Option Leases definition

Option Leases means all oil, gas and/or mineral leases (other than Existing Leases) that are (i) listed on Schedule 5.7, or (ii) acquired by Seller on or after the Effective Time but prior to Closing and covering lands located within the boundaries of a DSU that includes lands covered by any Existing Lease, but only to the extent any such oil, gas and/or mineral leases covers lands located within the boundaries of any such DSU.
Sample 1Sample 2Sample 3
Option Leases means, collectively, the Abington Stop & Shop Lease, the Hyannis Stop & Shop Lease, the Mansfield Stop & Shop Lease, the Meriden Stop & Shop Lease, the Norwell Stop & Shop Lease, the Sandwich Stop & Shop Lease and the Xxxxxxx Stop & Shop Lease.
Sample 1
Option Leases has the meaning set forth in Section 10.4(a).
Sample 1

Examples of Option Leases in a sentence

  • For purposes of the this Section 5.7(a), the execution of this Agreement shall serve as written notice to Buyer of the Option Leases set forth on Schedule 5.7, provided that on the Execution Date, Seller shall deliver to Buyer the acquisition documents and any other documents or materials in Seller’s possession relating to the Option Leases.

  • Schedule 5.7 sets forth the Option Leases purchased by Seller prior to the Execution Date.

  • The (i) Building 5 Lease and the Building 6 Lease are hereinafter collectively referred to as the “Initial Leases”; (ii) the (a) Building 3 Lease, (b) Building 3 and 4 Leases, or (c) Building 3A Lease, as the case may be, is hereinafter referred to as the “Option Lease;” and (iii) the Initial Leases (Buildings 5 and 6 Leases) and the Option Lease(s) are hereinafter collectively referred to as the “Leases”.

  • Schedule 5.3.1 -- Monthly Payments for Option Leases Available upon request.

  • It is contemplated that the Option Leases will be amended to provide, among other amendments, that the extension payment will be increased to up to $40 per Net Leasehold Acre covered by such leases.

  • Other than (i) this Agreement and (ii) the Option Leases, the Sellers are not party to any agreement of any kind or nature whatsoever to sell any portion of the Assets (including, without limitation, any right of first refusal or purchase option).

  • The Amended and Restated Master Lease shall be executed effective as of the date of the completion of the Conversion (as defined in the Notes) and shall be substantially in the form of this Lease, except that the "Base Annual Rental" payable under the Amended and Restated Master Lease shall equal the sum of the Base Annual Rental payable under this Lease and the "Base Annual Rental" payable under the other Conversion Option Leases.

  • Regardless of whether Newco directs Best to reject any one or more Option Leases at any time, the cost and expense of the rejection at any time of any one or more Option Leases, including the filing and prosecuting of any motions or other papers with respect to the same, shall be borne solely by Best and its chapter 11 estate and paid for solely by Best and its chapter 11 estate.

  • Carrizo agrees to bear and pay two thirds of such additional extension payments and Seller agrees to bear and pay one third of such additional extension payments (in each case, up to but not in excess of $40 per Net Leasehold Acre covered by such Option Lease) if and when such additional extension payments are made to the lessors of the Option Leases, provided that such additional payments are made on or before the first anniversary of the Effective Date.

  • What types of agreements qualify for a Section 179 deduction?• Equipment financing agreement• Equipment leases with a $1.00 purchase option (aka Capital Leases)• Loan Agreement What type of purchase does NOT qualify for Section 179 deduction?Operating Leases — those with a purchase option (i.e.,10% Purchase Option Leases, Fair Market Value Leases) at the end of the agreement.

Related to Option Leases

  • 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.

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

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • 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:

  • Lease Agreements shall have the meaning set forth in Section 3.14.

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

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Other Leases means, collectively, the Lease Agreements between Landlord, or an Affiliate of Landlord, and Tenant with respect to the properties described on Exhibit B, but excluding any Lease Agreements terminated pursuant to their terms or by mutual agreement of the parties.

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

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

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Subleases means the Sublease(s) of even date herewith by and between the District and Contractor together with any duly authorized and executed amendment hereto under which the District subleases the Site from the Contractor.

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

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

  • 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.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.

  • Facility Leases means all of the leases of Facilities listed on Schedule 3.7 of the Disclosure Schedules.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • 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).

  • 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.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Base Lease means the Base Lease Agreement delivered concurrently with this Lease between the Company and the Issuer.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).