Parcel Lease definition

Parcel Lease means a contract in the form set forth as an exhibit to the DDA by which the Port will convey a leasehold interest in a Taxable Parcel to a Vertical Developer.
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Parcel Lease means a lease whereby the Owner of such Parcel conveys to the lessee thereunder a leasehold estate and estate for years in and to a Parcel.
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Parcel Lease means a contract in the form set forth as an exhibit to the DDA by which the
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Examples of Parcel Lease in a sentence

  • Notwithstanding anything to the contrary herein, in the event that any dispute hereunder relates to matters directly addressed in any Parcel Lease, the matter shall be resolved pursuant to such Parcel Lease.

  • The Severance Lease and the Balance Lease shall be executed and delivered simultaneously with the closing of a construction loan or other financing for the construction of the Project located on the premises demised under the Parcel Lease.

  • Legacy Tenant, an indirect subsidiary of Legacy Yards, entered into that certain Agreement of Severed Parcel Lease (Eastern Rail Yard Section of the Xxxx X.

  • Legacy Yards Tenant, LLC, a Delaware limited liability company (“Legacy Tenant”), an indirect subsidiary of the Legacy Yards, entered into that certain Agreement of Severed Parcel Lease (Eastern Rail Yard Section of the Xxxx X.

  • Legacy Yards Tenant LLC, a Delaware limited liability company (“Legacy Tenant LLC”), an indirect, wholly-owned subsidiary of the Building C JV, entered into that certain Agreement of Severed Parcel Lease (Eastern Rail Yard Section of the Xxxx X.

  • Any Parcel Lease for a Garage Parcel shall include provisions with respect to the Event Management Plan as described below.

  • Upon written request, the Owner may elect to provide to the Office Tenant a copy of each Development Parcel Lease.

  • The Development Parcel Lease will provide for a rental rate of $1.00 per year and will be a “Triple Net” lease, such that Purchaser will pay all costs and expenses associated with the Development Parcel (excluding debt service of Seller) including, without limitation, maintenance, insurance and taxes with respect to the Development Parcel.


More Definitions of Parcel Lease

Parcel Lease means any separate Parcel Lease with respect to an Airspace Lot as defined in and made pursuant to Section of the Existing Ground Lease and in any Parcel Lease created pursuant to a Ground Lease.
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Parcel Lease as defined in Section 2.7(a)(iv).
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Parcel Lease is defined in Recital F.
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Related to Parcel Lease

  • 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:

  • 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).

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

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

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

  • Parcel 2 A NON-EXCLUISVE EASEMENT FOR INGRESS AND EGRESS OVER LOT 11 OF RENWICK PLAXX, XXXXX X XXXXXXXXXXX XX PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEROF RECORDED AUGUST 14, 1998, AS DOCUMENT NUMBER R98-094653, AND OVER LOT 15 IN THE RESUBDIVISON OF LOT 8 OR RENWICK PLACE, BEING A XXXXXXIVISION OF PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED DECEMBER 29, 1999, AS DOCUMENT R99-157784, IN WILL COUNTY, ILLINOIS. PARCEL 3: A NON-EXCLUSIVE EASEMENT FOR PARKING OVER ALL LOTS CONTAINED IN RENWICK PLACE, BEING A SXXXXXXXION OF PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED AUGUST 14, 1998, AS DOCUMENT NUMBER R98-094653, AND THE RESUBDIVISION OF LOT 8 OF RENWICK PLACX, XXXXX X XXXXXXXXXXXXX OF PART OF THE NORTHWEST 1/4 OF SESCTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED DECEMBER 29, 1999, AS DOCUMENT R99-157784, IN WILL COUNTY, ILLINOIS, AND AMENDED BY AMENDEMENT TO THE EASEMENTS OF RENWICK PLACE, AND THE XXXXX AND PROVISIONS CONTAINED THEREIN, RECORDED NOVEMBER 25, 1998 AS DOCUMENT R98-141755.

  • 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.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • 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.

  • 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.

  • 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.

  • 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.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • 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.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • 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.

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

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Utility easement means a right held by a facility operator to install, maintain, and access an underground facility or pipeline.

  • special lease means a special lease or license to be granted in terms of this Agreement under the Ratifying Act the Land Act or the Xxxxxxx Xxx 0000 and includes any renewal thereof; “this Agreement” “hereof” and “hereunder” include this Agreement as from time to time added to varied or amended;