Primary Lease definition

Primary Lease shall have the meaning given such term in Section 33(a) of this Lease.
Primary Lease means each channel lease agreement identified in Schedule R-2 which is attributable to a Closed Market and any new channel lease agreement pursuant to which any Sprint Subsidiary becomes entitled to use any ITFS or MDS channels for commercial purposes in Region 1 and which are subleased to Operator pursuant to Section 5.5 of this Agreement, as each may be amended or extended as contemplated herein. Upon any Market becoming a Closed Market, any channel lease agreement listed in Schedule R-2 attributable to such newly Closed Market and any new channel lease agreement which channels are applicable to a Closed Market and which are subleased to Operator pursuant to Section 5.5 will automatically be considered as a Primary Lease for purposes of this Agreement. Each and every Primary Lease from time to time in effect are herein collectively referred to as the "Primary Leases".
Primary Lease. A lease, whether now existing or hereafter entered into, pursuant to which the Partnership, as the lessee (either in its own name or as an assignee of BKC pursuant to the Real Estate Purchase Agreement or otherwise), holds the right to occupy and use a Partnership Property or any portion thereof. QSV: QSV Properties Inc., a Delaware corporation.

Examples of Primary Lease in a sentence

  • Any continuing breach of the Primary Lease by You will be a default under this Sublease.

  • Upon notice from Workaway or the Primary Lease landlord that You are breaking terms or conditions of the Primary Lease, You will promptly comply with such terms and conditions.

  • As a sublessor, Workaway has assumed certain legal obligations under a primary lease with the landlord (the "Primary Lease").

  • As a sublessor, Sublessor has assumed certain legal obligations under a primary lease with the landlord (the "Primary Lease").

  • Upon notice from Sublessor or the Primary Lease landlord that You are breaking terms or conditions of the Primary Lease, You will promptly comply with such terms and conditions.


More Definitions of Primary Lease

Primary Lease. As defined in Section 2.1.
Primary Lease means a ground lease, master lease, or primary lease.
Primary Lease means a valid, binding executed and existing lease for the use of a SLF which is for an initial term of more than three (3) years and is entered into between Borrower and either (i) a tenant who is an experienced SLF manager which is deemed to be creditworthy by the Bank or (ii) a tenant who retains an experienced Operator pursuant to an Operating Agreement and such other terms as are acceptable to Bank and Bank counsel. s. "Title Policy" means the owner's title policy meeting the requirements of this Master Loan Agreement.
Primary Lease means and refers to the Original Lease, as amended by the First Amendment and Second Amendment. Any words or phrases constituting defined terms in the Primary Lease shall have the same meaning when used in this Sub-Sub-Lease, unless the otherwise stated.
Primary Lease. - means that certain Lease Agreement dated ___________, by and between _____________, as lessor, and [FCH/SH Leasing] [FCH/SH Leasing II], as lessee, [as amended by that certain Omnibus Lease Amendment Agreement dated June 30, 1998, by and among FelCor Lodging Trust Incorporated, Guarantor, [FCH/SH Leasing] [FCH/SH Leasing II] and certain other lessors and lessees under separate lease agreements].
Primary Lease. Proceeds", "Property Income", "Single-Purpose Entity" and "Tempe Mortgage" shall have the meaning set forth in the Mortgage. The term "Event of Default" shall have the meaning given in Section 6 hereof. The term "Prepayment Premium" shall have the meaning given in Section 9 hereof. The term "Business Day" as used herein shall mean any day other than a Saturday, Sunday or other day on which national banks in the State of California are not open for business.
Primary Lease means the Indenture of Lease of even date herewith made between the Landlord of the first part, the Tenant of the second part and the Surety of the third part in respect of the Demised Premises.