Occupational Leases definition

Occupational Leases means all leases, licences, agreements for lease or licence and other agreements for the occupation, possession or use of the whole or any part or parts of the Mortgaged Property subject to which the interest of the Mortgagor in the Mortgaged Property is now or from time to time hereafter held and “Occupational Lease” means any of them;
Occupational Leases means tenants with occupational lease agreements. It counts separately Tenants occupying more than one unit and/or storage areas.
Occupational Leases means the leases, licences and other tenancy agreements to which the Properties are subject (and all documents supplemental thereto, whether expressed to be supplemental thereto or not) and “Occupational Lease” means any of them.

Examples of Occupational Leases in a sentence

  • As soon as reasonably practicable following receipt and in any event within ten (10) Business Days, the Seller shall procure payment of any refund of premium received by the Seller to the tenants of the Occupational Leases in proportion to the contribution to the premium which the tenant of the Occupational Leases has paid in advance to the Company.

  • A Target Company or a Business Vendor is in possession of the whole of each of the Material and Minor Properties, none of which is vacant, and no other person is in (or actually or conditionally entitled to) possession, occupation, use or control of any of the Material and Minor Properties save as may be set out in paragraph (e) "Occupational Leases" of Part A of Schedule 13 (if any) and save as may be set out in the relevant columns of the tables at Parts A1 and A2 of Schedule 13 (if any).

  • OCCUPATIONAL TENANT: a tenant under one of the Occupational Leases and OCCUPATIONAL TENANTS means each Occupational Tenant under the Occupational Leases.

  • The Buyer will give written notice of this deed to the tenants under the Occupational Lease[s] within [five (5)] working days after the date of this deed.

  • Apportionment of rent due under the Occupational Leases In this clause the following definitions apply: Occupational Lease Rent: the annual rent reserved by each of the Occupational Leases.


More Definitions of Occupational Leases

Occupational Leases means the leases, underleases, tenancy agreements, licences and any other documents granting Occupational Tenants the right to occupy and use the whole or any part of the Properties and Occupational Lease shall have the same corresponding meaning.
Occupational Leases has the meaning ascribed to it in the Facility Agreement, and "Occupational Lease" shall be construed accordingly;
Occupational Leases means the leases and letting agreements listed in Schedule 1;
Occupational Leases means the Leases listed at Part 1 of Schedule 7 together with any renewal of them in accordance with Schedule 7
Occupational Leases the First Premises Occupational Leases and the Second Premises Occupational Leases
Occupational Leases means the leases, licenses, agreements for lease all licences and other agreements for the occupation, possession or use of all or any part or parts of the Scheduled Property including those listed
Occupational Leases means all leasehold interests and other occupational rights whatsoever (including, without limitation, all licences and agreements for leases) in existence from time to time relating to the whole or any part of the Property, the immediate reversion to which is vested in the Chargor.