Phase II Mall definition

Phase II Mall means the Phase II Mall Space (a portion of which shall be initially leased by Phase II Mall Subsidiary from LCR pursuant to the Phase II Mall Lease and eventually transferred from LCR to Phase II Mall Subsidiary upon its designation as one or more separate legal parcels in accordance with the Disbursement Agreement to become the Phase II Mall Air Parcel, a portion of which shall be leased by Phase II Mall Subsidiary pursuant to the Walgreens Lease and a portion of which shall be leased by Phase II Mall Subsidiary pursuant to the Master Lease) and the Phase II Mall Improvements located therein, in each case to be integrated with the Phase II Hotel/Casino and the Existing Facility.
Phase II Mall means a commercial mall facility to be built in connection with the Phase II Project to be located within certain airspace within the Phase II Project a portion of which (i) has been leased by Phase II Mall Subsidiary from LCR pursuant to the Phase II Mall Lease and which shall eventually be transferred from LCR to the Phase II Mall Subsidiary upon its designation as a separate legal parcel in accordance with the Disbursement Agreement, (ii) has been leased by Phase II Mall Subsidiary pursuant to the Walgreens Lease, and (iii) shall be leased by Phase II Mall Subsidiary from LCR pursuant to the Master Lease.
Phase II Mall shall have the meaning set forth in WHEREAS clause K.

Examples of Phase II Mall in a sentence

  • Settlement Agreement dated June 24, 2011 by and among Venetian Casino Resort, LLC, Phase II Mall Holding, LLC, GGP Limited Partnership, Phase II Mall Subsidiary, LLC and Grand Canal Shops II, LLC.

  • Notwithstanding anything to the contrary in this subsection 7.3, any cash Investments made in either Phase II Mall Borrower shall be made in the form of intercompany loans from Venetian to the Phase II Mall Subsidiary and shall increase the principal amount of the Intercompany Mall Note by the amount of such Investment.

  • The Phase II Hotel/Casino will also be integrated with an enclosed mall with retail shops and restaurants of approximately 375,000 net leasable square feet (the "Phase II Mall").

  • Mall II Buyer and Developer shall jointly cause each such Tenant to furnish certificates evidencing all such insurance coverages to Developer before such Tenant starts work in the Phase II Mall.

  • The Borrowers agree that, upon request to the Administrative Agent by any Lender, the Borrowers will execute and deliver to such Lender a Note evidencing the Loans made by, and payable to the order of, such Lender in a maximum principal amount equal to such Lender’s Percentage of the Phase II Mall Construction Loan.

  • If Tsunami does surrender all or a portion of its leasehold interest, then the surrendered portion anticipated to be used for the anchor tenant shall be considered part of the Phase II Mall.

  • Without limiting the foregoing, Mall II Buyer acknowledges and agrees that, except as expressly set forth in this Agreement, Developer is not liable for or bound by (and Mall II Buyer has not relied upon) any verbal or written statements, representations, or offering materials or any other information respecting the Phase II Mall or the Palazzo Casino Resort furnished by Developer or any broker, employee, agent, consultant or other person representing or purportedly representing Developer.

  • The Borrowers shall (i) subject to the terms of the Disbursement Agreement, apply Net Loss Proceeds to restore, replace or rebuild the Phase II Mall in accordance with the Cooperation Agreement and (ii) apply any Net Loss Proceeds not applied as provided in clause (i) to prepay the Loans in accordance with subsection 2.4A(iii) hereof.

  • Assignor has no knowledge of any breach by Mall II Buyer of any of Mall II Buyer’s obligations under the Phase II Mall Sale Agreement as of the date hereof.

  • On or prior to January 29, 2005 (time being of the essence), the Administrative Agent shall have received executed counterparts from GGP, LCR and the Borrowers of the Phase II Mall Recognition Agreement and any supplements or amendments thereto, all of which shall have been duly authorized, executed and delivered by the parties thereto, and shall be certified by an Authorized Officer of each of the Borrowers and LCR as being true, complete and correct and in full force and effect.


More Definitions of Phase II Mall

Phase II Mall shall have the meaning set forth in WHEREAS clause L.
Phase II Mall means the Phase II Mall Space (a portion of which shall be initially leased by Phase II Mall Subsidiary from LCR pursuant to the Phase II Mall Lease and eventually transferred from LCR to Phase II Mall Subsidiary upon its designation as one or more separate legal parcels in accordance with the Disbursement Agreement to become the Phase II Mall Air Parcel, a portion of which shall be leased by Phase II Mall Subsidiary pursuant to the Walgreens Lease and a portion of which shall be leased by PhaseII Mall Subsidiary pursuant to the Master Lease) and the Phase II Mall Improvements located therein, in each case to be integrated with the Phase II Hotel/Casino and the Existing Facility.
Phase II Mall has the meaning given in the recitals to this Agreement.
Phase II Mall means a commercial mall facility to be built in connection with the Phase II Project to be located within certain airspace within the Phase II Project a portion of which (i) has been leased leased by Phase II Mall Subsidiary from LCR pursuant to the Phase II Mall Lease and which shall eventually be transferred from LCR to the Phase II Mall Subsidiary upon its designation as a separate legal parcel in accordance with the Disbursement Agreement, (ii) has been leased by Phase II Mall Subsidiary pursuant to the Walgreens Lease, and (iii) shall be leased by Phase II Mall Subsidiary from LCR pursuant to the Master Lease.

Related to Phase II Mall

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Phase or “Phases” in respect of the Project shall mean that the components of the Project are placed in service during more than one year during the Investment Period, and the word “Phase” shall therefore refer to the applicable portion of the Project placed in service in a given year during the Investment Period.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Construction Completion Certificate means a certificate of the I-Bank to the effect that the construction of the Project is complete.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Tourism destination project means a qualified non-gaming business facility that will be among the most visited privately owned or operated tourism or recreation sites in the State, and which is located within the qualified incentive area and has been determined by the authority to be in an area appropriate for development and in need of economic development incentive assistance, including a non-gaming business within an established Tourism District with a significant impact on the economic viability of that District.

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Construction Consultant means a third-party architect or engineer selected and retained by Funding Lender, at the cost and expense of Borrower, to monitor the progress of construction and/or rehabilitation of the Project and to inspect the Improvements to confirm compliance with this Borrower Loan Agreement.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Access Road means Kuchha road connecting excavating pit to mine approach road.

  • Lateral Access Roads has the meaning given in subclause (3)(a)(iv));

  • Project Engineer means the surveyor or engineer employed by or private

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Project Architect means the professional architect or engineer employed by the Owner as architect or engineer of record for the Project and its consultants.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.