Permitted Subleases has the meaning assigned thereto in Section 8.3 of the Lease.

Permitted Subleases means the master subleases of even date herewith of all the Properties by Lessee, as sublessor, to the Permitted Sublessees, as sublessees.

Permitted Subleases means, collectively, the Master Subleases dated as of the date of this Agreement to be executed by SL Properties, as lessor and the Permitted Sublessees, as lessees, with respect to the Properties.

Examples of Permitted Subleases in a sentence

Lessee shall be entitled, without the prior approval of Lessor, to enter into Permitted Subleases.
The Permitted Subleases at all times shall automatically be subordinate to this Lease and the Mortgages.
Tenant shall surrender actual and exclusive possession of the entirety of the Premises to Landlord at the end of the Term, in good condition, subject to reasonable wear and tear, subject only to such tenancies and occupancies permitted to remain in effect beyond the expiration of the Term to which Landlord has previously agreed in writing and Permitted Subleases.
After the execution and delivery of the deeds described in Section 11.A, Sellers will have no legal or equitable interest or any other claim or interest in any of the Properties other than as set forth in the Lease and Permitted Subleases.
Tenant agrees to promptly notify Landlord in writing of all Permitted Subleases the Tenant enters into under this Lease.

More Definitions of Permitted Subleases

Permitted Subleases shall have the meaning assigned thereto in Section ------------------- 8.3 of the Lease.

Permitted Subleases shall have the meaning specified in Section 21 of the Lease.

Permitted Subleases means [i] the leases with respect to the Facilities which were put in place prior to the Original Effective Date or, with respect to a Facility not subject to this Lease on the Original Effective Date, the date that such Facility became subject to this Lease, which, by the execution of this Lease, shall hereafter be subleases, each of which is listed on Exhibit J attached hereto; [ii] Occupancy Agreements which comply with the terms hereof, [iii] each sublease, license, use and/or occupancy agreement entered into with Affiliates of Tenant which comply with the terms hereof, including, without limitation, each Facility Sublease, and [iv] each arm’s length sublease, license, use and/or occupancy agreement that is not otherwise permitted by the foregoing clauses that is entered into by Tenant or any Subtenant with any Person for the provision of services to occupants of the Facility (e.g., subleases for hospice services, dialysis, cafes and beauty shops); provided, however, in no event shall any Permitted Subleases under this clause [iv] demise the use of more than 10% of any Facility’s floor space.

Permitted Subleases means those Sublease Agreements, dated as of the date hereof, between Tenant, as sublandlord, and the Permitted Subtenants, as tenant.

Permitted Subleases means that certain sublease dated December__, 2001, made by Mercury Air Group, Inc., a Delaware corporation, as Lessor, demising a portion of the Property to Permitted Sublessee.

Permitted Subleases are written subleases pursuant to which Seller, as sub-landlord, subleases a portion of a Leased Qualifying Property to third party tenants, provided that Permitted Subleases shall not include any subleases where the sub-tenant is paying no or nominal rent or other than a month-to-month basis, unless Buyer, prior Operations Closing Date for the Leased Qualifying Property, notifies Seller in writing of Buyer's election to accept such sublease as a Permitted Sublease. In the event Buyer elects not to accept such sublease, Buyer will be obligated to assume the Lease for the Leased Qualifying Property if the sub-tenant is removed by Seller prior to the Lease Transfer Date or, if applicable, Extended Lease Transfer Date. In the event Seller is unable to remove the sub-tenant by such date, Seller may withdraw the Leased Qualifying Property from this Agreement. From and after the Offering Date, Seller shall not enter into any subleases or other occupancy agreements (or amendments of any existing subleases or other occupancy agreements) at any Leased Qualifying Property without Buyer's prior written consent, which consent may be given or withheld in Buyer's sole discretion.

Permitted Subleases means the subleases by the Borrower of real properties (and related equipment and fixtures) owned by Realco pursuant to clauses (j) or (l) of Section 7.2.11."