Parent Leased Real Property definition

Parent Leased Real Property shall have the meaning set forth in Section 4.17(b).

Parent Leased Real Property means all of the right, title and interest of Parent under all leases, subleases, licenses, concessions and other agreements, pursuant to which Parent holds a leasehold or sub-leasehold estate in, or is granted the right to use or occupy, any land, buildings, improvements, fixtures or other interest in real property.

Parent Leased Real Property means all interests in real property pursuant to the Parent Leases other than the Parent Oil and Gas Properties and other oil, gas and mineral rights of Parent and its Subsidiaries.

Examples of Parent Leased Real Property in a sentence

• Except as would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect, Parent and each of its Subsidiaries has a good and valid leasehold interest in or contractual right to use or occupy, subject to the terms of the lease, sublease or other agreement applicable thereto, the Parent Leased Real Property, free and clear of all Liens, except for Parent Permitted Liens.

• Except as set forth in the leases or subleases identified in Part 3.9(c) of the Parent Disclosure Schedule, there is no Person in possession of any Parent Leased Real Property other than a Parent Entity.

• Neither Parent nor any of its Subsidiaries is currently subleasing, licensing or otherwise granting any person the right to use or occupy a material portion of the Parent Leased Property that would reasonably be expected to adversely affect the existing use of the Parent Leased Real Property by Parent and its Subsidiaries in the operation of their business thereon.

• Neither Parent nor any of its Subsidiaries has received notice of any pending, and, to the knowledge of Parent, there is no threatened, condemnation proceeding with respect to any Parent Leased Real Property, except such proceeding which would not have, individually or in the aggregate, a Parent Material Adverse Effect.

• Except as would not have, individually or in the aggregate, a Parent Material Adverse Effect, Parent and each of its Subsidiaries has a good and valid leasehold interest, subject to the terms of the Parent Real Property Leases, in each parcel of Parent Leased Real Property, free and clear of all Liens, except for Parent Permitted Liens and Permitted Encumbrances.

More Definitions of Parent Leased Real Property

Parent Leased Real Property means the property covered by Parent Leases under which either of Parent or its Subsidiaries is a lessee.

Parent Leased Real Property has the meaning set forth in Section 4.21(b) of this Agreement.

Parent Leased Real Property means the real property leased by Parent or any of its Subsidiaries as tenant, together with, to the extent leased by Parent or any of its Subsidiaries, all buildings and other structures, facilities or improvements located thereon and all easements, licenses, rights and appurtenances of Parent or any applicable Subsidiary of Parent relating to the foregoing.

Parent Leased Real Property is defined in Section 5.19(a).

Parent Leased Real Property. Section 4.17(b)

Parent Leased Real Property means real property leased, subleased, licensed or otherwise occupied by Parent or its Subsidiaries, as tenant, subtenant, licensee or occupant.

Parent Leased Real Property means each lease pursuant to which any of the Parent Entities leases real property from any other Person for annual rent payments in excess of $500,000.