Port Authority Lease definition

Port Authority Lease means the Lease Agreement between the Port Authority and Spicer Driveshaft, Inc. (n/k/a Debtor Torque-Traction Technologies, LLC), dated October 1, 2002, as amended in accordance with the Port Authority Settlement Agreement.
Sample 1Sample 2Sample 3
Port Authority Lease has the meaning set forth in Section 4.15(f).
Sample 1Sample 2Sample 3
Port Authority Lease means the Lease Agreement among the Port Authority, as lessee, Hammond and DMS, as lessor, dated as of June 30, 1989, as the same has been or may hereafter be amended or modified.
Sample 1

Examples of Port Authority Lease in a sentence

  • To the extent that Developer incurs reasonable costs in remedying or causing to be remedied any default by the Port Authority under the Trust Indenture, the Ground Lease, the Port Authority Lease or the HPA Sublease, such reasonable costs shall be credited against the obligations of the Developer to make the Passenger Payment pursuant to Section 5.01 of this Agreement.

  • With respect to the use of the Terminal 4 Facilities, Airline agrees to observe and perform all of the terms, provisions, covenants and conditions contained in the Port Authority Lease which JFK IAT as “Lessee” is obligated to observe and perform and that relate to Airline’s conduct and use of Terminal 4.

  • This Agreement shall be and remain subordinate to the provisions of the Port Authority Lease and the letting hereunder shall terminate with the termination or expiration of the Port Authority Lease between the Port Authority and JFK IAT, such termination to be effective on such date and to have the same effect as if the term of the letting had on that date expired.

  • The Redevelopment Commission shall ------------ -------------- reasonably cooperate and assist the Developer in its efforts to obtain a nondisturbance and attornment agreement from the Port Authority and DMS with respect to the Developer's rights under the Sublease in the event that the Ground Lease and/or Port Authority Lease shall be terminated prior to the expiration of the term of the Sublease.

  • The Port Authority hereby represents that there are no uncured defaults or matters which, with the passage of time or the giving of notice, would ripen into defaults with respect to the HPA Footprint Sublease or the HPA Parking Lease, and that it has not received written notice of any default with respect to the Ground Lease, the Port Authority Lease, the Trust Indenture or any other agreements that would impact the ability of the Port Authority to perform its obligations hereunder.

  • The Developer shall not (a) cause or permit any nuisance (public or private) to occur or exist in or upon the Xxxxxxx Xxxxxx, (b) permit the use of the Xxxxxxx Xxxxxx for any lewd or lascivious purpose, (c) commit any act or take any action that would constitute a breach of or default under the Clipper Lease, the Clipper Removal Agreement, the Ground Lease, the Port Authority Lease or the Trust Indenture, or (d) place any vending machine or similar equipment in or on the Xxxxxxx Xxxxxx.

  • Nothing herein contained shall require the Developer to cure or undertake to cure any default of the Port Authority under the Trust Indenture, the Ground Lease, the Port Authority, the Port Authority Lease or the HPA Sublease.

  • Sublessor is the tenant under a certain Agreement of Lease between the Port Authority of New York and New Jersey ("the Port Authority") Lease No. A YB-970 (as the same may hereafter be amended, the "Lease") dated June 4, 1991 and covering certain premises at Building No, 14, Xxxx X.

  • The Port Authority shall give the Developer prompt written notice of (a) each notice of default given to the Port Authority by DMS under the Ground Lease or the Port Authority Lease, by the Trustee under the Trust Indenture or by the Commission under the HPA Footprint Sublease or the HPA Parking Lease, and (b) each notice of default given by the Port Authority to DMS under the Ground Lease or the Port Authority Lease or to the Commission under the HPA Footprint Sublease or the HPA Parking Lease.


More Definitions of Port Authority Lease

Port Authority Lease means the Lease, dated as of October 1, 1996, between the Tolexx-Xxxxx Xxxnty Port Authority, as lessor, and Lessee, as lessee, as amended by the First Supplemental Lease, dated as of April 1, 1997, between National City Bank, as trustee, as lessor (as assignee of all of the lessor's rights from the Tolexx-Xxxxx Xxxnty Port Authority), relating to certain real and personal property located at 14710 Xxxx Xxxxxxx Xxxxx X. Xxxx, Xxxxxx Xxxxxxxx, Ohio 43416;"
Sample 1
Port Authority Lease means the Lease Agreement dated April 27, 1978 between Manatee County Port Authority and the Company, as amended by the Port Manatee Lease Modification Agreement, dated May 3, 1990, between Manatee County Port Authority and the Company and the Port Manatee Lease Modification Agreement, dated January 20, 2000, between Manatee County Port Authority and the Company, pursuant to which the Company leases the Port Manatee Site.
Sample 1
Port Authority Lease means the Lease, dated as of October 1, 1996, between the Tolexx-Xxxxx Xxxnty Port Authority, as lessor, and Lessee, as lessee, relating to certain real and personal property located at the Elmoxx Xxxject; Potential Default means an event, condition or thing which constitutes, or which with the lapse of any applicable grace period or the giving of notice or both would constitute, a Default referred to in Section XI and which has not been appropriately waived in writing in accordance with this Agreement or fully corrected, prior to becoming an actual Default, to the full satisfaction of Lessor;
Sample 1

Related to Port Authority Lease

  • Port Authority means the Port Hedland Port Authority, being the body corporate established for the Port under the Port Authorities Act;

  • Airport Authority means any city or any public or private board or other body or organization chartered or otherwise established for the purpose of administering, operating or managing airports or related facilities, which in each case is an owner, administrator, operator or manager of one or more airports or related facilities.

  • 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.

  • 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:

  • 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;

  • 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.

  • 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.

  • 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.

  • Qualified airport authority means an airport authority

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Occupancy Permit means a document authorizing the use of a development undertaken in accordance with a development permit issued pursuant to this Land Use Bylaw;

  • 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).

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

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • 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.

  • Permitted Sublease means a sublease permitted under Section 7.2.7 of the Lease.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

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

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

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

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

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • Building Permit means a permit for the construction of one or more Units, issued by the City, or other public agency in the event the City no longer issues said permits for the construction of Units within CFD No. 11. For purposes of this definition, "Building Permits" shall not include permits for construction or installation of commercial/industrial structures, parking structures, retaining walls, and utility improvements not intended for human habitation.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

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