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Phase Lease definition

Phase Lease means a lease or leases to be granted by the Council in respect of the relevant Phase Lease Land substantially in the form attached at Appendix 7 with such amendments as shall be agreed between the Council and the Partner in accordance with this Agreement
Phase Lease means each lease now or hereafter made between Landlord or any Landlord Affiliate and Tenant or any Affiliate and which is included within the Current Phase as amended, modified, extended or renewed from time to time.
Phase Lease means the lease in the form attached to this Deed at Appendix [x] Plan means the plan attached to this Deed.

Examples of Phase Lease in a sentence

  • The Development Agreement sets out in the process for satisfying the conditions precedent and provides that once satisfied a Phase Lease and Works Agreement is to be entered into for each phase.

  • To delegate authority to the Executive Director of Regeneration and Environment, acting in consultation with the Executive Director of Finance, Resources and Customer Services to enter into the relevant Supplemental Development Agreement and Phase Lease documents, and to report back to Cabinet.

  • To delegate authority to the Executive Director of Regeneration and Environment, acting in consultation with the Executive Director of Finance, Resources and Customer Services, to enter into the relevant Supplemental Development Agreement and Phase Lease agreements as set out in the report.

  • As further detailed in the “Schedule of Values” section of Exhibit G to the Facilities Lease, the Contractor must provide separate schedule(s) of values for each phase as applicable (i.e., Preconstruction Phase, Construction Phase (Tenant Improvement Payments, Post-Construction Phase, (Lease Payments and Interest Due on Lease Payments) approved by the District, which are attached hereto as Exhibit E (“Schedule(s) of Values”).

  • If this Lease is terminated with respect to a Facility subject to a taking as described in this section, Landlord may, at its option, terminate each Phase Lease.

  • Accordingly, as each Phase Lease is closed, the current, Term, Expiration Date, Renewal Date, and option exercise periods under this Lease will be extended to be coterminous with the most recently closed Phase Lease.

  • Notwithstanding the foregoing, until Guarantor closes the Guarantor Option, an Event of Default shall not arise as a result of a default by Tenant, any Affiliate, Guarantor, or any Guarantor Affiliate under other leases with Landlord or any Landlord Affiliate unless such lease is a Phase Lease.

  • Accordingly, as each Phase Lease is closed, the current Term, Expiration Date, Renewal Date and option exercise periods under this Lease will be extended to be coterminous with the most recently closed Phase Lease.

  • To note that Cabinet (13 July 2017) had agreed to delegate authority to the Executive Director of Regeneration and Environment, acting in consultation with the Executive Director of Finance Resources and Customer Services, to enter into the relevant Supplemental Development Agreement and Phase Lease agreements as set out in the part 2 report.

  • As further detailed in the “Schedule of Values” section of Exhibit G to the Facilities Lease, the Contractor must provide separate schedule(s) of values for each phase as applicable (i.e., Preconstruction Phase, Construction Phase (Tenant Improvement Payments, Post-Construction Phase, (Lease Payments and Interest Due on Lease Payments) accepted by the District, which are attached hereto as Exhibit E (“Schedule(s) of Values”).

Related to Phase Lease

  • Base Lease means the Base Lease Agreement delivered concurrently with this Lease between the Company and the Issuer.

  • 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).

  • 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:

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

  • Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

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

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any real property for any period of time.

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

  • 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.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • 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.

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

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

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

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • 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;

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Leased space means the individual storage space at the self-service facility which is rented to an occupant pursuant to a rental agreement.

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