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
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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.
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Phase Lease means the lease in the form attached to this Deed at Appendix [x] Plan means the plan attached to this Deed.
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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 agreements as set out in the report.

  • 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.

  • 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.

  • Commented [Dentons1]: Drafting Note: This is to be the form of Phase Lease annexed to the S106 Agreement dated 6 August 2010 relating to planning permissions 07/0620/OUT and 09/0272/FULPhase Lease means the lease in the form attached to this Deed at Appendix [x] Plan means the plan attached to this Deed.

  • The parties to the Master Development Agreement (MDA) have successfully negotiated the business terms of the agreement, and are in the process of completing work on the various related agreements such as the Purchase Contract, Phase Lease, and Project Control Agreement.

  • 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 documents.

  • 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.

  • 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.

Related to Phase Lease

  • 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:

  • Lease means any and all leases, subleases, licenses or other occupancy agreements, sale/leaseback arrangements or similar arrangements.

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