Predecessor Lease definition

Predecessor Lease. As defined in Section 9.1.
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Predecessor Lease means any lease entered into by Lessee with respect to the Aircraft prior to the Delivery Date.
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Predecessor Lease for purposes of the Pooling and Servicing Agreement, is defined in Section 5.4(a) of the Pooling and Servicing Agreement, and for purposes of the Contribution Agreement, is defined in Section 4.3(a) of the Contribution Agreement.
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Examples of Predecessor Lease in a sentence

  • Each Pool Factor will be initially 1.0000000, and thereafter will decline to reflect reductions in the outstanding principal balance of the applicable class of Notes Predecessor Lease - Section 11.01 hereof.

  • Upon any substitution of Leases in accordance with the provisions of this Section 9, the Seller's and the Servicer's obligations hereunder with respect to the Predecessor Lease shall cease but the Seller and the Servicer shall each thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.

  • The Transferor shall promptly deliver to the Trustee (or a custodian on its behalf) the original executed counterpart of each Substitute Lease and Early Termination Lease assigned to the Issuer pursuant to Section 9.01 hereof and the Issuer shall promptly request the Trustee to deliver to the Transferor the original executed counterpart of each Predecessor Lease for which substitution has been made pursuant to Section 11.01 hereof.

  • Upon any substitution of Leases in accordance with the provisions of this Section 9, the Transferor's and the Servicer's obligations hereunder with respect to the Predecessor Lease shall cease but the Transferor and the Servicer shall each thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.

  • Upon any substitution of Leases in accordance with the provisions of this Section 9, Vendor Services' and the Servicer's obligations hereunder with respect to the Predecessor Lease shall cease but Vendor Services and the Servicer shall each thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.

  • Upon any substitution of Leases in accordance with the provisions of this Article 8, the Servicer's obligations hereunder with respect to the Predecessor Lease shall cease but the Servicer shall thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.

  • The Contributor shall promptly deliver or cause to be delivered to the Servicer the original executed copy of each Substitute Lease assigned to the Contributor pursuant to Section 9.1 hereof and the related Lease File and the Contributor shall promptly request the Servicer to deliver to Vendor Services the original executed copy of each Predecessor Lease for which substitution has been made pursuant to Section 9.1 hereof and the related Lease File.

  • Vendor Services shall promptly deliver to the Servicer the original executed copy of each Substitute Lease assigned to the Contributor pursuant to Section 9.1 hereof and the related Lease File and the Contributor shall promptly request the Servicer to deliver to Vendor Services the original executed copy of each Predecessor Lease for which substitution has been made pursuant to Section 9.1 hereof and the related Lease File.

  • Upon any substitution of Leases in accordance with the provisions of this Article V, the Transferor's obligations hereunder with respect to the Predecessor Lease shall cease but the Transferor shall thereafter have the same obligations with respect to the Substitute Lease substituted as it has with respect to all other Leases subject to the terms hereof.

  • The Seller shall promptly cause to be delivered to the Trustee (or a custodian on its behalf) the original executed counterpart of each Substitute Lease and Additional Lease assigned to the Transferor pursuant to Section 5.01 hereof and the Transferor shall promptly request the Trustee to deliver to the Seller the original executed counterpart of each Predecessor Lease and each Early Termination Lease for which substitution or an addition has been made pursuant to Section 7.01 hereof.


More Definitions of Predecessor Lease

Predecessor Lease as defined in Section 5.01 hereof.
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Predecessor Lease as defined in Section 5.01 hereof. Schedule of Leases - the schedule of Leases, annexed hereto as Schedule 1 as may be amended from time to time. Servicing Agreement - the Servicing Agreement dated as of August 1, 1999 among Charter Equipment Lease 1999-1 LLC, LaSalle Bank National Association, as Trustee and Charter Financial, Inc. as the same may be amended or modified from time to time in accordance with the provisions hereof and thereof. Substitute Lease - as defined in Section 5.01 hereof. Transfer Taxes - as defined in Section 3.19 hereof. To the extent capitalized terms are used herein which are not otherwise defined, such terms shall have meanings defined in the Servicing Agreement.
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Predecessor Lease means the Lease Agreement (N501XJ), dated as of April 25, 1997, between Lessee and Mesaba Aviation Inc.
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Predecessor Lease has the meaning specified in Section 3.08.
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Predecessor Lease means the Sublease Agreement [NW 200 ], dated as of , 200 , between Sublessor and Sublessee.]
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Predecessor Lease means the Lease Agreement (N XJ), dated as of [____________, ____], between Lessee and Mesaba Aviation Inc.
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Related to Predecessor Lease

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Master Lease This Schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CHEMDEX CORPORATION COMDISCO, INC. AS LESSEE AS LESSOR By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx ------------------- --------------------- Title: CEO Title: SR VP ----------------- ------------------- Date: Date: ----------------- ------------------- EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • 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.

  • 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.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

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

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • 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:

  • Other Leases means, collectively, the Lease Agreements between Landlord, or an Affiliate of Landlord, and Tenant with respect to the properties described on Exhibit B, but excluding any Lease Agreements terminated pursuant to their terms or by mutual agreement of the parties.

  • 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.

  • Subleases means the Sublease(s) of even date herewith by and between the District and Contractor together with any duly authorized and executed amendment hereto under which the District subleases the Site from the Contractor.

  • 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).

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

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

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

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • Consumer lease means a lease that a lessor regularly engaged in the business of leasing or selling makes to a lessee who is an individual and who takes under the lease primarily for a personal, family, or household purpose, if the total payments to be made under the lease contract, excluding payments for options to renew or buy, do not exceed $25,000.00.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Lessor Liens means any Lien or disposition of title or interest arising as a result of (i) claims against Lessor, First Security Bank, National Association, in its individual capacity, or the Owner Participant not related to the transactions contemplated by the Operative Documents, (ii) any act or omission of the Owner Participant, Lessor, or First Security Bank, National Association, in its individual capacity, which is not related to the transactions contemplated by the Operative Documents or is in violation of any of the terms of the Operative Documents, (iii) claims against the Owner Participant, Lessor, or First Security Bank, National Association, in its individual capacity, with respect to Taxes or Expenses against which Lessee is not required to indemnify the Owner Participant, Lessor or First Security Bank, National Association, in its individual capacity, pursuant to Section 7 of the Participation Agreement or (iv) claims against Lessor or the Owner Participant arising out of any transfer by Lessor or the Owner Participant of all or any portion of the respective interests of Lessor or the Owner Participant in the Aircraft, the Trust Estate or the Operative Documents other than the transfer of possession of the Aircraft by Lessor pursuant to this Agreement, the transfer pursuant to the Trust Indenture or a transfer of the Aircraft pursuant to Section 9, 10 or 19 hereof or pursuant to the exercise of the remedies set forth in Section 15 hereof, provided, however, that any Lien which is attributable solely to First Security Bank, National Association or the Owner Participant and would otherwise constitute a Lessor Lien hereunder shall not constitute a Lessor Lien hereunder so long as (1) the existence of such Lien poses no material risk of the sale, forfeiture or loss of the Aircraft, (2) the existence of such Lien does not interfere in any way with the use, possession, operation, or quiet enjoyment of the Aircraft by Lessee (or any Sublessee), (3) the existence of such Lien does not affect the priority or perfection of, or otherwise jeopardize, the Lien of the Trust Indenture, (4) First Security Bank, National Association or the Owner Participant, as appropriate, is diligently contesting such Lien and (5) the existence of such Lien does not pose a material threat of interference with the payment of Rent (other than Excluded Payments in favor of First Security Bank, National Association or the Owner Participant, as appropriate).

  • 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.

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.

  • 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.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.