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PERMITS ASSIGNMENT definition

PERMITS ASSIGNMENT. The Collateral Assignment of Permits, Licenses and Contracts of even date granted by Lessee to Lessor.
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PERMITS ASSIGNMENT. The Collateral Assignment of Permits and Contracts of even date granted by the Lessee to the Lessor. Permitted Encumbrances: Collectively, those agreements, covenants and Liens to which this Lease is expressly subject, whether presently existing, as are listed on EXHIBIT B or which may hereafter be created in accordance with the terms hereof.
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PERMITS ASSIGNMENT. The Collateral Assignment of Permits, Licenses and Contracts of even date granted by Lessee to Lessor. PERMITTED ENCUMBRANCES: As defined in Section 10.1.18. PERMITTED PRIOR SECURITY INTERESTS: As defined in Section 6.1.2. PERSON: Any individual, corporation, general partnership, limited partnership, joint venture, stock company or association, company, bank, trust, trust company, land trust, business trust, unincorporated organization, unincorporated association, Governmental Authority or other entity of any kind or nature. PLANS AND SPECIFICATIONS: As defined in Section 13.1.2. PRIMARY INTENDED USE: The use of the Facility as an assisted living facility with a total of 71 units and having 80 fully licensed beds or such additional number of units or beds as may hereafter be permitted under this Lease, and such ancillary uses as are permitted by law and may be necessary in connection therewith or incidental thereto. PRIME RATE: The variable rate of interest per annum from time to time announced by the Reference Bank as its prime rate of interest and in the event that the Reference Bank no longer announces a prime rate of interest, then the Prime Rate shall be deemed to be the variable rate of interest per annum which is the prime rate of interest or base rate of interest from time to time announced by any other major bank or other financial institution reasonably selected by Lessor. PRINCIPAL PLACE OF BUSINESS: As defined in Section 10. 1.28. PROCEEDS: As defined in the UCC. PROVIDER AGREEMENTS: All participation, provider and reimbursement agreements or arrangements, if any, now or hereafter in effect for the benefit of Lessee or any Sublessee in connection with the operation of the Facility relating to any right of payment or other claim arising out of or in connection with Lessee's or such Sublessee's participation in any Third Party Payor Program. 17
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Examples of PERMITS ASSIGNMENT in a sentence

  • THE GOOD FAITH REQUIREMENT IS ONE OF THE ISSUES WE TALK ABOUT, BUT THE STATUTES PERMIT ASSIGNMENT AS LONG AS THE INSURER PERMITS ASSIGNMENT.

  • PERMITS ASSIGNMENT: The Collateral Assignment of Permits, Licenses and Contracts of even date granted by Lessee to Lessor.


More Definitions of PERMITS ASSIGNMENT

PERMITS ASSIGNMENT has the meaning set forth in §2(k)(i)(E).
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PERMITS ASSIGNMENT. The Amended and Restated Collateral Assignment of Permits, Licenses and Contracts of even date granted by the Lessee to the Lessor.
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PERMITS ASSIGNMENT. As defined Section 4.1.
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PERMITS ASSIGNMENT. The Collateral Assignment of Permits, Licenses and Contracts of even date granted by Lessee to Lessor. PERMITTED ENCUMBRANCES: As defined in Section 10.1.18. PERMITTED PRIOR SECURITY INTERESTS: As defined in Section 6.1.2. PERSON: Any individual, corporation, general partnership, limited partnership, joint venture, stock company or association, company, bank, trust, trust company, land trust, business trust, unincorporated organization, unincorporated association, Governmental Authority or other entity of any kind or nature. PLANS AND SPECIFICATIONS : As defined in Section 13.1.3. PRE-CONVERSION BASE RENT: As defined in Section 3.1. PRE-CONVERSION RENT ADJUSTMENT RATE: 175 basis points over the Prime Rate. POST-CONVERSION BASE RENT: As defined in Section 3.1. PRIMARY INTENDED USE: The use of the Facility as an assisted living facility with one hundred ( 100) fully licensed units, one hundred four ( 104) beds or such additional number of units or beds as may hereafter be permitted under this Lease, and such ancillary uses as are permitted by law and may be necessary in connection therewith or incidental thereto. Notwithstanding the foregoing, Lessee may increase the number of beds to up to one hundred thirty-four (134) provided that all necessary federal, state and local approvals, licenses and permits are obtained and as long as such increase does not require any changes to the Facility that deviate from the approved Construction Improvement Plans dated June 9,1997.
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PERMITS ASSIGNMENT. The Amended and Restated Collateral Assignment of Permits, Licenses and Contracts dated as of April 30, 1997 granted by the Lessee to the Lessor, as may be amended from time to time.
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Related to PERMITS ASSIGNMENT

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • First Assignment means: the relevant Assignment; orif, prior to the relevant Assignment:

  • Intellectual Property Assignment Agreement means, with respect to each Specified Business, an agreement in form and substance reasonably acceptable to Seller and Buyer, providing for the assignment of the Transferred Intellectual Property Related to such Specified Business.

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Intellectual Property Assignment has the meaning set forth in Section 3.02(a)(iii).

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the Internal Revenue Code.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • term assignment means, in relation to an employee, i. a term assignment within the meaning of the local collective agreement, or ii. where no such definition exists, a term assignment will be defined as twelve (12) days of continuous employment in one assignment

  • General Assignment means, in relation to a Ship, a general assignment of the Earnings, the Insurances and any Requisition Compensation in the Agreed Form;

  • Intellectual Property Assignments has the meaning set forth in Section 3.02(a)(iv).

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Patent Assignment Agreement means the Patent Assignment Agreement attached hereto as Exhibit G.

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Addendum and Assignment Agreement The Addendum and Assignment Agreement, dated as of January 31, 1995, between MLCC and the Master Servicer.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

Most Referenced Clauses

Most Referenced Definitions