New Lessor definition

New Lessor means a lessor, as defined in Iowa Code section 423A.2, operating a business in the district that was not in operation in the area of the district before the effective date of the ordinance or resolution establishing the district, regardless of ownership. “New lessor” also includes any lessor, as defined in Iowa Code section 423A.2, operating a business in the district if the place of business for that business is the subject of a project that was approved by the board.
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New Lessor means any change which results in an eighty (80%) percent or more change of ownership.
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New Lessor means, in relation to an Aircraft and a Lease, the Person identified as such for that Aircraft and the Lease related to that Aircraft in the table set forth in Exhibit C.
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Examples of New Lessor in a sentence

  • New Lessor undertakes to provide Lessee as soon as reasonably practicable with a copy of any consents given pursuant to the airframe warranties or the Engine warranties, each dated as of the Effective Time and relating to the Aircraft or Engines, as applicable, in respect of the assignment of rights, title and interests thereunder from Existing Lessor to New Lessor.

  • Existing Lessor, New Lessor and Lessee (individually a “Party” and collectively, the "Parties") wish to use this Master Agreement for specific transactions ("Novation Agreements") on the terms hereof as modified thereby.

  • Existing Lessor, New Lessor and Lessee (individually a “Party” and collectively the “Parties”) wish to use this Master Agreement for specific assignment, assumption and amendment agreements ("Assignment, Assumption and Amendment Agreements") on the terms hereof as modified thereby.

  • Save to the extent New Lessor agrees otherwise, if the Cape Town Convention applies, the international interest constituted by the Lease and any assignment of it shall be registered in the International Registry created under the Cape Town Convention, at the cost of the Party identified in Part I, point 18 of the Assignment, Assumption and Amendment Agreement.

  • Assignment, Assumption and Amendment Agreement msn [insert MSN] This Assignment, Assumption and Amendment Agreement is made as of between _ ("Existing Lessor"), _ ("New Lessor") and _ ("Lessee").

  • As of the Effective Time, Existing Lessor has transferred to New Lessor the security deposit of ___________ and maintenance reserves of ____________ received from the Lessee pursuant to Article ___ of the Lease.

  • Unless otherwise specified in Part I, point 18 of the Assignment, Assumption and Amendment Agreement, each of Existing Lessor and New Lessor shall bear its own fees, costs and expenses in connection with the preparation, negotiation and completion of this Agreement and performance of the transactions contemplated hereby, except as expressly provided herein.

  • The Lessee and the Existing Lessor confirm to the New Lessor that the documentation listed in Schedule 1 (The Lease) hereto constitutes the entire agreement between the Lessee and the Existing Lessor in relation to the leasing of the Aircraft which will continue in effect following the Effective Time and there have been no amendments, consents, waivers or modifications entered into with respect to such documentation which will continue to have effect following the Effective Time.

  • To the extent that there are any guarantees provided in relation to the obligations of the Lessee or the New Lessor, the requirement to deliver opinions and corporate, KYC and process agent documentation should also include the guarantor entities] New Lessor Conditions Precedent It shall be a condition precedent for the New Lessor to the occurrence of the Effective Time that each of the following have been satisfied or waived or deferred.

  • According to the rules of joint taxation, D.F.N. OIL A/S is unlimitedly, jointly, and severally liable to pay the Danish tax authorities the total income tax, including withholding tax on interest, royalties, and dividends, arising from the jointly taxed group of companies.


More Definitions of New Lessor

New Lessor has the meaning ascribed thereto in the definition of “Assigned Lease” herein.
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New Lessor means for any Aircraft, the person (if not the relevant Purchaser) named as the “new lessor” in the Lease relating to such Aircraft immediately after its novation pursuant to the relevant Lease Novation;
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New Lessor has the meaning set out in Recital (E)(iii).
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New Lessor means the new lessor under an Assigned Lease or Novated Lease.
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New Lessor means the person leasing the Asset to the Lessee of the Asset pursuant to the relevant Lease or, if there is an Intermediate Lessor leasing the Asset to a Lessee pursuant to a Lease, the person leasing the Asset to the Intermediate Lessor.
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New Lessor means The Fxxxxxx Family Limited Partnership, a California limited partnership.
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Related to New Lessor

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • New Lease Any lease of 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.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Truck lessor means a person who holds the legal title to any motor vehicle, trailer, or semitrailer

  • Sublessor means one who conveys real property by sublease."

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 32 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • Landlord shall have the meaning given such term in the preambles to this Agreement and shall also include their respective permitted successors and assigns.

  • 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).

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • Mortgagee The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

  • First Mortgagee means the holder of any First Mortgage.

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

  • 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:

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.