall have no obligation to deliver physical possession of the Premises in connection with the giving of any such New Lease to the extent that Landlord has not previously recovered possession of same.


More Definitions of New Lease

New Lease means any lease of any REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.
New Lease. As defined in Section 17.1(f).
New Lease shall have the meaning assigned thereto in Section 3.3(d).
New Lease. Any lease with respect to the Foreclosed Property entered into at the direction of the Special Servicer on behalf of the Trust, including any lease renewed, modified or extended on behalf of the Trust, if the Trust has the right to renegotiate the terms of such lease.
New Lease. As defined in Section 40.15.
New Lease shall have the meaning set forth in Section 8.8.1.
New Lease is defined in Section 17.7.1.